Algis Vaitonis Email & Phone Number

Toronto, On, Ca

West Palm Beach, Florida

Toronto, Canada Area

Toronto, Canada

Full responsibility and oversight for all credit and collection operations of CIT Canada, which comprised 10 distinct businesses that included a diverse range of equipment finance businesses as well as dedicated business units for Leveraged Finance, Energy & Infrastructure and Commercial Real Estate units. Held a $15 million single signature credit limit, managed 90+ direct and indirect reports, and was responsible for a $4.5 billion balance sheet with more than $1 billion annual new business volume.

Directly assisted the Chief Credit Officers of the Capital Markets and Structured Finance business units. Responsibilities included development, implementation and ongoing authority for credit policy/procedures, and portfolio management and reporting systems. Also supported transaction review and approval process with full responsibility allocated for multiple business lines. Primary businesses were US-focused with some global footprints and included commercial aircraft and railcar leasing, regional aerospace, project finance, commercial real estate. leveraged finance, communications & media, merchant banking and structured debt and leasing.

Reported directly to the Chief Credit Officer of the Structured Finance Group. Priorities were to develop portfolio management and reporting systems and enhance and standardize credit processes and internal control environment.

11+ year career with BMO was characterized by a consistent progression to increasingly senior and diverse positions. Key experiences included 2 years in the Bank's special loans group, approximately 4 years as an account manager in the Banks' central corporate banking unit in Toronto, and 3 years in corporate audit and risk management, enabling a deep and thorough grounding in lending, risk management and policy, and internal controls.

Mba, Finance

Bachelor'S Degree, Economics

Ssghd