Asifa Syed Email & Phone Number

Old Bridge Township, Nj, Us

Red Bank, New Jersey, United States

Old Bridge, Nj

 Spearheaded the SBA PPP Loans and Forgiveness in Round 1 & Round 2.  Recipient of the Bank’s Presidential Award in August 2020 to being “Amboy’s Front Line Hero” and managing the SBA PPP loans for over 1,000 applications within a 2-month period.  Manage and maintain CRE portfolio including multi-family, investment, nursing homes, ALFs, warehouses, retail, hospitality, healthcare and office space.  Risk Management - Evaluate quality of loans and assigns risk rating indicating borrower’s financial strength and probability of loan repayment. Maintain a good working knowledge of the bank’s lending policies and procedures & identifies deviations from the policy. Manage CRE loan originations, assignments, review packages, maintain workflow, approve annual reviews and risk ratings. Manage and execute all stages of credit reviews. Construction Financing – niche construction lender including but not limited to land development, residential development, construction to perm financing, office improvements, franchised structures etc.  Attending Member of the Credit Committee with approval authority up to $3MM along with Chief Credit Officer / Chief Lending Officer. Manage, train, coach and retain team talent to optimize performance and efficiency - support on complex transactions and deal structuring.  Sound Financial Analysis skills - Contribute to efficient commercial loan processing and closing by maintaining a thorough understanding of Bank’s lending guidelines, credit policy procedures, risk management, compliance requirements, and various federal / state laws and regulations. Strong communication and negotiation skills (both written & verbal) – develop and implement procedures. Collaborate with team members, management to streamline / establish guidelines and best practices. Knowledge of key market-risk issues and compliance involved in credit related activities. Proven project management skills and abilities.

Livingston, New Jersey, United States

Manage originations including credit, closing & support staff to Underwrite and close, SBA 7(a) and 504 loans. People Management - set goals, plan for development, provide ongoing feedback and coaching, conduct mid-cycle and year end performance appraisals w/ direct reports, communicate company's goals, address difficult issues, administer time & attendance & other HR policies.Manage workflow of the department, maintain accuracy of material, in compliance w/ SBA SOPs & CIT's Policy & ProceduresReview write ups & recommendations. Develop & implement process improvement initiatives to enhance productivityStrong experience in construction lending / financing products - ensuring proper disbursements, progress of project, manage the customer and the contractor's expectations,Active member of the Compliance Steering Committee and Operational Excellence Committee. Strong communication & presentation skills with internal & external clients

•Performance management. Preparing RCAs, underwriting SBA loans, following guidelines/Risk Assessment Criteria, and SOPs. Structuring deals as a 7(a) loan / 504 loan / Pari Passu /conventional/ C&I loans ranging from $300M - $10,000M. •Train and mentor new hires with the internal process including training on MFA (Moody’s Financial Analyst) and the Risk Management System •Make sound credit decisions and approve deals for my team.

•Responsibilities include preparing approvals, underwriting C&I, comm’l credit lines, term loans, comm’l real estate loans (owner-occupied), refinances, & warehouse lines of credits. Develop criteria to objectively measure credit worthiness for privately held customers and review corporate documents. Work closely with lending officers, CFO and CCO. Formulate opinions on credit worthiness and present recommendations to Credit Committee. Conduct Annual reviews of existing business credits (Commercial Lending Portfolio is over $200mln.). Monitor risk ratings of various accounts and change ratings when applicable.•Collaborate with 50 different branches in providing, prompt reliable service to customers / officers.

•Responsibilities included maintaining credit portfolio of over 100 middle-market accounts, process loans, verify & pledge collateral, collection of accounts receivable and review corporate documents. •Prepare and present monthly and quarterly compliance reports to the Board of Directors.•Support the head of the Lending Group with daily over draft reconciliations.•Maintain daily FX trades and Stock Options Report and pledge collateral to cover the Bank’s position.•Prepare credit proposals, cash flow analysis (FAMAS) and conduct annual reviews.

•Received on the job credit training. Responsibilities include preparing & processing annual credit proposals/reviews for multi million dollar international corporations with Net Assets over $100mln. Contacting branches worldwide to gather relevant information in order to prepare and launch the credit proposals along with financials to the Credit Committee for approval. Execute the offering letter and promissory note after legal counsel review. •Review compliance of corporate documents such as Certificate of Incumbency, Corporate Resolutions, Funds Transfer Agreements and Articles of Incorporation. Identify tangible cross-selling opportunities to increase client profitability. Corporate Banking Officer, International Corporate Group - 4/90 -12/99•Managed Portfolio consisting of Demand Deposit accounts, Sweep accounts, Margin Financing deals, Zero Balancing Agreements, Banker’s Acceptances, Over Drafts, Intra-days and Back up lines. •Improved portfolio profitability of over 150 highly active DDA’s and performed daily transactions monitoring incoming and outgoing wires (Fed/Chips/Swift). Actively promoted Cash Management Products generating fee income. Contributed extensively to meet yearly budget requirements by supporting senior officers. Started as a loan input / verification clerk and was promoted to Reconciliation Officer in 1993. Conducted daily reconciliation of the loan suspense account for the Bank’s only booking branch in North America.

Bachelors, Marketing & Computer Science

Activities and Societies: Cummulative GPA 3.6

Bachelor'S Degree, Marketing With A Minor In Computer Science