Babacar Ba Email & Phone Number

Metro Jacksonville

Responsible for designing, administering and executing the Reg.W and Reg. O programs of the Bank. Designed, built and implemented a Regulatory programs encompassing effective policies, procedures, processes, training, monitoring and testing as well as documentation for inter-company transactions in light of Regulation W, Home Owners' Loan Act and industry-leading practices. Previously, served as the Commercial Risk Officer, responsible for identifying, assessing, mitigating, monitoring and reporting key risks and controls for the commercial lines of businesses including Commercial Real Estate, Specialty & Lender Finance, and Vendor Equipment Finance.Program Manager for the Operational Governance Office, responsible for coordinating the Consent Order remediation, testing and validation.

Responsible for managing a portfolio of distressed assets by engaging in loss mitigation practices through the disposition of assets, discounted payoffs and/or foreclosures. Assets under management total well over $3.5 Billion comprised of hotels, residential, land and commercial loans.President of the Board and Managing Director of Specialty Finance Group, LLC a $1.5 billion construction, specialty, and hotel lending business. Led the business resolution strategy and a team of 24 personnel. Provided both the master servicing and special servicing on owned assets and assets in participation with other banks. Chaired loan committee for loan advances, restructuring and workouts. Delivered strategic resolutions for distressed assets. Sold the portfolio to private equity firms in a joint venture deal with the FDIC.

New York, New York, United States

Applied underwriting policies, guidelines, and procedures to generate over $2 billion in Commercial Mortgage Backed Securities loans. Approved term sheets for certain loan sizes. Managed the due diligence process. Coordinated a timely completion and accuracy of third-party reports. Reviewed collateral operating statements and performed horizontal and vertical analyses to incorporate in the underwriting assumptions. Reviewed sponsors’ financial statements to determine strength and offer structural enhancements to mitigate risks. Evaluated third party reports and made necessary adjustments to underwritten rents, vacancy levels, and TI/LC and replacement reserves assumptions. Identified and mitigated risks including tenant rollovers, go-dark and co-tenancy clauses, and early termination options. Conducted site visits and market research. Maintained ongoing communication of issues with originators, legal and senior management for timely resolution. Prepared cash flow underwriting, asset summaries and presented recommendations to credit committees. Coordinated and followed through for smooth closing. Supported underwriting assumptions in conference calls with rating agencies and subordinate debt buyers.

New York, New York, United States

Evaluated construction loan finance requests against underwriting criteria with an emphasis on debt yield, IRR targets, and success potential. Prepared and presented new deal sheets for term sheet approvals. Defined construction draw schedules. Reviewed and analyzed accuracy and reasonableness of construction budgets. Prepared credit underwriting cash flows and memorandums for approximately $2 billion in commercial real estate loans. Presented to credit committees in New York and Germany.

Sr. Consultant on the Transaction Advisory Team. Responsible for Due Digilence, Underwriting, Agreed-Upon-Procedures and Fair Market Valuation for Wall Street Clients and Opportunity Funds. Corporate Real Estate experience including business strategy, site location analysis and Cost Controls.

Master Of Business Administration - Mba, Finance, General

Real Estate

Bba, Real Estate And Urban Land Economics