Christopher M. Thomas Email & Phone Number

East Orange, Nj, Us

New York, Ny, Us

Manages workflow and preforms timely follow-ups to issues identified during reviews.• Preforms evaluation of member pledged mortgage collateral using the Bank’s approved collateral valuation methodology and data capture.• Evaluate and test collateral files to determine conformity and compliance with regulatory and Bank policy and procedures.• Prepare written recommendations regarding loan acceptance or denial.• Work with the legal department in the review, evaluation custodial agreements, encumbering pledged collateral to determine impact to eligibility.• Stay abreast of federal regulations, policies, internal procedures and other compliance requirements.

Mclean, Va, Us

Reviews a high volume of loan documentation to appropriately capture collateral, documents, and other related party data into the loan accounting system.Supports multiple lines of business as well as a wide array of loan structures/types such as construction, commercial real estate, term loans, and revolving credit facilities.Experienced in areas such as loan documentation with a concentration on collateral and security agreements, loan accounting system functionality, as well as several other key platforms.Ensures the Commercial Banks loan related collateral is properly accounted for, in support of ongoing monitoring and controls.

New York, Ny, Us

• Manage transactions, including the preparation and execution of trade documents, coordination of collateral file shipment to the custodian and management of trade related deadlines.• Communicate transaction details to counterparties, servicers, custodians, and internal groups.• Minimize risk by actively identifying critical risk issues in collateral related reviews prior to funding and escalating adversefindings.• Reference and demonstrate understanding of bailee, custodial and servicing agreements.• Provide feedback on best practices to internal Legal on new agreements and assist with finalization.• Review, understand, and act on resolution of post funding collateral deliverables• Support additional processes both in due diligence and asset management, such as title and/or compliance review.

Stamford, Ct, Us

Receive, review and recommend the funding of loan funding advance requests in conformance with credit approved eligibility guidelines in a specified timeline. Notify management in a timely manner of any issues or exceptions.Interact with custodian to address any problems or issues and ensure compliance with operational policies and guidelines.Validate collateral documentationManage the receipt, review and approval of loan funding advance requests in conformance with credit approved eligibility guidelines in a specified timeline. Use both detective and preventive processes to identify potential loans that need additional diligence prior to funding and ensure all processes are SOX compliant.Reconciled appropriate credits and debits for approved clients within the Firm’s cash management system. Then cross reference the data with department operations systems for validityReview collateral documentation (Original note, Power of Attorney’s, Title commitment and Security Instrument)Completes Daily and Monthly Departmental Reporting spreadsheets.

Charlotte, Nc, Us

Provided Processing/Sales SupportFollowed federal compliance regulations for New York/Nationwide TitlesReviewed Titles for any existing liens and judgments Reviewed the liabilities on the Credit Report against information provided on the initial application Review of HUD-1 settlement statements prepared by third party vendors in connection with loan closingsIdentifies systems issues and training opportunities; coordinating “fixes” with TrainingReviewed the accuracy of mortgage exceptions to ensure all exceptions aligns with fair lending, compliance, risk, and legal standards. Works closely with New York Attorney’s to help get loans closed in a timely mannerReviews the accuracy of Title Commitment and make sure all outside Attorneys are approved by the Bank before closing.

Charlotte, Nc, Us

Reviewed loans and analyzed why they didn’t close on time and if the loan was eligible for Payout under the COTC (Close on Time Commitment) guidelines.Followed federal compliance regulations for Home LoansReviewed the accuracy of mortgage exceptions to ensure all expectations aligned with fair lending, compliance, risk, and legal standards. Created several daily reports that utilize multiple systems of record across several platformsKnowledge of applicable consumer laws and regulations and Compliance Risk Management Completed projects on time and on budget, and adapted to changing prioritiesStayed up-to-date with evolving regulatory changes and market events impacting the businessKnowledgeable on Operational risks and related controls of banking regulations

Charlotte, Nc, Us

Verified Borrower’s accuracy of all information entered into Mortgage Online systemRequested any additional documentation underwriting requiredCommunicated with borrowers through the loan processSubmitted loan files to the Underwriting Department and cleared all underwriting conditionsReviewed final HUD-1’s with borrower and confirmed loan transaction detailPrepared and sent out loan closing documents to the closing agent in a timely manner toCoincide with scheduled signing datesCommunicated daily with Title Vendors to obtain and update HUD’s and closing docsAnalyzed Credit Reports thoroughly and report any findings to underwritingWorked closely with title to clear liens, judgments or any clouded itemsPulled daily reports and provided them to management

Charlotte, Nc, Us

Reviewed residential loan applications (FHA, VA, Doctor, Private Wealth,Purchases and Refinances).Reviewed and cleared income, assets, and creditReviewed all documents, submitted to Underwriting,Analyzed loan applications to determine the risk to the corporation and acceptability to company’s standards.Maintained working knowledge of modification and conventional program guidelines and requirements.Maintained a positive working relationship with brokers, realtors, and builders.Met performance standards and goals established by the bank.