Daniel Aronson Email & Phone Number

United States

Wilmington, North Carolina, United States

Wilmington, North Carolina Area

Government contract and asset based lending underwriter in the specialty finance group. Underwriter providing working capital solutions for commercial borrowers and government contractors. Worked on various m&a transactions mainly for government contractors as senior lender. Collaborating with sponsors, mez lenders, and private equity groups. Managing the lending process from proposal through closing. Proposed covenant structure, loan terms, and risk grading… Show more Government contract and asset based lending underwriter in the specialty finance group. Underwriter providing working capital solutions for commercial borrowers and government contractors. Worked on various m&a transactions mainly for government contractors as senior lender. Collaborating with sponsors, mez lenders, and private equity groups. Managing the lending process from proposal through closing. Proposed covenant structure, loan terms, and risk grading. Reviewed loan agreements with outside counsel negotiating red lines within the confines of credit approval. Reviewed field exams tracking and mitigating identified issues ensuring credit file properly documented. Understand various types of collateral under various business’s within different industry’s. Proposing necessary advances on accounts receivable and inventory. Ensured smooth transition from closing to servicing team. Show less

Greensboro/Winston-Salem, North Carolina Area

Underwriting Floor plan lines of credit for Auto Dealerships: • Sized and structured floor plan lines of credit based on rate of travel and inventory characteristics. • Performed Benchmark/Financial analysis on dealerships including Trust Equity, Service absorption, Inventory days on hand, margins, and leverage. • Worked with sales personnel and credit officers to structure floor plan lines to mitigate risk as well as meet client needs.

Wilmington, North Carolina, United States

Supported 3 loan officers in underwriting new credits, renewals, annual reviews for commercial loan clients. Ensured satisfactory reporting of financial statements and tested financial covenants to ensure compliance with loan documentation. Worked with sales officers and credit officers to ensure the banks credit appetite was met. Wrote credit memos detailing the transaction, business history, financial analysis, strengths and weaknesses, and other pertinent information specific to the… Show more Supported 3 loan officers in underwriting new credits, renewals, annual reviews for commercial loan clients. Ensured satisfactory reporting of financial statements and tested financial covenants to ensure compliance with loan documentation. Worked with sales officers and credit officers to ensure the banks credit appetite was met. Wrote credit memos detailing the transaction, business history, financial analysis, strengths and weaknesses, and other pertinent information specific to the industry/client. Presented transactions to credit officers seeking approval to issue commitment letter with proposed terms and conditions. Ensured approved terms were accurately reflected in loan documentation. Show less

Winston-Salem, North Carolina, United States

I provide aid for the risk framework in the Asset Based Lending portfolio of the commercial finance department at BB&T. Working closely with senior credit officers I analyze each new borrower’s business model to address any deficiency in the banks collateral/lien position. Monitored collateral loan value to address any availability issues that may arise. Ensure that with each loan closing attorney prepared documents correctly reflect the approval of the credit officer. Developed borrowing… Show more I provide aid for the risk framework in the Asset Based Lending portfolio of the commercial finance department at BB&T. Working closely with senior credit officers I analyze each new borrower’s business model to address any deficiency in the banks collateral/lien position. Monitored collateral loan value to address any availability issues that may arise. Ensure that with each loan closing attorney prepared documents correctly reflect the approval of the credit officer. Developed borrowing base structure, utilizing caps and various advance rates specific to the liquidation value of collateral. Tracked credit risk issues highlighted in field examinations to resolution. Ensured clients accounts receivable and inventory systems and practices were preferential for asset based lenders. Examined borrowing base reports comparing correct calculation of ineligibles recommending reserves such as dilution, rent reserve, letters of credit, etc. Show less

Winston-Salem

Developed models to age invoices from accounts receivable and account payable of commercial clients. Coordinated in teams to aid commercial loan officers in establishing eligible collateral terms.Utilized software programs like Asset Reader and Monarch to help age client invoices. Developed borrowing base structures in coordination with field exam findings to ensure proper margining of collateral vis a vis dilution/ inventory liquidity. Set ineligible calculations on weekly/ monthly… Show more Developed models to age invoices from accounts receivable and account payable of commercial clients. Coordinated in teams to aid commercial loan officers in establishing eligible collateral terms.Utilized software programs like Asset Reader and Monarch to help age client invoices. Developed borrowing base structures in coordination with field exam findings to ensure proper margining of collateral vis a vis dilution/ inventory liquidity. Set ineligible calculations on weekly/ monthly basis ensuring proper concentration limits, cross-aging, contra/foreign/affiliate identifiers, etc. Entered collateral availability into stucky setting the face amount for the line of credit. Monitored credits/ debits to calculate excess availability ensuring bank LGD within tolerance for term of line. Show less

Prague, The Capital, Czech Republic

Through internship at Traficon serving as intern to partner, Saul Ira Rubenstein, I provided research to the Czech Green Building Council.Selected for scholarship through Cameron School of Business to serve as intern abroad.

Responsible for analysis and recommendations for the Consumer Staples and Basic Materials sectors for the $1 million BB&T student managed fund Cooperate with the team to produce a 30 page written report for the university investment advisory board Present recommendations to the university advisory board comprised of the UNCW

Assisted business students with intermediate finance and investment courses Led group study sessions for 5 students and individual training several days a week

Used MS Excel to create a database of UNCW alumni, provided integrated results for easy reference Assisted business school users with technology and computing needs Documented equipment inventory for the business school