Daniel Demelo Email & Phone Number

Stamford, Ct

Danbury, Ct

•Contributed to the reconciling of credit ratings between the GE systems to the Wells Fargo systems to align legacy GE credits and ratings with the Wells Fargo ratings and philosophy. •Responsible for appropriate management of credit risk within a portfolio of distressed credits consisting of legacy GE and legacy Wells Fargo customers in various industries. •Complete quarterly credit reviews which describe transaction details, customer background, financial results, and recommendations… Show more •Contributed to the reconciling of credit ratings between the GE systems to the Wells Fargo systems to align legacy GE credits and ratings with the Wells Fargo ratings and philosophy. •Responsible for appropriate management of credit risk within a portfolio of distressed credits consisting of legacy GE and legacy Wells Fargo customers in various industries. •Complete quarterly credit reviews which describe transaction details, customer background, financial results, and recommendations for loss mitigation and potential enhancements. •Perform comprehensive credit analysis that justifies decisions and recommendations, and with a depth of analysis commensurate with the exposure and complexity of the request. •Participate in monthly credit review calls with senior management to discuss the current status of the customer’s financial performance. •Formed and maintained constructive relationships with peer Underwriters, Credit Managers, Territory Managers, Sales Managers, and Bank Partners on shared customers. Show less

Danbury, Ct

• Managed Equipment Commercial Leasing Portfolio consisting of various industries. • Maintained loan relationship on existing borrowers via annual credit reviews, quarterly interim reviews, collateral valuation and gap analysis, covenant compliance reviews, and contractual modification requests. • Performed detailed credit analysis on borrowers to determine the proper risk rating and classification.• Monitored industry trends to proactively identify potential issues with our… Show more • Managed Equipment Commercial Leasing Portfolio consisting of various industries. • Maintained loan relationship on existing borrowers via annual credit reviews, quarterly interim reviews, collateral valuation and gap analysis, covenant compliance reviews, and contractual modification requests. • Performed detailed credit analysis on borrowers to determine the proper risk rating and classification.• Monitored industry trends to proactively identify potential issues with our customers. • Participated in bi-weekly credit review with senior management on distressed borrowers. • Worked with internal legal counsel on waivers and amendments to legal contracts. • Completed bank regulatory training to ensure regulatory policies are maintained and implemented. • Supported the IT team in the development and improvement of the operating systems. Show less

Danbury,Ct

• Monitored the performance of the portfolio via quarterly reviews, covenants, and annual reviews. • Reported financial analyst summaries to management. • Supported the technology team in the development and improvement of the systems used.

Danbury, Ct

• Managed delinquency for a $1.8 billion dollar portfolio to 0.49% delinquency for FYE2010. • Completed loan restructures for distressed customers, and in turn mitigating over $1MM in total delinquency. • Created a new guideline detailing the restructure process for accounts under $500K. • Worked complex account misapplications to reconcile payment history on aging delinquency issues. • Managed weekly meetings with management to provide updates on customers.