David Ritacco Email & Phone Number

Providence, Rhode Island, United States

I am responsible for Commercial Real Estate and Commercial and Industrial (C&I) Lending, Deposit and Relationship growth throughout Rhode Island, Connecticut and Massachusetts. The asset classes include, but are not limited to, Multi-Family, Industrial, Retail, Hospitality and Investment. BankNewport is a forward-thinking community bank that's focused on.

Westchester County, New York, United States

-Responsible for Commercial Loan, Deposit and Relationship growth through out Westchester County, Mid-Hudson Valley and Fairfield County.

Westchester, New York

• Initiated first ever Commercial and Small Business Banking Sales Plan for the retail branch network.
• Develop and source new business through cultivation of existing clients, prospecting, internal resources, out of office networking and third party referral sources including CPA’s and Attorney’s.
• Leverage relationships with internal partners to familiarize clients, up to and including new strategies to enrich the relationships and source new opportunities.
• Analyze P&L, balance sheets, AR, Tax Returns for financing deals ranging from $500K-$30M.
• Prepare loan proposals, credit memos and compile pre-screened financial information for loan committee review.

Stamford, CT

• Managed $60,000,000 loan portfolio consisting of Real Estate and C&I loans.
• Analyzed P&L, balance sheets, AR, Tax Returns for deals ranging from $250K-$10M
• Initiated first ever Commercial and Small Business Relationship Building Sales Plan.
• Regularly train Branch Managers on how to prospect and identify new business opportunities by networking at community events and by hosting one on one and group training sessions.
• Analyzed and underwrote Loan files for Bank acquisition.
• RMA (Risk Management Association) Credit Trained.

New York, NY

• Generated over $2 million in business/consumer deposit accounts by identifying new revenue streams and strategies, such as client referrals, cold calling, out of office networking and client prospecting.
• Initiated first-ever branch marketing plans to gain share among Gen X target market. Developed a sales proposition and presentation that fully optimized product offering and incentives to attract this audience.
• Selected to coach and train employees in effective selling practices in order to help them reach their goals.

Hoboken, NJ

• Managed staff of 20 employees and $300 million deposit base.
• Responsible for all branch operations including vault and head teller monthly audits, safe deposit safekeeping, cash items, store budgeting, facilities review, and daily overdraft reporting.
• Cultivate relationships with key internal and external customers. Established a process for setting goals and selling for staff such that current client business was fully leveraged.
• Trained all platform CSR’s on how to cross sell products, services and how build and maintain relationships as a means of both retaining the current client base and acquiring referral business.

Greater New York City Area

• Only recipient of Top Performing Rookie Financial Specialist Award in 2004 and 2005.
• Consistently met sales targets of $1 million in consumer/small business loans and deposits per month via client referrals, weekly cold calling sessions, client prospection, research and analysis

Westchester County, New York, United States

Bachelors, Sports Studies

Education record