David Weidinger Email & Phone Number

Indianapolis, In.

Other positions held: Senior Collateral Valuation Analyst, Collateral Operations Analyst.Operations Experience: Ensure member advances are adequately collateralized and collateral is compliant with FHFA regulations and FHLBI policies. Determine the suitability of collateral and data provided by members. Obtain/maintain the security and collateral agreements necessary to pledge collateral and perfect lien position. Complete quarterly reporting for regulators regarding the sufficiency of collateral (types, valuations, liquidity, utilization, etc.). Complete monthly reporting for risk, compliance, and data owed to other FHLB’s. Create/maintain various reports for analyzing collateral, including ad-hoc reports for meetings, members, auditors, and examiners. Participate in onsite audits to verify member collateral and compliance. Complete user testing of changes to collateral system applications and reporting. Coordinate the physical possession of loan collateral with various third-party custodians. Handle collateral aspects of mergers and loan securitizations.Valuation Experience:Maintained the Loan Pricing Model. Performed regular or as needed updates to model parameters and assumptions. Completed quarterly and ad hoc benchmarking analyses of Model pricing against pricing provided by third-party vendors. Prepared quarterly comparative analysis, and ad hoc reports, summarizing results and variances found in the analyses, along with any recommendations for changes to the valuation process. Maintained the Loan Collateral Maintenance Level Model. Performed regular or as needed updates to model parameters and assumptions. Completed quarterly and ad-hoc analyses of collateral maintenance levels (CML’s aka haircuts). Prepared quarterly and ad-hoc reports summarizing results of CML analyses along with any recommendations for changes to CML’s. Pledged, updated, and released securities collateral for members. Completed daily/weekly securities analysis as needed.

Carmel, In

Performed financial and credit analysis to approve, qualify, or reject mortgage loan applications based on credit worthiness and various underwriting criteria. Fully qualified underwriter with maximum approval/policy variance authority. Authorized to underwrite for all fifty states.

Indianapolis, In

f.k.a. General Motors Acceptance Corporation (GMAC). Other positions held: Commercial Lending Analyst, Wholesale Analyst.Acquisitions Analyst:Involved in all aspects of the indirect funding of income producing assets for GM commercial customers. Performed financial and credit analysis to approve, qualify, or reject commercial applications from individuals, municipalities, Sub-S, C-Corp, and LLC entities. Completed credit line reviews for fleet customers. Assisted in developing purchase policies for underwriting commercially up-fitted vehicles. Supervised clerks to discount and establish receivables. Completed performance reviews. Maintained positive relationships with GM dealerships throughout the Midwest. Commercial Lending Analyst:Administered wholesale credit lines and completed credit line reviews for approximately thirty GM dealerships. Analyzed the financial position and performance of same dealerships to include trend analysis for sales, profit, net worth, net working capital, cash, receivables, inventories, trade payables, debt/equity ratios, and overhead absorption. Made recommendations for handling accounts including establishing credit limits, working capital loans, equipment loans, review frequency, audit frequency, and dealership buy/sell transactions. Prepared, monitored and maintained supporting security agreements and UCC filings for all credit lines and dealer loans. Collected wholesale charges, loan payments, loss reserve deficiencies, and demo/used vehicle curtailments. Maintained positive relationships with all Indiana and Kentucky GMAC floor-plan dealerships. Wholesale AnalystPrepared/maintained monthly/yearly floor-plan audit schedules for approximately one hundred dealerships. Prepared and issued audits to field personnel. Reconciled audits and made recommendations for handling accounts based on audit results.

Master Of Business Administration - Mba, Marketing

Bachelor Of Science - Bsba, Finance, General