Donald Goffman Email & Phone Number

Schaumburg, Illinois, United States

Greater Chicago Area

• Provided credit reviews, input, and approvals with a loan authority of $25MM for an Asset Based Lending portfolio in excess of $1B.
• Managed the review process for all field examinations within that portfolio.
• Participated and provided approvals related to the risk-rating of individual credits

Greater Chicago Area

• Worked in conjunction with the middle-market commercial loan officers to thoroughly review, present, and approve loans with an individual authority of up to $5MM.
• Attended weekly loan committee meetings to discuss and approve credits in excess of $5MM.

Greater Chicago Area

• Inherited and then revamped, updated, and implemented a newer and more effective Asset Based Lending program. Established appropriate internal controls, including updating ABL software and educating middle-market.
• Built and implemented a new credit approval process throughout the commercial loan department to effectively streamline and provide support to the lenders, resulting in a more efficient and timely response to the.
• Possessed an individual loan authority of up to $1MM, and was an active voting member at weekly loan committee meetings for larger potential credits.

Greater Chicago Area

• Expanded the bank’s lending capabilities and product offerings by establishing and running the Asset Based Lending Department. As a startup department, put in place all of the monitoring systems, including collateral.
• Wrote and implemented a business plan, creating the “Entrepreneurial Business Banking” area of the bank to focus on clients with smaller borrowing needs due to a lack of attention to a previously profitable segment of.
• Overhauled an ineffective and subjective commercial loan risk rating system used inconsistently by each loan officer by creating a risk rating system matrix used by the entire commercial loan department that.

Greater Chicago Area

• Initially hired as an ABL internal auditor, promoted to associate involved in the operational side of the ABL business, and shortly thereafter promoted to portfolio manager, overseeing relationships with clients.