Eric Simas Email & Phone Number

San Diego Metropolitan Area

Greater San Diego Area

Greater San Diego Area

Encinitas

• Managed coordination efforts with the branches, corporate personnel, third parties and investors so that suspended files are cleared and purchased within the required time frame in order to avoid or minimize undue.
• Ensured timely resolution to outstanding items required pre-purchase by researching and validating against program guidelines, underwriting issues, doc issues, funding issues and post close issues according to company.
• Served as escalation point for issues, communicating directly with branches, corporate personnel and investors as needed.
• Provided updates and explanations to corporate, third parties and investors for loans aged on warehouse lines.
• Monitored funded-allocated loans to ensure timely receipt of loans from branches to corporate and shipping to investors in order to meet the investor due date.
• Communicated with Investor Suspense Team Lead and corporate to determine eligibility of loans.

Conducted on-site collateral reviews to verify the existence and eligibility of pledged collateral, and determine overall compliance with the Bank's Products Policy collateral requirements. Established and maintained collateral summary reports for all residential real estate pledged to the Bank. Communicated all material findings from the on-site reivew to.

• Interacted with the bank’s active borrowing members to gather information and provide technical analysis regarding use of advances and competing market alternatives.
• Involved in all aspects of the marketing of advances products, take advance orders, work directly with related FHLB staff to communicate members needs and product profiles.
• Supported market research efforts to update and maintain product and member databases and related market research efforts.
• Worked with the Money Desk Manager and Relationship Managers to develop effective communications/presentations to members on profitable uses of FHLB products.

• Opened and updated accounts to ensure correct settlement of equity and fixed income orders.
• Ran Account Retrieval Interface (ARI): An interface between FBSI, Oasys and ALERT Direct to streamline and automate DVP account set-up and settlement instruction updates.
• Ensured all documentation from clients for accuracy and completeness.
• Responsible for updates to mutual fund accounts.

Bachelor'S Degree, Marketing

Activities and Societies: Division II Lacrosse team member and CaptainDeans List Recipient

High School