Eric Chung Email & Phone Number

Chicago, Illinois, United States

Greater Chicago Area

Dallas, TX

• Leading a team responsible for the profitability and pricing of an $8B mid-market loan and leasing business focused on the transportation sector
• In charge of developing and implementing the optimal pricing strategy for the business based on competition, customer price elasticity and risk tolerance

Dallas, TX

• Led a team of Pricing Managers Responsible for operationalizing pricing strategy for an industry leading mid-market lending and leasing company with assets of $22B and $10B annual originations across Transportation.
• Delivered 11% volume growth while maintaining expense flat and drove systems enhancements for a pricing infrastructure to ensure over +100K transactions are priced timely and consistently

Norwalk, CT

• Led pricing and valuation activities focused on acquisitions and divestitures for 11 operating businesses within GE Capital Americas, a core GE Capital vertical with over $100B in assets
• Developed analysis and financial models to optimize asset portfolio mix, productivity and profitability resulting in over $7B of transaction volume

Chicago, IL

• Managed a portfolio of 20 distressed commercial real estate properties totaling over $500MM in commitments in all commercial property types including multi-family, office, industrial and hotel
• Responsible for enforcing remedies to work out troubled assets including the preparation of forbearance agreements, negotiating loan restructures and implementing foreclosures

Chicago, IL

• Worked with Directors to managed client relationships for the Midwest region, an office with annual origination volume of $500MM. Responsible for the initial deal quote and preliminary deal approval of structured first.
• Provided deal screens and quotes on over 100 transactions totaling +$2B of First Mortgage and CMBS volume, closing over $100MM in commitments

Chicago, IL

• Managed the preliminary credit screen and underwriting process for Vacation Ownership, a specialty group focused on asset back lending and construction/development loans for timeshare resorts. The group generated.
• Assisted in quoting over $2B in volume, prepared 15 credit committee presentations and participated in closing of over $450MM in commitments

Chicago

• Completed underwriting and performed portfolio management for core real estate and hotel transactions in Merrill Lynch Capital Real Estate group a Mid-Market lender with $1B in assets and over $500MM annual volume
• Provided deal quotes and preliminary credit presentations on over $100MM of commercial real estate debt transactions, underwrote over $50MM in total mezzanine and core debt commitments and managed a portfolio of 15.

Chicago, IL / Stamford, CT

• Quality team at GE used Six Sigma techniques and tools to improve processes, increase output and reduce defects. Black Belt program lasted two years. Individuals received intense training in Six Sigma and were deployed.
• Project manager responsible for the implementing an underwriting model module for a GE web based application (RE Source) used by the Real Estate group to manage deal flow and credit approvals

Chicago, IL

• Member of global team responsible for the valuation of real estate assets for GE Real Estate, a GE Capital segment with over $70B in assets located across 15 countries
• Provided real estate valuations specializing in non-core real estate properties such as hotel, affordable housing, manufactured housing and vacation ownership. Underwrote $195MM in total commitments.

Chicago, IL

• Prepared credit presentation and developed cash flow modeling for the purchase of notes receivable portfolio collateralized by timeshare assets
• Underwrote six Vacation Ownership transactions equaling $130MM in total commitments

Chicago, IL

• Developed strategic plans for the resolution and/or liquidation of troubled real estate loans and owned properties totaling over $50MM.
• Created business plans for value creation on real estate owned assets to present to management for approval.

Chicago, IL

• Worked with outside counsel, underwriters and investment officers to assure all terms and conditions were in agreement with established loan parameters.
• Prepared internal closing documents and obtained internal approval to fund over $50MM in closed transactions.

Mba, Finance And Financial Management Services

Bachelor Of Arts (Ba), Urban And Regional Planning

Activities and Societies: StarCourse Asian American Student Association