Eric Williams Email & Phone Number

Chicago, Il, Us

United States

ROLE SUMMARY: responsible for the pro-active management of loans post-closing with a focus on monitoring borrower compliance, identifying areas of risk, evaluating long-term viability/performance, and mitigating potential defaults and loan losses.SCOPE OF RESPONSIBILITIES:*manage a portfolio of loans and serve as borrower's primary post-close contact for monitoring, servicing, modifications, and new loan requests;*collect, review, and analyze financial and other reporting… Show more ROLE SUMMARY: responsible for the pro-active management of loans post-closing with a focus on monitoring borrower compliance, identifying areas of risk, evaluating long-term viability/performance, and mitigating potential defaults and loan losses.SCOPE OF RESPONSIBILITIES:*manage a portfolio of loans and serve as borrower's primary post-close contact for monitoring, servicing, modifications, and new loan requests;*collect, review, and analyze financial and other reporting information for risk monitoring;*perform periodic site visits to assess borrower's financial health, check collateral condition, and Identify relationship issues and/or opportunities;*make recommendations on loan risk ratings and perform analysis on collateral value and potential loan losses;*oversee foreclosure process including notice and other legal requirements, manage outside legal counsel; andIdentify trends and legal risk issues that may impact portfolio sectors or geographies. Show less

Real estate investment, particularly multi-family, and property management.

Greater Chicago Area

*Assist Executive Director in formulating an acquisition and development strategy for acquiring vacant/abandoned single-family homes and commercial property in designated Target Areas;*Strengthen the role of anchor institutions in the Micro Market Recovery Program (MMRP) area through the engagement of local advisory committees including churches, businesses, and block clubs;*Form partnership/alliances with community-based, private, and nonprofit organizations to achieve company goals… Show more *Assist Executive Director in formulating an acquisition and development strategy for acquiring vacant/abandoned single-family homes and commercial property in designated Target Areas;*Strengthen the role of anchor institutions in the Micro Market Recovery Program (MMRP) area through the engagement of local advisory committees including churches, businesses, and block clubs;*Form partnership/alliances with community-based, private, and nonprofit organizations to achieve company goals and objectives.SKILLS AND EXPERTISE: Community Engagement and Development, Housing Stabilization, Problem Solving, Strategic Development, and Leadership. Show less

Chicago, Il

*Develop and implement the Cook County Land Bank Authority (CCLBA) property acquisition strategy and work with internal and external stakeholders to reposition acquired properties for productive use;* Understand housing dynamics in the Chicago metropolitan area and Cook County specifically, via site visits, market research, and community and government contacts;*Form partnership/alliances with community-based, private and nonprofit organizations to achieve CCLBA goals and… Show more *Develop and implement the Cook County Land Bank Authority (CCLBA) property acquisition strategy and work with internal and external stakeholders to reposition acquired properties for productive use;* Understand housing dynamics in the Chicago metropolitan area and Cook County specifically, via site visits, market research, and community and government contacts;*Form partnership/alliances with community-based, private and nonprofit organizations to achieve CCLBA goals and objectives;*Supervise a team tasked with Asset Management and Property DispositionSKILLS & EXPERTISE: Asset Management, Negotiation, Problem Solving, Strategic Development, Leadership. Show less

Chicago, Il

-Mitigate losses on delinquent/distressed accounts through workout and litigation;-Develop resolution strategies and execute risk-appropriate actions;-Prepare formal account status updates and present monthly updates to senior bank management;-Negotiate resolution strategies with borrowers, attorneys, and other interested parties. Work closely with legal counsel in negotiating and structuring loan extensions, forbearance agreements, and settlements;-Lead cross-functional… Show more -Mitigate losses on delinquent/distressed accounts through workout and litigation;-Develop resolution strategies and execute risk-appropriate actions;-Prepare formal account status updates and present monthly updates to senior bank management;-Negotiate resolution strategies with borrowers, attorneys, and other interested parties. Work closely with legal counsel in negotiating and structuring loan extensions, forbearance agreements, and settlements;-Lead cross-functional teams comprised of portfolio management, legal, accounting, documentation, and OREO management to minimize risk and maximize recovery;-Interact with CEO/CFO levels in small to mid-size companies;-Ensure compliance with all reporting and regulatory requirements;-Provide on-going risk assessments of borrowers, guarantors, and relevant industries SKILLS & EXPERTISE: Asset Management, Negotiation, Problem Solving, Strategic Development, Leadership. Show less

Chicago, Il

*Manage a $10MM+ portfolio of high-risk borrowers: C&I and CRE loans;*Develop sound business practices to reduce loss exposure in higher risk and/or higher dollar, more complex accounts;*Improve profitability by ensuring interest rates and fee revenues are commensurate with risks;*Complete timely and accurate internal and external reporting as required;*Initiate and support the decision-making process, ensuring that prompt escalation of any sensitive or substantive issues… Show more *Manage a $10MM+ portfolio of high-risk borrowers: C&I and CRE loans;*Develop sound business practices to reduce loss exposure in higher risk and/or higher dollar, more complex accounts;*Improve profitability by ensuring interest rates and fee revenues are commensurate with risks;*Complete timely and accurate internal and external reporting as required;*Initiate and support the decision-making process, ensuring that prompt escalation of any sensitive or substantive issues are communicated to Senior Management.SKILLS & EXPERTISE: Asset Management, Negotiation, Cross-functional Collaboration Show less

Chicago, Il

-Perform Credit Transaction Reviews to test for underwriting quality, adherence to internal policies and procedures, and potential credit administration issues;-Create formal policies and procedures including Bank Secrecy Act, Active Officer and Employee Vacation, Collateral Monitoring, and Non-Accrual Status. Coordinate, schedule, and attend meetings with senior management and all department heads to help maintain consistency and accuracy across all departments.•Assist in the… Show more -Perform Credit Transaction Reviews to test for underwriting quality, adherence to internal policies and procedures, and potential credit administration issues;-Create formal policies and procedures including Bank Secrecy Act, Active Officer and Employee Vacation, Collateral Monitoring, and Non-Accrual Status. Coordinate, schedule, and attend meetings with senior management and all department heads to help maintain consistency and accuracy across all departments.•Assist in the coordination of various financial and regulatory examinations and audits.•Research regulatory issues including, OFAC, Allowance for Loan and Lease Losses, and Non-Accrual Status, and provide training to employees in the areas of compliance and risk management.SKILLS & EXPERTISE: Risk Management, Policies and Procedures Development, Regulatory Compliance, Loan Review, Cross-functional Collaboration, Training and Development Show less

Chicago, Il

-Conduct bank examinations and inspections of small, medium, and large banks and bank holding companies to assess financial condition and compliance with applicable laws, regulations, and policies. Determine the scope of inspections and conduct pre-inspection work as Examiner-in-Charge and provide leadership and direction to less experienced examiners. -Discuss findings and recommendations with senior management and the board of directors and provide written reports that evaluate an… Show more -Conduct bank examinations and inspections of small, medium, and large banks and bank holding companies to assess financial condition and compliance with applicable laws, regulations, and policies. Determine the scope of inspections and conduct pre-inspection work as Examiner-in-Charge and provide leadership and direction to less experienced examiners. -Discuss findings and recommendations with senior management and the board of directors and provide written reports that evaluate an institution’s Capital Adequacy, Asset Quality, Management Effectiveness, Quality of Earnings, Liquidity, and Interest Rate Sensitivity.-Provide training, guidance, and written evaluations to less-experienced staff.-Complete Federal Reserve System schools and training modules required for advancement to commissioned examiner status.SKILLS & EXPERTISE: Regulatory Compliance, Credit Analysis, C-level Presentations, Training and Development, Leadership Show less

Master Of Science (Ms), Real Estate

B.A., Economics

Economics

Education record