Ira Scot Holmes, Cpa Email & Phone Number

Silver Spring, Md, Us

• Performing complex performance and strategic financial evaluations of accounting systems and audit programs and Agreed-Upon Procedures reviews of client policies and procedures including the development, formulation and execution of accounting policies and audit management to assess the effectiveness of internal controls, audit readiness and financial reporting. Performing independent review of budgets and budget policy and creating and implementing financial process improvements. • Managing, planning and supervising the work of staff conducting strategic audits and evaluations of client programs using General Accepted Accounting Principles (GAAP), Generally Accepted Government Auditing Standards (GAGAS)/The Yellow Book and American Institute of Certified Public Accountants (AICPA) and Public Company Accounting Oversight Board (PCAOB) auditing standards. • Reviewing and evaluating financial operations and preparing reports describing conclusions and making recommendations to senior management for additional review.• International work in credit underwriting, capital markets, financial services and government relations. • Specific international projects include creating credit due diligence criteria for a group of developing country banks, writing job descriptions and staffing requirements for a large bank’s home finance subsidiary, designing a primary mortgage market seller/servicer guide for a foreign government and establishing secondary mortgage market trading, hedging and settlement procedures for pension investors in a developing country. • Successfully performed multiple audits of client’s operations and procedures using Generally Accepted Accounting Principles (GAAP) and Generally Accepted Auditing Standards (GAAS).

• Leveraged established relationships to introduce accounts to Mortgage Derivatives and Structured Products.• Successfully placed Wachovia’s first Whole Loan Hybrid ARM transaction.• Introduced 14 new account relationships to the Wachovia Securities Global Rates platform.• Published daily Rate and Volatility Market Update subscribed to by over 400 readers.

• Responsible for GRS loan acquisitions and dispositions for GRS – Residential Mortgage and Whole loan transactions with Insurance Companies, Asset Managers, REITs and Hedge Funds. • Worked in Structured Transactions Group for GMAC-RFC Securities (GRS); The Group is lead contact for all GRS loan acquisitions and dispositions as well as lead on all GRS - Residential Mortgage transactions.• Managed both internal and external deal relationships including: rating agencies, mortgage insurance companies, surety providers, Fannie Mae, Freddie Mac, Ginnie Mae, external legal counsel, internal legal counsel, the GRS Syndicate Desk, RFC Investor Relations, the RFC Dealer Group and institutional mortgage security investors.

Established and maintained very strong working relationships with Wall Street sell-side equity analysts.• Provided lead review of and critique of analysts’ reports and earnings models.• Performed detail review of draft internal and external financial disclosures, identifying unusual results and potential reporting issues for senior management. • Provided regular business and financial reports to buy-side institutional analysts to influence buy/sell decisions on Freddie Mac stock.• Extensively involved in SFAS 133 disclosure development to insure compliance with reporting requirements.• Identified external audience financial and business information needs; proposed and implemented enhancements to investor communication.• Acted as liaison to Freddie Mac NYSE Specialist and Stock Surveillance firms to monitor any unusual activity in Freddie Mac stock for senior management.• Created “Targeted Investor” database and marketing plan resulting in 15% increase in institutional holding and 25% increase in individual holding of Freddie Mac stock.

Bachelor Of Science - Bs, Accounting

Activities and Societies: Omega Psi Phi, Fraternity

M.B.A. - Finance/Capital Markets