Joe Cavalchire Email & Phone Number

Flemington, Nj, Us

Flemington, Nj

Flemington, Nj

The Peridot Group, LLC is a investment company that seeks to invest in residential and commercial real estate assets primarily in targeted Lehigh Valley markets. A conservative investment approach focuses on assets that are appropriately valued based on historical economics, but provide upside potential in both cash flow and long term appreciation.

Greater Mercer County

Throughout New Jersey

Assist buyers and sellers of residential real estate through a consultative, low pressure approach. Providing education of the home buying or selling process is key to building the trust of clients as well as providing them with class leading access to the industry’s peripheral professionals.

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Working within an existing portfolio, seek additional loan opportunities while performing ongoing due diligence to provide early detection of unmitigated/unacceptable risk. Under supervision of Senior Lending Officer negotiate terms for new loan requests that maximize return while remaining competitive within the market. Provide initial review and recommendation to senior management with regard to opportunities to participate in nationally syndicated loan opportunities. Seek opportunities to build professional reputation and obtain referral business through participation in chamber of commerce events and functions

Responsible for underwriting the Bank’s most complex loans with a concentration in proforma underwriting as well as large nationally syndicated loans. Assist Chief Credit Officer with review of loan proposals, credit policy, and work flow management. Proactively monitor commercial loan portfolio to properly indentify risk and mitigate were possible. Work with Senior Lending Officer to develop yearly loan origination budget, set new work flow processes, review resumes for new analyst/underwriters and develop key management reports. Developed Bank’s MS Excel based commercial loan underwriting platform that, through user input, determines as presented and stressed based scenario calculations for LTV, debt service capacity, and interest rate and revenue sensitivity. Developed a commercial lending production report that determines analyst/lender work load as well as approval and closing rates in both volume and dollars compared to total opportunities originated. Insure that junior analysts/underwriters are properly trained while transitioning from a focus on credit to lending. Meet with new centers of influence to develop both new business and referral sources in order to meet loan origination goals. Assist all lending personnel, when applicable, with loan structuring and pricing. Developed small business training manual for retail Branch Managers as well as conduct onsite training. Remain key contact for Branch Managers with regard to structure and pricing of new commercial loans qualified for small business lending. Selected by Executive Management to assist in the due diligence process for strategic mergers and acquisitions.

Prepare month end reconciliation of collateral for secured loans and lines of credit. Verify sufficient collateral is present to substantiate revolving lines of credit and loans. Create detailed spreads of account receivables, payables, high debtors, and vendors in order to evaluate risk appropriately. Determine ineligible status of accounts on A/R agings. Acclimate new clients to reporting requirements and reconciliation process. Direct communication with clients and officers to discuss month end proof of collateral. Point person for the facilitation of information received electronically. Using in house software, develop templates to extract pertinent information from electronically received data. Manage end user development of tracking and reporting program and aid in creation of business plan to further grow the capabilities of the program as well as develop schematic of program navigation.

Selected as part of a national credit training program of approximately 30 graduating students from the United States and Canada. Analyze credit worthiness for both personal and commercial offerings through use of Equifax, Experian, Trans Union and D & B reports. Determine optimum loan structure to maximize Ford Motor Credit Company and dealer profits while tailoring payments to individual or business capacity. Responsible for loan approval up to $50k per loan and aid in the maintenance of portfolio mix. Conduct investigations to identify possible fraud or misrepresentation on credit applications. Also aid in the field auditing of our dealerships to insure inventory was accounted for as well as managed properly.

Masters Of Business Administration, Finance

Bachelor Of Science In Business Administration, Finance And Marketing