Jeff Kessler Email & Phone Number

Chicago, IL, US

Columbus, Ohio, US

San Jose, CA, US

Oak Brook, US

• Responsibilities include underwriting and managing a portfolio of bridge loans ranging in size from $5 million to $15 million for clients in near-term turnaround situations, start-up entities, and businesses.
• Review business plans submitted by prospective clients to determine if the transaction meets internal credit parameters. Work with business development officers to construct acceptable lending structures.
• On-board new customers with the operations department, set-up collateral reporting procedures, create borrowing base templates, and oversee the opening of deposit/operating accounts.
• Manage a portfolio of asset-based, purchase order, and trade facilities. Monitor client’s financial and collateral performance; amend the loan agreement as situations dictate.
• Collaborate with legal counsel, court appointed receivers, and auctioneers to determine appropriate collection strategies for problem loans.

Minneapolis, MN, US

• Underwriter for new middle market and large corporate transactions. Portfolio manager of asset-based credit facilities with loan hold positions ranging from $15 million to $150 million.
• Underwrite new business transactions by analyzing potential client’s financial and collateral trends, outline potential risks and mitigants, and propose facility terms.
• Coordinate with appraisal firms, audit departments, and legal teams to ensure the accuracy and timeliness of third-party information used in the credit decision process.
• Transition new accounts into the asset-based group and arrange new product set-up with other bank divisions (international, payment processing, treasury management).
• Monitor client’s ongoing financial and collateral performance, meet with customers to discuss future borrowing needs, negotiate amendments to the loan facility as necessary.
• Complete quarterly and annual internal client credit reviews, prepare timely risk rating change reports, keep current on bank compliance requirements (KYC, AML, Flood).

Asset-based portfolio manager for credit facilities up to $25 million. Primary functions in this position were transitioning new customers into the unit, monitoring compliance with the finance agreement, and addressing customer’s cash flow issues.

Managed a portfolio of asset-based transactions ranging in size from $3 million to $25 million. Key responsibilities included overseeing accuracy of client collateral reporting, analyzing financial statements, making daily cash advance decisions, amending the loan agreement as necessary, and presenting quarterly customer performance reviews to senior.

Conducted collateral examinations on prospective asset-based clients and existing customers. Promoted to an account management position after one year with the company. Managed a portfolio of fifteen accounts with an average credit facility size of $3 million.

Developed audit scope and conducted field testing. Exam testing involved all areas of a company’s books and records with emphasis on accounts receivable, inventory and fixed assets.