Joe Furnari Email & Phone Number

Greater New York City Area

Director (Structured Finance): March 2016 - Present● Leads in drafting credit memos for new transactions and amendments and presents them to senior management● Calculates IRR and determine the relative value of new investment opportunities● Oversees the analysis and structuring of the credit review process and the determination of bond values used in corporate acquisitions● Leads due diligence of asset managers and servicers for the underwriting of new transactions and to… Show more Director (Structured Finance): March 2016 - Present● Leads in drafting credit memos for new transactions and amendments and presents them to senior management● Calculates IRR and determine the relative value of new investment opportunities● Oversees the analysis and structuring of the credit review process and the determination of bond values used in corporate acquisitions● Leads due diligence of asset managers and servicers for the underwriting of new transactions and to provide the Credit Committee with strategic insights● Manages an AVP and VP ● Heads up a new product line in Europe, requiring knowledge of new regulations & marketing to new investors Vice President: March 2010 - March 2016● Performed credit analysis and workout of distressed debt by analyzing cashflows and repayment ability● Partnered with internal and external counsel to negotiate transaction documents, swap confirms, counterparty settlements, and litigation disputes● Determined risk ratings and reserves for transactions in $20 billion managed portfolio, including calculation of default and recovery assumptions and analysis of interest rate hedge● Assisted in the training of junior staff membersAssociate / Assistant Vice President: September 2004 - March 2010● Performed cash-flow modeling in Excel, Intex and Trepp● Developed existing client relations and identified new business opportunities at industry conferences, networking events and referrals● Assisted in the preparation of credit memos for new transactions and amendments Show less

Greater New York City Area

● Led drafting credit screens and credit memos for investments● Monitored portfolio and participate in sell recommendations of existing transactions● Maintained monitoring records and generate monthly and annual reports for key stakeholders

Greater New York City Area

● Contributed to development of ABS Analytics Department through cash-flow modeling of ABS deals● Calculated principal and interest payments and fees for MBS deals that are to be paid to bondholders each month

B.S., Mathematics

Formal Credit Training In Corporate Credit Risk