Jonathan Schaller Email & Phone Number

Texas, United States

Minneapolis, Mn, Us

• Coordinate national audit/compliance activities with state and federal examiners (OCC & SEC) and regulators, including risk ratings, settlements and exam responses. Monitor credit risk on a national basis while overseeing multiple initiatives. Monitor market and concentration risks including exposures by geography, property type, loan type and term. • Implemented a robust internal controls framework to ensure accurate risk ratings, timely upgrades and downgrades, and communicate the fundamentals of loan transparency requirements. Internal and external audits concluded a “strong” risk and control environment for all markets.• Developed and implemented a Quality Assurance (QA)/Quality Control (QC) process structured with risk & issues identification, testing, escalation and reporting. Conduct reviews of regulatory and internal audit issues to identify risk management themes and trends. Facilitate retrospective reviews of risk events including root cause analysis. Developed trend analysis that supports mitigation of new and repeat issues. Developed aggregate reporting related to issues resolution.• Maintain extensive knowledge of internal credit policies and procedures, regulatory compliance policies and procedures, and risk management requirements. Responsible for staff training and development.• Act as a liaison to Credit Risk Review (CRR) for internal and external audits.• Third Party Risk Management and Fourth Party Risk Management for non-recourse Term Loan platform.• Independently designed and developed CRE reporting metrics which monitor risk rating changes, Loan Probability of Default Rating (LPDR) stratifications and macroeconomic trends. Present metrics to Senior Management on a monthly basis as moderator of the CRE National Upgrade/Downgrade meeting.• Independently developed National Transparency Training to communicate the fundamentals of loan transparency requirements. Subject Matter Expert for transparency training.

Minneapolis, Mn, Us

• Monitor credit risk on a national basis through various portfolio analytic techniques including trend, migration, leading indicators & attribution analysis. Monitor market and concentration risk by analyzing geography, property types, loan types, tenant exposures & other concentration trends. Develop a national quality assurance/quality control program by establishing consistency, process & best practices. Coordinate national audit/compliance activities.• Developed & managed a strong risk management and audit readiness framework for four markets within the Midwest Region & the Real Estate Structured Finance (RESF) group. Implemented a robust internal controls framework to ensure Midwest Region & RESF are prepared for internal & external audits in an expanding regulatory environment. Coordinated & moderated Portfolio Risk Management meetings to ensure Midwest Region & RESF maintain accurate risk ratings, manage timely upgrades & downgrades & understand the fundamentals of loan transparency requirements. Internal & external audits concluded a “strong” risk and control environment for all markets.• Relationship Manager & Subject Matter Expert for $1.5 billion Repurchase/Warehouse Facility platform responsible for managing client relationships with a high level of expertise consistent with internal credit policy, governing documents & regulatory guidelines. Responsible for identifying potential revenue opportunities for lending and non-credit products & structuring complex transactions based on underwriting the creditworthiness of clients. Negotiated legal documentation balancing internal interests while mitigating risk exposure to actual or potential litigation. • Independently designed & developed CRE reporting metrics which monitor risk rating changes, Loan Probability of Default (LPDR) stratifications & portfolio macroeconomic statistics. Present to Senior Management bi-weekly as moderator for CRE National Upgrade/Downgrade meeting.

Minneapolis, Mn, Us

Vice President – Senior Product Manager – Global Corporate Trust Services (March 2012 – March 2014)Vice President – Product Manager – Global Corporate Trust Services (March 2009 – March 2012)Assistant Vice President – Relationship Manager – Global Corporate Trust Services (June 2008 – March 2009)Relationship Manager – Global Corporate Trust Services (February 2007 – June 2008)• Relationship Manager & Team Lead (12 associates) for 27 CLOs totaling over $14 billion in Institutional Investor issued Notes backed by Syndicated Bank Loans, CMBS, CDS & CRE securities. Managed highest tier relationships with a high level of expertise consistent with governing documents & regulatory guidelines. Negotiated bank interests and responsibilities while mitigating risk exposure to actual or potential litigation. Partnered with Senior Management to create high level monthly, quarterly & yearly performance metrics for each team member.• Project Manager of the Financial Modeling & Reporting Initiative to improve financial modeling & client deliverables. Identified errors & inefficiencies & established internal controls with quantifiable metrics which resulted in a reduction in division errors & 100% on-time deliverable rate between 2010 through 2013.• Subject Matter Expert for CLOs with regard to Amendments, Bankruptcies, Events of Default, Interpleaders, Investor Disputes, Investor Questions, Liquidations, Note Cancellations & Replacement Collateral/Portfolio Managers. Characterized & testified as an Expert Witness in a number of CLO litigation pursuits.• Selected for key roles in the Leadership Development Initiative to create a career path for 250+ associates. Selected as one of only 40 employees (out of 1,700+ total Corporate Trust employees) to participate in the initiative. • Independently developed & led the University Training Initiative dedicated to engagement & development of more than 500 employees located in Boston, Charlotte, Chicago & Dublin offices.

London, Gb

Vice President - Business Development & Fixed Income Sales (May 2005 to December 2006)Assistant Vice President - Business Development & Fixed Income Sales (March 2004 to May 2005)• Marketed Credit Products of both New Issue and Secondary Fixed Income Corporate Securities including Commercial Paper, Floating-Rate Notes, Fixed-Rate Notes, Preferred Notes, Credit Default Swaps and CDX Indices.• Relationship Manager responsible for marketing Credit Products of New Issue and Secondary Fixed Income Corporate Securities, Asset-Backed Securities, Floating-Rate Notes, Preferred Notes, Single Name Credit Default Swaps and CDX Indices.• Independently designed and developed a proprietary database combining Microsoft Access, Microsoft Excel and Bloomberg functionality and over 25,000 Fixed Income Securities. The database reduced the search time for Business Development & Trading professionals in identifying specific owners of securities. The database was introduced to Senior Management and implemented on a global level.• Independently identified, solicited and executed leads in a geographically defined territory resulting in over 20 new client relationships and created a business plan to monitor results to expand relationships and resulted in production credits exceeding $500,000 in 2005 and $1,500,000 in 2006.• Recommended a variety of strategies including paired trades, curve trades, negative and positive basis trades and outright directional trades to Institutional Investor accounts.• Earned certifications for NASD Series 7 and Series 63.

London, Gb

Senior Associate - Money & Capital Markets (April 2001 to March 2004)Associate - Money & Capital Markets (January 1999 to April 2001)• Product Manager of the $10 billion Short-Term and Co-Manager of the $100 billion Long-Term Capital Markets debt issuance programs comprised of Bank Notes, Commercial Paper, Medium Term Notes and Corporate Bonds balancing cash liquidity through a combination of Domestic and International Institutional Investor relationships, Broker/Dealers and Investment Banks while incorporating available technology to fund in the most cost efficient manner. Results included cost reductions in excess of $5 million from 1999-2003.• Product Manager and Subject Matter Expert of the $3 billion Euro Commercial Paper program, a dynamic, distinctive, cost-effective liquidity source from the European Capital Markets which increased Short-Term borrowing sources by 30%.• Product Manager and Subject Matter Expert of the $1 billion Extendible Commercial Notes program, another dynamic, distinctive cost-effective liquidity source from the U.S. Capital Markets which increased Short-Term borrowing sources by 10%.• Manager of $2 billion International Foreign Exchange hedging program that monitored exposures, executed cash positions and hedging activities within Treasury policies and limits. Monitored eight to ten currency markets utilizing Investment Bank relationships and presented strategies, variances or risks to Senior Management on a monthly basis.• Developed and implemented foreign exchange hedging strategies through Collars, Forwards, Options and Swaps to ensure liquidity and capitalize on foreign exchange rate differentials and views. • Investor Relations Coordinator that conducted meetings, “roadshows” and presentations in both face-to-face and electronic format to discuss company financials, strategies and goals with Institutional Investors, Broker/Dealers, Investment Banks and Rating Agencies to assist in asset and liability funding.

Financial Modeling & Valuation

Mba, Finance

Bba, Finance