Kathy Forrest

Kathy Forrest Email and Phone Number

Operational Risk/ Due Diligence Manager AVP
Kathy Forrest's Location
Thurmont, Maryland, United States, United States
About Kathy Forrest

Operational Risk/Due Diligence Manager driving process optimizations and team leadership, with a proven track record of enhancing operational efficiency and customer satisfaction. Our team's diligence has led to surpassing quality targets by 15% and reducing due diligence SLAs from 90 to 30 days, a testament to our commitment to excellence in service and compliance.Leveraging analytical skills and a robust understanding of risk management, I've successfully directed initiatives that resulted in a significant improvement in periodic review completion times, directly impacting client relations positively. As a dedicated relationship builder, I've established strategic partnerships and fostered a collaborative team environment, empowering us to excel in our due diligence and risk management responsibilities.

Kathy Forrest's Current Company Details

Operational Risk/ Due Diligence Manager AVP
Kathy Forrest Work Experience Details
  • Wells Fargo
    Operational Risk/ Due Diligence Manager Avp
    Wells Fargo Nov 2017 - Jul 2023
    United States
    · Directed and mentored a team responsible for executing activities associated with conducting scheduled periodic due diligence reviews and customer maintenance of bank customers’ transactions.· Lead a team of Due Diligence Analysts, ensuring KYC compliance and surpassing quality targets by 15%.· Managed team pipeline to ensure progression through to completion of work assigned.· Directed the pilot of a customer outreach program, significantly improving completion times for periodic reviews and reducing SLA from 90 to 30 -days, elevating operational efficiency and client satisfaction.· Orchestrated and managed the Corporate Due Diligence Investigation quality reviews initiatives, tackling a backlog of 5600 reviews: surpassed target of 50% completion by March 31, 2022, achieving over 65% completion by April 20, 2022.· Executed audits on customer profiles, consistently exceeding performance goals with a 97% success rate.· Piloted and implemented a new source of record program in 2020, overseeing walkthroughs and calls to address bugs; served as a subject matter expert, offering support to teams and management, resulting in the sustained use of the program.· Championed a mentorship-driven leadership style, fostering professional growth and performance enhancement among staff members, which led to 20% of team members securing promotions within Wells Fargo and other prestigious organizations.
  • Wells Fargo
    Consumer Lending Manager
    Wells Fargo Mar 2012 - Nov 2017
    United States
    · Directed the daily operations of the loan underwriting team.· Lead process optimization efforts within the lending division, resulting in a 20% upsurge in loan approvals and a 15% reduction in processing time through fostering cross-functional collaboration between underwriting and processing units.· Mitigated customer complaints, reducing repeat issues by 15%.· Adjusted SLAs for complex loans, significantly reducing default rates.· Initiated a collaborative environment for underwriters, instituting regular peer reviews and knowledge-sharing sessions, which led to a 25% increase in underwriting accuracy.· Completed pipeline reviews with underwriting team to ensure progression through the loan underwriting process.
  • Wells Fargo
    Account Representative
    Wells Fargo Feb 2002 - Mar 2012
    United States
    · Partnered with the loan processing teams, reducing loan processing time by 30% and increasing successful completions by 20%.· Optimized loan progression with underwriting teams, enhancing loan completion turnaround by 25% and boosting client satisfaction by 10%.· Maintained 99% accuracy in transferring customer transaction details.· Conducted pipeline reviews with Loan Officers to ensure efficient loan progression.· Trained in underwriting and closing, improving customer experience during high-volume periods.
  • Wells Fargo
    Loan Processor
    Wells Fargo May 2000 - Feb 2002
    United States

Kathy Forrest Education Details

Frequently Asked Questions about Kathy Forrest

What is Kathy Forrest's role at the current company?

Kathy Forrest's current role is Operational Risk/ Due Diligence Manager AVP.

What schools did Kathy Forrest attend?

Kathy Forrest attended Indian River Community College, Walkersville High School.

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