Kathy Sarrami Email & Phone Number

United States

Greater Los Angeles Area

Hollywood, Ca

Sr. Credit AnalystCountrywide Securities Corporation (2006-2008)Performed in depth research and prepared detailed credit analyses for counterparties including banks, thrifts, securities, etc.; recommended credit limits to the EVP of Credit and assigned credit ratings using internal proprietary credit models; monitored industry trends using a variety of resources such as FDIC, Lexis, etc; approved trades for CSC's bank counterparties; collaberated with EVP of Credit to prepare senior managment presentations for CSC's portfolio of banks

Improved/managed invoice collections for the entire portfoio with balances fluctuating from $500M to $1B; exceeded invoice DSO and % current goals compared to prior years by increasing customer usage of EFT and payment frequency; repsonsible for all phases of credit evaluation and apprpoval, including negotiating with both internal and external customers to establish payment policies and resolve biling issues in order to maintain positive long-term relationships; prepared financial analyses, recommended credit lines, interviewed and visited marginal acounts in an effort to negotiate settlements for deductions and establish future credit limits; prepared monthly cash forecast and asset securitization for Sr. Mgmt.; trained a group of 60 individuals in a revamped credit/collection process in a three-month time-frame

Managed and trained an outsourced group of up to 25 outsourced individuals who were working for Fox collecting and reconciling the A/R which at times exceeded $3B in sales per annum; prepared in-depth financial statement analyses and credit line recommendations for all customer risk categories; medium/high risk accts required significant research, including bank facility/covenants, loan payment schedules, loan officer interviews internal sr. mgmt. discussions, as well as factoring in sales projections and business goals; recommended UCC's, L/C's, deposits on accounts for marginal accounts; acted as liason to Operations, Sales, IT and Fox's external customers regarding various issues; responsible for month-end close, preparation of monthly A/R reserves and licensor statements

Improved DSO by 25% through proactive and effective collection methods which included sales, brokers and operations involvement when necessary; assisted in implemenation of the Divisional Credit Meetings to improve Dole as "One" and leverage the company's position in the food industry; reduced deductions through diligent communication with key sales management, brokers and customers; streamlines monthly reconciliations; recurited, trained and managed a staff of four