Ken Hedberg

Ken Hedberg Email and Phone Number

Director, Commercial Credit Administration | Credit Risk Management @ BECU
BECU, 12770 Gateway Drive, Tukwila, WA 98168, us
Ken Hedberg's Location
Greater Phoenix Area, United States, United States
Ken Hedberg's Contact Details

Ken Hedberg personal email

n/a
About Ken Hedberg

Accomplished finance professional with over 16 years of experience in risk management, credit analysis/auditing, financial modeling, and credit approval. Proven expertise in developing and implementing policies and guidelines for multi-billion-dollar lending operations. Adept at navigating complex financial markets and legal documentation, ensuring compliance and minimizing risk. I have optimized the profitability of larger loan portfolios, balancing operational efficiency with risk management. My collaborative efforts promoted sustainable business growth and fostered a culture of operational excellence and compliance.

Ken Hedberg's Current Company Details
BECU

Becu

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Director, Commercial Credit Administration | Credit Risk Management
BECU, 12770 Gateway Drive, Tukwila, WA 98168, us
Website:
becu.org
Employees:
1
Ken Hedberg Work Experience Details
  • Becu
    Director, Commercial Credit Administration
    Becu Jun 2023 - Present
    Tukwila, Wa, Us
    Exercises expert judgment in the approval of commercial loans through identification and mitigation of risks with authority of up to $30 million. Developed and implemented policies, guidelines and underwriting standards impacting $3.5 billion commercial lending portfolio. Provides oversight and approval of $101 million Special Assets portfolio. Advises the Executive Management Team and Credit Risk Committee of key industry changes in the Commercial Real Estate industry, while providing detailed risk assessments and market analysis. Assesses ongoing market risk and new market opportunities, including analyzing key market trends and developments then advises management on strategy changes and concentration risk levels. Monitors loan portfolio credit quality and assesses ongoing adequacy of assigned risk ratings. Provides key analytical data and assessment of risk factors for monthly portfolio reports.
  • Western Alliance Bank
    Senior Vice President
    Western Alliance Bank Jan 2020 - Jun 2023
    Phoenix, Arizona, Us
    Led all first line credit activities of the Note Financing national business line to optimize profitability and minimize the risk profile of a loan portfolio totaling $4.6+ billion. Managed 24+ employees to promote operational efficiencies and achieve business objectives, as well as ensured compliance with policies and procedures. Developed relationships through the extension of credit to third-party, non-bank lending companies who originate and/or purchase residential and/or commercial real estate secured loans. Provided expert level advisory guidance in complex, integrated capital solutions for clients with annual revenues up to $1.5 billion. Provided financial performance updates and forecasts to executives for overall bank financial reporting and collaborates with internal risk and compliance to ensure adherence to bank and governmental regulations. Presented financing requests to Senior Management and Loan Committees for approval.
  • Homestreet Bank
    Vice President
    Homestreet Bank Apr 2017 - Jan 2020
    Seattle, Wa, Us
    Optimized marketing, business development, and loan growth through the generation of a profitable residential and commercial real estate portfolio totaling $450+ million for retention or sale in the capital markets. Maximized the department’s expansion into, and operations within, the State of Arizona. Trained and mentored underwriters to ensure consistent compliance with policies and procedures. Exercise expert judgment in credit lending through analyzing and underwriting of credit information pertaining to diverse types of loans then concluding on the appropriateness of the asset quality ratings. Ensure loans are underwritten in accordance with the Company’s high professional standards in compliance with appropriate programmatic regulations and requirements.
  • Homestreet Bank
    Vice President
    Homestreet Bank Oct 2015 - Apr 2017
    Seattle, Wa, Us
    Exercised expert judgment in the extension of credit for residential homebuilder clients through identification of risks and mitigation of risks with credit approval authority of up to $10 million. Supported day to day activities of all underwriting team members while mentoring, training, coaching and providing support to the team throughout the underwriting and credit approval process. Improved operations through process enhancements that contributed to improved profitability and minimized risk profile of overall loan portfolio. Developed and maintaining policies and procedures to ensure the effective delivery of Credit Products for the bank and enhance the overall quality of the Bank’s loan portfolio. Coordinated the growth of relationships in good standing and minimized adversely rated accounts to diminish potential losses through the recommendation of an appropriate course of action.
  • U.S. Bank
    Avp, Relationship Manager
    U.S. Bank Aug 2014 - Oct 2015
    Minneapolis, Mn, Us
    Commercial Real Estate, Affordable Housing Lending Division. Exercised expert judgment in credit lending with approval authority of up to $1 million dollars. Managed Commercial Real Estate client relationships in the affordable housing sector utilizing Low Income Housing Tax Credit financing throughout the Pacific Northwest. Pioneered new product structures and grew revenue by successfully prospecting for new business, as well as retaining and expanding existing customer relationships. Approved loans within assigned limits, managed CRE assets, loans and overall portfolio quality. Acted as a trusted financial advisor and offered financial solutions to aid in the client’s operations. Identified and successfully capitalized on cross-sell opportunities and made appropriate referrals.
  • U.S. Bank
    Assistant Relationship Manager
    U.S. Bank Jun 2012 - Aug 2014
    Minneapolis, Mn, Us
    Commercial Real Estate Division. Exercised expert judgment in credit lending with approval authority of up to $750 thousand dollars. Partnered with Relationship Managers to grow credit and non-credit business with current and prospective clients nationally. Conducted thorough credit analyses including gathering, analyzing and interpreting all types of credit and financial information on existing and prospective customers and portfolios while ensuring adherence to Bank standards. Monitored customer accounts and loan portfolios in order to maximize credit quality and minimize risk and potential loss. Prepared and presented credit reports to Relationship Managers and Loan Approval Committees for use in the making of lending decisions on new, renewal and extension loans. Maintained control over the credit standings of accounts and furnishes information relative to credit inquiries, as appropriate. Identified cross-sell opportunities with customers and make appropriate referrals. Conducted training of current and new employees.
  • U.S. Bank
    Assistant Relationship Manager
    U.S. Bank Dec 2008 - Jun 2012
    Minneapolis, Mn, Us
    Commercial Banking Division. Exercised expert judgment in credit lending with approval authority of up to $750 thousand dollars. Partnered with Relationship Managers to grow credit and non-credit business with current clients and prospects. Conducted credit analyses including gathering, analyzing and interpreting all types of credit information on existing and prospective C&I customers and portfolios. Made recommendations and decisions regarding the extension of credit. Monitor customer accounts and loan portfolios in order to maximize credit quality and minimize risk and potential loss. Prepared and presented credit reports to Relationship Managers and committees for use in the making of lending decisions on new, renewal and extension of loans. Identified cross-sell opportunities with customers and made appropriate referrals. Served as the Development Network President.
  • Gibson Holders
    Development Manager
    Gibson Holders Sep 2006 - Dec 2008
    Pioneered new sales channels and doubled revenue volume. Grow revenue by successfully prospecting for new business while retaining and expanding existing customer relationships. Manage daily operations and diverse staff. Perform inventory, budgeting, general accounting, and purchasing duties. Prepare and present company’s financial performance to President and Vice President. Expand product lines to further accommodate customer evolving needs, including management of custom projects. Supervise and refine functionality of OS-Commerce website, expand Internet presence, and improve Search Engine Optimization. Develop, plan and execute marketing and advertising strategies. Safety committee member.
  • University Of Oregon
    Facility Manager, Student Recreation Center
    University Of Oregon Sep 2001 - Feb 2006
    Eugene, Or, Us

Ken Hedberg Skills

Banking Commercial Banking Credit Credit Analysis Loans Commercial Lending Small Business Lending Credit Risk Portfolio Management Cross Selling Consumer Lending Relationship Management Business Development Employee Training Retail Banking Underwriting Financial Analysis Real Estate Economics Loan Origination Operational Risk Financial Risk Finance Core Banking Construction Loans Real Estate Refinance Lines Of Credit Asset Based Lending Cash Management Commercial Mortgages Payments Treasury Management Financial Services Due Diligence Asset Management Commercial Real Estate

Ken Hedberg Education Details

  • Keller Graduate School Of Management Of Devry University
    Keller Graduate School Of Management Of Devry University
    General
  • University Of Oregon
    University Of Oregon
    Psychology

Frequently Asked Questions about Ken Hedberg

What company does Ken Hedberg work for?

Ken Hedberg works for Becu

What is Ken Hedberg's role at the current company?

Ken Hedberg's current role is Director, Commercial Credit Administration | Credit Risk Management.

What is Ken Hedberg's email address?

Ken Hedberg's email address is ke****@****eet.com

What schools did Ken Hedberg attend?

Ken Hedberg attended Keller Graduate School Of Management Of Devry University, University Of Oregon.

What skills is Ken Hedberg known for?

Ken Hedberg has skills like Banking, Commercial Banking, Credit, Credit Analysis, Loans, Commercial Lending, Small Business Lending, Credit Risk, Portfolio Management, Cross Selling, Consumer Lending, Relationship Management.

Who are Ken Hedberg's colleagues?

Ken Hedberg's colleagues are Jeevanjot Singh, Jennifer Redenbaugh, Jennifer Fancher, Helen Baumgardner, Verleene R., Amanda Johnson, Julie Foster.

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