Lakeshia Clements Email & Phone Number

Independent consultant creating value for business clients by developing comprehensive business plans with special emphasis on identifying new business opportunities and maximizing client base to improve and increase sales. Recommend strategic alliances with vendors to increase product placement or offer ancillary services to increase overall profitability.

Greater Atlanta Area

• Consultant, Affordable Housing Quality Control Requested to rejoin as consultant to conduct compliance reviews on a $275 Million portfolio of Affordable Housing Projects in a post-funding audit process. Monitored.
• Reduced project review time by 40% (5 days to 3) while improving reporting data accuracy.
• Created executive management briefings. Planned, scheduled and conducted meetings detailing recommendations to credit committee comprised of bank’s senior leaders.
• Evaluated $10 Million in project disbursements ensuring project scope and deadlines were in line with initial applications and complied with program mandates.
• Verified project costs were reasonable according to Bank’s project cost guidelines, and the Affordable Housing Program (AHP) subsidy was necessary for the completion of project.
• Created bi-weekly tracking status reports that outlined compliance to eligibility requirements and funds used in accordance with grant provisions.

• Managed Affordable Housing Program (AHP) disbursements for rental and ownership developments of 100+ accounts in North Carolina, South Carolina, Maryland, Virginia, worked with state housing finance agencies, low.
• Underwrote affordable housing and economic development projects using financial data contained in project proformas and development budgets to make funding recommendations.
• Reduced fund disbursement backlog by 20% in first 30 days by identifying process and review delays, standardizing reports and automating financial analysis.
• Created tracking system and training program for fund requestors that improved documentation submission improving turnaround time by 35-40% increasing total monthly funding for AHP projects.
• Developed action plans to cure deficiencies by communicating with real estate developers, project sponsors and financial institutions leading to a 99% compliance rate on all projects reviewed.
• Wrote and consolidated operating policies and procedures for economic development and housing projects

Greater Atlanta Area

• Led cross functional team to enhance and improve application processing from banks, thrifts, credit unions, insurance companies and housing associates for membership in the Federal Home Loan Bank of Atlanta. Performed.
• Advised and provided status updates on key membership application issues to Federal Housing Finance Board.
• Identified need for a comprehensive marketing document to be distributed to internal and external customers detailing the importance of the application process, the requirements and criteria for approval and worked.
• Assisted Relationship Managers in gathering data and surveying members and prospective members to present strategic alternatives for members regarding funding to meet risk management and/or profit objectives and expand.

Greater Atlanta Area

• Managed financial institution clients with total assets ranging from $5 Million to $ 4Billion. Underwrote credit lines, evaluated financial performance, determined collateral value and created special programs and work.
• Reduced risk profile of portfolio by 30% by proactively managing and monitoring credit lines and collateral values, analyzing performance ratios trends and Tier 1 and Tier 2 capital levels.
• Set credit limits based on financial condition and collateral available.
• Analyzed financial data such as balance sheets, income statements, call reports and Uniform Bank Performance Reports (UBPR) to establish credit limits, monitor the financial condition of banks, and identify.
• Supported marketing and sales by participating in client meetings with senior leaders and executives for prospective and existing clients, explained credit and collateral underwriting policies and identified.
• Conducted system survey, analyzed results and recommended policy and process changes to improve credit and collateral programs.

Began career as a Bank Examiner with FDIC, identifying and evaluating key financial risks, risk management practices and measurement methodologies, and compliance with applicable laws and regulations.