Michael Mazanec Email & Phone Number

Greater St. Louis Area

Supporting the Capital Markets Trade Desk Operations, providing oversight to ensure compliance with regulatory requirements, including Volcker Rule compliance, and corporate operational risk management programs.

Greater St. Louis Area

Direct management of Mortgage loan processing(55 staff/managers) for refinancing of existing mortgage loan portfolio. Provided guidance to Managers and staff in developing efficient skills to achieve maximum production. Collaborated with home office VP’s to meet financial and volume targets. Partnered with Sales managers to drive incoming application volume. Site oversight management of related Closing, Funding, and Underwriting units. • Developed new Processing staff to increase volume from 270 processed loans in March 2013 to 600 by July 2013, during office's first 6 months being open. • Focused on a strong management-to-staff relationship atmosphere in order to foster a sense of teamwork in a newly opened office in which all staff are new to the company. Emphasized collaboration and quality of performance.

St. Louis, Mo Area

Direct the management of fraud prevention support for all facets of loan Origination, Servicing, and Default functions for First Mortgage and Home Equity loan products, guiding the increased role and growth of the department from 12 staff members in 1999 to 50 in 2012.Provide fraud prevention support for Citibank Retail Banking on Unsecured Lines of Credit, Installment Loans, and Student Loans from 1994 through 2006  Established Fraud Risk Policy oversight function to ensure business compliance with corporate, investor, and federal regulatory fraud risk policy requirements, particularly compliance for Suspicious Activity Reporting(SAR) to Financial Crimes Enforcement Network(FinCEN). Established efficient MIS and Strategic Analytic functions to identify trends and key performance indicators. Developed an efficient company-wide fraud referral process to ensure accurate and appropriate reporting of suspected fraud concerns by staff throughout all business departments.  Directed Ethics Compliance program(2003-2007) for mortgage business ethics issues, collaborating with corporate, legal, and business areas for investigation of ethics complaints and incorporating ethics compliance training. Created informative and engaging company-wide fraud detection training programs, including periodic fraud alerts and a monthly fraud newsletter. Provided regular fraud training to company-wide staff, as well as to Federal Law enforcement agencies and Correspondent lender relationships. Fraud loss avoidance totaling $120MM (2012) in prevented mortgage loan applications containing suspected misrepresentation. Increased loan application fraud prevention by 33% annually by implementing analytical fraud strategies through a mix of vendor automated prevention products and internally created proprietary fraud strategies. Achieved $15MM in court ordered restitution awarded through collaboration with Federal Law Enforcement to obtain criminal prosecutions in 2011 and 2012.

Greater St. Louis, Mo Area

 Conducted fraud investigations to provide professional expertise to Citibank loan origination and servicing entities for Home Equity Lines and loans, Unsecured Lines of Credit, and Installment Loans.  Prepared regulatory required Suspicious Activity Reporting, fraud loss financial reports, restitution and recovery communications.  Interacted with Origination and Servicing management groups to provide recommendations for improvement of fraud controls. Created and presented Fraud Detection Training courses for origination and servicing staff.

St. Louis, Mo Area

• Managed Operations functions responsible for expense management and maintenance of REO properties owned by FNMA, FHLMC, and Private Investors.• Ensured that all Agency/Investor guidelines were followed in the preparation of properties to be sold after foreclosure, followed by appropriate accounting of expenses upon final credit loss write off.

Master Of Business Administration (Mba), Business Administration And Management, General

Bse, History Teacher Education

Activities and Societies: Alpha Kappa Lambda Fraternity