Michael Pell Email & Phone Number

Oversaw a diverse range of mortgage business operations, including underwriting, riskmanagement, secondary marketing, and servicing. Managed a team of 450, handling assets up to$10B, with annual revenues exceeding $200M and expenses up to $85M.- Centralized mortgage operations across affiliate banks, achieving 35% cost reduction andproduct rationalization, significantly enhancing regulatory compliance.- Spearheaded the transfer and consolidation of mortgage loan servicing… Show more Oversaw a diverse range of mortgage business operations, including underwriting, riskmanagement, secondary marketing, and servicing. Managed a team of 450, handling assets up to$10B, with annual revenues exceeding $200M and expenses up to $85M.- Centralized mortgage operations across affiliate banks, achieving 35% cost reduction andproduct rationalization, significantly enhancing regulatory compliance.- Spearheaded the transfer and consolidation of mortgage loan servicing, reducing cost-per-loan by 50% and cutting in-house staffing by 75%.- Developed and implemented a Bancorp-wide risk management framework and Gatekeeperprogram, earning the highest audit ratings and recognition for technological achievements.- Led a digital transformation in mortgage operation, introducing POS, loan origination (LOS),automated underwriting, and e-close technologies, increasing consumer digital applicationadoption from 0% to 85% within 10 months, doubling production volumes, and significantlyreducing operational costs.- Unified 6 affiliate mortgage channels into a single system, boosting production by 4X andrevenue by 5X while enhancing contribution margins.- Established and led offshore underwriting, quality control, post-closing, and validationprocesses, optimizing operational efficiency and quality, supporting strategic goals foroperational excellence, and increasing profitability. Show less

Salt Lake City Metropolitan Area

Selected for prestigious Executive Development Program. Gained essential insights acrosscorporate sectors, preparing for a leadership role in mortgage operations.- Acquired comprehensive skills across Audit, Regulatory Reporting, and Treasury,culminating in a leadership role pioneering a new mortgage business line.

Las Vegas, Nevada Area

Directed financial operations with a focus on optimizing cash flow, financial performance, and riskmanagement for a community bank with assets size of $4B. Led a team and worked with ExecutiveManagement, crafting financial strategies and innovative reporting mechanisms to enhancebusiness line profitability and corporate decision-making.- Reengineered management information systems to enhance operational efficiency andtimeliness of financial reporting, transitioning to a… Show more Directed financial operations with a focus on optimizing cash flow, financial performance, and riskmanagement for a community bank with assets size of $4B. Led a team and worked with ExecutiveManagement, crafting financial strategies and innovative reporting mechanisms to enhancebusiness line profitability and corporate decision-making.- Reengineered management information systems to enhance operational efficiency andtimeliness of financial reporting, transitioning to a client and officer-centric profitability model.- Introduced advanced real-time profitability and ROE models that reshaped businessstrategy and product development.- Developed a suite of business line reporting tools, influencing key decisions in asset liabilitymanagement and pricing. Show less

Las Vegas, Nevada, United States

Oversaw the implementation of financial policies, budgeting, payroll processing, and thepreparation of financial statements for a $2B asset portfolio. Developed strategic financial initiativesaimed at refining profitability and operational efficiencies across the bank.- Successfully negotiated with C-suite to revise contractual terms with national grocers,significantly enhancing the stability and profitability of retail banking through strategicredirection from traditional… Show more Oversaw the implementation of financial policies, budgeting, payroll processing, and thepreparation of financial statements for a $2B asset portfolio. Developed strategic financial initiativesaimed at refining profitability and operational efficiencies across the bank.- Successfully negotiated with C-suite to revise contractual terms with national grocers,significantly enhancing the stability and profitability of retail banking through strategicredirection from traditional models. Show less

Ba, Finance

Mba

Banking Administration, Graduate School Of Banking