Michael Burak Email & Phone Number

Westlake Village, California, Us

-Product Owner for building balance sheet reporting with Tableau to manage loan inventory. Work closely with technical teams to analyze and implement data and reporting requirements collaborating with Credit Risk, Accounting, Loan Originations, Servicing and Capital Markets Technology.-Loan Pooling Controls owner. Partnered with Enterprise Data Management to design and implement data quality controls to identify issues impacting daily loan pooling. Monitor regularly and coordinate remediation of defects.-Data Issue Project Manager for Fannie Mae and Freddie Mac Uniform Loan Delivery Dataset (ULDD) and GNMA GinnieNET for loan deliveries using JIRA to coordinate with Loan Origination systems, technology, and Credit Risk to identify, analyze, and remediate data quality issues.

Westlake Village, California, Us

Agile Product Owner of Business Rules for launch of an in-house Correspondent Mortgage Origination System. Managed product plan and features to implement over 1,000 business rules for loan eligibility, data quality, credit quality, and compliance. Used Redhat Business Central to author Drools rules, create test scenarios, and maintain the data model. Worked with business and developers to define requirements in JIRA stories. Responsible for sprint planning, backlog grooming and release management including UAT with onshore and offshore testing groups. Trained and empowered a team of business analysts to analyze and implement changes and to test rule releases including QA testing with Postman.

Westlake Village, California, Us

Launched the company's first End-User Computing (Complex Spreadsheets) governance policy from creating requirements to implementing the policy with leaders across various lines of businesses.Worked with executive management to conduct Risk Assessments for the ALCO, Investment and Capital Committees. Compiled presentations for the ALCO, Investment and Capital committee meetings.

Los Angeles, California, Us

Supported Capital Markets pricing on $1 billion annual originations of Residential Non-Qualified Mortgage (non-QM) Jumbos using return on equity (ROE).Compiled competitive pricing for deposits and recommended campaign that yielded over $300 million in new deposits. Built Excel models to price loan exceptions including the relationship value of deposits. Developed daily reporting prototype with Microsoft SQL via Excel to track rate-locks/fundings of Non-QM mortgages and led project to migrate to Microsoft Reporting Services.

Charlotte, Nc, Us

Led team to design and implement a credit card direct mail campaign business intelligence tool to track actuals versus expectations. Connected valuation data from finance with modeling data, vendor campaign data, and internal servicing information with goal to improve profitability by analyzing variances from projections and to refine modeling and valuations assumptions used in the underlying campaigns.

Charlotte, Nc, Us

Bank of America Mortgage and Home Equity lead for the CCAR FR Y-9YC 14M monthly submission of 12 millions loans to Black Knight (LPS) and the Federal Reserve Bank (FRB) used for capital adequacy monitoring and stress testing. Responsible to interpret FRB specifications and to drive sourcing methodology from multiple mortgage servicing and accounting systems. Helped design and implement distributed data collection process with SQL database environment including reconciliation process.To remediate Matters Requiring Attention (MRA) issued by the Office of the Comptroller (OCC), led team of analysts working with business to create exposure reporting on $100 billion portfolio of HELOCs where customers were reaching the end of their draw period. Led reporting team to produce originations and portfolio reporting for Mortgage and Home Equity used in the Line of Business in Consumer Markets as well as Credit Risk Management, Finance, Servicing, and Accounting departments. Deep experience with data quality including data profiling, root cause analysis, tracking and data remediation. In 2014 won the prestigious Bank of America Global Volunteer Award given out annually only to 20 winners from across the 250K associates worldwide.Designed and implemented Mortgage Originations and Portfolio Reporting Packages. Created Portfolio Segmentations by Product, MSA and Risk Type to track payoffs, delinquencies, foreclosures, defaults and modifications.

Bse, Computer Science

Master Of Business Administration - Mba, Finance And Marketing