Nathan B Schmidt Email & Phone Number

United States

New York, Ny, Us

New York City Metropolitan Area

Provide project management and financial services to clients, based on financial and project expertise with institutional knowledge in Risk and Regulatory Reporting, offering financial, accounting, audit and project management services, interviewing subject matter experts, documenting and assessing processes, identifying financial controls, acting as a liaison between lines of business and technology. Reporting and monitoring metrics while documenting all processes and workflows.

New York City Metropolitan Area

New York City Metropolitan Area

Provide project management and financial services to clients, based on financial and project expertise with institutional knowledge in Risk and Regulatory Reporting, offering financial, accounting, audit and project management services, interviewing subject matter experts, documenting and assessing processes, identifying financial controls, acting as a liaison between lines of business and technology. Reporting and monitoring metrics while documenting all processes and workflows. Clients have included The Bank of New York Mellon, Matthews International, Arconic, Mass Mutual, and Covetrus.

Enterprise Risk Architecture

Provided timely information, assessment and analysis to Senior Management, External Regulators (FED, OCC, FDIC,) and the Board of Directors. Responsibilities include the analysis and reporting of Shared National Credits; regulatory reporting including Basel and SEC; credit risk reserves; asset quality and credit risk trends. Liaison between the company and various federal regulators for Shared National Credit reporting and examination, reviewing asset quality information developed by Finance and Credit.Achieved a 40% reduction in Shared National Credit processing by designing, implementing and documenting a new internal application, which also resolved an MRA for SNC.Updated policy & procedures to remain compliant with Federal Regulators, internal audit & SNC. Increased accuracy by 8% for past dues and credit reviews by establishing a new management reporting policy and tracking platform.Boasted productivity by 25% replacing manual process with automated reports for operating results and ad-hoc pricing.Implemented metric reporting system, streamlining financial operational reports for the Corporate, Leasing, Global Banks and Special Asset portfolios.Analyzed quarterly results for Securities & Exchange Commission Form 10Q & 10-K, SNC, Basel & CCAR.Attested to data quality for the commercial loan general ledger, credit risk reserves and corporate regulatory reporting portfolios.Enhanced accuracy and avoided unfavorable variances by updating the metric reporting system and streamlining financial and operational performance reviews.Improved forecasting and trending for Corporate, Leasing, Global Banks, and Special Asset portfolios, while consolidating reporting. Monitored gaps and analysis for SNC, resolved documentation issues and exceptions, escalating variances to management and regulators.Analyzed and attested to asset quality data for the commercial loan general ledger, credit risk reserves and corporate regulatory reporting.

Letters Of Credit - Treasury Services

Oversaw associates while providing; strategic planning, tactical leadership, and change management in the areas of accounting, financial reporting, reconciliation, and accounts receivable/payable, for a multi-national customer customer base. Established challenging expectations, developed policies/procedures, and monitored quality/productivity. Devised strategies to consistently improve processes, support challenging organizational objectives to meet or exceed requirements of service level agreements. Assumed leadership when group was without management and facing a 50% increase in work due to the merger between National City and PNC.Generated savings of 500K by consolidating 3 operations sites, restructuring analyst and leadership team.Saved 800K annually by merging National City Bank’s and PNC’s Risk Purchased Letter of Credit Portfolio.Changed service level agreements for reconciliations from 90 to 30 days re-engineering processes.Reduced audit exceptions to zero, by enforcing OFAC, AML & Sarbanes Oxley (SOX) policy & procedures.Reduced errors from 96.2% correctness to 99.5% by implementing Lean and Six Sigma methodologies.Prepared and developed financial reports, owning team forecasting, budgeting and long-term planning.

Commercial Lending

Responsible for performing a variety of duties to meet the commercial services needs of business customers; achieving customer service goals as established in the Commercial Lending Department's annual operating plan; complying with the operating policies of collateral, special asset, corporate, and small business loans with extensive knowledge of planning, organizing, and directing a wide range of training activities.Implemented a new tracking dashboard, cutting manual data input by 60%.Processed Standby, Risk Purchased, Import and Export Letters of Credit, Bankers Acceptance.Achieved and surpassed service level agreements for Commercial Business Banking.Consolidated collateral portfolios of business banking for mergers and acquisitions.Performed lien perfections, exceptions, research requests for collateral, processed paid loans, and UCC's.Prepared training performance analyses and reports for over 100 associates.Trained associates on Letters of Credit, modifications, renewals, wholesale & small business loan booking.

Residential Lending

Originally hired as a temporary employee, promoted to Loan Coordinator I withing 3 months, maintaining office duties while assuming mortgage processing responsibilities, with accountability for client relationships, loan officer relationships, pipeline which included processing and compiling loan packages.

Bachelor Of Science (B.S.), Business, Minor In Finance And Accounting, 3.61

Business

Business and Finance