Nikki Waller Email and Phone Number

Participated in Credit Process/Target Reviews of select risk elements or procedures within a portfolio, or elements across portfoliosValidated financial information to confirm the credit worthiness of the borrower(s)/guarantor(s) and validity of theloan/credit relationship, in its entiretyValidated selected loan and collateral documentation for adequacy, adherence to loan policyCommunicate and provide feedback to loan officers, underwriters, portfolio managers, analysts, credit administrators and other managementContinuous communication with the Risk and Compliance Department to maintain consistency across the growing footprint with suggested implementation of improvement initiativesFollow-up and report results on outstanding items discovered during reviews

Monitor commercial portfolio to retain a high degree of quality and to maintain a current status, through continuous overview and communication with Relationship Managers and Credit.Work closely with Relationship Managers to obtain current and relevant financial information for new and existing clients; in turn, accurately assess financial positions and identify any potential issues that could become problematicRecommend optimal loan structuring to sales and credit teams, as well as upper managementRisk grade all requests, accuratelyReview appraisals and environmental reports, produce cash flows, debt service analysis and proformas, for variouscommercial requestsComplete annual reviews, renewals and modifications of existing customers, with significant bank exposure, in atimely mannerOrganize and facilitate large projects, within the specific region(s)Managed Central and Eastern NC commercial underwriting departmentQuarterly check-ins with employees in underwriting to provide motivation, encouragement and direction on existingprojects and subsequently yield the most profitable and advantageous results for the client and the bankExpress a high sense of urgency, with every task, and decisiveness for peak efficiency

Managed a portfolio of non-performing commercial assets, while adhering to legal and bank guidelines; prepared and presented diverse restructuring of loans, renewals, modifications and exit strategies of distressed assets to the Director of Special Assets, Committee and Board, for approval; developed, negotiated and executed workout, forbearance and payment collection plans for stressed commercial assets with a focus of minimizing losses to the bank, after review of personal and business financials and appraisals/evaluations; oversaw all legal action associated with credits in assigned portfolio; completed monthly watch list, past due, non-accrual, charge off, problem loan and asset impairment reports; completed quarterly cash flow projections/recovery exercises for specific pools of acquired distressed commercial assets; managed bankruptcies, various foreclosure types, repossessions and recovery actions associated with said assets

Portfolio management of sub and non-performing commercial real estate loans to maximize value and minimize loss of varying asset types throughout the nation, which included proactively restructuring credits to secure collateral and insure repayment; produced forecasts representing optimal loan repayment scenarios for recommendation to senior management and investment partners, in conjunction with in-depth analysis of loans/relationships for the most advantageous disposition strategy; negotiated settlement options with borrowers, through collateral evaluations and loan performance projections; performed due diligence under inflexible time lines on multiple loan pools for purchase.

Underwrote stressed loans for the Special Assets Department, while adhering to FDIC loan loss share guidelines; portofolio management with a focus on workout resolutions of varying loan types; monitored risk ratings and modified when necessary; evaluated collateral and appraisals for loan-to-value guidelines; proper accounting placement of stressed loans; due diligence through analytical support

Business portfolio management with a heavy focus in owner-occupied real estate, A&D and investment properties; credit analysis of commercial loans; completed renewals or modifications for commercial clients; strategized loan accounts to prevent foreclosures; managed past due accounts to remain below 5% of portfolio; successfully worked in tandem with other areas of the bank to include investments and mortgages; assisted management and colleagues with credit analysis of existing and new clients

Analyzed loan requests, modifications and renewals of commercial clients with exposure greater than $1,000,000; prepared memorandums to support structure and approval of loans; performed collateral evaluation, risk assessments and financial statement analysis

Generated new lending and depository relationships, with commercial clients; cold-calling and cross selling efforts throughout the Myrtle Beach, SC area; portfolio management to include renewing and modifying existing loan relationships and collecting past due accounts

Completed Moody's Financial Analyst spreads for northeastern North Carolina for various commercial loan types; attended regular regional loan review meetings with specific responsibilities to monitor risk rating changes and migration, track specific relationship profitability for auditing and compliance purposes

Graduate of the Management Development Program, which encompassed a formal credit analysis curriculum, as well as various seminars in commercial lending, business development techniques and numerous BB&T products