Patrick Matteson Email & Phone Number

Boston, Ma, Us

Greater Boston Area

Manage a $2 billion structured mortgage finance portfolio. Facilities include standard mortgage warehouse and mortgage servicing rights. Clients include privately held companies, as well as publicly traded companies with capitalizations ranging from $5 million to $1 billion.Helped develop and manage the group’s reverse mortgage platform by underwriting and managing the first two HECM facilities in the SMF Portfolio. Act as the team’s point person for all reverse mortgage initiatives.Successfully led, managed and executed a $90 million wind-down and liquidation of a bankrupt customer’s loan collateral. The bank was paid in full, including default interest, and excess monies were returned back to the bankruptcy estate.Work closely with client Executive Management and internal stakeholders (relationship management, operations, legal, accounting, treasury) in order to deliver service, solutions and products to clients.Developed deep relationships with and Executive Officers and influential decision makers at numerous independently owned and publicly traded mortgage companies throughout the Country.Provide focused Portfolio Management through weekly, monthly and annual monitoring which includes annual renewals, quarterly facility reviews, monitoring of client hedge strategies and overall tracking of customer and portfolio trends.Accurately risk-rate credits, provide thoughtful underwriting and maintain thorough documentation records in order to maintain compliance with regulatory requirements and internal policy/procedure requirements.Accompany relationship managers to site visits. Attend various industry conferences throughout the year in order to strengthen existing relationships, as well as meet new industry stakeholders, including prospects, vendors, auditors and other influential mortgage industry players.

Greater Boston Area

• Conducted analyses such as cash flow, sensitivity, industry and return on capital which were essential in guiding credit decisions made at the Executive level. Commitments ranged from $1 Million to $125 Million. • Obtained and analyzed financial and business information pertaining to customer and prospect loan requests, primarily large Institutional Healthcare clients.• Contributed significantly to group loan decision process based on evaluation of credit risk and other key factors. • Supported commercial banking team and recommended credit solutions that added value to the Customer. • Managed specific credit activities to ensure performance quality, consistency of underwriting and timeliness that exceeded Customer expectations.• Acted as a consultant to business lines regarding credit issues, processes and procedures. • Acted as a resource for business lines and worked with senior management on various issues managing expectations and negotiating timelines. • Partnered with Lending/Credit Officers to address and mitigate potential risks.• Provided value to client meetings by engaging in in-depth discussions regarding financial performance, strategic planning and Industry trends.• Led Ad-Hoc projects geared toward Strategic Initiatives for the Lending team.

• Collected, analyzed, and presented quantitative and qualitative research findings that helped drive the client’s business strategy in expanding its global operations• Conducted a competition and customer analysis, evaluated market patterns and trends, and identified key indicators across internal and external sources that helped generate a forecast model and prepare a final report and presentation to senior management

Franklin, Ma

• Prepared timely and insightful credit analysis applications for a diverse, medium complexity and sophisticated portfolio of commercial & industrial and commercial real estate.• Conducted independent and objective annual reviews of existing loans as well as scheduled and unscheduled loan reviews of the existing portfolio.• Reviewed approval conditions vis-a-vis the loan documentations for existing loans to ensure integrity of the credit process.• Created thorough and concise analyses of the risks and mitigants of pending commercial loan requests by reviewing and analyzing the borrowers’ financial statements, including but not limited to income statements, cash flow statements, balance sheets, tax returns, personal financial statements, real estate and C&I collateral appraisal reports, and environmental assessment reports. • Prepared sensitivity analyses, pro forma cash flows, and assessments of collateral and guarantor financial condition.• Conducted analysis of the market (customers) and industry (competition, suppliers, substitutes, and potential new entrants) and management teams.• Evaluated and opined on appraisals and environmental reports as part of the underwriting analysis.• Accurately assessed the financial position of commercial clients to support the Bank’s credit decisions on credit exposure of varying size, up to its lending limits. This includes providing independent recommendations to credit and lending management on whether to approve or renew loans, modify terms of existing loans, maintain or change risk ratings of existing loans, and otherwise suggesting the appropriate credit action.• Actively participated in ongoing training and development through a combination of the Bank’s formal credit training curriculum, self-study, and self-development.• Assisted with special projects and reporting assignments in Credit Administration.

Mba, Finance, Economics

Activities and Societies: Volunteer: HEC Montreal Sustainability Weekend • Received admission scholarship in recognition of professional.

Bachelor Of Science, Business Administration

Activities and Societies: Intramural Basketball