Peter Nugent Email & Phone Number

Enlighten Financial, llc, founded in 2008, works with financial institutions to mitigate risk and ensure regulatory compliance by providing Credit Administration Consulting, Commercial Underwriting and Loan Review Services. We work with financial institutions throughout the region, helping them to make the best possible decisions for the organization’s strategic direction.In an industry where big changes happen every day, wouldn’t it be nice to know that someone has your back at all times? The most sound decision isn’t always obvious in the game of finance. That’s why Enlighten Financial has made it our business to shed light on the complex financial landscape, and lead clients in the right direction. We work with our clients to mitigate risk and ensure regulatory compliance.Responsible for all areas of the company, including strategic direction, revenue development, marketing, and branding.

Green Bay, Wisconsin, Us

Board Member and past Board President for On Broadway, Inc., a Wisconsin Main Street Program encouraging economic revitalization to Green Bay's Broadway District.

The Docking Station is Green Bay’s first Coworking space, providing a creative environment for entrepreneurs, consultants, freelancers and other independent professionals to be more productive and have a more positive influence on the community we live in!Responsible for strategic direction, financial reporting, compliance, member development

Alexandria, Va, Us

Worked as part of a local banking team responsible for the successful re-branding the Citizens Bank name in Northeastern Wisconsin.Identified the need for and assisted in the development of a Private Banking division of the Bank. Led the successful effort to roll out the division in the local market.Worked closely with internal and external loan review personnel.Worked as part of a team responsible for establishing and implemented a corporate-wide initiative to improve the tracking of financial covenants and financial statements to improve internal risk identification.Successfully developed a portfolio of business customers ranging from $1 million to $50 million in annual revenues in several industries, with a focus on medical and dental practices. Realized portfolio growth of 48% in 2006, 118% in 2007, and 76% in 2008.Managed a $78 million commercial and private banking loan portfolio.Implemented a process improvement plan for efficient teamwork between the sales force and operations, which resulted in a positive impact on customer experience while reducing overall risk within the portfolio.Provided management and guidance to the Small Business Unit of Northeastern Wisconsin, focusing on relationships under $500,000 in total credit exposure.

Green Bay, Wisconsin, Us

Successfully managed and developed a commercial and private banking portfolio of $45 million and co-managed a portfolio of an additional $50 million. Portfolio consisted of commercial loans, private banking lines of credit, private banking mortgage loans, and other credit facilities to high net worth individuals.Worked as an advisor to business owners, assisting them in meeting their personal and business goals with various banking products and services. Developed relationships with all lines of business within the Bank, and introduced accordingly to the client.Managed a workout portfolio and worked closely with legal council to provide the highest level of protection to the Bank.Initiated a process improvement team to improve efficiencies in the credit underwriting and sales process.Developed a Private Banking Policy and Professional Practice Banking Policy.Worked closely with the Bank’s Wealth Management team in securing new wealth management and brokerage clients.Assisted in the management of the Private Banking Team and implemented a process to reduce administrative past dues, improve the overall sales cycle, and gain a better understanding of client’s needs. The result was the highest-ranking Private Banking team within the bank.

Green Bay, Wisconsin, Us

Analyzed financial statements for current and prospective business banking and private banking clients. Prepared commercial and private banking approval documents to determining credit worthiness.Assisted bankers in the overall management of the commercial banking portfolio.Analyzed a diverse portfolio of relationships with up to $60 million in individual exposure to the bank. Industries included manufacturing companies, service companies, real estate development companies, condominium projects, retail centers, and professional practices.Created a commercial real estate tracking program for the commercial portfolio and presented it quarterly to the Bank’s Board of Directors.Developed a quarterly PECFA tracking report and presented it to the Bank’s Board of Directors.Assisted in OCC, FDIC, FED, and CRA examinations.Implemented an annual review/underwriting process for correspondent bank relationships, which streamlined the approval process and improved risk assessment and analysis for correspondent banks.Conducted loan review visits to correspondent banks