Richard H. O'Connell Email & Phone Number

Performs audit reviews for all areas of the bank to ensure compliance with policies, procedures, and regulations. Executing audit procedures to identify any gaps or exceptions in the policies and procedures for each specific area reviewed in the bank.Achievements:• Serves as a resource to the department for information sharing and organizes support conclusions for analysis by department supervisors to be considered for remediation and reporting.• Works under minimal supervision to help meet department goals and timeline requirements.

Performs monthly pre-funding and post-closing quality control reviews of all residential mortgage loans for Fannie Mae compliance, as well as periodic reviews of commercial, investment real estate, and consumer loans for legal, credit, regulatory, and bank policy compliance and lending guidelines. Verifies existence, accuracy, and timeliness of all legal documentation, credit documentation, and regulatory compliance documentation. Independently re-underwrites each loan by analyzing credit documentation, credit report, borrower's debt service ability, and the collateral securing the loan. Communicates exceptions and solicits feedback from functional line management. Documents violations of laws, regulations, and exceptions to policy and recommends corrective actions for senior management.Achievements:• Consistently achieved competency rating of highly effective by meeting goals in areas of compliance, teamwork, and development, and in managing a complete and effective QC program. • Contributed key information to the team to enable prompt corrective action on defects/exceptions found in loan condition, underwriting, loan documentation, and regulatory compliance.• Continually updated quality control program to meet changing Fannie Mae guideline requirements.• Served as a proactive oversight and corrective resource prior to outside examination by the federal OCC (Office of the Comptroller and Currency) and internal audits.

Bayside, Wi

Reviewed loan files for compliance with regulatory requirements, bank policies, and procedures, for Minneapolis-based National Bank Holding company with $12 billion in assets and branches in 5 states. Conducted and participated in loan discussions and prepared examination reports.Achievements • Scheduled and conducted compliance reviews and assisted in maintenance of compliance program.• Oversaw corrective action taken to address deficiencies.• Researched compliance issues and provided interpretations or clarifications to bank staff with assistance from compliance officer, director of compliance, and general counsel.

Milwaukeee, Wi

Responsible for coordinating and assisting in consumer, mortgage and commercial loan portfolio reviews. Responsibilities included evaluating credit risk, policy and loan authority compliance, loan pricing, loan and collateral documentation and loan administration. Conducted and participated in loan discussions with management and preparation of examination reports.

Sioux Falls, South Dakota Area

Responsible for assisting in the examination and supervision of national banks in the Midwestern district in the asset quality, capital management, earnings, and liquidity areas. Responsibilities included collecting, evaluating and analyzing data, evaluating the credit and bank operations areas, participating in loan discussions and preparing report comments.