Sandy Bone Email & Phone Number

Sydney, Australia

Sydney

Reporting to Head of RBWM Risk Main Duties/Responsibilities: Management - DirectConduct performance appraisal for direct reports on a semi annual basisCoach and develop all reporting staff Mentor all credit staffRecruitment of full time and temporary staff Management of 30 staff, Oversight to 45 staff offshoreTechnicalLoan assessment/approval of loans within my delegation of $10mAssess, recommend and prepare submissions to Chief Risk Officer Australia or Regional Office in Hong Kong for loans outside of my delegationDeal structuring with stakeholdersReview declined loans as escalationsReview Policy and recommend change Drive procedural change and create opportunity for streamlining processesInternal & External RelationshipsManage internal relationships with Head of Mortgage product, State Sales Managers for the Retail Network and various Branch ManagersLiaise with Local & Regional offices for Credit related activitiesRegular meetings with senior management, business stakeholders and other interested partiesManage external relationships with Valuers, Mortgage InsurersDiscuss loans with various Relationship Managers & Branch ManagersAchievementsSuccessfully boundary changed the Unsecured Lending verification team in Manila from Banking Operations to Risk and established oversight & governance to their activities. I have provided direction and input to a complete review and re-write of the mortgages credit policy

Sydney

Reported to State Manager Third Party Distribution - RCDMain duties/Responsibilities:Management - Direct Conduct performance appraisals for all reporting staffCoach and develop all reporting staff Mentor all credit staff Recruitment of full time and temporary staff Management of 12 staff Technical Loan assessment/approval of loans within my delegation of $3m Assess and recommend loans outside of my delegation to Executive Manager or General Manager RCD Review loans escalated by staff members & mortgage brokersInternal & External RelationshipsDiscuss loans with external mortgage brokers and internal relationship managersRegular meetings with RCD senior managementAchievementsSuccessfully piloted a ‘Migrant Lending’ proposal that included creating a tailored policy and process.

Sydney

Mortgage Lending• Management of 55 staff, 4 Team Leaders across Mortgages Lending, Mortgages Lending Support and Mortgage Broker Relationship Support• Loan assessment/approval of loans within my delegation of $2m• Assess, recommend and prepare submissions to Risk Management Group for loans outside of my delegation• Deal structuring and reviewing of decline recommendations• Coach and develop all reporting staff• Mentor all credit staff • Recruitment of full time and temporary staff • Drive change within the credit approval process to improve productivity and efficiency• Investigate fraudulent activity and suspected fraudulent activity• Quality assurance of delegated officers• Credit training and coaching of all reporting staff and the wider business• Drive policy and procedural change

Sydney

Investment Lending• Loan assessment/approval of loans within my delegation of $5m• Assess, recommend and prepare submissions to Risk Management Group for loans outside of delegation• Deal structuring and reviewing of decline recommendations• Create a credit policy framework that effectively managed credit risk• Review credit policy in line with market dynamics • Create a quality assurance program for all delegated officers, conduct audits and remediate where necessary• Management of the credit approval process during peak times - June/Nov each year. Lending volumes varied between 2000 applications to 10,000 from year to year and required a forward plan each year. • Recruitment of full time and temporary staff to cater to peak volumes – up to 14 staff for short periods• Drive change within the credit approval process to improve productivity and efficiency• Manage the reconciliations function for the MIL business (pricing and stock holdings)• Manage the compliance function for MIL – oversee the margin call report and make recommendations to force sell• Manage the arrears portfolio for MIL • Make recommendations to sell assets, make decisions to commence litigation, liaise with external solicitors to seek recovery of debts • Make decisions regarding provisioning for bad/doubtful debts• Investigate fraudulent activity and suspected fraudulent activity• Broader management of Credit Risk across operational teams

Perth, Australia

Mortgage Lending• Responsible for day to day management of Perth/Adelaide offices ensuring that service standards are within agreed timeframes• Conduct performance appraisals, coach and develop all reporting staff (varied between 8 and 13 staff)• Identify and implement operations training needs• Loan assessment/approval of loans within delegation• Assess, recommend and prepare submissions to RMD for loans outside of delegation• Deal structuring and reviewing of decline recommendations• Manage 3rd party relationships including valuers, solicitors, mortgage insurers• Managed the Aussie Mortgage Market WA/SA relationship directly, to increase Macquarie Mortgages market share• Manage internal relationships with BDMs and support their external relationships• Regular attendance (monthly) at Mortgage Industry Association Lenders Committee to increase profile of Macquarie Mortgages• Act as liaison point for reporting staff, other Macquarie Bank staff, direct clients and mortgage brokers

• Loan assessment/approval of loans within delegation• Assess, recommend and prepare submissions to Management for loans outside of delegation• Deal structuring and reviewing of decline recommendations

Bachelor Of Arts (B.A.), Politics/Sociology

Education record