Sandy Schechter Email & Phone Number

Danbury, CT, US

901 Main Avenue, Norwalk, CT

• Manage internal risk processes for the commercial real estate portfolio. Provide operational assistance to a global team of asset managers including training and analytic support. Participate in quarterly portfolio.
• Assure the accuracy of Probability of Default/Loss Given Default (PD/LGD) rating by analyzing key metrics from source data (i.e. debt service coverage, loan to value, net operating income, cash on cash).
• Support complex Excel model targeted at assessing capital requirements for equity portfolio.
• Maintain training documentation and standard operating procedures and support internal audit reviews.
• Collaborate with IT team to validate and approve quarterly system updates.
• Create quarterly commercial real estate portfolio reports for senior management review.

Danbury, CT

• Researched and analyzed statutes, regulations and case law pertaining to personal property taxes in multiple states. Defend GE Capital Americas tax position while pursuing complex property tax refunds.
• Audit current tax filings to assure accuracy and compliance with local reporting guidelines.
• Prepare the documentation necessary to comply with the requirements of the local refund statutes.
• Establish effective relationships with local tax experts to aid in the resolution of outstanding refunds.
• Participate in testing to insure compliance with Sarbanes-Oxley Act of 2002.
• Create and maintain Support Central databases.

Danbury, CT

• Analyzed complex filing renditions and provided support for the property tax management team. Successfully and accurately filed GE Capital Americas property tax renditions on schedule.
• Interfaced with Customer Service, Operations, and Asset Management regarding property tax compliance matters.
• Worked in a team environment within strict deadlines to ensure the accurate filing of property tax renditions.
• Lead a special project, which entailed the creation of 95 amended returns in 53 jurisdictions.

White Plains, NY

• Managed a small team of professionals in the timely and accurate disbursement of current and delinquent real estate taxes. $100M portfolio encompassed 5,100 properties located in 40 states.
• Established a policy and procedure manual and standardized the property tax approval process which resulted in reduced preparation to approval time from five to two days.
• Interfaced with in-house attorneys and tax office personnel to research local tax laws, violations and property tax delinquencies.
• Developed a property tax database which included real-time interface links to the mortgage servicing system regarding payment status, property value and escrow balance information. Newly created system reduced property.

Orangeburg, NY

• Analyzed credit reports, payment histories, title policies, appraisals, tax returns and documentation pertaining to forbearance agreements and bankruptcies to assess risk, determine credit grade and assign mortgage rate.
• Reviewed packages containing the mortgage, note, HUD-1, GFE, title, appraisal and disclosures prior to closing to assure documentation is accurate and in compliance with federal and state regulations.
• Recruited by Senior Management to research over 400 rejected mortgages from investor due- diligence reviews.
• Reviewed and issued approvals of complex loan packages up to $500K.

Tarrytown, NY

• Analyze customer data and financial documentation to assess credit worthiness and assess risk. Issued conditional approvals to qualified applicants using an automated underwriting program.
• Reviewed appraisals to determine if the value of the subject property was supported.
• Worked cross-functionally to satisfy conditions, prepare closing packages and ensure accurate, timely funding.
• Trained 30 junior team members to analyze financial statements, and interpret credit reports for 1st & 2nd mortgages.
• Received comprehensive training on fraud identification and prevention.
• Attained a level of distinction among corporate management by becoming, within two years, the second most profitable origination branch out of 35 in the country.

Brewster, NY

• Investigated and analyzed financial statements and credit reports submitted by wholesale lenders to interpret financial stability and assess credit risk.
• Provided project support to the Operations Manager in the creation of disclosure and closing packages for 42 states.
• Conducted due diligence reviews of banker portfolios for bulk acquisitions.
• Received recommendation from Mortgage Underwriting Manager for contributions in the area of legal documentation and underwriting procedures.

Elmsford, NY

• Coordinated the timely payment of property taxes and analyzed escrow accounts utilizing Fidelity/MSP software.
• Lead a project that enabled the company to close mortgages with real estate tax escrow.
• Researched and hired legal counsel to provide the software and disclosures required to maintain regulatory compliance.
• Conducted training sessions for 80 mortgage underwriters, processors & sales consultants in the origination of mortgages with escrow accounts.

Elmsford, NY

• Purchased non-conforming residential mortgages from lenders based in 44 states.
• Underwrote loans to verify compliance with regulatory and secondary mortgage guidelines.
• Audited title commitments to confirm a valid lien position.

Certificate, A.B.A. Approved Paralegal Program, 4.0

Study for Paralegal Certification

B.A., Economics, 3.43

Work towards Economics degree and a minor in Business Administration