Scott Combs Email & Phone Number

Des Moines, Ia, Us

New York, Ny, Us

• Ensures all information needed to appropriately decision a loan is obtained. Analyzes and evaluates financial statements and related materials to determine repayment ability. Includes reviewing self-employed, corporate and partnership tax returns, profit and loss, as well as financial statement to determine borrower's income available for debt service while auditing for compliance standards.• Executing an appraisal analysis to determine that acceptable collateral standards are met, while completing the necessary research to determine federal, state and company compliance. • Underwrote Commercial Mortgage applications

San Francisco, California, Us

•Responsible for developing, implementing and monitoring a risk-based program to identify, assess and mitigate any operational risk that arises from inadequate or failed internal processes, people, systems or external events, while maintaining a balance between risk mitigation and operational efficiency•Develops testing strategies and methodologies; evaluates the adequacy and effectiveness of policies, procedures, processes, systems and internal controls; analyzes business and/or systems changes to determine impact; identifies and assesses operational risk issues and assigns risk ratings consistent with established policy standards•Consults risk findings with business units to develop corrective action plans and effectively manage change•Coordinates production of periodic operational risk performance reports for senior management•Conducts reviews of bank customers, related parties, and transactions that present a moderate to high level of complexity and risk to determine appropriateness for Wells Fargo•Conducts comprehensive research or background investigations on individuals, entities, organizations or locations to identify and mitigate associated sanctions, financial crimes, and reputational risks •Reviews and analyzes due diligence data for accuracy •Performs customer screening against various regulatory reporting lists and regionally based Sanctions Watch Lists•Ensures compliance with guidelines set forth in federal/state BSA/AML laws and regulations including the Bank Secrecy Act and various sanctions regulations, and in accordance with policy/procedures set by the bank

Lincolnshire, Illinois, Us

•Performs standard credit and compliance reviews to ensure that the assets our clients are of the highest quality•Performs an audit of all collateral documents to verify accuracy, completeness, proper conveyance and execution.•Performs a forensic due diligence review that covers the following Mortgage areas:Employment and Income Verification, Asset Verification, Verification of Deposits/Assets, Guideline Conformity, Regulatory Compliance, and Valuation Reconciliation

West Des Moines, Ia, Us

• Frontline underwriting origination, conducting credit risk reviews of retail/correspondent/commercial loans and apply needed conditions for mortgage submissions to assure loans meet program/product specifications. • Executing an appraisal analysis to determine that acceptable collateral standards are met, while completing the necessary research to determine federal, state and company compliance. • Communicating credit risk decisions to individuals within the company, correspondents, or borrowers. • Performing due diligence compliance quality reviews, by providing a detailed review of retail and correspondent approved loans, including credit, income, and asset analysis and findings while auditing for compliance standards. • Build and maintain positive relations with all customers, potential customers and co-workers. • Contribute to the fulfillment of department and company objectives and goals. • Comply with all department and company policies, procedures and regulations.• Lead the Mortgage Department in operations overseeing 8-10 employees.

Chicago, Illinois, Us

• Ensures sound lending decisions on Wealth Management Mortgage/Consumer/Commercial direct Loan applications through the review process of analyzing and evaluating income, assets, liabilities, and property, while maintaining designated time frames in accordance with the Bank's Loan Policies.• Conducts credit investigations and analyzes all available credit information pertaining to loan decisions.• Ensures all information needed to appropriately decision a loan is obtained. Analyzes and evaluates financial statements and related materials to determine repayment ability. Includes reviewing self-employed, corporate and partnership tax returns, profit and loss, as well as financial statement to determine borrower's income available for debt service while auditing for compliance standards.• Analyzes applications outside of loan officer's lending limits and routes to appropriate loan personnel for concurrent loan decision.• Underwrites highly complex requests from Wealth Management for Purchase Money First Mortgages, Equity Choice, Equity Loan and Secured/Unsecured lines of credit along with Commercial business. Communicates lending decisions to the Wealth Management Group and staff.• Works with loan originators/processors to create solutions for problems that arise during the loan process.• Led a Team of Mortgage Underwriters (8)

San Francisco, California, Us

•Reviewing, analyzing, approving, and underwriting, complex individual consumer requests and products within company and industry guidelines – FNMA/FHLMC/USDA/VA •Handling escalated files while providing work direction, feedback and training to underwriting staff including mentoring lower level underwriters on credit decisioning, investor policies, legal documents (titles/mortgages) department procedures & compliance audit items. •Maintain and review credit policy guidelines for all lines of business within the Retention/Liquidation platform•Creates/distributes communication emails concerning recent changes and hot topics of concern•Conducts weekly huddles to the entire floor going over initiatives/changes in policies, procedures, and trends •Acts as a liaison with the multiple areas of business within Wells Fargo to maintain Retention/Liquidation flow between them and implementations when changes happened•Preparing formal reports for review while ensuring that documents are consistent and uphold to company and industry guidelines; provides audited performance feedback on less senior underwriters to management•Led a Team of Mortgage Underwriters (15)

San Francisco, California, Us

•Responsible for reviewing and analyzing VA, FHA, Wells Owned/Bank and Private, Home Equity, FNMA, FHLMC, and VA files for Loss Mitigation for Second Level Review (SLR)•Maintain applicable compliance conformity as it relates to data integrity and risk management•Performs as Subject Matter Expert (SME) on policies and procedures for the DSM branch •Assists Lending Manager with daily reports and conducts team meetings, while leading team in production

San Francisco, California, Us

•Responsible for reviewing and analyzing VA, FHA, Wells Owned/Bank and Private, Home Equity, FNMA, FHLMC, and VA files for Loss Mitigation for Second Level Review (SLR)•Maintain applicable compliance conformity as it relates to data integrity and risk management•Performs as Subject Matter Expert (SME) on policies and procedures for the DSM branch •Assists Lending Manager with daily reports and conducts team meetings, while leading team in production.

West Des Moines, Iowa, Us

•Maintain, update and enhance the company’s Anti-Money Laundering policy•Work with various departments and business units to identify suspicious activity •Monitor activity and create reports for the management team and Board of Directors

West Des Moines, Iowa, Us

•Reviewed, analyzed, approved and underwrote large, unusual or complex individual consumer mortgage requests and products within company and industry guidelines•Maintained applicable compliance conformity as it relates to data integrity and risk management•Developed Skills Knowledge of LPS underwriting system

San Francisco, California, Us

•Originated Mortgage loans by making outbound calls with the objective of extending contact to sell new or additional products and/or services to sub-prime customers•Worked from a central platform in coordination with processing and underwriting teams•Sold to prospective customers using pre-established leads or leads sourced by past customers

San Francisco, California, Us

•Developed and maintained ongoing relationships with about 200 mortgage brokers that generated over $5M/month in home equity business •Led the DSM Home Equity Team monthly in production and was in top 25% sales company wide •Underwrote initial file to ensure guidelines were met before it move to the Underwriting dept.

San Francisco, California, Us

•Developed/maintained ongoing sales to 100+ current dealers/vendors of Office Automation & Technology •Solicited new dealers/vendors in this arena to increase market share by 5% and improve profitability by 10%

•Originated, processed ,underwrote, and closed all types of mortgage loans on a 100% commission-only basis with using self-driven leads averaging over $1M in monthly sales •Worked independently to provide the best options to my borrowers by having complete knowledge of over more than 50 different mortgage companies underwriting guidelines while following the particular state’s regulations and maintaining state/federal compliance.•Assisted owner in containing overhead costs while actively persuading other brokers to work to their potentials•Packaged closed loans originated with the company’s bank line to sell on the secondary market

Us

•Underwrote branch loans and managed 8-10 Account Executives in originating loans •Held one on one and team meetings to discuss and increase productivity and minimize conflicts •Recruited potential employees to maximize branch potential

•Originated and underwrote Prime/Sub-Prime Mortgage Loans averaging over $500K/month •Managed 5-10 Account Executives in originating loans with on-going

Us

•Originated and Underwrote over $5M in Mortgage Refinances and Purchases/Year •Trained new employees on mortgage terms/concepts and how to sell to potential borrowers

Us

•Provided 15-20 consumers daily with a variety of home equity loans and personal loans. •Assisted Branch Manager in daily activities of the branch including underwriting loans

Detroit, Mi, Us

Assisted 35-50 customers daily with their automotive concerns with quick, efficient solutions to these problems Retrieved data from a GM Computer to provide customers with information on parts price/availability and service bulletins

Atlanta, Georgia, Us

Maintained an effective and well-rounded inventory of $1M while turning unprofitable store into a profit in 5 months Interviewed, hired, supervised and evaluated a quality staff of 12 sales employees

Bachelor Of Arts Degree, Business Finance

Associate Of Applied Science, Computer Information Systems

Associate Of Science Degree, Business Management

Diploma, General