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Business operations and compliance professional with 20+ years of success in buying Mortgage Back Securities while providing risk mitigation and compliance support. Strong expertise in training, process controls, and client support.
Govenors Office Of Budget And Managenemt
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Capital Budget ManagerGovenors Office Of Budget And Managenemt Jul 2023 - PresentSpringfield, Illinois Metropolitan Area
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Business Executive, Vp Wells Fargo Mandatory Trade DeskWells Fargo Aug 2011 - Apr 2023• Reviewed daily model changes, quarterly and annual process flow changes to ensure pricing of mortgage sale transactions stayed compliant and within risk guidelines on $3.5 Trillion of loan sales.• Evaluated change management delivery executions within technology releases, process installations, and bid model updates. Served as team lead in new Correspondent Trade System project which funded $500 Billion loans.• Developed training materials and provided training to over 400 clients and 30 salespeople on technology changes, system, and policy updates. Delivered presentations and training materials to educate active participants in MBS trading market including client training and materials on Hybrid AOT program which was industry first.• Reviewed market/trading data to identify production trends, client behaviors and market volatility.• Collaborated with sales and internal risk partners to ensure that all clients were compliant within established thresholds. -
Mortgage Senior BuyerWells Fargo May 2007 - Aug 2011• Monitored and reacted to MBS market including helping clients manage hedges and pipeline.• Created pricing for loan asset for servicing.• Created loan pricing on offerings up to $6 Billion per day.• Monitored Buyer trading and performance trends for up to 12 buyers to ensure risk and compliance targets were met.• Led new technology mainframe platform release project to allow for accepting $500 billion in committed volume.• Validated that trading platform risk mitigation rules were applying. -
Mandatory BuyerWells Fargo May 2003 - May 2007• Acted as project team lead on systems and process projects. Projects led to two archaic systems to be retired and another system to be modernized.• Created loan pricing on offerings up loan bid tapes. Led team that applied pricing on up to 270 bids per day with as much as$7Billion dollars in single day record.• Evaluated client and product loan sale performance.• Executed flow and bid Correspondent loans sales reaching record highs of $1.6 Billion in one day.• Validated that agency multiples, guarantee fees, and internal Wells pricing components were applied accurately. -
Priceline AnalystWells Fargo Oct 2002 - May 2003• Manage up to thirty employees in fast paced call center operating with over 100 calls in queue.• Completed interviewing, hiring, and annual reviews for employees.• Evaluated and solved escalated client issues and exceptions.• Led the roll out of first online trading system. Led team that worked with technology to help develop, test and validate system which handled up to $20 Billion of loans to be delivered and funded.. -
Priceline AnalystWells Fargo Oct 2000 - Oct 2002• Created pricing on individual Best Effort loans to purchase for servicing along with running various client pricing scenarios.• Assisted with requirement writing and project planning for future online system testing effort.• Created and reviewed exceptions for Correspondent Sales and management.• Evaluated client calls with analysts are part of team lead role.
Scott Schwindt Skills
Scott Schwindt Education Details
Frequently Asked Questions about Scott Schwindt
What company does Scott Schwindt work for?
Scott Schwindt works for Govenors Office Of Budget And Managenemt
What is Scott Schwindt's role at the current company?
Scott Schwindt's current role is Capital Budget Manager.
What is Scott Schwindt's email address?
Scott Schwindt's email address is sc****@****ail.com
What is Scott Schwindt's direct phone number?
Scott Schwindt's direct phone number is +121787*****
What schools did Scott Schwindt attend?
Scott Schwindt attended Butler University.
What skills is Scott Schwindt known for?
Scott Schwindt has skills like Project Teams, Microsoft Office, Microsoft Access, Microsoft Word, System Testing, Secondary Mortgage Market, Microsoft Excel, Risk Management, Mortgage Lending, Contract Management, Change Management, Training Material.
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Scott Schwindt
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Scott Schwindt
Dallas-Fort Worth Metroplex1yahoo.com
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