Scott S. Email & Phone Number

San Francisco, California, Us

# CRO for the Home Lending Servicing Business

New York, Ny, Us

Leading teams covering Originations, Servicing, Portfolio, Cap Markets, Emerging Risks, Data Execution (for Finance, Forecasting, Modeling, etc.), Data Governance and Controls. $700B+ servicing book and $200B+ investment portfolio.

New York, Ny, Us

New York, Ny, Us

New York, Ny, Us

New York, Ny, Us

Detroit, Mi, Us

# Plan, direct, review, and complete credit risk reviews (aka loan reviews) on behalf of Sr. Management and Board of Directors.# Plan and conduct onsite reviews and credit assessments of the Line of Business and Risk functions.# Portfolios include Mortgage, Retail Auto, Auto Lease, RV, and Business Auto (CSG).# Oversee quarterly continuous monitoring process of consumer portfolios.# Manage and direct a team of risk managers and risk analysts.

Detroit, Mi, Us

# Manage Ally Bank's Portfolio Valuation team.# Model and produce the Allowance for Loan and Lease Losses for Ally Bank's mortgage HFI portfolio ($10B portfolio) and student loan HFI portfolio.# Prepare marks for loans entering Ally Bank's mortgage HFS portfolio. Estimate values for the Bank REO portfolio.# Direct quarterly forecasts and model back tests. Produce monthly and quarterly SOX compliant reporting packages for governance purposes.# Partner with CCAR team to stress test portfolios under various economic scenarios. Produce/present CCAR and DFAST documentation to regulators and senior management.# Work with regulators, including the Federal Reserve, Utah Bank Examiners & the FDIC to ensure transparency in the Allowance for Loan and Lease Loss reserving and CCAR/DFAST processes. # Assist in all internal and external audits of the allowance process including model validation.

Detroit, Mi, Us

# Assist startup Ally Bank in developing appropriate risk management controls (reporting/analytics)# Manage Ally's Mortgage Data and Analytics teams, producing material for external regulators (the FRB and FDIC), as well as internal clients (finance/accounting/risk).# Monitor portfolios for credit risk concerns, escalating issues and recommendations to CRO and business for resolution. # Manage the development of key risk reports directed towards senior management, the board of directors, and company regulators/auditors. # Create executive messaging for reporting produced across the organization. Present findings to board subcommittees.

Charlotte, Nc, Us

# Manage the front end Home Loan Analytics team within Enterprise Credit Risk.# Prepare/distribute findings on 1st Mortgage and Home Equity new origination strategies, manufacturing quality, effectiveness of credit policy changes and recent vintage performance.# Assist in the production of monthly Credit Risk Committee reports, including driving summaries and conclusions based on current BAC Home Loan strategies.# Mentor and train staff.

Us

# Manage the Secondary Marketing Reserve, a $200M SFAS 140 reserve established to offset credit losses. Set accrual rates, test reserve adequacy, prepare/present SOX documentation for senior mgmt review and to internal/external auditors & regulators. Provide litigation support to inside and outside counsel on issues arising from the SMR.# Prepare/distribute monthly loan performance scorecards. Used to rank internal credit personnel, regional CEOs, and counterparties. Results are used to set bonus levels, or terminate poor performers. # Prepare/distribute quarterly production, performance, and profitability trend reporting. Present key findings quarterly to senior management. Provide annual reports to regulators.# Prepare tables for SEC filings including 10-Q, 10-K, and 8-K filings. Prepare earnings call presentation slides related to credit as needed.# Prepare ad-hoc analyses.# Mentor and train staff. Managed an offshore team in India.

Us

# Responsible for Mortgage Bank credit reporting and analytics. Prepared and presented reports and summaries to senior management.# Responsible for new product development, primarily expanding Indymac's product offering to Fannie Mae and Freddie Mac.# Streamlined lending guidelines into a more concise ruleset, enabling Indymac to more effectively market our Prime and Alt-A offering.# Worked closely with sales, marketing, capital markets, investor relations, pricing, product implementation (IT) and others to innovate new ideas, research execution, pricing, competitive advantages, expected performance, expected profitability, forecast sales volume, prepare compelling business plans for management approval, and manage the implementation process. # Actual results were measured against forecasts to determine project success.

Us

# Prepare quarterly subprime performance reports.# Prepare datasets for shared use throughout the department.# Perform necessary ad-hoc projects for management.

Us

# Prepared guideline comparisons for head of guideline management.# Prepared analytics to test viability of new product development releases from a credit performance perspective.# Worked with industry datasets such as LoanPerformance (aka MIC at the time) ABS and MBS loan level data to benchmark expected performance.

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# Contractor assigned by Spherion/RemX to assist in guideline management.

# Contractor assigned by Accountants on Call.# Prepared GL entries on behalf of the Home Video department# Reconciled thousands of departmental purchase orders, invoices, and prepared numerous wire requests each week.

# Work with international distributors and domestic accounts to acquire and resell educational materials in bulk.# Secured and managed financing, managed general ledger, oversaw all A/P and A/R functions. # Risk management including currency exchange rate risk, liquidity risk, and logistical risk.# Managed contract negotiations with international freight forwarders, suppliers, buyers, customs brokers, and other counterparties as necessary.# Managed all IT needs, including developing separate retail and wholesale websites, custom designed databases for inventory and accounting.# Managed warehouse staff and all warehouse activities.