Establish and manage the credit review process for a loan and credit guarantee portfolio of approximately $26 billion in assets. Credits are for nuclear, conventional, and renewable energy projects as well as energy efficient automotive manufacturing concerns. Responsible for the credit subsidy re-estimation process for the entire portfolio. Entails valuing the portfolio assets based on the net present value of asset cash flows and the recovery value of the underlying assets. Supervise a team of staff and consultants of approximately 13 professionals.

Proactively engage with deal teams to add value in underwriting, and structuring credit exposures to non-sovereign-guaranteed borrowers in Latin America. Ensure comprehensive borrower financial and feasibility analysis, and acceptability of credits in terms of IDB credit risk appetite. Participate in due diligence including IDB missions. Review legal documentation for structure and risks. Facilitate credits through the credit process including and closing, ensuring that loan submissions properly reflect the credit structure and attendant risks. Manage assigned portfolio for credit risk quality. Do periodic risk ratings. Advise on the handling of problem credits. Developed best practice criteria and credit risk policy for select industries and asset classes.

Managed the Credit Consult (loan workout/asset recovery) and high leveraged corporate debt teams with eight direct reports. Approved new loans, loan loss reserves, and asset write-downs. Developed case management strategies for Credit Consult group; approved all branch-wide case management strategies not under group’s management. Advised on troubled assets. Approved asset management, loss mitigation, and recovery actions branch-wide. Drafted credit policy guidelines for the high yield/high leverage and corporate lending initiative. Drafted credit policy for distressed debt workouts. Participated in DIP financings. Consulted with North America and overseas business units to resolve problem credits. Held individual credit authority. Was a member of the Watch List, Loan Portfolio Review, and Independent Credit Review committees.Managed and restructured credits ranging from $25M to $500M+ in North American and Latin American loan exposures in diverse industries including aerospace, automotive, chemicals, construction, energy, financial services, media, real estate, retail, telecommunications, infrastructure, project and trade finance, both inside and outside bankruptcy. Notable Accomplishments:* Transformed demoralized, underperforming team into motivated, fully engaged high leveraged finance group by incentivizing performance, implementing credit analytical training program, and merging group with loan workout/credit consult team.* Raised standard of loan workout/credit consult group by enhancing team’s knowledge and skill in financial analytics, internal reporting, valuation techniques, risk appreciation, and bankruptcy rules/practice and leading team to provide realistic appreciation of total credit risk.* Established global system to track risk rating and loan classification changes by partnering with Munich headquarters to develop early warning risk methodology and software program.* Developed loan loss reserve methodology and loan review process.

 Recovered 80% of debt by assuming management of exposure, restructuring debt, and selling four Greenfield power plants with ~3,500MW of combined generating capacity. Attained full recovery on Venezuelan oil field-related project finance exposure by assessing risks and evaluating underlying assets. Achieved full recovery and court case dismissal by successfully managing bankruptcy telecommunication case and litigation defense through ongoing litigation analysis and asset evaluation. Delivered ~70% actual recovery in aggregate to bank by managing Enron-related litigation and exposure work-down, selling assets, and settling with two major U.S. banks. Forecasted and warned bank management of Countrywide Mortgage, Bear Stearns, and Lehman Brothers failures months ahead of actual events. Initiated steps to reduce exposure. Established global system to track risk rating and loan classification changes by partnering with Munich headquarters to develop early warning risk methodology and software program. Ensured compliance with Basil regulations by working with Munich to develop loan loss reserve methodology. Aligned branch with both Munich and U.S. regulatory requirements by developing loan classification scheme and portfolio loan review process.

Restructured and recovered bank debt in troubled syndicated and non-syndicated corporate credits and corporate/real estate loan workout credits. Analyzed and assessed credit risk profile of credits including retail, manufacturing, telecommunications, transportation, healthcare, finance, and publishing companies. Evaluated probability and amount of potential loss, developed case management strategy, and worked with financial consultants and crisis managers. Notable Accomplishments: Reduced exposure in 50+ individual credits, while avoiding/minimizing losses through debt restructure and active sell-down initiative to assess all credits and sell loans on secondary market. Acted as agent leading bank group to mitigate losses in complex syndicated credit involving borrower fraud. Mitigated losses on cross-border bankruptcy involving sale of assets in the United States, Canada, and Mexico. Provided expert opinion on top case status, case strategy, and ultimate loss potential for multiple credits.

Vice President and Deputy Credit Manager: Oversaw credit risk underwriting for commercial business loans, real estate loans, and equipment financing. Made joint calls with loan officers and advised on risk assessment and analysis, credit structuring, and negotiation. Oversaw loan documentation. Active in portfolio management and compliance with regulatory requirements. Subsequently launched multi-family and mixed-use commercial property lending initiative. Led team of two direct reports. Held individual credit authority. Served on credit committee. Notable Accomplishments: Worked with loan officers in the analysis, structuring, negotiation, and documentation of business, equipment, and real estate loans. Improved credit quality and reduced default rates. Improved compliance with regulatory audit requirements. Developed and implemented lending standard and risk asset acceptance criteria (RAAC) for new multi-family and mixed-use commercial property lending initiative. Built portfolio of 700+ borrowers with zero losses incurred by employing conservative underwriting practices and focusing financing on real assets and documentation. Established bank’s reputation as reliable, prudent lender with successful internal and regulatory audits concluded with no exceptions.