Thomas Contois Email & Phone Number

Westerly, Rhode Island

Risk management and commercial loan workout.

Providence, Rhode Island

Recruited by Managing Director to manage the note sale process for distressed commercial loans and was successful in a five-fold increase in volume during the last recession without adding to staff.• Exposure to large corporate and commercial credit, leveraged loans, and capital markets. • Conducted basic credit analysis in the assessment of asset valuation.• Completed collateral assessments independently and in collaboration with other departments.• Utilized cash flow projections and models to establish enterprise valuation.• Establish price expectations with loan and credit officers.• Review legal documentation for loan assignability, confidentiality, and litigation issues.• Prepare offering memorandums through MS Office products including Word, Excel and the bank’s proprietary technology. • Annual asset sales volume over one billion with five billion sold in 2010.• Vet and approve investors and ensure timely and accurate loan closing to effectuate the sale; including review of loan and closing legal documents.• Prepare quarterly and annual note sale reports and all ad hoc reports via Excel and Access. • Established departmental procedures for compliance with Sarbanes-Oxley regulations.

Providence, Rhode Island

Treasury product underwriting across all industries and marketplaces. • Spearheaded a project to prioritize underwriting requests and manage production goals.• Successful in a high volume-speed to revenue underwriting function.• Underwrote to a broad spectrum of industries, deal sizes and various treasury credit products.• Strong credit analytics including proficiency in cash flow analysis and projections.• Underwrote and risk rated credit in adherence to credit policies and procedures.• Maintaining overall credit quality and being a credit resource for the market teams.

Providence, Rhode Island

National specialized lender of precious metals consignment and industry specific credit facilities.• Grew my loan portfolio by 22% to 25 +/- loans with credit commitment of $120MM with an average outstanding loan balance of $90MM. • Responsible for client retention, cross-selling, revenue growth, prospecting, and credit quality. • Considerable U.S. travel required for client visits, examinations and trade meetings. • Manage the day-to-day credit process to underwrite, prepare loan proposals, deal structure, and document loan closings. • Interface with portfolio managers, credit officers, and loan administrators on a day-to-day basis while adhering to commercial credit policies and procedures, and regulatory requirements.

Providence, Ri And Boston, Ma

Review risks (credit, operational and reputation) within the bank in accordance with policies. • Assess asset quality and credit process effectiveness on loan and portfolio levels for a variety of business lines including; corporate and commercial lending, leveraged finance, asset-based loans, leasing, municipal credit, investment banking, private bank, and treasury. • Review loan structure, quality of underwriting, key risks, and the overall credit decision.• Opine on assigned risk rating, compliance with credit policies, and management practices.• Risk-based approach to evaluate the review findings and prepare written reports for executive management and regulators highlighting weaknesses, concerns, and emerging trends. • Participate in a liaison role for functional business lines for risk management.

Providence, Rhode Island

Manage a discrete portfolio of substandard commercial loans. • Proactively manage a large portfolio of distressed commercial loans in a broad spectrum of industries with varying multi-million dollar book balances. • Develop strategies to either "stay" with a credit through remediation or "exit" through liquidation (or note sale) by analyzing the credit deficiencies, timeline to a resolution, loan valuation, and the cost of carry.• Loans types serviced include unsecure, asset based, lines of credit, term loans, SBA loans, and commercial real estate. • Perform routine enterprise, appraisal, collateral, net present valuation, legal, and field examination review analysis as part of the ordinary administration of the portfolio. • Prepare reports on non-performing assets, assign risk ratings, forecast and establish loan loss reserves, underwrite for loan modification, restructure, and other credit actions.