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.

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.

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.
• 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.