Thomas Reichelt
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Thomas Reichelt Email & Phone Number

Lending Officer AVP | High Performance Credit Risk Leader | Regulation and Compliance Specialist | Risk Mitigation Expert | Credit Risk Analytics | Senior Credit Underwriter
Location: Medford, New Jersey, United States 2 work roles
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Role
Lending Officer AVP | High Performance Credit Risk Leader | Regulation and Compliance Specialist | Risk Mitigation Expert | Credit Risk Analytics | Senior Credit Underwriter
Location
Medford, New Jersey, United States

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Thomas Reichelt is listed as Lending Officer AVP | High Performance Credit Risk Leader | Regulation and Compliance Specialist | Risk Mitigation Expert | Credit Risk Analytics | Senior Credit Underwriter based in Medford, New Jersey, United States. AeroLeads shows a matched LinkedIn profile for Thomas Reichelt.

Thomas Reichelt previously worked as Credit Lending Officer at Wells Fargo Home Mortgage and Senior Mortgage Underwriter at Phh Mortgage.

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About Thomas Reichelt

Driven by 25 years of outstanding performance in the mortgage and financial services industry, I am Thomas Reichelt, a highly accomplished and detail-oriented Mortgage Lending Officer/Underwriting Leader. With a proven track record of effectively leading large underwriting teams and optimizing operations for increased profitability, I possess a deep understanding of risk assessment, policy development, and strict regulatory compliance.My expertise in formulating and implementing credit underwriting policies nationwide, coupled with exceptional analytical skills in interpreting complex data, has enabled me to consistently deliver exceptional results and resolve intricate underwriting issues. As a collaborative and skilled communicator, I thrive on building and nurturing strong relationships with clients, brokers, and internal stakeholders.Seeking a challenging role as a Credit Risk Officer, I aim to leverage my extensive expertise in mitigating risks, driving organizational growth, and delivering unmatched performance. With a demonstrated ability to work independently and a keen eye for detail, I continuously exceed expectations, meeting deadlines and ensuring data integrity.Certified in VA underwriting and equipped with advanced computer literacy, I harness the power of technology to streamline underwriting processes and optimize efficiency. Proficient in industry-specific software and Microsoft Office Suite, I excel in generating comprehensive reports, crafting financial models, and delivering compelling presentations to stakeholders.My unwavering commitment to excellence and relentless pursuit of success make me a valuable asset in achieving your organization's goals and driving its overall success.Please contact me at (856)367-1644 with any inquiries for Credit or Lending opportunities.

2 roles

Thomas Reichelt work experience

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Credit Lending Officer

Philadelphia, Pennsylvania, United States

• Fostered and maintained relationships with customers, lenders and other third parties.• Thoroughly assessed loan requests and documents to verify accuracy and completeness.• Effectively led and managed a team of 110 indirect reports, resulting in a 15% increase in underwriting efficiency and a 10% reduction in error rates.• Approved complex loans surpassing regional, state, and business unit authority levels.• Mentored and trained junior underwriters, resulting in a 30% improvement in their productivity and a reduction in error rates.• Hired, coached, and developed the credit skills of underwriters, processors, and loan officers.• Monitored and enhanced underwriting teams' performance through mentoring and coaching.• Enforced consistent application of credit policies throughout the underwriting process.

Oct 2008 - Aug 2023

Senior Mortgage Underwriter

Philadelphia, Pennsylvania, United States

• Performed income, credit, and collateral analysis on conforming, non-conforming, and government loans. • Responsible for mentoring Jr. Underwriters. • Exceeded daily quotas to maintain 24hr turnaround times and maintained a 99.7% accuracy rate. • Ensured strict compliance with agency guidelines and product descriptions. • Reviewed in-depth scenarios and recommended the best program available for the customer’s needs. • Key point of contact for Originations, Processors, and National Account Managers. • Represented underwriting department for all systems testing efforts resulting in a 100% agency compliance departmental rate.

Jun 2007 - Sep 2008
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What is Thomas Reichelt's role at their current company?

Thomas Reichelt is listed as Lending Officer AVP | High Performance Credit Risk Leader | Regulation and Compliance Specialist | Risk Mitigation Expert | Credit Risk Analytics | Senior Credit Underwriter.

Where is Thomas Reichelt based?

Thomas Reichelt is based in Medford, New Jersey, United States.

What companies has Thomas Reichelt worked for?

Thomas Reichelt has worked for Wells Fargo Home Mortgage and Phh Mortgage.

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