Wanda Rios Email & Phone Number

Corporate & Investment BankingMultifamily CapitalReal Estate Capital Markets

Lay off (takeover of Lehman Brothers Inc.)

Lay off from Lehman Brothers Inc.

commercial mortgage loans totaling $5bb per year for pooling and securitization as part of the legal closing teamActed as sole liaison between outside auditor and internal underwriters; streamlined audit process to help meet securitization deadlinesPerformed final legal signoff on loan fundings, including review of economic terms, sources and uses and wire instructionsInteracted with outside counsel to ensure accurate loan documentationActed as insurance expert; reviewed and negotiated property and liability policies to ensure compliance with program guidelinesAssisted underwriters with questions from rating agencies and investorsAssisted underwriters with loan sizing

Assisted the two Managing Directors who ran the commercial mortgage businessCoordinated all arrangements for industry conferences and client entertainment, including the US Open and firm golf outingsTracked all business related fees/invoices and wires; responsible for journal entries relating to fund transfers during funding of mortgage loansActed as Funding Liaison between Operations and commercial mortgage groupInterviewed, supervised and coached new hires

Monitored third-party loan servicers on a portfolio of more than 200 commercial mortgage loans to ensure borrower compliance with loan obligationsReviewed property and liability insurance coverage; ensured timely payment of tax bills; confirmed and obtained evidence of continuous UCC filings Reviewed loan inspections for accuracy and completeness and informed Investment Officer of any deficienciesReviewed loan maturities and calculated prepayments to ensure proper amounts were collectedAssisted in the maintenance and administration of management reporting database, and assisted Investment Officer in the development of department standard operating proceduresCoordinated and managed the mortgage loan closing process by expediting, distributing and reviewing legal documents, introducing lender's and borrower's outside counsels and apprising staff of progress on each closingSelected and oversaw outside consultants; negotiated consultant contracts; collected and reviewed consultant reports

Performed general secretarial duties for the Senior Vice President of Commercial Real EstateMonitored, recorded and distributed wires and incoming checks from investment partners regarding property disbursements and distributionsDistributed monthly reports to Accounting and Tax DepartmentsMaintained relevant data relating to the firm's real estate investment portfolio

Professional Certificate, Real Estate Finance And Investments

Bachelor Of Business Administration, Marketing And Research/Finance