Judy K. Beardslee
Edgewood,FL
Summary
Dedicated consumer lending professional with a history of meeting company goals utilizing consistent and organized practices. Skilled in working under pressure and adapting to new situations and challenges to best enhance the organizational brand.
Overview
31
31
years of professional experience
Work History
Senior Loan Officer/Underwriter NMLS
Credit Union
06.2020 - Current
- Loan promotion assessment and preplanning
- Underwriting all loan requests from all sources
- Participation on Committee to reduce overall credit union expenses and increase income by identifying waste and implementing measures that increase efficiency
- Identifying areas within the LOS (Lending Operation System) that could be enhanced to increase efficiency of managing loan requests in a timelier manner
- Identifying areas to strengthen our ability to perfect liens more timely
- Leading a team of branch loan officers and member service representatives to identify cross-sell opportunities and increase borrowing relationships with members
- Wrote new policy and procedures for Indirect Auto lending
- Reviewed and presented changes for the Business Lending Policy and procedures
- Reviewed and presented changes for the Lending Policy and procedures
Senior Consumer Loan Underwriter
Axiom Bank
, N.A.
01.2017 - 06.2020
- Full underwriting decisions for Conventional, FHA, VA and USDA loan products, manufactured home loans, land and home loans, unsecured and SBA loans
- Loan product development, compliance review, risk assessment, and written policy and procedures for each new product approved to launch
- Maintain and verify all HMDA data is entered correctly to the LAR and uploaded to HMDA software (Quest Soft) and scrubbed for errors to prepare for submission to the CFPB in a timely manner
- Primary contact with Compliance to coordinate audits, provide details and respond to any audit inquiries including internal and regulatory exams
- Participate in Officers’ Credit Committee meetings as a resource for information
- Ensure Underwriting Guidelines are reviewed and updated annually, or as necessary and presented to the credit committee for approval, and subsequently approved by the Board
- Residential Appraisal review and approval authority
- Review, organize and analyze pipeline reporting on all loan requests
- Approves loan fundings when funder unavailable
- Calculates settlement disbursement for all loans funded that may affect restricted accounts
- Calculate settlements against the Restricted Cash Account in coordination with our Partners for early terminated loans or charged off accounts
- Manage the Repossession/Foreclosure process for all three (3) Manufactured Home Vendors, including the final accounting process to ensure our projections for funding the loan loss account are accurate
- Programs core bank system for new loan products, including testing and validation of the products
- Programs the Loan Operation System (LOS) (new system) to ensure rates and terms for products are accurate
- Participates in the annual credit risk review of all loan products
- Maintains a thorough knowledge of, and compliance with, Federal and State banking regulations and adherence with all Bank policies and procedures
- Vendor management; rate updates, and on-going program management, including balancing reserve accounts
- Monitor and report noticeable trends that may impact the performance of the consumer loan portfolio through a postmortem review of charged off loans, performing special assignments and projects as needed.
Underwriter II
Orlando Federal Credit Union
10.2016 - 11.2017
- Responsible for underwriting consumer loan requests, including auto, personal, business and credit card requests, through three different Indirect Lending programs, as well as direct applications from branches
- Review and decision 50-75 applications daily, across all programs
- Effectively decreased turn time to branches, allowing loans to close more quickly
- Increased loan volume in the Indirect Programs to approximately 33% of the overall funded loans credit union wide since January 2017
- Effectively built and maintained new dealer relationships by identifying issues within the indirect programs that prohibited increased volume and growth, corrected issues from underwriting to funding, and increased the Indirect Lending Program volume to an average of $1.5MM/month, creating new membership accounts as well
- Managed saturation of paper with 65% in “A+” and “A” paper, creating a good foundational base for an Indirect Loan portfolio through calculated growth management
- Accomplished bringing a non-existent Indirect Lending program to a healthy, thriving portfolio with the ability to continue increasing market saturation
- Assisted with training front-line processors and managers with underwriting procedures and guidelines, increasing the ability to approve and fund more loans, and identify cross-sell opportunities.
Senior Loan Officer
Gulf States Credit Union
04.2015 - 10.2016
- Responsible for processing and closing all consumer, business, home equity and credit card accounts, including ensuring loan documentation accuracy, perfection of liens, and perfection of mortgage liens
- Charged with the responsibility of processing all Dealer Track applications and managing the pipeline from the Indirect Lending portals
- Daily Credit Card Balancing
- Responsible for all payment deferment requests, member counseling at time of any repossession redemption, as well as making the final determination of collateral liquidation.
Owner/Agent
American Harbor Insurance Agency
10.2009 - 10.2012
- Responsible for start-up Insurance Agency, which included focused market penetration, marketing, and policy retention
- Effectively started agency from scratch and built a solid book of business that included Auto, Home, Life, Health, and Commercial Insurance Policies represented by a variety of insurers, such as Travelers, United Healthcare, Blue Cross, First Family, People’s First, and Citizens Group
- The book of business, 488 policy holders, sold in October 2012.
Vice President/Business Development
Advantage Auto Finders
03.2007 - 06.2009
- Built a base of lenders within the state of Florida to increase market gain in personal auto sales
- Effectively set up partnerships with multiple lenders and increased sales by personally presenting the program and developing relationships with lending groups.
Auto Finance Branch Manager
American General Financial Group
06.2006 - 03.2007
- Managed a branch office to approve and purchase sub-prime Indirect Auto Loans from the Central Florida market area through the Dealer Track system
- Effectively increased and maintained relationships with franchise dealerships, effectively increasing application and funding volume
- Maintained delinquency and charge off ratios within corporate guidelines on a consistent basis and met or exceeded all branch goals during my tenure
- Responsible for management of staff which included a dealer representative, two processors, customer service representative and two collectors
- Achieved all quarterly bonus goals.
Lending/Collection Manager
Central Florida Healthcare Federal Credit Union
01.2001 - 06.2006
- Responsible for the retail Lending and the Collection team for a six-branch credit union, effectively increasing loan production through:
- Direct and Indirect Lending
- Mortgages, first and seconds – including HELOC products
- Marketing research and implementation of changes to enhance efficiency to membership
- Loan portfolio included mortgages, home equity, auto, personal and credit card accounts which were effectively managed to ensure an acceptable delinquency and charge off ratio
- Effectively coached all retail and collection staff on-going
- Developed internal programs for staff to achieve member service excellence and retail goals
- Maintained collateral protection program and back-end product sales
- Title and Lien Department – ensuring all liens were appropriately perfected for all collateralized loans
- Experienced supervision skills afforded the opportunity to lead team members to achieve and exceed goals
- Experience with NCUA exams, Internal Audits and Board reports
- Responsible for portfolio management and projection for loan and lease loss allowance in adherence with recommended guidelines by the credit union’s examiners and auditors.
Financial/Reimbursement Analyst
Florida Hospital
07.2000 - 01.2001
- Responsible for reviewing, auditing, and correcting internal billing errors, re-bills for correct payment from government and third-party payers
- Increased revenue for hospital by identifying missed billing opportunities and increasing reimbursement for services previously rendered
- Developed and maintained good relationships with third party payers, increasing the reimbursement response time
- Identified and changed internal processes to allow for more efficient identification of missed billing opportunities, increasing revenue receipt time.
Money Management Officer
McCoy Federal Credit Union
04.1996 - 05.1999
- Managed a portion of the loan portfolio to ensure delinquency, and charge offs were maintained within acceptable ratio guidelines
- Effectively managed delinquency through exceptional follow-up, professionalism, and identifying the reason for delinquency to assist the member with bringing the account(s) current and maintaining same
- Offered budget and counseling to members to help them regain financial health
- Managed pipeline of repossessed vehicles, disposition of the collateral, and referral of any deficiency balance to the appropriate final resource
- Prepared and recommended charged off items monthly that included a variety of different circumstances, including bankruptcy
- Prepared final accounting for disposition of collateral.
Commercial Credit Manager
Essential Medical Supply
01.1995 - 04.1996
- Responsible for daily credit review for release of orders placed for medical supplies throughout Florida and the Southeast USA
- Maintained accounts receivable, collections, and customer data for all credit customers
- Evaluated all new customers for credit quality and review of financial statements to ensure minimal losses on shipped orders
- Approved or declined new applications, determined credit limit for existing customers
- Maintained inventory records
Collection Manager
Columbia Healthcare Corporation
10.1988 - 12.1995
- Managed a staff of 32 collection representatives who maintained receivables for six hospitals in Florida and South Georgia
- Ensured a consistent review of billings, re-bills, self-pays, and third-party payments to find any missed opportunity for collection
- Effectively implemented a legal program which included suits filed in small claims court throughout Florida and Georgia, as well as referrals and follow up of suits filed in Circuit Civil through the corporation’s legal counsel
- Effectively increased recoveries through management of staff efforts, coaching, acknowledgement and follow through
- Current Certifications/Licenses: NMLS Certification ID# 1736631
- Skills: Extensive consumer underwriting experience, Mortgage underwriting, Credit Analysis, team building, compliance/auditing, BSA, regulatory requirements, including Regulation Z, and TRID experience
- Policy experience, portfolio analysis, and projection of performance
- Microsoft office,
- HMDA Compliance, Quest Soft proficiency, Dealer Track, CRIF, CUDL, and Rate Genius programs.
Education
High School Diploma -
William R Boone High
Orlando, FL05.1984
Skills
- Information Verification
- Customer Relations
- Creditworthiness Determination
- Automated Underwriting Systems
- Application Reviews
- Credit History Review
- Loan Disbursement
- Loan Processing Coordination
- Financial History Analysis
- Collections Proficiency
- Appraisal Compilation
- Loan File Maintenance
- Retail Mortgages
- Client Interviews
- Customer Relationship Management
- Loan Presentation Preparation
- Program Requirements
- Organizational Strengths
- Customer Transactions
- Lender Relationships
- Detailed Analysis
- Anti Money Laundering (AML)
- Underwriting Processes
- Loan Portfolio Monitoring
- Regulatory Disclosure Preparation
- Bank Product Marketing
- NMLS Registration
- 10-Key Data Entry
- Payment Arrangements
- Analytical and Critical Thinking
- Final Reviews
Additional Information
- NMLS Certification ID# 1736631
- Skills: Extensive consumer underwriting experience, Mortgage underwriting, Credit Analysis, team building, compliance/auditing, BSA, regulatory requirements, including Regulation Z, and TRID experience
- Policy experience, portfolio analysis, and projection of performance
- Microsoft office,
- HMDA Compliance, Quest Soft proficiency, Dealer Track, CRIF, CUDL, and Rate Genius programs.
Quote
When people talk, listen completely. Don’t be thinking what you’re going to say. Most people never listen.
Ernest Hemingway
Timeline
Senior Loan Officer/Underwriter NMLS
Credit Union
06.2020 - Current
Senior Consumer Loan Underwriter
Axiom Bank
01.2017 - 06.2020
Underwriter II
Orlando Federal Credit Union
10.2016 - 11.2017
Senior Loan Officer
Gulf States Credit Union
04.2015 - 10.2016
Owner/Agent
American Harbor Insurance Agency
10.2009 - 10.2012
Vice President/Business Development
Advantage Auto Finders
03.2007 - 06.2009
Auto Finance Branch Manager
American General Financial Group
06.2006 - 03.2007
Lending/Collection Manager
Central Florida Healthcare Federal Credit Union
01.2001 - 06.2006
Financial/Reimbursement Analyst
Florida Hospital
07.2000 - 01.2001
Money Management Officer
McCoy Federal Credit Union
04.1996 - 05.1999
Commercial Credit Manager
Essential Medical Supply
01.1995 - 04.1996
Collection Manager
Columbia Healthcare Corporation
10.1988 - 12.1995
High School Diploma -
William R Boone High
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