Summary
Overview
Work History
Education
Skills
Notablepreviousexperience
Languages
Timeline
Generic

Bruce Michael Sanchez

Bloomfield,NJ

Summary

Results-oriented banking and Loan IQ servicing professional with extensive experience in transaction management, loan lifecycle, and commercial loan operations. Skilled in interpreting complex language in syndicated and bilateral credit agreements. Experienced in portfolio servicing, covenant monitoring, and collateral file management. Proficient in LoanIQ, ACBS, Midas, and SharePoint. Fluent in English and Spanish.

Overview

7
7
years of professional experience

Work History

Mortgage Loan Originator

Nationwide Mortgage Bankers, Inc
Union, NJ
02.2023 - Current
  • Prospected and received Leads of prospective new Home Buyers from Realtors, Brokers, and self-Marketing
  • Counseled prospective New Buyers on Financing Options
  • Attended Open Houses with Realtor partners and shared Marketing and Promotional
  • Developed a Book of Business of New Home, Buyers and Refinance Customers leading to 2.5-3mm in Monthly Loan Origination Business

Vice-President, Transaction Management, Banking

Citigroup
New York, New York
05.2022 - 10.2023
  • Company Overview: Capital Markets Advisory Group
  • Contributed to the build and development team to support loan origination and lifecycle management which included large complex syndicated and bilateral loans covering but not limited to corporate, commercial, real estate, structured lending, and trade
  • Participated in Stakeholder discussions regarding Capital Structure, Risk Management and Investment Strategy and exit plans
  • Assist with the creation of processes, standards, procedures, controls, training, and implementation of transaction management
  • Participated in discussions with technology team offering suggestions and opinions for design and implementation of technology including testing and rollout
  • Provide training and support for transaction management staff and business constituents
  • Provided support and resolution to Loan Operations Team in Day-to-Day Loan Servicing Issues when needed which included, Loan Rollovers, Principal Reduction, Amendments, engagements with client in servicing issues
  • Partnered with each of the originating and coverage business lines, credit risk, operations, legal, to ensure a smooth transition of product and service deliverables
  • Ensure that quality of data, controls and processes performed meet internal policies and regulatory requirements/expectations
  • Worked with lines of business, transaction management, and loan operations to define and implement operational metrics and risk and control reviews to ensure all stakeholders have end-to-end transparency
  • Along with Senior Management constantly improved processes, controls, and efficiencies within the group and front to back across loan lifecycle
  • Participate in projects to enhance performance and efficiency
  • Take part in loan remediation and loan system testing / migrations
  • Actively manage and maintain a deal closing pipeline of loan transactions
  • Capital Markets Advisory Group

Loan Originator

Nationwide Mortgage Bankers, Inc
Englewood, NJ
08.2021 - 05.2022
  • Prospected and received Leads of prospective new Home Buyers from Realtors, Brokers, and self-Marketing
  • Counseled prospective New Buyers on Financing Options
  • Attended Open Houses with Realtor partners and shared Marketing and Promotional
  • Developed a Book of Business of New Home, Buyers and Refinance Customers leading to 2.5-3mm in Monthly Loan Origination Business
  • Accessed and reviewed prospective new client credit reports, to determine if client met credit eligibility
  • Analyzed Income documents and customer cash reserves to determine ability to Purchase or for New Loan Terms (Refinance)
  • Partnered with in-house Underwriting, Closing and Processing Teams to resolve issues that arise through the lifecycle of the loan

Reference Rate Transition- Consultant

Barclays Bank
Whippany, NJ
02.2021 - 08.2021
  • Provided Support for US Loan RFR Transition Team for Libor to SOFA Transition
  • Assisted in structuring new Loan Lifecycle procedures to support daily loan servicing events for the US Loan Operation Division
  • Attended Daily Stakeholder Meetings to review project events and Milestones
  • Served as a hands-on lead to Loan Ops Teams member, exhibiting functional and process changes
  • Collaborated with front office, Treasury and UK Loan Servicing teams in a variety of ways, including assisting in the routine operational support along the transaction cycle
  • I participated in LoanIQ UAT and Validation

Loan Administrator-Consultant

Commerzbank
New York, NY
10.2019 - 07.2020
  • Completed quality checks of loan packets, document deficiencies and resolve exceptions with Loan/Relationship Officers
  • Performed loan setups, including Deal and Facility Building in LIQ
  • Monitored Daily WIP for daily servicing events
  • Created and disbursed monthly invoicing and billing for Participants
  • Processed Daily Loan Servicing Events including Rollover’s, Drawdown’s, Principal and Interest Payment application
  • Processed Facility and Deal Terminations as required
  • Processed Letter of Credit Increases, Decreases, Fee payments and Terminations
  • Daily Reconciliation of Borrower’s DDA and Nostro accounts
  • Ensured compliance with loan servicing agreements
  • Interact with Loan Officers and Relationship Managers to ensure quality and timely service
  • Coordinated Closing and funding requirements and Deal Closings with Treasury and other Stakeholders
  • Maintain orderly records and proper audit trails
  • Reconciled settlement accounts (Nostro, DDA and / or Suspense Accounts)
  • Maintained a professional demeanor, worked with other groups to drive solutions
  • Ensured all appropriate legal and regulatory requirements were met and fostered a 'Compliance and due process culture' for Market Operations

Structured Loan Administrator –Consultant

UniCredit Bank
New York, NY
02.2019 - 07.2019
  • Administration of the UniCredit’s NY Syndicated and Bi-Lateral loan portfolio in accordance with documented procedures, processes, compliance, and audit requirements
  • Daily duties included processing a range of loan servicing event types which included (Libor Drawdowns, Rollovers, Paydowns, Amendments, Modifications, Deal and Facility Builds and Termination, L/C Facility servicing and Fee Payment Processing) on the LoanIQ Platform
  • Ensured all loan transactions were correctly administered and properly recorded to minimize financial and regulatory risk to the client and ensure production of accurate reporting
  • Managed internal and external customer correspondence and enquiries effectively and in accordance with current Service Level Agreements, maintaining a close working relationship with internal and external contacts
  • Provided Agency services as Lead Agent to Syndicated members, including Disbursement of Borrower Intent Notices, Covenants Reminders, disbursement of Fee share, etc

Account Executive to Loan Originator

1st Financial, Inc.
Kissimmee, FL
07.2017 - 12.2018
  • Responsible for the Origination of Residential Mortgage Loans
  • Solicited both FHA and Conventional Home Mortgage Lending programs
  • Created and Developed target Marketing campaigns for the Kissimmee office
  • Attended Monthly Sales Meetings
  • Engaged in all State and Federal and Regulatory Training

Loan Review/Loan Administrator – Short Term-Consultant

Raymond James, Wealth Management
New York, NY
07.2017 - 10.2017
  • Supported two Mortgage Loan Officers with processing new and current client applicants of the Wealth Management Division
  • Engaged with many high net and celebrity clients and their representatives to instruct, guide, and educate on the Mortgage Process and available products
  • Conducted phone and face to face interviews with clients and their representatives
  • Collected Income and Asset documentation and other documents required for Approval
  • Issued Collateral Holds on client assets with AUM Team
  • Prepared, Approved and Completed Mortgage Files for Closing

Education

Business Administration - completed college coursework

SUNY Empire College

Business Administration - completed college coursework

Borough of Manhattan Community College

Skills

  • LOANIQ functionality
  • Syndicated Loans
  • Bi-Lateral Loans
  • Credit Agreements
  • ACBS
  • Syndtrak
  • Debt Domain
  • Accounting knowledge
  • Mortgage Loan Servicing
  • Collections
  • Pre-Foreclosure
  • Tax & Escrow servicing
  • Customer direct sales interaction
  • Phone skills
  • Interpreting complex Credit Agreements
  • SAFE ACT
  • RESPA
  • Truth in Lending
  • ECOA
  • BSA/AML
  • US Patriot Act
  • Borrower First-Time Buyer education
  • Home Loan Lifecycle
  • Mortgage Process
  • OFAC
  • KYC
  • Credit evaluation
  • Loan Processing
  • Pipeline Management
  • Loan management
  • Underwriting knowledge
  • Regulatory Compliance

Notablepreviousexperience

  • Deutsche Bank, Loan Operations and Wealth Management
  • Society Generale, Loan Servicing-LOAN IQ
  • Standard Chartered Bank, Loan Servicing-LOAN IQ
  • MUFG, ACBS AND LOAN IQ

Languages

Spanish
Professional

Timeline

Mortgage Loan Originator

Nationwide Mortgage Bankers, Inc
02.2023 - Current

Vice-President, Transaction Management, Banking

Citigroup
05.2022 - 10.2023

Loan Originator

Nationwide Mortgage Bankers, Inc
08.2021 - 05.2022

Reference Rate Transition- Consultant

Barclays Bank
02.2021 - 08.2021

Loan Administrator-Consultant

Commerzbank
10.2019 - 07.2020

Structured Loan Administrator –Consultant

UniCredit Bank
02.2019 - 07.2019

Account Executive to Loan Originator

1st Financial, Inc.
07.2017 - 12.2018

Loan Review/Loan Administrator – Short Term-Consultant

Raymond James, Wealth Management
07.2017 - 10.2017

Business Administration - completed college coursework

SUNY Empire College

Business Administration - completed college coursework

Borough of Manhattan Community College

Similar Profiles

CREATE PROFILE
Bruce Michael Sanchez