Carolyn Wright
Ft Worth
Summary
Underwriter with significant experience at US Department of Housing and Urban Development, specializing in risk assessment and regulatory compliance. Demonstrated success in project coordination and financial analysis, effectively managing complex transactions to completion. Skilled in contract negotiation and building collaborative relationships with stakeholders to meet strategic goals.
Overview
23
23
years of professional experience
Work History
Underwriter
US Department of Housing and Urban Development
Fort Worth
10.2016 - Current
- Serve as the principal technical resource staff person for the Branch Chief, to provide advice and guidance on matters pertaining to statutory and regulatory requirements and other administrative directives.
- Assume responsibility for each assigned project’s overall application, processing, construction, closing, management control, coordination and execution in accordance with HUD's published guidelines and guidance.
- Serve as the primary point of contact for projects assigned with senior HUD management, the sponsor, representatives of other Federal, state and local government agencies, and other external organizations.
- Assist and advise lenders and other professionals in structuring transactions so as to meet HUD requirements and Low-Income Housing Tax Credit requirements.
- Oversee third party contract management and assign, review and analyze, coordinate and reconcile third party reports such as appraisals and environmental assessments for complex transactions.
- Conduct site visits with senior staff to include environmental inspection, completes and/or oversees completion of all elements of HUD's financial and underwriting review, for projects requesting FHA mortgage insurance. Identifies and coordinates documentation and other activity needed for closing, including overseeing the preparation and review of documents required for FHA mortgage insurance.
Program Analyst
US Department of Housing and Urban Development
Fort Worth
09.2014 - 10.2016
- Serves as a technical resource staff person for the Multifamily Production Director, to provide advice and guidance on non-complex underwriting matters pertaining to statutory and regulatory requirements and other administrative directives for Housing and Urban Development (HUD).
- Conduct analyses of regulatory and statutory proposals, initiatives, and multifamily housing program proposals submitted for review by outside parties, including use of analytical models to estimate program impacts, and evaluation of projects and initiatives based on sophisticated analytical processes.
- Assist Underwriting staff with assigned projects, overall application, processing, construction, closing, management control, coordination and execution in accordance with HUD’s published guidelines and guidance. Maintains the individual project timelines as they relate to the management plan goals.
- Participates in timeline programming decisions affecting long and short range courses of action for assigned projects.
- Assists and advises lenders and other professionals in structuring transactions so as to meet HUD and FHA financing requirements.
- Serves as a point of contact for projects assigned with senior HUD management, the sponsor, representatives of other Federal, state and local government agencies, and other external organizations.
- Reviews lender’s applications, identifies missing, inaccurate or incomplete documents.
- Assists Underwriter in notifying applicant of additional or revised materials needed, ensures processing timeframe goals are met, including setting dates for and tracking submission of such materials.
- Maintains tracking system for multiple projects currently under review, and takes such action necessary, to ensure HUD’s review deadlines are met for all projects in pipeline.
- Works directly with lenders to schedule concept meetings.
- Serves as the Workload Distribution Lead (WDL), and is the starting point for all HUD concept meetings, new applications, early FHA numbers, and loan committee reviews for the Production Department.
- Receives concept meeting and new applications from lenders throughout Region IV to include nine states.
- Tracks and monitors all work related projects for the production team and helps to assign work to the Underwriter’s, Underwriter Analyst, and Team Chief’s for the Production Department.
- Analyzes the financial projections provided for the project.
- Reviews the projects proposed operating budget and compares individual expenses with applicable HUD database information, local standards, and expenses of other comparable project.
- Complete an analysis of the financial strength of the parties to the transaction through mortgage credit analysis of borrowers, general contractors, and sponsors.
- Assists in presentation to loan committee or senior staff member for approval.
Staff Assistant
U.S. Department of Education/FSA
Dallas
04.2007 - 09.2014
- Provides staff administrative support assistance to the regional office Division Director and/or Team Lead for administrative management services to include HR personnel management, training, fiscal budget, purchasing/procurement and supply management, institutional eligibility actions, space management, travel, records management and telecommunications.
- Researches, analyzes and develops the office supply budget request.
- Provides and interprets administrative budget policies and procedures for all the staff.
- Organizes and develops the long-range planning estimates and provides narrative with justifications and budget expenditures report(s).
- Submits proposed recommendations and/or budget adjustments to accommodate changes occurring in the office.
- Executes financial operating plans and monitors commitments, obligations and expenditures of approved budget.
- Reviews requests for the procurement of specialized items, equipment, extensive technical services and training.
- Department credit card holder responsible for negotiating and securing procurement of supplies, equipment, services, mail, and telecommunications services based upon available funds and program needs.
- Monitors and balances the supply budget monthly ensuring that the government credit card was reconciled monthly.
- Responsible for end of year budget reconciliation and closeout.
- Arranges for meetings and conferences, assembling background material and processing purchase order/documents.
- Prepares solicitation/amendment documents incorporating provisions such as cost accounting standards, cost or pricing data, special testing requirements, Government furnished property, and payment provisions as required.
- Responsible for contract management during end of fiscal year closeout.
- Oversees the accurate and timely preparation and completion of T&A reports by the staff.
- Performs the full range of recruitment and placement activities in support of management’s goal to identify, attract, and retain a high quality and diverse workforce that is capable of accomplishing the agency’s mission.
- Prepares Federal Student Aid (FSA) procedures for processing and identifies training needs in this area.
Supervisory Transportation Security Officer
Transportation Security Administration TSA
Ft Worth
09.2002 - 04.2007
- Functions as a level 1 Supervisory TSA Officer responsible for supervising 12 personnel performing pre-board security screening of persons and their carry-on checked baggage.
- Representing the team in dealings with the supervisor or manager for the purpose of obtaining resources and securing needed information or decisions from the supervisor on major work problems and issues that arise.
- Inputting time and attendance sheets, approving overtime requests, leave approvals and following up on all HR personnel issues.
- Resolving simple, informal complaints of employees and refers others, such as formal grievance and appeals, to the supervisor or an appropriate management official.
- Interceding with the supervisor on behalf of the team to inform the supervisor of performance management issues/problems and to recommend/requests related actions, such as: assignments, reassignments, promotions, and tour duty changes, peer reviews and performance appraisals.
Education
Master's Degree - Acquisition and Procurement Management
Webster University
Saint Louis, MO, United States03.2016
Bachelor's Degree - Business Management
University of Phoenix
Phoenix, AZ, United States12.2009
Skills
- Risk assessment and management
- Financial analysis and reporting
- Regulatory compliance
- Contract negotiation
- Project coordination and oversight
- Policy interpretation
Desired Locations
- TX, Fort Worth, United States
- TX, Dallas, United States
Job Related Training
- 2 Months Underwriting training during transformation, 2014-01-01
- MBA Multifamily and Valuation course completed, 2016-07-01
Availability
Permanent, Telework, Full-Time
Personal Information
Availability: Permanent, Telework, United States - TX - Fort Worth, United States - TX - Dallas
References
- Priscilla Alonzo, U.S. Department of HUD-Multifamily, Program Assistant, 6828020257, priscilla.a.alonzo@hud.gov
- Tiffoney Pierre, U.S. Department of Housing and Urban Development (HUD), Underwriter, 8179785636, tiffoney.a.pierre@hud.gov
- Sheree Porter, U.S. Department of Education/FSA, Institutional Review Specialist, 4699510602, Sheree.porter@ed.gov
References
References available upon request.
Timeline
Underwriter
US Department of Housing and Urban Development
10.2016 - Current
Program Analyst
US Department of Housing and Urban Development
09.2014 - 10.2016
Staff Assistant
U.S. Department of Education/FSA
04.2007 - 09.2014
Supervisory Transportation Security Officer
Transportation Security Administration TSA
09.2002 - 04.2007
Master's Degree - Acquisition and Procurement Management
Webster University
Bachelor's Degree - Business Management
University of Phoenix
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