Cesar Herrera-Reyes
Rosemount,MN
Summary
To obtain a position within a company with advancement opportunities, that will allow me to increase my experience and knowledge and that highlights my leadership skills and ability to build relationships Goal-oriented Team Manager dedicated to meeting team performance objectives and achieving set targets. Offering 20+ years of extensive leadership experience in the Underwriting industry. Committed individual well-versed in providing thorough training, setting team goals and developing innovative strategies. Superb oral and written communication skills paired with excellent time management and leadership abilities.
Overview
21
21
years of professional experience
Work History
Team Manager WCCS Hail Reconciliation Unit
State Farm
11.2023 - Current
- Enhanced team productivity by implementing efficient claim task delegation and time management strategies.
- Boosted employee satisfaction through regular performance reviews, constructive feedback, and personal development plans.
- Streamlined communication channels for increased efficiency in claim execution and decision-making processes.
- Collaborated with cross-functional departments to drive cohesive efforts towards common goals and objectives.
- Improved overall team morale with effective motivational techniques like reward programs, recognition events, and transparent communication practices.
- Ensured compliance with company policies as well as state and industry regulations through diligent oversight of daily operations and staff adherence to guidelines.
- Delivered regular team meetings for aligned work towards common goals.
- Developed performance measurement strategies, identifying areas for improvement.
- Evaluated employee performance and conveyed constructive feedback to improve skills.
Sr,Underwiter/Operations Manager
Amerisave Wholesale / AWMS
01.2020 - 10.2022
- Effectively communicating with team members at all levels to improve staff performance and morale
- Identify and analyze any potential project risks and develops effective risk mitigation plans to eliminate or minimize risk
- Maintained up to date on business operations as well as positive and negative impacts
- Responsible for lending functions, which also includes sales, Underwriting, Funding, processing and closing
- Responsible for maintaining the loan package from the initial application through completion of the total loan package, to include monitoring all activities (e.g., appraisal, credit report & document preparation)
- Ensured Serviced Level Agreements withing the organization were held to a high standard
- Assigned to mentor and coach 15 junior level Underwriters in various system issues as well as underwriting guidelines
- Able to maintain the highest production level within the organization while coaching and mentoring junior level Underwriters and worked on obtaining FHA designation
- Weekly/daily calls with staff as well as broker partners to go over repetitive conditions, address any issues staff may have noticed, discuss ideas or solutions that could help the process
- Helped the organization with establishing a new software and loan origination system.
Consumer Loan Underwriter 4
Wells Fargo Mortgage
01.2010 - 01.2020
- Recently joined the Correspondent team as a 4P underwriter with lending authority of up to 2MM
- Worked as mentor and subject matter expert for less experience underwriters during our transition over to the Correspondent department
- Able to reach production goal during the 1st month of working for the Correspondent department
- And has exceed goal each month since joining Underwriter V-5p+/MEA, lending authority $2M
- Acted team lead for the last 3+ years during management absence, overlooking a team of 12-16 mortgage underwriters
- Ranked 3rd in the nation for total production points for 2015
- Mastered cash flow income calculation for self-employed customers
- 4P+/MEA exception authority for supporting LTV/CLTV, DTI, Fico and Post Closing Liquidity exceptions for all Non-Conforming programs
- Graduated from Wells Fargo & Co
- Accelerated Leadership Program as December of 2016, 12 month program designed to increase my management skills
- Supported Distributed Retail previously on purchases, refinances, complex transactions, complex tax/income doc review, assisting less experience underwriters on a daily basis, working with field representatives ( Loan Officers) on loan restructuring and loan submission
- Leads the team as a seasoned underwriter a SME
- Coach and mentor new, less experience underwriter and loan processors on underwriting guidelines, processes, Harp guidelines, conventional loan guidelines.
Senior Underwriter
Chase Mortgage
01.2008 - 01.2010
- Review of complex tax returns, financial statements, assets, appraisals
- Review, underwrite and examine to ensure quality, compliance and business value with Chase and investor guidelines
- Lending authority up to $650,000.00
- Identify and recommend alternatives regarding loan structure and refinance solutions, coach field personnel and retail officers on technical underwriting issues, problems, questions
- Approve or decline counter offer exceptions based on risk, obtain risk based pricing for the Exception from Secondary Marketing ensuring salability
- Review of new HARP loan request as well as expanded loan limits under new and revised Guidelines for jumbo loan limits.
Underwriter III- Structure Loan Desk
Countrywide Home Loans
01.2005 - 01.2007
- Analyze complex tax returns, income documents, asset statements to meet required Guidelines
- Analyze credit risk for Conforming and Non-Conforming exceptions for approval/decline
- Identify and recommend alternatives regarding loan structure and refinancing solutions
- Coach Field personnel and retail officers on technical underwriting issues, problems, Questions
- Review and analyze special conditions, loan deficiencies, and loan compensating factors for Possible Secondary Marketing approval
- Stay current on lending programs, underwriting guidelines, and technology training to Provide solutions and assist our retail partners to obtain customer satisfaction.
Sr Underwriter
Bank of America
01.2003 - 01.2005
- Review and approve 1st mortgages loans and refinances
- Lending authority up to 500k
- Income, title, appraisal and verifications review and approval as well as LTV and DTI exceptions within policy guidelines
- LPS knowledge
- Analyze and evaluate the risk of residential mortgage borrowers while adhering to company guidelines.
Education
Business Finance -
Phoenix College
01.2004
Marketing -
UAC
01.1994
Skills
- Bilingual (English-Spanish)
- Active Listening
- Problem Solving
- Goal Setting
- Team Building
- Conflict Resolution
- Risk Management
- Decision Making
- Training and Development
- Time Management
- Staff Development
- Critical Thinking
Timeline
Team Manager WCCS Hail Reconciliation Unit
State Farm
11.2023 - Current
Sr,Underwiter/Operations Manager
Amerisave Wholesale / AWMS
01.2020 - 10.2022
Consumer Loan Underwriter 4
Wells Fargo Mortgage
01.2010 - 01.2020
Senior Underwriter
Chase Mortgage
01.2008 - 01.2010
Underwriter III- Structure Loan Desk
Countrywide Home Loans
01.2005 - 01.2007
Sr Underwriter
Bank of America
01.2003 - 01.2005
Business Finance -
Phoenix College
Marketing -
UAC