Daniel Sarnelle

Manage along with CLO Compliance team an international and domestic staffs force of 50+ professionals.

Duties include establishing and communicating leading and operational practices and procedures to deliver quality deliverables.

Review client reports and staff internal reports for complete and accurate content.

Issue approximately 30 time sensitive, agreed upon procedures per month.

Deliverables include reports related to the full life cycle of CLO services such as comforting Effective Date Due Diligence and reviewing quarterly payment dates, refinancing and redemptions.

• Review Payment Date Agreed Upon Procedures for Collateralized Loan Obligations (CLOs), Review Effective Date due diligence procedures for CLOs, Prepare and develop trainings for junior staff on CLO Payment Date and Effective Dates, Prepare engagement letters, management representation letters, and acknowledgement letters, Prepare and review budgets for upcoming securitization engagements, Review tape to file agreed upon due diligence for ABS, Esoteric, Whole-Business, and CMBS securitizations, Prepare client pitch decks and presentations detailing Grant Thornton's securitization services, Work with other Grant Thornton service lines to cross sell and promote securitization services in go to market strategy

• Perform Payment date due diligence verification for Collateralized Loan Obligations (CLOs), Mitigate portfolio risk through performance of controls, Provide assurance on portfolio integrity, Perform variance analysis on portfolio credit quality and structure, Create proprietary financial models in Excel to analyze waterfalls and collateral performance, Review client note valuation reports for over an average of 20 portfolios per month for payment compliance, with each portfolio having over $10M in cash payments and over $300M in collateral, Read and interpret legal documents such as Indentures, Offering Circulars, Collateral Management Agreements and Swap Agreements, Create monthly AUP reports for clients and investors, Use such legal documents and other legal literature to create Excel-based models, Interact directly with Trustee Banks and Collateral Managers by analyzing and reviewing payment activity, Conduct Effective Date portfolio due diligence on collateral obligation information, Oversee underlying portfolio asset due diligence and collateral compliance testing to identify credit risks of newly issued CLOs, Assess collateral compliance metrics set forth in governing legal documents

• Performed audit, review, and compilation engagements for various clients, Performed financial statement audits including detailed testing and analytical reviews of balance sheet and income statement accounts, Performed detailed analyses to evaluate financial statement information for accuracy, validity, and conformance with GAAP, Performed physical inventory observations in order to ensure proper disclosure and reporting of accounting activity, Developed audit work papers to support the completion of the audit findings and recommendations, Prepared work papers documenting substantive tests and completed audit programs, Prepared 10K and 10Q for SEC filers, Assisted in audits of employee benefit plans, Worked closely and effectively reported to superiors, Developed professional and courteous relationships with client personnel, Industry exposure includes: unions, pharmaceutical, manufacturing, retail, Prepared form 1041 for various clients, Prepared form 1120 for small corporations