David Urban
Houston,Texas
Summary
Accomplished and motivated Financial Services Professional with a career history in Project Management and Commercial Loan Syndications. Articulate and personable leader with excellent project management, strategic planning and operational oversight abilities.
Overview
22
22
years of professional experience
Work History
Senior Vice President, Project Manager
BNY Mellon
Houston, TX
02.2020 - 12.2023
- Managed several Projects for completing a multi year Enterprise Program for establishing global policies, controls and compliance for the firms Contract Lifecycle Management (CLM)
- Successfully coordinated with Internal Audit and nine of the firms business lines to define, implement and complete remediation plans for satisfying an enterprise-wide Horizontal Audit related to the storage, identification, maintenance and retrieval of client contracts
- Oversaw the implementation and migration of contracts to new repositories for several BNY business lines
- Created a new analytics engine to collate key Metadata required for CLM, SR14 and QFC regulatory reporting
- Responsible for completing the hydration of client contracts and associated Metadata across all BNY business lines and their corresponding repositories to the newly created Enterprise Data Lake
- Managed the standardization of metadata and validation with the firms Universal Data Masters to improve efficiency, reporting, effectiveness and risk mitigation
- Liaise with key stakeholders to determine priorities and resolve challenges
- Communicated progress and issues to senior stakeholders, including executive management.
Associate Director, Project Manager
UBS Investment Bank
Houston, TX
08.2016 - 02.2020
- Managed several deliverables for the Recovery and Resolution Planning Program by leading multiple Projects to facilitate an orderly wind-down in the event of Resolution
- Responsible for project planning, milestone verification, resourcing, risk management, project artifacts and status reporting
- Communicated progress and issues to senior stakeholders, including executive management
- Liaise with key stakeholders to determine priorities and resolve challenges
- Define, manage and execute end-to-end business requirements for achieving project milestones
- Managed project to establish a new Master Fed Account for maintaining regulatory compliance, resulting in an annual savings of $2M.
Associate Director, Loan Operations Manager
UBS Investment Bank
Nashville, TN
08.2014 - 08.2016
- Managed and developed the Loan Servicing and Agency Team including the recruiting, training, coaching, and development of employees responsible for servicing a diverse syndicated loan portfolio of Agency Deals, Bilateral Deals, Take and Hold Facilities
- Managed the migration of UBS Loan Operations from a Vendor platform in China to a newly formed Team in the UBS Business Solutions Center in Nashville, TN
- Managed the subsequent migration of the Loan Servicing and Agency Team from Nashville, TN to Krakow, Poland
- Managed all financial processes and procedures ensuring timely monthly, quarterly, year-end processing as per department policy
- Daily supervision of various functions including processing borrowing requests, arrangement of funding and payments, confirmation of term rates and margin changes, calculation and billing of commitment, unutilized and letter of credit fees, completion of audit confirmations, set up and maintenance of customer records, etc.
- Supported and engaged with several teams across the business including Corporate Lending, Asset Based Lending, Legal, external legal counsel, Loan Portfolio Relationship Management (“LPRM”), CRC, KYC Onboarding and Compliance
- Reconciliation of Control and Cash accounts
Associate Director, Loan Operations Manager
UBS Investment Bank
Houston, TX
08.2013 - 08.2014
- Supervised the Loan Administration Team staffed through a 3rd party vendor based out of Shanghai, China
- Responsible for the day to day administration of the firm’s Trading, Take and Hold portfolios which included processing borrowing requests, arrangement of funding and payments, confirmation of term rates and margin changes, calculation and billing of commitment, unutilized and letter of credit fees, facility limits, etc
- Reconciliation of Control and Cash accounts
- Ensured the Team remained in compliance with key contract deliverables by approving all transactions, tracking and correcting errors, reporting on KPI’s and demanding proper staffing.
Associate Director, Loan Operations Manager
UBS Investment Bank
Stamford, CT
01.2011 - 08.2013
- Managed the Agency Services Team responsible for servicing a diverse syndicated loan portfolio including Agency Deals where UBS is the Administrative Agent, Bilateral Deals, CLO and TRS Administration
- Worked with Project Management and IT on short and long term initiatives providing cost effective and scalable solutions to the business units including the complex migration from Loan IQ to WSO Agent and the creation of the Payment Viewer interface
- Liaised with Management from Corporate Lending, Asset Based Lending, Capital Markets, Sales and Trading, Compliance, Legal, and Operations to review and maintain roles and responsibilities
- Daily supervision of various functions including coordination with Borrowers, WSO Agency, LPRM, Legal and external counsel in distribution of financial reporting requirements, processing borrowing requests and quarterly billing
- Coordinated the closing of new Agency deals with Compliance, FICC Ops Utility, CRC (Credit Risk Control), CL (Corporate Lending), LCM (Leveraged Capital Markets), IBD (Investment Banking Department), Legal, Loan Portfolio Relationship Management (LPRM), external counsel and the Borrower
- Processed borrowing requests including arrangement of funding and payments, confirmation of term rates and margin changes, calculation and billing of commitment, unutilized and letter of credit fees, audit confirmations, maintenance of customer records including administrative details, facility limits, etc.
- Worked with LTS (“Loan Trading and Sales”) and BPS Trade Settlements to process trades and bring new investors into deals
- Administered CLO and TRS portfolios which include coordinating with the settlements team, maintenance of customized spreadsheets, and distribution of notices to CLO and TRS counterparties
- Reconciled Control and Cash accounts
Manager, Loan Settlements
Sapient Corporation
New York, NY
01.2010 - 01.2011
- Managed the build of a new loan settlement and business consulting team for the Global Markets Division
- Settled par and distressed trades for active clients
- Project work for Investment Bank clients, specifically the migration from ACBS to Loan IQ
- Assisted with the sales pursuits and strategies to support the structuring of complex, long-term contracts with both clients and business partners.
Vice President, Loan Settlements Manager
J.J. Kenny Drake
Rowayton, CT
06.2009 - 01.2010
- Managed the settlement of a diverse portfolio of High Yield trades including: Loans, Bonds and Equities
- Sourced bank loan trades through extensive network of contacts
- Prepared and circulated the daily “Run” sheet to the sales desk for distribution to clients
- Created all Bloomberg trade tickets on behalf of trading desk
- Responsible for daily trade blotter and commission runs
- Assisted with the research and analysis of corporations
- Communicated with operations to ensure trades were allocated, settled and funded per the terms of trade.
Vice President, Loan Settlements Manager
Trade Settlement Inc
New York, NY
03.2008 - 02.2009
- Managed the closing team and supporting staff in the settlement of all Primary Syndications, LSTA/LMA Par Trades, Portfolio Transfers/Sales and Special Projects
- Reported directly to the Chief Operating Officer, accountable for developing, implementing and managing the efficiency and effectiveness of all operations to support client needs
- Negotiated contracts, product specifications, payment structure, product deliveries, and general terms and conditions with new clients
- Responsible for the relationship management of all clients
- Oversaw the preparation and distribution of unique daily, weekly and monthly client reports
- Actively engaged and corresponded with Business Analysts and Development Team to write specifications and coding of current and future applications available on TSI.
Associate Director, Loan Closer
UBS Investment Bank
Stamford, CT
05.2006 - 03.2008
- Worked closely with external resources, legal counsel, counterparties, and agents for successful completion of the necessary documentation for the settlement of assignment agreements
- Drafted and reviewed all forms of LSTA Par/Near Par loan trading documentation
- Responsible for the review and execution of all UBS legal documents across various trading desks
- Prepared and submitted vetting documentation for new clients, borrowers, and account/loan facilities
- Performed reporting for trading desk and assumed increasing responsibilities.
Senior Analyst, Loan Closer
JPMorgan Chase Bank
Houston, TX
06.2004 - 05.2006
- Executed 3rd Party Assignments where JPMorgan is the Administrative Agent, to transfer the commitment of the assignor to the assignee
- Interpreted Credit Agreement’s to ensure that Assignment and Assumption Agreements meet the required provisions
- Reviewed Assignment and Assumption Agreements for any revisions prior to execution
- Obtained appropriate documents and credit approvals for new investors
- Responsible for the general ledger reconciliation of all assignment fees
- Coordinated multiple closings daily across numerous credits and investors
- Interfaced with various teams and departments.
Senior Analyst, Deal Manager and Loan Closer
JPMorgan Chase Bank
Houston, TX
11.2002 - 06.2004
- Responsible for deal origination and obtaining all necessary information required to support a new Syndicated deal
- Reviewed Credit Agreement prior to execution
- Coordinated the closing transactions required for meeting Condition’s Precedent to the effectiveness of the Credit Agreement
- Initiated all funding on new deals, restructurings, merger and acquisitions
- Implemented the deal and client on various commercial loan systems
- Coordinated with legal counsel and investors to execute primary assignments
- Prepared a detailed loan book for client teams
- Managed funding process
- Provided information as requested by clients, syndications or lenders.
Assistant Manager
International Financial Services
Houston, TX
12.2001 - 11.2002
- Managed a team of brokers trading in the foreign currency exchange market
- Bought and sold the U.S Dollar against various currencies daily
- Analyzed current market conditions
- Assisted brokers with marketing and trading aspects
- Traded a personal client portfolio
Education
Bachelor of Science - Economics
University of Houston
Houston, TX12-2001
Skills
- Project Management
- Operations Management
- Commercial Loan Syndications
- Relationship Management
- Business Development
- Policies and Procedures
- Recruiting and Hiring
- Corporate Communications
- Organizational Development
- Process Improvements
- Financial Acumen
Timeline
Senior Vice President, Project Manager
BNY Mellon
02.2020 - 12.2023
Associate Director, Project Manager
UBS Investment Bank
08.2016 - 02.2020
Associate Director, Loan Operations Manager
UBS Investment Bank
08.2014 - 08.2016
Associate Director, Loan Operations Manager
UBS Investment Bank
08.2013 - 08.2014
Associate Director, Loan Operations Manager
UBS Investment Bank
01.2011 - 08.2013
Manager, Loan Settlements
Sapient Corporation
01.2010 - 01.2011
Vice President, Loan Settlements Manager
J.J. Kenny Drake
06.2009 - 01.2010
Vice President, Loan Settlements Manager
Trade Settlement Inc
03.2008 - 02.2009
Associate Director, Loan Closer
UBS Investment Bank
05.2006 - 03.2008
Senior Analyst, Loan Closer
JPMorgan Chase Bank
06.2004 - 05.2006
Senior Analyst, Deal Manager and Loan Closer
JPMorgan Chase Bank
11.2002 - 06.2004
Assistant Manager
International Financial Services
12.2001 - 11.2002
Bachelor of Science - Economics
University of Houston