Derek Short
Arlington,TX
Summary
Organized and dependable banking professional with over 20 years of industry experience, who has achieved success in a variety of roles with increasing levels of responsibility. An effective communicator and team player, with strong analytical and problem solving skills. Works effectively on teams and independently, in fast-paced environments.
Overview
13
13
years of professional experience
Work History
Escrow Processor II
DOMA
03.2020 - 09.2023
- Consistent top performer within department for highest production and quality.
- Quality reviews of files pending in queue for disbursement.
- Daily communication with internal partners regarding results of quality reviews, in order to achieve approval status on files
- Reviewed and printed checks for acceptance into appropriate trust accounts
- Issued stop payments
- Completed ledger transfers
- Reconciled aged files and stale dated checks
- Processed incoming and outgoing wires
- Quality reviews and approval of outgoing wires for fraud prevention
- Utilized Zoom and Teams for collaborative meetings and training
- Cross-trained on various tasks outside of primary functions to assist other teams during peak volumes
Quality Inspector
A&W Energy
05.2018 - 03.2020
- Conducted quality reviews of various parts, fluid ends and power frames, by properly using various gauges, tools and equipment; including micrometers, calipers, romer arm and CMM machine
- Team Lead for training new production inspectors to ensure product in compliance with specifications
- Assembled and inspected fluid ends and power frames
- Recommended corrective actions to minimize rate of product defects
- Notified management regarding production problems and assisted with identifying and correcting potential issues
- Trained production inspectors to perform and document quality inspections and audits
- Offsite inspections of third party vendor operations and processes
Loan Closer
ReadyCap Commercial LLC
11.2016 - 09.2017
- Processed approved loan applications and performed review of loan files to make determinations on acceptability of loan closing documents
- Interacted with closing counsel and deal teams to obtain necessary documentation and to accomplish accurate and timely closing/funding of loan transactions
- Ordered appropriate third party searches (flood, good standing certificates, UCC, title, judgment and bankruptcy) for all borrowers/guarantors
- Reviewed and approved closing settlement statements, escrow documentation, insurance, and outstanding loan conditions
- Prepared funding information sheets detailing wiring information and use of loan proceeds
- Maintained checklists of required documentation and open issues affecting closings
Operations Team Lead (Mortgage Finance)
JPMorgan Chase Bank
10.2012 - 11.2016
- Managed client warehouse facilities; disbursed wires, reviewed documentation, and processed pay downs within required timeframes
- Facilitated operations calls with existing and new clients
- Facilitated training of funding/shipping staff
- Provided exceptional customer service to internal and external clients and resolved escalated issues
- Performed quality reviews of daily work and completed wire verifications for funding staff
- Daily reconciliations of all warehouse accounts, research outages, and make corrective entries
- Tested various applications in UAT environment and resolved any outstanding issues to ensure business requirements are met
- Defined processes and drafted standard operating procedures
Loan Servicer II (Closing)
JPMorgan Chase Bank
11.2010 - 10.2012
- Reviewed all Commercial loan files from Processing Team to ensure parcel numbers matched legal description and Preliminary Report matched Summary Appraisal
- Created and approved Escrow Analysis on loans with tax/insurance impounds and on all modified loans
- Verified all flood insurance related issues were handled in timely manner
- Worked with third party vendors to obtain Tax and Flood Certificates
- Subject matter expert for various departments throughout organization with complex issues and questions pertaining to taxes/insurance, property address, and parcel numbers
- Trained peers to ensure department had knowledgeable back-ups to assist with daily tax and insurance issues
- Spearheaded new insurance team and conducted training of new hires on ordering and approving insurance for all new and refinanced Commercial loans
Education
Tarrant County College
Fort Worth, TXHigh School Diploma -
Arlington High School
Arlington, TX1996
Skills
- 12 years commercial mortgage experience
- 6 years mortgage warehouse lending experience
- 3 years escrow and title experience
- Experienced team lead and peer trainer
- Excellent verbal and written communication
- Analytical and critical thinking
- Complex problem solving
- Procedure writing
- Teamwork and collaboration
- Quality assurance
- Proficient in MS Office Suite, SoftPro and Promerit
Timeline
Escrow Processor II
DOMA
03.2020 - 09.2023
Quality Inspector
A&W Energy
05.2018 - 03.2020
Loan Closer
ReadyCap Commercial LLC
11.2016 - 09.2017
Operations Team Lead (Mortgage Finance)
JPMorgan Chase Bank
10.2012 - 11.2016
Loan Servicer II (Closing)
JPMorgan Chase Bank
11.2010 - 10.2012
Tarrant County College
High School Diploma -
Arlington High School
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