Jay Neilon
GLEN MILLS,PA
Summary
Accomplished Chief Credit Officer at Republic First Bank, adept in portfolio management and problem loan resolution. Demonstrated expertise in credit policy development and pricing strategy, enhancing loan underwriting processes and reducing delinquency rates. Skilled in leading teams to exceed strategic goals through innovative risk management and efficient resource allocation. Hardworking Credit Officer well-versed in reviewing financial documents, preparing loan packages and making recommendations based on risk values. Detail-oriented and thorough with excellent judgment and good verbal and written communication strengths.
Overview
32
32
years of professional experience
Work History
Senior Credit Officer
Fulton Bank
04.2024 - Current
- Optimized resource allocation by conducting regular performance reviews of the credit team and providing ongoing coaching and training.
- Enhanced portfolio quality by developing robust underwriting guidelines and monitoring systems for early detection of potential risks.
- Performed credit reviews on corporations to assess financial conditions.
Chief Credit Officer
Republic First Bank
12.2008 - 04.2024
- Successfully navigated challenging economic conditions by adopting prudent lending practices and maintaining disciplined underwriting standards.
- Collaborated with executive leadership to set strategic goals for the credit department, aligning with company objectives.
- Optimized loan underwriting processes for improved efficiency and decision-making accuracy.
- Oversaw all aspects of commercial lending operations, ensuring regulatory compliance and adherence to internal policies.
- Drove improvements in loss mitigation efforts through early identification of problem loans and effective workout strategies.
- Enhanced overall credit quality by implementing robust risk management policies and procedures.
- Implemented regular portfolio reviews, identifying areas of risk exposure and developing appropriate mitigation strategies.
- Reduced delinquency rates through proactive portfolio monitoring and timely interventions.
- Recommended approval or disapproval of commercial, real estate or credit loans.
- Created credit policies, processes and procedures to maintain compliance with banking regulations.
Asset Recovery Department Head
Commerce Bank
07.1992 - 12.2008
- Enforced organizational rules and incorporated policy changes into departments' day-to-day activities.
- Collaborated with department personnel to coordinate multifaceted solutions to emerging problems.
- Managed department budget, ensuring optimal allocation of resources for maximum impact on company goals.
- Led regular meetings with team leaders and front-line staff to convey important operational information and new targets.
- Collaborated with senior leadership to develop long-term business strategies aligned with company objectives.
- Prepared detailed reports for management to clarify existing trends, review sales and inventory data and support shrink minimization and safety awareness.
- Established team priorities, maintained schedules and monitored performance.
Education
Bachelor of Science -
West Cheter University
West Chester, PASkills
Loan structuring
Documentation Review
Cash Flow analysis
Credit policy development
Pricing strategy
Portfolio Management
Problem Loan Resolution
Creditworthiness Determination
Timeline
Senior Credit Officer
Fulton Bank
04.2024 - Current
Chief Credit Officer
Republic First Bank
12.2008 - 04.2024
Asset Recovery Department Head
Commerce Bank
07.1992 - 12.2008
Bachelor of Science -
West Cheter University
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