Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
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Kenneth Labrack

Round Rock,TX

Summary

Dynamic Senior Asset Manager at CIT Bank with a proven track record in operational efficiency and investment strategies. Expert in asset allocation and due diligence, successfully implementing creative solutions to complex challenges. Adept at fostering relationships and driving growth, consistently achieving results in fast-paced environments.

Overview

21
21
years of professional experience

Work History

Senior Asset Manager

CIT Bank
03.2008 - 06.2018
  • Evaluated appraisals, broker opinions, and current market data to derive internal valuations and implement property strategies from pre-foreclosure through sale of asset.
  • Completed all asset analysis, appraisals, rehabilitations, negotiations and sales of over 5,000 foreclosed properties.
  • Contacted, hired, trained and terminated several hundred real estate agents/brokers
  • Investigated market changes and devised approaches to take advantage of emerging opportunities.
  • Learned and adapted quickly to new technology and software applications.
  • Proved successful working within tight deadlines and a fast-paced environment.
  • Proven ability to develop and implement creative solutions to complex problems.

Business Development Manager

IndyMac Bank
01.2007 - 03.2008
  • Negotiated and closed long-term agreements with new clients in assigned territory.
  • Established relationships with key decision-makers within customer's organization to promote growth and retention.
  • Kept meticulous client notes and updated account information in company databases.
  • Represented company and promoted products at conferences and industry events.
  • Generated new business with marketing initiatives and strategic plans.
  • Reached out to potential customers via telephone, email, and in-person inquiries.

Stock Broker/Hedge Fund Strategy Analyst

Penstar Trading
03.2002 - 10.2004
  • Met and collaborated with existing and prospective clients to ascertain financial goals and provide recommendations on investment solutions.
  • Established key procedures for teams preparing documentation, models, and presentations.
  • Raised money to complete business development projects such as mergers and company purchases.
  • Researched companies and prepared presentations for management and prospective buyers.
  • Gathered data and built financial models around key metrics.
  • Discussed financial options with clients and provided informed suggestions.

Software Sales Executive

Microstar Research & Trading
02.1997 - 03.2002
  • Tracked sales data for analysis and forecasting.
  • Presented technical presentations to clients to explain product features and benefits.
  • Responded to specific customer requests, including RFP responses and industry-specific solutions.
  • Utilized creative problem-solving skills to overcome technical challenges in the sales process.
  • Gained extensive knowledge of products and services to provide best-in-class sales engineering solutions.

Education

High School Diploma -

Exeter Area High
Exeter, NH
1988

Skills

  • Operational efficiency
  • Investment strategies
  • Asset allocation
  • Due diligence
  • Portfolio management

Accomplishments

  • Managed orderly liquidation of over 5,000 assets
  • The last of 65 senior asset managers furloughed over a 3 year period

Timeline

Senior Asset Manager

CIT Bank
03.2008 - 06.2018

Business Development Manager

IndyMac Bank
01.2007 - 03.2008

Stock Broker/Hedge Fund Strategy Analyst

Penstar Trading
03.2002 - 10.2004

Software Sales Executive

Microstar Research & Trading
02.1997 - 03.2002

High School Diploma -

Exeter Area High