Marilyn Walker
Simi Valley,California
Summary
Multifaceted banking and finance professional, offering extensive experience in mortgage servicing, due diligence, transaction management, and operations. Effective problem solver, adept at analyzing critical situations, data inconsistencies and creating streamlined solutions to complex issues.
Overview
19
19
years of professional experience
Work History
Independent Consultant
Self-employeed
Simi Valley, CA
09.2022 - Current
- Use critical thinking to break down problems, evaluate solutions and make decisions.
- Participate in team projects, demonstrating an ability to work collaboratively and effectively.
Vice President/ Risk Mitigation/Transaction Management
RECOVCO MORTGAGE SERVICES, LLC
08.2021 - 07.2022
- Ensured concise and accurate reports were generated and provided to counterparties involving agency securitization.
- Engaged with Business Development, Project Leads, and Technology Operations to ensure strategic improvements through automation, validation checks, and process enhancements.
Transaction Manager
EVOLVE MORTGAGE SERVICES
01.2021 - 08.2021
- Identified performance trends and potential enhancements to be incorporated into system changes (QC workflow enhancements, validations, processes, etc.)
- Reviewed data and provided feedback to operations regarding any required adjustments while formalizing specific validation tools to ensure accuracy of ASF Securitization reporting.
Due Diligence Manager
AMERIHOME MORTGAGE, LLC
10.2016 - 10.2020
- Effectively mentored a team of Due Diligence Project Specialists responsible for Whole Loan and MSR trades.
- Collaborated with team members, external counterparties and investors to achieve high percentage pull through, targeted at 98% plus, within tight time frames warranted in secondary market transactions.
- Implemented data validation processes to ensure accurate reporting of HMDA and ASF data.
- Created and deployed strategies, system enhancements, policies, and procedures to ensure adherence to credit guidelines and compliance regulations to minimize risk.
Vice President/Transaction Management
BANK OF AMERICA MERRILL LYNCH
04.2005 - 03.2016
- Employed analytical skills in facilitating operational, servicing and due diligence reviews of top non-US Banks, specializing in warehouse lending, NPL/RPL, single family residential, secured lending, lenders, servicers and custodians.
- Expertly handled all aspects of due diligence, including credit, compliance, and valuation review for various transactions involving acquisition, sale, and securitization.
- Developed and implemented purchase criteria, policies, and procedures for BofAML's Jumbo Loan Purchase Program to ensure alignment with industry standards.
- Worked closely with system developers during buildout of the internal due diligence tracking and reporting system.
- Participated in standardization of grades and severity assigned for identified exceptions during loan-level reviews as forum member involving the Consumer Financial Protection Bureau (CFPB), rating agencies, and other industry partners.
- Observed strict adherence to due diligence protocols by developing, monitoring, and testing vendor production.
- Established and cultivated client relationships to acquire future business opportunities.
- Offered hands-on support and administration to external partners utilizing mTrade system that enabled real-time reporting and file access for loan evaluation.
Education
Bachelor of Science - Finance and Business Management
FRANKLIN UNIVERSITY
Columbus, OHCertification - Commercial Lending, Consumer Lending, and General Banking Studies
AMERICAN INSTITUTE of BANKING
Columbus, OHSkills
- Proficient with Microsoft Office Suite (Excel, Word, PowerPoint)
- Salesforce, Encompass, and Servicing Systems (Fiserv, Fidelity MSP, and Jack Henry)
Timeline
Independent Consultant
Self-employeed
09.2022 - Current
Vice President/ Risk Mitigation/Transaction Management
RECOVCO MORTGAGE SERVICES, LLC
08.2021 - 07.2022
Transaction Manager
EVOLVE MORTGAGE SERVICES
01.2021 - 08.2021
Due Diligence Manager
AMERIHOME MORTGAGE, LLC
10.2016 - 10.2020
Vice President/Transaction Management
BANK OF AMERICA MERRILL LYNCH
04.2005 - 03.2016
Bachelor of Science - Finance and Business Management
FRANKLIN UNIVERSITY
Certification - Commercial Lending, Consumer Lending, and General Banking Studies
AMERICAN INSTITUTE of BANKING