Michael Preston
Dayton
Summary
Loan Ops Work Director with extensive expertise in risk management and regulatory compliance, leveraging 16+ years of experience to spearhead process optimization initiatives. Adept at implementing innovative solutions to enhance operational efficiency and client service excellence, while maintaining meticulous attention to detail. Proven track record in fostering cross-functional partnerships and driving revenue growth through streamlined processes and data-driven strategies.
Overview
17
17
years of professional experience
1
1
Certification
Work History
Loan Ops Work Director/FDPA
MUFG
04.2022 - 10.2024
- Conduct thorough due diligence on complex FDPA required flood insurance polices, ensuring compliance with regulatory requirements and minimizing risk exposure for MUFG and its clients
- Spearhead process optimization initiatives within Flood Compliance team
- Implement innovative solutions to enhance report generation efficiency and operational effectiveness
- Pioneer process optimization in Flood Compliance, implementing novel solutions to boost operational effectiveness and report generation speed
- Meticulously review FDPA flood insurance policies, ensuring regulatory compliance and mitigating risk for MUFG and its clientele
- Forge cross-functional partnerships to develop data-driven strategies, elevating MUFG's analytical capabilities and client service excellence
- Drive operational improvements through streamlined processes, significantly reducing report generation time and enhancing overall efficiency
- Pioneer process optimization in Flood Compliance, implementing novel solutions that boost operational effectiveness and accelerate report generation
Loan Officer
Union Savings Bank
03.2008 - 04.2022
- Streamlined loan approval process, reducing turnaround time by several days
- Consistently exceeded monthly targets, driving significant revenue growth for the bank
- Fostered strong relationships with clients and internal teams, ensuring smooth loan processing
- Mentored junior officers, enhancing overall department efficiency
- Conducted thorough risk assessments, maintaining a robust loan portfolio
- Implemented data-driven strategies to improve loan quality and minimize defaults
- Ensured meticulous compliance with banking regulations and internal policies
- Maintained accurate documentation, facilitating seamless audits and reviews
- Optimized loan approval workflow, substantially reducing processing time
- Consistently surpassed monthly goals, driving notable revenue growth for the bank
- Built robust client and internal team relationships, ensuring seamless loan processing
- Guided junior staff, boosting overall department productivity
Education
Wright State University-Main Campus
05.1984
Skills
- Risk Management
- Process Improvement
- Regulatory Compliance
- Operational Efficiency
- Client Relations
- Customer Escalation Resolution
Certification
- Licensed Notary Public in the State of Ohio
Timeline
Loan Ops Work Director/FDPA
MUFG
04.2022 - 10.2024
Loan Officer
Union Savings Bank
03.2008 - 04.2022
Wright State University-Main Campus
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