Michael W. Schrepf
Pace
Summary
To apply for a position in which I can apply my skills-set, education, and have the opportunity to grow within the organization.
Overview
38
38
years of professional experience
1
1
Certification
Work History
Quality Control Analyst III, Senior Mortgage Quality Assurance Specialist, Mortgage Processor II
Navy Federal Credit Union- Greater Pensacola Operations
08.2010 - Current
- Analyze audit review findings and prepare/process responses to due diligence and repurchase requests from investors (Government Sponsored Enterprises (GSEs) - e.g. Freddie Mac, Fannie Mae) and external auditors (e.g. NCUA, FNMA, FHLMC, VA, FHLB, PriceWaterhouseCoopers).
- Evaluate and analyze all applicable loan documentation and audit findings for completeness and accuracy.
- Review and evaluate underwriting decisions and related documentation for each sampled loan to include credit-worthiness, applicable financial ratios, income and title documents, and credit reports, to ensure compliance with established guidelines; identify potential challenges/risk exposure and recommend corrective action. This includes a wide variety of Servicing Audit in Aces.
- Consolidate and present findings (summary memo and graphical analysis); outline and make recommendations to resolve/satisfy observed workflow/processing deficiencies.
- Serve as Subject Matter Expert (SME) and information resource for colleagues and maintain collaborative relationships with appropriate Lending staff and management to facilitate process improvement.
- Perform quality control review. Perform audit reviews of sampled mortgage and equity loan life cycle; accounts for all loan related documentation and take corrective action to make files whole; assess processing deficiencies, determine validity of GSE requests through research, and compile supporting data to justify loan approval and/or eligibility for sale.
- Analyze and explain multiple complex loan programs, financing options, and basic mathematic principles.
- Evaluate applications and present alternative mortgage products better suited to mortgage applicant.
- Investigate and assess credit factors and risks, and then facilitate the credit decisions process.
- Solve problems and complete assigned duties with minimal supervision and assistance.
- Front-to-Back mortgage processing.
- Work with members and obtain all necessary information to facilitate the process over the phone and in person throughout the credit application, approval process, and closing.
- Loan corrections on applications with low appraised values for all team members.
- Assist team members with questions in regards to conventional mortgage processing.
- Project Paperless – Project Team (events)
Credit Manager
Wells Fargo Financial
02.2009 - 07.2010
- Utilize referrals and company-provided sales leads (cold-calling) to market and sell customers a variety of financial services products including unsecured personal loans, credit cards, real estate loans, auto loans etc.
- Best in class sales training focused on customer needs, demonstrating feature/benefit analysis, and setting/exceeding goals.
- Work with customers and obtain all necessary information to facilitate the process over the phone and in person throughout the credit application, approval process, and closing.
- Leader within a small close-knit team, working together to set and achieve goals efficiently.
- Evaluate and approve or recommend disapproval of consumer loan applications.
- Investigate and evaluate credit factors and risks, and then make credit decisions accordingly.
- Perform customer service to retain a satisfied customer base and help them succeed financially.
Member of German Armed Forces
German Armed Forces- Germany/Pensacola, FL
09.1992 - 12.2005
- Liaison between US and German Government.
- Managed the office for payroll, travel costs, and travel orders for approx. 400 officers, enlisted, and conscripts, including direct supervision of 15-20 employees (military and civilian).
- Logistics and support.
- Project Management for multiple military exercises, IT implementation, and events.
- Basic and special military training (including flight school).
- Monetary advisor and accountant for two squadrons.
- Manager for logistics at the Second German Air Force Training Squadron in Pensacola, Florida.
- Handled all financial matters including, but not limited to: accounting, budgeting, project planning, and travel expenses.
- Volunteered for several U.N. crises missions (Somalia and Kosovo).
Industrial Merchant Apprentice
Veit GmbH & Co./ Presto
01.1988 - 09.1992
- Supervised offices with 3-10 employees along with preparing payroll.
- Reviewed sales orders and then directed to the proper departments accordingly.
- Managed production inventories and material ordering.
- Reviewed accounts payable and receivable in order to prepare weekly, monthly, and yearly business evaluations for the management.
- Performed office employee evaluations.
- Assisted management with marketing decisions.
Education
B.S. B. A - Finance, Economics
University of West Florida
01.2008
A.A - Business Administration
Pensacola Junior College
01.2005
Skills
- Experience and training to participate and manage cross-functional, multi-dimensional teams and projects
- Supervisory and leadership experience, including: team selection, development, motivation, and performance evaluation to effectively achieve goals
- Strong research, analytical, organizational, decision-making, and problem-solving skills
- Strong knowledge of data querying, reporting, forecasting, analysis and operations research, including statistical methods and modeling
- Excellent interpersonal, verbal, and written communication skills, including the ability to convey complex information clearly and concisely
- Outstanding sales volume of multiple financial services products and Real Estate
- Competent in speaking and writing English and German, capable of speaking and writing Portuguese, and minor ability of communicating in French
- Versed in using spreadsheets, databases, and software tools to perform financial analysis
- Skilled in technical writing, including financial analysis and research
- Corrective actions
- Quality management systems
- Sampling protocols
- Product Inspections
- Financial analysis
- Data interpretation
- Quality processes
- Data analysis
- Data validation
- Audit processes
- QA methodologies mastery
- Risk assessment
- Report creation
Certification
Journey into Leadership
Languages
English
Native or Bilingual
German
Native or Bilingual
Portuguese
Professional Working
French
Elementary
Timeline
Quality Control Analyst III, Senior Mortgage Quality Assurance Specialist, Mortgage Processor II
Navy Federal Credit Union- Greater Pensacola Operations
08.2010 - Current
Credit Manager
Wells Fargo Financial
02.2009 - 07.2010
Member of German Armed Forces
German Armed Forces- Germany/Pensacola, FL
09.1992 - 12.2005
Industrial Merchant Apprentice
Veit GmbH & Co./ Presto
01.1988 - 09.1992
B.S. B. A - Finance, Economics
University of West Florida
A.A - Business Administration
Pensacola Junior College
Training
- Presented Award for Exceeding Position Requirements, Innovation, and Diplomatic Communication Skills by BrigGen Merklinghaus, Commander of the German Air Force Command US/CA (September 2002).
- Exceptional Service Award for Member/Client service, by Navy Federal Credit Union - Pensacola Mortgage Operations (September 2011). Honorable mention for exceptional customer service in Navy Federal Credit Union Real Estate News Letter April 2012.
- Navy Federal Credit Union Superior Achievement Award for valuable support to the Project Paperless Processing in March 2014
- Completion of Navy Federal Credit Union workshops:
- Project Management (3-day workshop by Kepner-Tregoe, Inc.)
- Communicating Up
- Lincoln on Leadership
- Emotional Intelligence in the Workplace
- Bringing Out the Best in Others
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