Morgan Ayscue
Summary
Underwriting Team Manager with two years of management experience and nearly six years of underwriting experience (4 years SBA). Responsible for leading and managing a team of underwriters while also maintaining positive and productive relationships when collaborating with Loan Officers, Credit Officers, and Loan Closing Specialists. Great reputation of communication, respect, positive attitude, and work ethic, and possess the willingness to be trained and learn new skills. Motivated to learn, grow, lead, and excel at Live Oak Bank as Associate Loan Officer in Automotive Aftercare.
Overview
9
9
years of professional experience
Work History
Underwriting Team Manager
Live Oak Bank
02.2023 - Current
- Lead and manage a team of six underwriters who focus on Automotive Aftercare, Education Services, and Quick Service Restaurants through effective communication, training, and development while owning the team's efficiency and performance metrics
- Review and assign underwriting submissions by assisting with loan budgets, cash flow, SBA eligibility, and overall document review to prepare for underwriting and credit submission.
- Provide support for business unit heads, vertical directors, and closing team managers by maintaining healthy working relationships, being receptive to feedback, and being available for questions.
- Collaborate and communicate with business unit heads and vertical directors to stay current on industry trends and nuances.
- Conduct regular team meetings and one-on-one meetings with underwriters to communicate about performance, bank policies and procedures, SBA SOP standards, and discuss feedback from other departments if necessary.
- Conduct pre-credit reviews of underwriting quality for uncertified underwriters.
Underwriter
Live Oak Bank
07.2021 - 02.2023
- Responsible for completion of underwriting SBA loan applications to determine if the request meets the bank's and SBA's lending requirements by analyzing financial stability, property and business evaluations, credit worthiness, and source of repayment. Managed 2-3 loan requests at any one time.
- Collaborated and communicated constantly with Loan Officers, Credit Officers, Loan Closers, and Construction Specialists to ensure all issues are resolved and questions are answered.
- Responsible for completion of a Credit Memorandum detailing all aspects of the loan request to include business and personal financial analyses.
- Specifically concentrated on automotive, education, general franchise, and quick service restaurant loan requests.
- Maintain knowledge and understanding of bank policies and SBA guidelines.
- Conducted Borrower interviews and made myself available to them for questions/concerns.
Credit Analyst
First Bank
09.2019 - 07.2021
- Completed personal and business financial analyses by reviewing tax returns, financial statements, and credit reports to generate cash flow to determine credit worthiness while evaluating the source of repayment of loan requests.
- Worked closely with Loan Officers to gather correct financial information and resolve outstanding issues with the loan request and worked closely with Regional Credit Officer during the approval process.
Loan Processor
First Bank
06.2017 - 09.2019
- Administered all aspects of loan closing process by ordering and scheduling appraisals and loan closings, reviewing and revising closing documents for accuracy, promptly scheduled real estate inspections, funded construction draws, and processed loan payoffs and deed of releases to paralegals. Assisted Loan Officers with preparing credit memos and risk grade approvals.
Bank Teller
First Bank
03.2016 - 06.2017
- Performed customer transactions for money orders, cashiers checks, deposits and withdrawals, and answered customer inquiries regarding account balances, transaction history, service charges, and interest rates.
Education
Bachelor of Science -
Virginia Tech
Blacksburg, VA05-2014
Skills
- Proficiency in Excel and Prism
- Flexible and adaptable
- Excellent work ethic
- Relationship building and management
- Credit analysis
- Excellent communicator
- Underwriting expertise
- Reliable
- Excellent time management
- Attention to detail
- Analytical and critical thinking
Timeline
Underwriting Team Manager
Live Oak Bank
02.2023 - Current
Underwriter
Live Oak Bank
07.2021 - 02.2023
Credit Analyst
First Bank
09.2019 - 07.2021
Loan Processor
First Bank
06.2017 - 09.2019
Bank Teller
First Bank
03.2016 - 06.2017
Bachelor of Science -
Virginia Tech
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