Ryan Mergen
McKinney,TX
Summary
Experienced risk management professional with over four years in credit risk, commercial lending, and multifamily asset management. Skilled in underwriting, collateral analysis, and investor reporting, with expertise in evaluating property performance, borrower financials, and market conditions to identify and mitigate risk. Strong background in Fannie Mae and Freddie Mac multifamily products, ensuring compliance with investor guidelines and servicing standards.
Overview
13
13
years of professional experience
Work History
Senior Associate, MF ERM
Fannie Mae
Plano, TX
07.2024 - Current
- Assist with oversight of the Multifamily business.
- Review and monitor Multifamily pre-acquisition, pricing, or portfolio activities and trends.
- Perform on-going file reviews to identify and evaluate the risks to Multifamily of new transactions and/or portfolio management activities and business decisions.
- Document and present findings and/or conclusions of analysis to key stakeholders and senior management in a thoughtful and persuasive manner.
- Built strong relationships across Multifamily and the Enterprise.
- Partner with Multifamily and other stakeholders to carry out business strategies that will drive success and ensure safety and soundness in the face of shifting market conditions and regulations.
Credit Risk Analyst
Independent Financial
McKinney, TX
04.2022 - Current
- As 2nd line of defense for the firm, perform loan portfolio monitoring on commercial, real estate and subsidiary portfolios to identify any potential credit weaknesses and to determine adequacy of the allowance for loan loss
- Successfully completed a comprehensive formal commercial bank credit training program, gaining in-depth knowledge of credit analysis, risk assessment, and financial underwriting, further enhancing my expertise in the financial industry
- Provide senior management and board with reports summarizing credit quality of loans reviewed and other monthly reports
- Analyzes trends from balance sheets, income statements and cash flow statements to determine financial condition and debt service coverage of borrower relationships
- Conducts written reviews of large commercial and real estate borrower relationships to summarize credit quality based on financial trends; Focus specifically on Commercial and Industrial (C&I) and Commercial Real Estate (CRE) loans and lending related commitments
Credit Underwriter
LoanDepot
Remote
09.2020 - 04.2022
- Company Overview: Remote
- Recognized 4 times as a Top Producer in Q4 2020 & Q1-Q3 2021
- Underwrites 4 - 6 Conventional, USDA, FHA, and VA loans within company, investor, and industry guidelines per day with a standard turnaround time of 24 - 48 hours
- Maintains a current knowledge of loan programs
- Analyzes and issues credit decisions
- Reviews and makes informed decisions on financial statements, credit reports and applicable ratios (i.e., DTI and LTV)
- Analyzes risk appropriately by assessing property information including: purchase contract, escrow instructions, and preliminary title report
- Evaluates/examines transactions to ensure accuracy and completeness
- Ensures documents are consistent and compliant
- Identifies red flags on documentation
- Remote
Collateral Analyst II
JP Morgan Chase
Plano, TX
01.2019 - 09.2020
- Top performer evidenced by ranking in the top 1% of underwriters company-wide with less than 3% error rate
- Maintain a loan pipeline with an average of 12 new files completed each day
- Identify deficiencies within valuation products and request revisions as needed to meet lender requirements
- Recommend loan approvals and denials based on collateral appraisal reviews
- Independently verify collateral data supplied within appraisals, leveraging alternative data sources such as Fannie Mae Collateral Underwriter and Collateral Analytics
- Perform underwrites on collateral for both Agency and Non-Agency loan types including SFR, condos, multifamily, and CO-OP properties with a $850k lending limit
- Provide training and mentor fellow team members for process improvement and performance development
Collateral Underwriter I
JP Morgan Chase
Plano, TX
04.2017 - 01.2019
- Top performer evidenced by ranking in the top 1% of underwriters company-wide with less than 3% error rate
- Maintain a loan pipeline with an average of 9 new files completed each day
- Identify deficiencies within valuation products and request revisions as needed to meet lender requirements
- Recommend loan approvals and denials based on collateral appraisal reviews
- Independently verify collateral data supplied within appraisals, leveraging alternative data sources such as Fannie Mae Collateral Underwriter and Collateral Analytics
- Perform underwrites on collateral for Agency loans including SFR and condo properties with a $483k lending limit
Vendor Manager
First Look Appraisals LLC
Chicago, IL
01.2014 - 04.2017
- Responsible for assembling and maintaining nationwide vendor panel by adhering to the terms established in service level agreements
- Supervised a team of four direct reports with responsibility of managing over 500 files in the course of a month
- Created and implemented standardized processes and procedures that led to decreased turnaround times while ensuring regulatory guidelines were followed
- Developed performance metrics utilizing Excel to provide feedback to senior management regarding high performing vendors and areas for improvement
- Monitor nationwide vendor panel by creating and disseminating monthly scorecards based on quality of performance and time efficiency
Quality Analyst
First Look Appraisals LLC
Chicago, IL
05.2013 - 04.2017
- Performed in depth reviews on SFR, condo, and multifamily appraisal forms types ensuring that compliance policy standards were met in accordance with Uniform Standards of Professional Appraisal Practice (USPAP), Fannie Mae and HUD guidelines
- Developed and maintained strong relationships with vendors
- Supported customer service teams on escalation calls regarding collateral quality and valuation
Customer Service Associate III
MB Financial
Chicago, IL
09.2012 - 05.2013
- Worked as a team lead on the staff working directly with the supervisor to assist in scheduling, overrides, and assume supervisor responsibilities if site supervisor is out of the office
- Focus on individual and departmental goals for both sales and referrals to achieve monthly referral goals as established by MB Financial
- Knowledge of Bank products and services and ability to refer products and services to the appropriate customer
Education
B.A - Communication Studies
The University of Iowa
01.2011
Skills
- Credit Risk Analysis
- Data Presentation
- Portfolio Management
- Loan Underwriting
- Process Improvement
- Real Estate Appraisal
Courses Certificates
Commercial Lending School
Timeline
Senior Associate, MF ERM
Fannie Mae
07.2024 - Current
Credit Risk Analyst
Independent Financial
04.2022 - Current
Credit Underwriter
LoanDepot
09.2020 - 04.2022
Collateral Analyst II
JP Morgan Chase
01.2019 - 09.2020
Collateral Underwriter I
JP Morgan Chase
04.2017 - 01.2019
Vendor Manager
First Look Appraisals LLC
01.2014 - 04.2017
Quality Analyst
First Look Appraisals LLC
05.2013 - 04.2017
Customer Service Associate III
MB Financial
09.2012 - 05.2013
B.A - Communication Studies
The University of Iowa