SHALINIE RAGNAUTH
Queens,NY
Summary
Senior loan analyst with over 15+ years of experience assessing loan applications, identifying risks and recommending solutions. Skilled in managing pipelines that meet critical scheduling and closing deadlines. Experienced working in a "fast-paced and high expectation" environment demanding strong organizational, efficiency, and interpersonal skills. Trustworthy, well-rounded, and hard-working individual devoted to meet every aspect of company's requirements with a positive attitude, determination, and gratitude. Detail-minded, innovative, and resourceful in completing multiple tasks and always follows through with projects from inception to completion which will enhance the company's profitability and visibility.
Overview
30
30
years of professional experience
Work History
Loan Analyst
GUIDEHOUSE FINANCIAL SERVICES
New York, NY
12.2023 - Current
- Acts on behalf of the SBA as its fiscal transfer agent, facilitating secondary market defaults, payoffs and related interactions between Lenders, Investors and Stakeholders
- Retrieve all necessary information from Mainframe, reconcile payments, generate the appropriate transcripts and complete all post-processing procedures.
- Process payments on behalf of the SBA 7a loans.
- Tracks all incoming funds to the FTA accounts.
- Monitor a daily report of expected SBA loan payoffs.
- Quality control
Senior Loan Analyst/Underwriter
FIRST REPUBLIC BANK
New York, NY
06.2004 - 08.2023
- Managed a constant pipeline of 65+ loans averaging over $100MM Quarterly / $600MM Annually.
- Collaborated with a team of Relationship Managers, Managing Directors and Loan Executive Committee ensuring that all loans are processed in accordance with established mortgage guidelines rules and regulations.
- Work closely with clients, loan team support and third-party vendors to assess needs and evaluate risks during loan approval to closing the loan with the highest customer service level.
- Responsible for ensuring that all single and multifamily residential and commercial lines/loans are set up and processed in a timely manner while meeting all regulatory compliance and achieving a high level of customer service.
- Write loan narratives which include the analysis of client financials such as business and personal tax returns, financial statements, real estate schedules, liquidity positions, financial ratios and recurring sources of cash flow.
- Ensure that all mortgage applications are entered into the Bank processing system, order credit reports, appraisals and title reports.
- Underwrite loan to verify all income, assets and liability ratios are within guidelines before submitting for final approval.
- Verify all fees charged are accurate before sending out disclosures.
- Communicate with all parties involved on a timely manner.
- Work in partnership with a group of professional loan team support members, closers, funders and closing attorneys to meet processing deadlines and service levels from inception to funding the loan.
- Adhering to and complying with the applicable federal and state laws, regulations and guidance, including those related to Anti-money laundering, Bank Secrecy Act.
- Completing required trainings, identifying and reporting suspicious activity to the AML Officer and knowing and verifying the identity of any customer(s) that enters into a relationship with the Bank (KYC).
Team Leader/Mortgage Processor
CHASE MANHATTAN MORTGAGE
Forest Hills, NY
03.2002 - 06.2004
- Performed a variety of tasks, which involves managing a processing team of 10 processors as well as earning an individual pipeline of over 200 files.
- Assisted 30 loan officers in completing loans from application to closing.
- Managed a team pipeline consisting 750 loans averaging over $575MM.
- Supervised a team of loan processors to ensure that new mortgage loan packages are processed and completed according to established policies and procedures.
- Cross train other team members, when applicable.
Loan Processor
CHASE MANHATTAN BANK
Forest Hills, NY
05.1997 - 03.2002
- Responsible for a 300+ pipeline consisting of high maintenance borrowers, employee loans, dealing with all the boroughs as well as Connecticut, NJ and brokered out loans.
- Obtained Necessary information (loan applications, credit documents, appraisals, etc) to process and complete mortgage loan files.
- Verified all documentation for accuracy & completeness.
- Registered loans on origination system.
- Processed and prepared for closing retail mortgage loans (conventional, government, purchase, refinances. Jumbo, etc.) under various loan programs in accordance with policies & procedures. Including coops, condos, 1-4 family dwellings.
- Coordinate with loan officer, buyers, sellers, title companies & closing attorneys regarding loan submissions and loan closings.
- Calculate income (self-employed borrowers, partnerships, s-corps. rental income, etc); pre-underwrite the loans with brief history and summary attached before submitting to underwriting.
- Handle complex files.
Client Associate/Bank Teller
CHASE MANHATTAN BANK
New York, NY
07.1995 - 05.1997
- Responsible for handling all business and personal transactions consisting of deposits, withdrawals, new accounts & cross-sell various products.
- Responsible for end of day reconciliations of cash flows and end of day audits.
- Filing signature cards, telemarketing & meet & greet clients.
- Excellent communication & presentation skills.
Education
Bachelor's Degree - Accounting
University of Phoenix
PendingSkills
- AML/BSA/KYC
- Regulatory Compliance
- Microsoft Office Professional
- Small Business Lending
- Presentation skill
- Risk Management
- Administrative skills
- Various Banking and Lending softwares
- Mortgage Underwriting
- Communications
- Financial Analysis
- Project management
- Certified Lean Six Sigma
- Notary
Timeline
Loan Analyst
GUIDEHOUSE FINANCIAL SERVICES
12.2023 - Current
Senior Loan Analyst/Underwriter
FIRST REPUBLIC BANK
06.2004 - 08.2023
Team Leader/Mortgage Processor
CHASE MANHATTAN MORTGAGE
03.2002 - 06.2004
Loan Processor
CHASE MANHATTAN BANK
05.1997 - 03.2002
Client Associate/Bank Teller
CHASE MANHATTAN BANK
07.1995 - 05.1997
Bachelor's Degree - Accounting
University of Phoenix