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DAVID E.

RUSSELL, MBA,SME
Loveland OH 45140 513-697-6981 drussell453@gmail.com

SENIOR RISK MANAGER


Resourceful and accomplished Senior Risk Manager offering extensive experience developing, monitoring and auditing policies, procedures and practices within the financial services industry. Specific expertise in consumer lending, Basel II capital requirements, BSA/AML initiatives and the Dodd-Frank Act. Able to grasp the big picture, focus on critical details, and prioritize multiple initiatives. Self-directed, proactive leader who can build and motivate high-performance teams, and cultivate strong partnerships with key stakeholders. Viewed as a trusted advisor and business partner to executive management. Committed to adding value and exceeding expectations through collaborative problem solving, attention to detail, intuitive business judgment, and disciplined decision making.

AREAS OF EXPERTISE
Asset Quality Assessments Capital Calculations ICAAP Components Operational Risk Reviews Retail & Commercial Loans Loan Operations Credit Standards Regulatory Compliance GAAP / FAS Standards Internal / External Audits Process Improvement Project Management

PROFESSIONAL EXPERIENCE
JEFFERSON WELLS INTERNATIONAL, Cincinnati, OH 2005 2010 Risk Advisory Services Consultant Consulted on banking and mortgage banking engagements with emphasis on Basel 11, asset/liability risk management, regulatory/compliance audits, and loan credit review for regional, national, and international clients. Major Projects th International Bank, New England (4 Quarter 2010) Assessed covered FDIC sale of a $2 Billion regional bank. The acquisition was reviewed to meet regulatory compliance tolerances across all portfolio segments using the Banks Basel II internal methodologies. Credit rating buckets (corporate, retail, or other categories) were utilized to determine risk weighted exposures. Assets were analyzed using ICAAP to meet Pillar II capital requirements. Regional Bank, Central Ohio (2 and 3 Quarter 2010) Performed compliance audit related to the Bank Secrecy Act, Anti-Money Laundering Act with scope of review based on the Federal Financial Institutions Examination Councils (FFIEC) BSA/AML Examination Manual. Audited compliance with U.S. Patriot Act including Office of Foreign Asset Control Act (OFAC) requirements. Evaluated overall integrity of the BSA/AML compliance program to include policies, procedures, and processes. Tested risk-based transactions for record keeping and reporting requirements (CIPs, SARs, CTRs and CTR exemptions and information sharing requests). Reviewed efforts to resolve violations/deficiencies noted in prior audits; provide adequate staff training; and the effectiveness of the suspicious activity monitoring systems. Regional Bank, Kentucky/Ohio (4 Quarter 2009) Audited potential acquisition of $400 million loan portfolio. Reviewed commercial loan portfolio and all classified assets for independent valuation and appropriate reserves. Compared rating system of selling bank to purchaser and noted exceptions. Recommended re-classification where necessary. Reviewed collateral and financials for debt support. Updated reserves for appropriateness. Global Bank ($4 trillion in assets under management), Chicago, IL (3 Quarter 2007 through 4 Quarter 2009) Over a three year period performed the Basel II adequacy assessment for over 200 lines of business utilizing ICAAP. Partnered with team using an Enterprise Risk tool (Fitch OpVar) to create a consistent review (5-6 per week) based on complexity. Determined loss reserves, liquidity risk, counter-party risk, security risk, wiretransfer risk, disaster-recovery risk, credit and market risk, forecasting analysis for a 10-year time frame involving 75,000 decisions. Created a qualitative analysis on loan terms; analyzed loan review and credit policy; and made recommendations to senior management. National Bank - Leasing Division, Cincinnati, OH (3 Quarter 2005 through 4 Quarter 2006) Led a five person team to address tax consequences at the county, city, and state-level. Managed relationships with senior bank executives, taxing authorities, and third-party vendors. Reconciled and remediated taxes on 15,000 parcels of leased personal property for a five year period. Reviewed tax bills and reconciled differences.
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DAVID E. RUSSELL 513-697-6981 drussell453@gmail.com

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PLAINS CAPITAL CORPORATION, Dallas, TX 2004 Senior Vice President Integrated correspondent banks (+100) end loan programs into $3 billion bank holding company by implementing standard products and procedures. Expanded scope to include mortgage bankers and nationwide brokers to create a new distribution channel. Negotiated contracts for potential acquisition candidates. MERCHANTS BANK AND TRUST, West Harrison, IN 2002 2003 Senior Vice President, Chief Lending Officer Managed the lending function (commercial, residential, consumer) including loan operations, audit review, collections, and ORE management for a $130 million portfolio. Enhanced the FHLMC tier servicing rating. Boosted loan production 80% through automation, developing new loan products, adding investors, improving execution in the secondary market, and establishing a formalized training program. Increased pre-tax income by 250% to $750K, which represented over 50% of the banks total income. UNION SAVINGS BANK, Cincinnati, OH 2000 2002 Vice President Solicited and underwrote commercial and residential loans in the Ohio, Indiana, and Kentucky markets through a network of 125 mortgage brokers. Conducted credit reviews and pre-purchase audits. Developed portfolio loan products for niche properties outside secondary market standards while underwriting these credits to specific investment and credit criteria. Located new branch sites for the existing franchise. Identified acquisition candidates, performed due diligence, and recommended purchase options to Board of Directors, leading to the successful acquisition of a $150 million per year Indiana originator. HOME FEDERAL BANK, Hamilton, OH 1997 2000 Senior Vice President, Chief Lending Officer Directed the lending function including commercial, real estate, installment, loan operations, loan review and collections on a $300 million portfolio. Developed and updated loan policy guidelines to ensure asset quality and profitability including collection, recovery, and real estate / asset loss mitigation. Implemented loan growth and retention to meet corporate expectations, and initiated a construction loan program. Identified and established 75+ correspondent loan brokers in the Midwest, producing volumes of $150+ million in 1998 and 1999, a 300% increase over 1997 levels while reorganizing the entire division. Generated pre-tax income of more than $1.2 million in 1998 and 1999. VICTORIA BANK AND TRUST, Victoria, TX 1994 1997 Senior Vice President, Consumer Lending Manager Centralized, developed, and managed the mortgage function for a $4 billion regional bank with 42 branches in 35 communities. Formulated and introduced a one-time construction to permanent loan program serving home builders in 35 markets. Adopted universal laptop usage and configured three limited access markets. Increased retail production over 100% in 12 months, generating $50 million per month prior to acquisition with 85% representing purchases (not refinances) with an average pre-tax net income of 75 basis points. Implemented comprehensive secondary market enhancements, improving pricing through volume delivery, and minimizing document delivery exceptions. Created the banks fair lending initiatives that included creating an affordable housing department, which interfaced with Community Home Buyer Programs and grant funds. Prior Experience: Held various positions in the mortgage banking industry including Regional Sales Manager directing mortgage origination activity in 53 area bank branches; President and Founder of a de novo mortgage company; and Senior Vice President / Mortgage Manager directing seven branch offices generating closing volumes of $150 million per month in retail production.

EDUCATION
Master of Business Administration American Graduate School of International Management (Thunderbird), Glendale, AZ Bachelor of Arts Trinity University, San Antonio, TX

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