Summary
Work History
Education
Skills
Professional Development And Training
Timeline
Generic

SARAH FREDERICK

Omaha

Summary

Dynamic and results-driven professional with a robust background in banking, notably working with distressed loans. Excelled in risk management and compliance, demonstrating a keen eye for detail and a collaborative spirit.

Work History

Special Accounts Management Unit (SAMU) Specialist II

BMO Bank
  • Serve as the Department's Business Continuity Coordinator, responsible for executing all necessary business continuity deliverables
  • Process non-legal invoices for SAMU Officers promptly to ensure timely payment to third party suppliers
  • Serve as a liaison between SAMU Officers and law firms to process legal budgets and legal invoices in TyMetrix 360
  • Prepare monthly legal budget reports for Finance and for the SAMU Officers
  • Complete weekly and monthly SCRA Department of Defense searches, ensuring compliance
  • Assist with various audit requests
  • Act as the Department's primary contact in Information Security activities
  • Support management with administrative tasks to ensure smooth and efficient operations

Senior Reporting Analyst, Assistant Vice President Managed Assets Group (MAG)

BMO Bank
  • Prepared detailed reports for Managed Assets Group, enhancing decision-making process
  • Collaborated with auditors to ensure compliance, improving audit efficiency
  • Served as a liaison between Managed Assets Group and Commercial Loan Servicing
  • Ensured timely and accurate processing of transfers in and out of Managed Assets Group, risk grade and accrual status changes and charge-offs
  • Built loan files for new transfers into the Department, supporting MAG Officers effectively
  • Ordered UCC searches, credit reports and assets searches for MAG Officers

Mortgage Loan Processor - Front End

I3 Bank
  • Verified loan application accuracy, ensuring compliance with TRID and banking policies
  • Reviewed and verified borrowers' income, credit reports, and employment histories for loan approval
  • Ordered appraisals, title work and flood certificates to support loan processing
  • Completed HMDA reporting
  • Served as back up to the Mortgage Loan Closer
  • Led the initiative to convert the bank's in-house loan products to complete E-closing

Special Assets Senior Loan Assistant

CIT Bank
  • Conducted initial loan file reviews, identifying critical issues such as lien position, real estate tax status and insurance coverage and completed SCRA check to ensure compliance
  • Prepared weekly portfolio reports for the Special Assets Group
  • Produced monthly Problem Loan List and Minutes which included updates on the Watch, Criticized and Classified loans
  • Coordinated due diligence items required for new/renewal documents which may include ordering credit bureau reports, title work, flood certificates, appraisal reports, UCC searches, good standings, etc
  • Monitored ticklers and collected financials, tax returns, and insurance information as required by Commercial Loan Agreements
  • Worked directly with customers, loan officers and lending services area in a variety of customer service activities such as researching discrepancies and resolving issues
  • Responsible for servicing of loans, i.e
  • Process payments, collect insurance, verify current real estate taxes and request payoff quotes
  • Ensured compliance with banking policies, lending practices and regulatory process statutes
  • Supported audits and regulatory exams, contributing to risk management and compliance
  • Assisted in non-performing note sales
  • Provided support on disposition of OREO properties
  • Served as Secretary on Risk Assessment Committee

Commercial Banking Executive Administrative Assistant

Access Bank
  • Prepared detailed monthly and quarterly reports for the Board of Directors
  • Monitored financial compliance, ensuring adherence to loan agreements and regulatory standards
  • Managed loan servicing, efficiently processing payments and insurance requirements
  • Ensured compliance with banking policies, lending practices and regulatory process statutes
  • Coordinated construction loan draws, verifying real estate lien status with title companies
  • Supported management with administrative tasks, contributing to seamless operations

Special Assets Credit Analyst II

Bank of the West
  • Completed initial review of credit files when transferred to Special Assets to verify several critical issues such as lien position, real estate tax status and insurance coverage
  • Responsible for updating relevant lien searches, credit reports, asset searches and appraisals
  • Continually tracked all UCC continuations, real estate taxes and insurance coverage to keep in compliance with regulatory and legal requirements
  • Collaborated with Account Officers to prepare payoffs, loan modifications and documents for attorneys and commercial borrowers
  • Processed commercial customer payments and prepared general ledger tickets for recovered funds
  • Spread financial statements using the Bank's standard spreadsheet software (Moodys)
  • Communicated directly with Bank attorneys, commercial customers and title companies as needed
  • Prepared legal files for attorney referral
  • Ensured compliance with banking policies, lending practices and regulatory process statutes
  • Assembled loan and credit files for examiners

Education

Business Program -

Metropolitan Community College
Omaha, Nebraska

Skills

  • Risk Management
  • Compliance
  • Audit
  • Detail Oriented
  • Team Player
  • Deadline Accomplished
  • Word
  • Excel
  • Powerpoint

Professional Development And Training

  • MPF University, Bennington, Nebraska, The Basics of Loan Structuring, How to Review an Appraisal, Eligibility and Underwriting for MPF Traditional Product
  • Risk Management Association, Omaha, Nebraska, Analyzing Business Tax Returns, Analyzing Personal Financial Statements
  • Bank of the West, Omaha, Nebraska, Paul Buker's Tax Analysis 1 & 2
  • BAI - Institution of Financial Education, Omaha, Nebraska, Communication Skills for Business

Timeline

Special Accounts Management Unit (SAMU) Specialist II

BMO Bank

Senior Reporting Analyst, Assistant Vice President Managed Assets Group (MAG)

BMO Bank

Mortgage Loan Processor - Front End

I3 Bank

Special Assets Senior Loan Assistant

CIT Bank

Commercial Banking Executive Administrative Assistant

Access Bank

Special Assets Credit Analyst II

Bank of the West

Business Program -

Metropolitan Community College

Similar Profiles

  • Pamela Bravo

    Pamela BravoPamela Bravo

    Associate Teller at BMO BankAssociate Teller at BMO Bank

    View Profile
  • Rafal Prokop

    Rafal ProkopRafal Prokop

    Senior Vice President Premier Relationship Manager at BMO BankSenior Vice President Premier Relationship Manager at BMO Bank

    View Profile
  • Lisabeth Gatica

    Lisabeth GaticaLisabeth Gatica

    Branch Manager at BMO BankBranch Manager at BMO Bank

    View Profile
SARAH FREDERICK