Lorrae Mattix's Email

Highly skilled in cash flow and asset-based lending; proficient in developing relationships with key customers by consistently delivering on commitments; able to work cohesively with cross functional teams to solve business issues; proactively assume leadership roles; and, capable of evaluating complex information and presenting findings clearly both written and verbally.

VP - Portfolio Management @ Manage a credit portfolio of $200+ million to ensure customer retention; coach team members on underwriting and portfolio management risk decisions; review performance monitoring assessments and risk classifications for junior team members; conduct financial analysis and modeling to evaluate performance and assess risk; perform valuation analysis; assist in the underwriting process from initial structuring and pricing through proposal issuance and acceptance to final closing; and, present and defend analysis to management. Accomplishments: • Analyzed financial performance, conducted financial modeling, completed due diligence and evaluated collateral to underwrite new money; approve additional funding on development lines of credit; obtain approval for consents to include collateral releases and new ownership structures. • Manage the customer retention process including coordinating data across multiple regions and functions, manage ENI walks with Finance, provide Finance with weekly estimates of fee income and unscheduled run-off by quarter and present to Senior Leadership in weekly business updates. • Appointed Ombudsperson for the Scottsdale, AZ office; nominated for and attended the Personal Leadership Strategies course at Crotonville; and became Communications Co-Leader for the GE Women’s Network Phoenix Steering Committee. • Maintained portfolio review, financial statement collection, covenant measurement, and risk classification metrics at 100% on a quarterly basis. From September 2014 to Present (1 year 3 months) Scottsdale, ArizonaAVP - Portfolio Management @ Managed a credit portfolio of $200+ million to ensure customer retention; conduct financial analysis and modeling to evaluate performance and assess risk; perform valuation analysis; assist in the underwriting process from initial structuring and pricing through proposal issuance and acceptance to final closing; and, present and defend analysis to management. Accomplishments: • Won the 2013 Growth/Customer Hero Award for saving a strategic customer and delivering the tough messages to non-strategic borrowers. • Analyzed financial performance, conducted financial modeling and completed due diligence to underwrite an $8.8 million transaction with award to close in 18 business days after flying out with one day’s notice to save the customer relationship. • Teamed with Sales to save a strategic relationship by resetting pricing, extending term and underwriting the transaction with award to close in 27 business days. • Formed cross functional team to simplify the Development Line of Credit process resulting in an 18% decrease in process time and $60M/yr in customer legal costs. • Co-managed the customer retention process including coordinating data across multiple regions and functions to present in weekly meetings with Senior Leadership. • Organized and trained new Risk employees to Franchise Finance on the business, key risk triggers for franchise financing, collateral valuation and systems. • Maintained portfolio review, financial statement collection, covenant measurement, and risk classification metrics at 98+% on a quarterly basis. From January 2012 to September 2014 (2 years 9 months) Scottsdale, ArizonaSenior Underwriter @ Manage a credit portfolio of $375 million, which includes all credit facilities greater than $7.5 million; individual loan authority of $5 million and overline authority of $1 million; conduct financial analysis and modeling to structure deals and mitigate risk; met service level agreement (SLA) requirements for new and increase requests; and, underwrite, recommend and support loan requests to present in writing and verbally to corporate risk management. Accomplishments: • Analyzed financial performance, completed due diligence and assessed credit worthiness for 23 new and increase requests resulting in an additional $176 million in credit lines in 2011. • Completed 65 annual and exception reviews, in addition to successfully restructuring loan terms on struggling credits by working cohesively with Portfolio Management, Special Assets, Commercial and Legal Teams. • Recognized as a 2010 Q2 Smart Growth Hero for financial expertise and a desire to engage customers by forging prudent risk structures acceptable to customers. • Completed SimpLean project to reduce process time 25% per month by implementing a process to simplify preparing the business unit’s metrics report for Corporate Risk Management. • Business unit team lead for the Workflow Consolidation Project, Workflow Optimization Project Phase 1 and transition to the updated version of FileNet, P8, to identify processes, gaps, design, test and train internal stakeholders. From September 2009 to January 2012 (2 years 5 months) Tempe, ArizonaCredit Analyst @ Effectively provided accurate financial assessment and insight in structuring credit facilities; individual loan authority of $1 million and overline authority of $500 thousand; analyzed financial statements and operational performance to ensure compliance with terms; interfaced with customers to obtain information and restructure loans; and, coached team members on annual reviews. Accomplishments: • Collaborated with internal and external customers to negotiate and restructure loan terms to decrease aged inventory and bring principal payments current. • Developed a process to streamline and simplify the review format for accounts with credit lines less than $5 million. • Successfully co-managed the implementation of FileNet for the RV branch to ensure high utilization of the system through support and training. • Actively participated in a LEAN event to simplify and reduce the application to activation process for new and increase requests: median cycle time was reduced 50% on the first 13 new files run through the process. • Played a significant role in the team’s goals to reduce the past due $10 million and below credit facility annual reviews from 49% to 5% and then maintained the past due reviews less than 10%. • Proactively took on a leadership role within the Underwriting Team to assign annual reviews and monitor results. From September 2006 to September 2009 (3 years 1 month) Tempe, ArizonaAccount Manager @ Successfully managed operational portfolio of $132 million resulting in no losses in assigned portfolio; collected principal payments to maintain loan-to-value on financed inventory; established strong relationships with customer and the Commercial Team; trained and mentored team members; and, co-led the RV migration to a new customer online payment system by presenting and training internal and external customers on the new program. From October 2004 to September 2006 (2 years) Tempe, ArizonaAccount Specialist @ Support Account Manager in monitoring portfolio performance by following up on collateral relocation and maintaining dealer information systems. Process buyouts of other lenders and dealer to dealer transfers of inventory. From May 2003 to October 2004 (1 year 6 months) Tempe, Arizona

B.S., Business Administration @ University of Wyoming From 1995 to 2004 Lorrae Mattix is skilled in: Credit Analysis, Underwriting, Portfolio Management, Credit Risk, Credit, Commercial Lending, Financial Risk, Risk Management, Banking, Financial Analysis, Financial Modeling