John Raymond Pitre

Senior Vice President @First Security Bank

Little Rock, AR, US

Led a comprehensive feasibility study to assess the demand and strategic viability ofan equipment finance program, reporting directly to ownership and C-suite executives.Provided regular executive-level updates, outlining project timelines, keyrecommendations, and overall strategic direction.Conducted in-depth analysis across the company’s three primary business lines,identifying opportunities to integrate equipment financing into multiple product linesand securitize loans and leases as new revenue streams.Developed financial projections and pro forma models to compare the benefits andstructural differences between bank-led and vendor-led financing programs, as well asa hybrid approach.Designed and implemented all necessary documentation, including a formal creditapplication, rate sheets, vendor agreements, term guidelines, credit scoring models,and operational policies.Revised existing loan policies to seamlessly incorporate the new financing productwhile ensuring compliance with regulatory and risk management frameworks.Collaborated with software vendors and legal counsel to develop standardized creditmodels, risk assessment scorecards, and attorney-prepared loan and leaseagreements.Managed all aspects of the program’s development—including operations, credit,legal, compliance, documentation, and sales—without additional headcount.Aligned the program with existing loan, credit, and delinquency policies, positioning itfor scalability and long-term sustainability.Structured the program for future automation, minimizing the need for additionalpersonnel and reducing overhead costs.Successfully launched a vendor finance program within 13 months, providing newfinancing solutions to partners and customers while driving business growth.

The University of Southern Mississippi

Master's Degree, Business and Sports Management