Joseph Marchese
Executive Vice President, Chief Credit Officer @National Capital Bank
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WORK HISTORY
Executive Vice President, Chief Credit Officer @National Capital Bank
Washington, DC, US
Highly seasoned Chief Credit Officer, EVP, member of Executive Team. Governs all lending and credit activity, loan review, credit policy and residential mortgage with loan authority equal to President or CEO. Significant contributions beyond primary duties. • Instrumental in guiding bank’s record portfolio growth with insignificant loan defaults <.01%. • Established sound credit culture, creating new lending policy and practices to middle market standard. • Sponsored the outsourcing of the bank\'s compliance function and CECL compliance. • Authored revised lending policies. • Cured regulatory MRAs by correcting Methodology and spearheading exemplary improvement in asset quality. • Promptly reduced criticized assets through rehabilitation and re-collateralization. • Turned around $7M loss to $6.5M profit in 1 year and negotiated conversion of over $6M in unsecured marginally performing assets into secured performing assets. • Corrected corporate culture and philosophy that restored loan portfolio performance to excellent levels. • Streamlined loan analysis and approval process, and loan level stress testing. • Outside CPA audits and bank regulatory exams had excellent results over these managed areas for past 6 years.
EDUCATION
Florida International University - College of Business
Bachelor's Degree, Business Administration/ Management / Int'l Business Double-Major
Graduate School of Banking at LSU
MBA level - working executive non-degree program, Banking, Corporate Finance, and Securities Law
ABOUT JOSEPH MARCHESE
Joseph Marchese is a C-level executive with extensive success in setting and meeting aggressive growth and profit goals in regional and community banks nationwide. CCO at banks up to $4.9B. Credit and Compliance Culture builder and Policy Author, he has earned a reputation for helping bank and non-bank organizations out of difficult periods and transition into growth and record profitability. Via capital and senior debt restructuring has assisted private equity acquisitions and exit transactions while at larger national banks. Directs rehabilitation or exit of troubled loan portfolios leading to restored performance. Effectively manages multiple business lines simultaneously. Develops powerful consensus by leading and building strengths of disparate units, fostering teamwork and goal-focused dedication. Good marketing strategist, guiding development of new products or marketing existing products to new revenue sources. • Primary contributor to removal of regulatory orders at 4 banks. • Sponsored strategic moves to outsource chief compliance functions, re-alingned and CECL. • Designed lending and capitalization solutions that revived financial strength at private and public companies leading to acquisition by iconic global companies. Provided assistance to PE funds in these pursuits in combination with senior bank debt. • Primary approver of loan portfolio growth increases at all banks employed. • Designed streamlined credit analysis and stress testing model for CRE and C&I lending presentations. • 100% success in 4 consecutive bank turnarounds, including 2 during economic recession. • Led diligence of 12+ targeted banks resulting in 8 successful acquisitions. • In first year at two companies, turned around $500K loss to $16.5M profit and from $7.1M loss to $6.6M profit through loss recoveries credited to P&L. • Turned around portfolio and rescued $7M in potential losses; negated need to raise capital from investment sources that cleared path for new CEO to establish growth as priority versus stemming flow of losses. • Exemplary experience managing attorneys in litigation matters and strategies (zero cases lost).
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