Stephen Primosch

About Stephen Primosch

Experienced Vice President Financial Services with a demonstrated history of working in the non-profit organization management industry. Skilled in Sales, Financial Risk, Business Relationship Management, Risk Management, and Deposits. Strong finance professional with a MBA focused in Business from Frostburg State University.

Experience

1. Vice President, Financial Services

   Anne Arundel Economic Development Corporation Aaedc

   Mar 2012 — Present · Annapolis, MD, US

   Manages the Arundel Community Reinvestment Fund, Anne Arundel Incentive Fund, and the VOLT Fund. Supervises all aspects of the Financial Services staff of four. Develops new loan activity through marketing, referral network, and bank alliance partners. Underwrites all new loan requests and modifications. Conducts site visits, prepares financial spreads, analyzes corporate cash flow, personal cash flow, and collateral protection. Works with the Small Business Administration, Maryland Industrial Development Finance Authority, and Maryland Small Business Development Financing Authority guaranty agencies to obtain loan guaranties. Prepares a complete narrative underwriting package for presentation and discussion for the AAEDC Finance Committee and Board of Directors. Reviews closing documents drafted by the attorneys; ensure compliance with the terms of approval. Communicates with the attorney and borrower regarding issues to be addressed and represents AAEDC at closings. Manage current loan portfolios through communication with current borrowers to request information, resolving questions and any other issues. Prepare and presents the Portfolio Status Report at Board Meetings. Evaluate cash flow and collateral to adjust risk ratings and reserve as needed. Resolves problem loans through workout. Acts as lead for loan auditors and examiners, as needed.

Education

• Frostburg State University

  MBA, Business

  2000 — 2002

• Frostburg State University

  BS, Business Administration/Marketing

  1995 — 2000

• The Heights

  High School Diploma

  1991 — 1995

Skills

• Residential Mortgages
• Finance
• Commercial Mortgages
• Mortgage Lending
• Consumer Lending
• Funding
• Portfolio Management
• Loans
• Sales
• Banking
• Risk Management
• Executive Management
• Credit Analysis
• Business Development
• Loan Origination
• Deposits
• Underwriting
• Relationship Management
• Credit
• Commercial Lending
• Sba
• Lines of Credit
• Commercial Banking
• Financial Risk
• Small Business Lending
• Financial Services