Vera Stoddard

WORK HISTORY

EDUCATION

ABOUT VERA STODDARD

Credit Risk Certified banker with extensive credit management experience in commercial banking.Skills include: • Credit Team Management and Development Led and developed credit teams of underwriters, portfolio managers, and credit risk analysts. Identified individual strengths and talents and applied them to building effective and strong-performing teams. • Process OptimizationRestructured and optimized processes in loan underwriting and portfolio management by standardizing templates and implementing new software for spreading, credit analysis, and portfolio monitoring.• Credit Risk Management Built independent credit review function (2nd line of defense). Developed risk rating models for new commercial credit products. Participated in portfolio stress testing. Developed loan loss reserve models. Created credit procedures and guidelines for loan underwriting and portfolio management.• Project Management Managed credit portfolio audits conducted by external auditors. Ensured data integrity and timely deliverables by stakeholders. • Underwriting and Portfolio ManagementUnderwrote new commercial loans for CRE and C&I of $1MM to $100MM. Managed credit portfolio of commercial and consumer loans of $1.2 BN.• Special Asset Management Developed and implemented work-out strategies for problem commercial loans (C&I and CRE) and residential mortgages. Acquired, maintained, and sold OREOs. Worked with legal counsels to manage foreclosures and bankruptcies. Worked with SBA to receive full guarantee proceeds.• Commercial Credit Product Development Participated in developing new commercial credit products by writing credit underwriting guidelines, developing risk rating models, and conducting training for lending and credit teams. Product Knowledge:CRE loans (multifamily, retail, office, industrial, hotels), construction loans; unsecured and secured C&I loans, margin loans, ABL finance, structured trade commodity finance, equipment leasing, SBA 7(a), SBA 504, residential mortgages (Non-QM, Reverse). Areas of Expertise: Team Leadership, Credit Management, Commercial Lending, Loan Portfolio Management, Collateral Management, Underwriting, Special Asset Management, Risk Ratings, Credit Risk Management.Recognized as one of the Top 50 Women Leaders in San Diego 2023 by The Women We Admire https://thewomenweadmire.com/