Jack Porter

Experience

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  CMB Regional Centers

  Aug 2011 - Jul 2018

  • Fund Control Account Manager - Manage $372 Million in EB-5 funds to date• Monitor and review mezzanine loan reporting requirements for portfolio of limited partnerships - CMB portfolio contains 66 Limited Partnerships valued at approximately $2.6 Billion• Manage the development of EB-5 private placements• Travel internationally to meet with potential investors and consultant agencies to present private placements• Travel domestically across entire country to inspect project sites and meet with developers• Oversee work product of Loan Compliance Associate who is responsible for review and analyses of quarterly and year-end borrower-submitted financial reports Show less • Provided high-level administrative support to the CEO and owner of two emerging SMB’s• Coordinated and controlled the flow of business activities from both companies to the CEO• Managed the company aviation department (Embraer Legacy 650 and Phenom 300) and provided key administrative and logistical functions such as insight and opinion on flight operations where cost effectiveness and length of travel time are paramount. Travel considerations include fixed and variable costs associated with private business aviation Show less • Calculated unemployment data to verify our investment offerings qualification status. Ensured unemployment data was to be accurate for submission to United States Citizenship and Immigration Services (Department of Homeland Security) for review. Unemployment rate is correlated to the subscription price and qualification status for each investor.• Calculated unemployment data for every state in the U.S. down to the census tract level• Established professional relationships with State level and local government entities to acquire Targeted Employment Areas (TEA) approval letters• Networked to build project pipeline and compile due diligence items necessary for the review of potential projects• Analyzed cash flow models for new commercial enterprises seeking EB-5 financing• Produced business plans, overviews, and marketing materials (offering documents) for potential investors• Attended trade conferences marketing company structure and offerings to attorneys Show less

  • Compliance Officer & Senior Project Analyst

    Nov 2015 - Jul 2018

  • Executive Operations Manager

    Feb 2014 - Nov 2015

  • Senior Project Developer

    Aug 2012 - Feb 2014

  • Project Development Assistant

    Aug 2011 - Jan 2013
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  Fortress Bank

  Aug 2018 - Jan 2021

  Commercial Credit Analyst

  Strategic Analysis:Prepared and delivered Credit Approval Memorandums for Commercial & Industrial (C&I) and/or Commercial Real Estate Loans for new requests, renewals and/or modifications. Memorandums and summaries were presented to senior management and Loan Committee and supported credit recommendations.Loan requests amounts varied between $100,000 - $10,000,000.Provided financial statement analysis which examined historical and projected liquidity, leverage and cash flows in support of underwriting of customers' credit exposure.Used ratios, trend analysis and industry information in support of credit recommendations and conclusions.Identified cash flow and recurring and non-recurring sources of cash flow.Tracked collateral, loan documents, and other customer information in support of the Bank's credit decisions and compliance requirements. Duties were performed in a timeline driven, dynamic work environment while providing outstanding service to a multi-level internal customer base.Interpersonal:Drove communication between lenders and borrowers prior to, and during, analysis of a credit request. Communication revolved around document requests, detailed explanation of growth or decline of reported financial figures, and general updates from the borrower.Communicated with banks that participated in Fortress Bank's credit exposure in excess of $8,000,000. Communication included exchange of financial reporting, credit modifications and decisions, and committee approval dates.Managed expectations between commercial lending staff as to when particular loan requests would be submitted for loan committee review based on workload and priority. Commercial portfolio has approximately 200+ credit relationships.Attended events on behalf of the Bank to network and actively grow Bank’s client and customer portfolio. Show less

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  Vibrant Credit Union

  Jan 2021 - Sept 2021

  Commercial Relationship Officer
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  BEN FARRAR & CO.

  Sept 2021 - May 2022

  Producer

  Personal and Commercial Property & Casualty Insurance.

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  Matt Fitzpatrick State Farm

  Mar 2022 - Aug 2023

  Agent Aspirant

  Certified in Personal and Commercial Property & Casualty, Life, Health & Accident

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  State Farm

  May 2023 - now

  Agent Aspirant Ben Forney State Farm