Munesh Sakhrani

Experience

• 

  PennyMac Loan Services, LLC

  Nov 2010 - Mar 2017

  SVP Mortgage Fulfillment
• 

  City National Bank

  Mar 2017 - now

  SVP, Lending Operations

  Responsible for leading all functions of Residential Lending, including inside sales, operations, credit, loan servicing, compliance, and business strategy, overseeing a $27B portfolio.Key Accomplishments:• Increased mortgage portfolio by 175% and home equity portfolio by 50% by expanding product offerings and enhancing marketing strategies.• Achieved a 90% improvement in loans per employee and a 46% reduction in cost per loan through automation, role micro-segmentation, and strategic staffing initiatives.• Implemented an integrated LOS / POS platform uniting mortgage and home equity processing with e-close capabilities, improving overall cycle times and a decrease in loan boarding time from 3 days to 30 minutes.• Successfully managed 50+ internal and external audits annually with zero serious or significant findings.• Created a CRA loan purchase program to meet regulatory requirements.• Developed new product and bundle offerings to capture a larger share of client assets and streamline credit and pricing processes.Top Job Ownership Areas:• Directed operations for Residential Lending and cross-functional teams to align with business objectives.• Implemented innovative solutions to streamline workflows, resulting in reduced turnaround times and improved cost management.• Maintained impeccable audit records and led compliance-focused initiatives to meet regulatory standards.• Led the adoption of technology to enhance client experiences and operational scalability.• Expanded business channels and developed targeted strategies to foster growth and increase application volume. Show less