Jonathan V. Zaretsky

Experience

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  GE

  Sept 1998 - Mar 2009

  Senior Underwriter, Global Valuation Team

  Conducted underwriting due diligence on office, retail, multi-family, military housing, low-income housing, hospitality, self-storage and manufactured housing mortgage applications for a provider of loan proceeds to real estate developers and equity capital via joint venture property ownership agreements. Performed asset inspection, cash flow valuation, profit and return analysis, market fieldwork and borrower background evaluation, including AML/KYC due diligence. Authored credit applications and presented due diligence findings and recommendations to Senior Risk Committee for final determination. • Underwrote mortgage transactions with proceeds exceeding $50 million on single-asset and multi-asset portfolio deals. • Led five-member deal team in the underwriting of a $165 million multi-hotel loan to Westmont Hospitality that resulted in net income of $7 million.• Played key role in underwriting a $25 million equity stake in a JP Morgan Capital Corporation multi-asset low income housing tax credit fund that resulted in $4 million in net income. Show less

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  GE Capital

  Oct 2010 - Sept 2015

  Senior Manager - Risk & Control

  Managed compliance assessment testing process on behalf of various GE Real Estate Risk Teams to ensure adherence to relevant operating policies and procedures as well as Federal Reserve requirements. Coordinated with GE Real Estate Risk Team members in drafting and formalizing policy, procedure and guidance documents related to real estate investment risk management and transaction performance-tracking. * Identified and interpreted critical controls contained within GE Real Estate Risk department procedures to produce detailed compliance audit work programs. * Performed compliance audits and assessments of real estate investment-related risk functions, including new business underwriting, environmental health and safety, property condition analysis, customer due diligence, transaction closing/funding and asset management portfolio monitoring and reporting. * Provided testing-based recommendations to senior leadership for improved processes and enhanced procedure language for optimum compliance. * Assisted in drafting procedures, including the incorporation of recommended process improvements at procedural renewal. * Completed over 20 compliance risk audits between 2012 and 2015. * Received GE Real Estate’s REAL Award in March 2012 for work related to compliance audits. Show less

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  Credit Suisse

  Oct 2015 - Jul 2017

  Director - Compliance Quality Assurance Lead

  Coordinate with and advise Compliance Business Units in the completion of the annual Risk and Control Self-Assessment to ensure risk and control profiling meet required standards. Conduct compliance quality assurance reviews of Credit Suisse Compliance Business Units to ascertain whether relevant compliance processes are adequate to meet their control objectives. * Lead the coordination of the Credit Suisse Compliance Risk and Control Self-Assessment process on behalf of the Regulatory Affairs, Control Room and Financial Crimes Compliance Business Units to determine their residual risk profiles and that identified mitigating actions are adequately documented and monitored to completion.* Plan, prioritize and schedule compliance quality assurance reviews in collaboration with various Credit Suisse Compliance Business Units based on factors such as internal audit findings and regulatory challenges.* Perform compliance quality assurance reviews utilizing process analytics tools known as the Front to Back (F2B) Framework, including on the regulatory rules tracking & mapping process.* Identify compliance process gaps during quality assurance reviews and recommend mitigating actions to remediate risk exposure.* Supervise and mentor Compliance Quality Assurance Team members in the execution of compliance quality assurance reviews.* Collaborated in the drafting of the Global Compliance Quality Assurance Review procedure. Show less

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  Barclays Investment Bank

  Nov 2017 - now

  Corporate Banking - International Product Governance Manager

  Conduct quality assurance reviews on behalf of the Barclays Corporate Banking Business to ensure compliance with applicable regulations, laws and rules and that the Corporate Banking Business’s processes meet their control objectives. Draft procedures on behalf of the Barclays Corporate Bank - New York Branch to ensure the consistency and continuity of processes and controls established by Barclays London Headquarters as well as to promote compliance with local regulations and laws. * Lead quality assurance reviews to assess the design of processes and controls related to the Corporate Banking Business’s monitoring, tracking and mapping of U.S.-based regulations as well as rules and guidelines issued by payment industry infrastructure providers such as Fedwire and Automated Clearing House.* Write business-related procedures to ensure product-related compliance with applicable banking regulations, including requirements related to the FinCEN CDD Rule, Anti-Boycott rules issued by the U.S. Department of the Treasury and U.S. Department of Commerce and client account notification requirements published by the Commodities Futures Trading Commission.* Liaise with Barclays Corporate Banking Product Management to draft process maps reflecting product-specific activities, including client on-boarding and transaction monitoring. Show less