Damian Penichet

Experience

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  Florida International University

  May 2003 - May 2007

  Student Financials Representative

  • Assisted students with their customer accounts and tuition information• Collected payments for tuition, fees, and student transcripts• Filed and organized daily, monthly, and annual financial statements

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  Ocean Bank

  May 2007 - Oct 2009

  • Performed credit underwriting on new and existing customer credit requests• Analyzed customer financials and tax returns to determine risk of credit exposure• Prepared presentations for board members on new credit requests• Researched commercial and real estate markets to compare customers and clients to industry standards• Assisted supervisors and executives on miscellaneous bank projects • Updated the President and Chief Financial Officer on recent trends in the bond and stock markets• Assisted division officers with spreadsheets and reports• Reconciled the division’s General Ledger accounts• Received online information from correspondent banks for the daily maintenance of the bank’s different accounts• Prepared journal entries for Federal Funds Sold to corresponding banks on a daily basis• Monitored all incoming and outgoing cash from other bank branches

  • Credit Analyst

    Feb 2008 - Oct 2009

  • Investment Representative

    May 2007 - Feb 2008
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  Coconut Grove Bank

  Nov 2009 - Mar 2012

  Credit Specialist

  • Prepared reports for board members on watch and classified assets, loans past due, new and renewed loans, loan policy exceptions, and Other Real Estate Owned (OREO)• Prepared FAS 114 Impairment Analysis to determine fair market value of collateral on substandard and special mentioned loans• Assisted Chief Credit Officer with evaluating loans under FAS 5 methodology• Conducted appraisal reviews on properties that serve as collateral for new and existing real estate loans• Ordered appraisal reports as requested by Loan Officers and Chief Credit Officer• Assisted federal examiners and external auditors with their examinations of bank’s loan portfolio• Performed credit underwriting on borrowers with established loan transactions Show less

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  PROFESSIONAL BANK®

  Apr 2012 - Aug 2016

  Senior Credit Analyst

  • Performed credit underwriting for all types of loans including Commercial, Commercial Real Estate, Construction, Residential Mortgage, and Home Equity Lines of Credit (HELOC) loans.• Performed financial spreads including financial statements and tax returns for preliminary evaluation of credit and write up presentation to Credit Committee.• Completed Term Loan reviews and Revolving Line of Credit (RLOC) renewals for existing loan portfolio.• Performed all due diligence procedures required by the Bank on new and existing customers.• Analyzed and review Borrower’s business method of operation, financial condition, operating performance, and industry to determine repayment ability.• Assisted Loan Officers and Chief Lending Officer with preparing commitment letters before transmittal to potential customers.• Prepared agenda as well as record and maintain minutes of the Bank’s Credit Committee meetings. Show less

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  PROFESSIONAL BANK ®

  Sept 2016 - Aug 2023

  Vice President - Client Management Group

  • Assist in product and service development to ensure customer satisfaction and financial institution profitability. Recommend upgrades, elimination or future development of under-performing products and services and development or introduction of new products and services when necessary.• Maintain frequent interaction with business clients.• Evaluate potential customer loan requests and make loan recommendations to management.• Maintain and expand the knowledge base of commercial non-real estate and real estate activities in the market area by developing and participating in marketing programs, site visits, literature reviews and networking• Interview loan applicants to develop information concerning their businesses, needs, abilities and earnings to determine whether a loan may be an acceptable risk.• Proactively identify issues and restructure loans to mitigate potential risks.• Provide constructive input to management in order to streamline and improve loan services for the benefit of the customer and the financial institution.• Offer recommendations and actions to improve loan strategies with products and services when necessary.• Perform basic credit analysis and present transactions in conjunction with analysts for approval. Show less

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  Banesco USA

  Aug 2023 - now

  VP, Relationship Manager - Premier Banking