Independent Contractor

Freelance & Contract

Professional, motivated, career-oriented individual with extensive experience in Credit Union Industry specializes in Accounts Payment, Accounts Receivable, Consumer Loan Finance, Collections, Loss Mitigation, Legal, Loan Servicing, Compliance and Risk Management.  Seeking a position in which I may continue to grow professionally, and intellectually as well as share my knowledge and experiences with a team who is willing to learn and grow along side of a great leader.

• Start-up companies in Accounts Receivable and Debt Collection/Recoveries
• System implementation (Defi-Solutions, Simplicity)
• Office set up (location, desks offices, cubicles and telephone systems)
• Accounting System set-up (GLs, Checks, Office Management AR/AP files)
• Business to Business (SBA) Collections (i.e. Jessica Simpson, FUNFITFAB, Boomer Naturals)
• Assisting organization both start-up and growth phases with minimizing financial loses by analyzing debt portfolio
• Find resolution tools and products to reach debt ratio/recovery rates
• Tactics include payment extensions, write-offs
• Employ effective staff, resume review, interview, hire, on-boarding
• Create and Write Policies and Procedures
• QA Reviews in accordance with FDCPA, TCPA and other applicable Laws, Rules and Regulations
• Vendor Management Administrator:
? Contract Review
? Contract Validation
? Vendor Management Review/Due Diligence (CFPB, BBB, Policy & Procedure Review, Social Media Complaints and Reviews, UDAAP verifications, Determine relationship level)
• Accounting Principles, Reconciliation of Department and Company GLs, Lending Portfolio Analysis, Loss Analysis, Profit Analysis, and Credit Risk.

• Oversee Collection Portfolio for US, Canada and Mexico Accounts
• Business to Business collections Fortune 500 companies (i.e. Whirlpool, Nestle, Robert Bosch, Nissan)
• Met regularly with investor banks regarding account status (Wells Fargo, FUYO, Tokyo Century, Bank or America)
• Responsible for hiring additional Collection Staff (from 2 to 8)
• Train staff in non-systemic forums of company (currently only using Excel for Aging Report, Trust Accounts etc.)
• Update policies and procedures
• Headed major escalation project on the top 20 troubled accounts
• Spearheaded Reconciliation Project for all customers in Mexico and US
• Full Cycle AP/AR (Document Verification, Invoicing, Portal Billing Uploads, GL Recon, Treasury, AR)
• Issued Findings Report to the Executive Team and the business partners with all supporting documentation
• Issued updated invoices as needed to include identification numbers for collateral, invoice number, PO number, location of collateral, monthly charge, and grace days before the invoice would be considered late

SBA Portfolio Collections Manager

• Write Executive Summaries regarding applicable Regulations and State Laws
• Attended webinars and seminar regarding Regulatory Updates to ensure organizational compliance was compliant
• Update company Policies and Procedures to avoid potential gaps regarding law, rules, regulation and state law
• Execute Gap Analysis Reports to business units with potential risks and findings regarding regulatory and state laws
• Manage team staff meetings for updates and training

Lending Compliance Representative

Company Closed May 2016
• Oversee production of funding for dealership indirect loans
• Write policy and procedures to enhance funding guidelines
• Implantations of system: Defi Solutions, Megasys
• Assisted with Dealer Track & DMV Titling
• Meet with Dealership GM, F&I and Sales Managers for loan growth and opportunity
• Assist partner dealership with restructure of F & I process for streamlining

Funding/ Operations Manager

• Manager group of nine (9) employees
• Oversee loan production, processing, underwriting and Collections
• Performance Reviews
• Update policy and procedure
• Training of staff
• Collateral protection administrator
• Skip Trace software administrator
• Hire of staff
• Audit loans
• Amortization of loan
• Ensure system accuracy for loan automated decisions, matrixes, payroll deductions, share transfers
• Assisted accounting with figuring the accounts which had misapplied payments
• Readjusted GL journal entries (ex: discount fees GL and or interest income GLs)
• Credit member's account to adjust accordingly
• Responsible for tracking all physical inventory of repossessed vehicles
• Reviewed historical on losses and placed allowance to loan loss based on the findings
• Compose Board reports with all information pertaining to but not limited to active loans, losses, repossession, errors in billings, outstanding invoices, and potential expected losses to come
• Maintain updates on vehicles place at various dealership on consignment
• Posting of all incoming payments or credits as requested by member/client

Consumer Loan and Collections Manager

Credit Union Merged June 2015
• Developed in-house Collection Department
• Hire of staff
• Training of staff
• Policy & Procedures
• Handled all aspects of Collection Department
• Risk Management
• Lending Portfolio Analysis
• Internal Lending Audits
• Monitor Collection Calls from 10 days delinquent to Charge-off
• Collateral Protection Insurance Administrator
• Small Claims Representative
• Bankrupt Accounts
• Both Consumer and Mortgage Loan
• Home loan modification
• Financial assessments for modification request
• Assisted accounting with figuring the accounts which had misapplied payments
• Readjusted GL journal entries (ex: discount fees GL and or interest income GLs)
• Credit member's account to adjust accordingly
• Responsible for tracking all physical inventory of repossessed vehicles
• Reviewed historical on losses and placed allowance to loan loss based on the findings
• Compose Board reports with all information pertaining to but not limited to active loans, losses, repossession, errors in billings, outstanding invoices, and potential expected losses to come
• Maintain updates on vehicles place at various dealership on consignment
• Posting of all incoming payments or credits as requested by member/client

Lending Compliance Manager

• Handled all aspects of Collection Department
• Lending Portfolio Analysis
• Internal Lending Audits (including but not limited to loan recast, loan amortization)
• Collection Calls from 10 days delinquent to Charge-off
• Collateral Protection Insurance Administrator
• Small Claims Representative
• Bankrupt Accounts
• Negative Shares
• Both Consumer and Mortgage Loan
• Manage Force Place Insurance
• Manage Levied Accounts
• Updated Collections Policy and Procedures
• Train staff as needed
• Assisted accounting with figuring the accounts which had misapplied payments
• Readjusted GL journal entries (ex: discount fees GL and or interest income GLs)
• Credit member's account to adjust accordingly
• Responsible for tracking all physical inventory of repossessed vehicles
• Reviewed historical on losses and placed allowance to loan loss based on the findings
• Compose Board reports with all information pertaining to but not limited to active loans, losses, repossession, errors in billings, outstanding invoices, and potential expected losses to come
• Maintain updates on vehicles place at various dealership on consignment
• Posting of all incoming payments or credits as requested by member/client
Implemented Mortgage Loan Modification Program (specific for Downey Federal Credit Union)
• Home loan modification Supervisor
• Risk Analysis
• Review home loans for modifications
• Debt to income and housing to income ratios
• Property values
• Financial assessments for modification request
• Liaison between staff and auditor/examiners both NCUA & Supervisory Audits

Collections Manager

Find out detailed information about Cesar Camacho, Independent Contractor in Ontario, CA

Cesar Camacho: Independent Contractor in Ontario, CA

Cesar Camacho