shehanvidanage.comshehanvidanage.com/Resume_Shehan_Vidanage.docx · Web viewin multiple facades of mortgage banking (Correspondent Lending, Payment Processing, Specialty Product Servicing

SHEHAN A. VIDANAGEBusiness Analytics | Consulting | Project Mgmt | IT | Risk Analysis | Real Estate & Mortgage Banking | Process Improvement

21031 Parthenia St. #118, Los Angeles, CA 91304 (310) 467 2835 [email protected]

www.shehanvidanage.com

PROFILE / OBJECTIVE:

A charismatic business / technology professional possessing a B.S. Degree in Mathematics & Computing (First Class Honors), exceptional analytical and interpersonal skills, a voracious appetite for knowledge, and over 7 years of progressive experience in multiple facades of mortgage banking (Correspondent Lending, Payment Processing, Specialty Product Servicing and Default Servicing) within multiple roles (Underwriting and Risk Analysis, Business Analytics and Reporting, Project Management and Process Improvement etc.) within North America’s premier banking operation, Bank of America, seeks to develop solutions for new challenges while utilizing state of the art cutting-edge technology.

PROFESSIONAL ACCOMPLISHMENTS:

Fully automated the cumbersome and multifaceted Late Charge Month-End Reporting and Executive QA Reporting processes comprising of archaic iSeries, MS Access and Excel databases/spreadsheets, to obtain desired results in minutes rather than days (+3 days) ( Utilized T-SQL / DTS / Stored Procedures and VBA programming)

To comply with stringent loan modification regulations and hold error-free customer facing loan mod events, designed and developed from scratch a fully automated delinquent interest calculator for ARM mortgages that processed loans in bulk. (Amidst hazy requirements was able to devise a recursive T-SQL function and implement a DTS driven workflow together with a Reporting Services front-end that was later sought out by two separate tech teams.)

Reverse engineered 3 archaic legacy applications with inconsistent calculations (HWA, ERA & Impact Analysis) to develop a new robust model capable of performing accurate equity analyzes for multiple value scenarios. Established a new risk mitigating business process that utilized this to improve the department’s bidding strategy resulting in considerable cost savings.

Designed and implemented SQL Good-Thru-Date enhancement resulting in $68k monthly savings by eliminating wasteful orders.

In an environment plagued with severe lack of funding and technical resources (MST) that circumvented the implementation of critical business projects, leveraged available tools/resources to develop innovative MST level alternate solutions that negated the need for these high cost projects altogether.

I.O. Enhancements DSI-IO Work Around ARM Field Validations MAX UPB Forecasting Loan Audit QC Sampling

PROFESSIONAL EXPERIENCE:

Sr. Business Control Specialist - Subordinate Lien Management (Foreclosure) June 2011 – Present Bank of America – Simi Valley, CA

Completely eliminated all redundant manual processing involved with the daily 60 Day Sales workflow report Developed from scratch brand new iSeries reporting to monitor and track Appraisal/BPO orders placed by the LOB as well as to

monitor SLAs when they are received Developed a readily usable MS Access database reporting tool for the LOB to capture FIA ALS completions Remediated the inaccuracies prevalent throughout the Appraisal/BPO Ordering reports and 60 Day Sales reports (by building

accurate calculations for incorporating ‘fees’ and ‘delinquent interest’) Worked closely with the department SVP to develop and deliver several ad-hoc reports/analyzes (iSeries equity position change

analysis, YTD LBAC/ALS Data Analysis, GTD Analysis, Impact Analysis Data Analysis) Searched for and acquired remnants of BRDs and other technical documentation to understand legacy department applications

and coupled this with limited iSeries and SQL Server access in order to compile an intricate data mapping document pivotal to securing project funding

Established great rapport with the reporting team partners while providing guidance, mentorship and the sharing of knowledge in order to accomplish SLM goals

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mailto:[email protected]




Sr. Operations Project Analyst - Special Loans Servicing (SLS) Project Management Office (PMO) Aug 2009 – May 2011 Bank of America – Simi Valley, CA

Worked with the SLS business and MST (Mortgage Servicing Technology) to successfully implement technology projects (Neg Am Letter Mailstop Fix project, MSP-iSeries Floor Fix project, Fixed Rate IO DSI project, POA002 Enhancement project)

Followed the Six Sigma DMAIC methodology in developing project charters and BRDs in order to manage Special Loans projects Performed prompt and accurate reporting on Interest Only, Daily Simple Interest, ARM, Modification loans and other specialty

products for Sr. Management and compliance audits such as OCC (leveraging SQL Server Reporting Services and SharePoint)

Supported the Cash Remit PMO during the MSP to iSeries data mapping initiative involving the loan history file (Defect Analysis) Collaborated with finance partners, risk partners and other experts to compile vital project documents within stringent deadlines Supported the SLS business with technology issues as well as developing new process improvement solutions Performed all other Business Analyst duties utilizing experience and knowledge from prior role

Business Analyst - Payment Processing and Late Charge Review Departments Aug 2007 – Aug 2009 Bank of America / Countrywide Home Loans – Simi Valley, CA

Oversaw and performed reporting for the nation’s largest mortgage lockbox operation and Late Charge Review Department (Over 4 million checks and $5 billion in deposits per month / over $400 million in annual late charge income)

Presented data and trends to Sr. Management (VP/ SVP/ EVP and above) at monthly Late Charge QA conferences Collaborated with management and colleagues in Texas to develop annual budgets (+$10 million) and forecasts Reviewed P&Ls, invoices, and other expense reports and worked with the Finance Department to research aberrant trends Sourced data and variance explanations on follow-up action items for the Remit QA, POA QA and Late Charge QA Provided numerous payment, delinquency, and late charge data for internal and external attorneys on legal issues and lawsuits Compiled data and statistics on lockbox payments for various surveys and audits (S&P / Fitch / PwC / SOX) Sought out necessary business data and compiled CBAs (Cost-Benefit-Analysis) for the department’s tech and non-tech projects Developed workflows, process maps, value stream maps, four-blockers and leveraged other Lean Six Sigma tools Kept abreast of and researched new technology in business analytics to leverage these for existing business processes Participated and provided integral data for on-going projects (Preemption / MHA (Making Home Affordable) / AG Reporting etc.) Wrote procedures and documentation for existing and new processes as well as ratifying documents of others Provided training and assistance to teammates and other ancillary personnel Created numerous macros and automations to streamline several time consuming manual iSeries (AS400) processes, including

the documenting of loans, processing late charge waivers and book losses etc. 100% automation of numerous reports that are scheduled and delivered via formatted XML / HTML emails Developed and administered SharePoint and Discovery document management portals for Payment Processing

Sr. Underwriter Associate / Underwriter Associate – Correspondent Lending Division (CLD) Sep 2005 – Aug 2007Countrywide Home Loans - West Hills, CA

Daily underwriting review of at least 2 open Prime/Equity loans to Conforming (Fannie Mae / Freddie Mac) as well as investor guidelines (+$417,000) and made accurate risk determinations (Manual and AUS underwriting included)

Performed comprehensive and thorough reviews of credit reports, income / asset statements (personal and corporate tax returns, stocks / bonds and other retirement accts etc.) and collateral documents (deed of trusts, title work etc.), as well as appraisal and valuation review, to develop accurate and concise write-ups

Eloquently and effectively communicated Accept / Decline decisions to seller staff, mgmt., and in-house account executives Above and beyond customer service to acquire / remove underwriting stipulations thereby expediting the funding of loans

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Utilized expert knowledge of proprietary CLUES / CLOUT systems (Countrywide Loan Origination and Underwriting Technology / Countrywide Loan Underwriting Expert System) to support correspondent lenders and underwriters

Experienced in underwriting fee simple / leasehold / single-unit, 2-4 unit, Condo, PUD and Co-ops in all 50 states Consulted lenders / brokers / sales staff throughout the continental U.S. and Hawaii with questions on guidelines and other issues Familiar with federal / state laws and regulations (BSA / USA PATRIOT Act / FCRA / HMDA / Reg Z / Reg B etc.) Experienced in Ruby/Moonstone and other CLD GEMS modules as well as using Turquoise for report generation Developed a web portal for the RVU Group (Re-verification Underwriting) to channel employer/business verification data Prime Underwriting Branch Employee of the month (May 2006) / Team Employee of the Month (Jan 2007)

Loan Purchaser - Countrywide Home Loans - West Hills, CA Jul 2005 – Sep

2005 Sr. Bank Teller - Washington Mutual Bank (JP Morgan Chase Bank) - Woodland Hills, CA Nov 2004 – Jul

2005 Financial Associate - Citibank / Citigroup - Los Angeles, CA May 2004 – Nov

2004 Web Consultant / Developer - Revolution IT / Colombo, Sri Lanka Aug 2001 – Sep

2003

EDUCATION / TRAINING:

B.S. Mathematics and Computing (First Class Honors.) (2001) (Award for Academic Achievement) University of London, U.K. Certificate in Project Management (currently pursuing) (2011 - present) University of California Los Angeles Real Estate Principals / Finance / Practice (2005 / 2006) University of California Los Angeles Certificate in Real Estate Appraisal (2006) California State University of Northridge Programming (JAVA / PHP / VB.NET / Oracle 10g & Developer) (2007) Pierce College, Los Angeles, CA Visual Basic for Applications (VBA) with Excel and Access (2007) WVOC, Woodland Hills, CA

Completed 26 Mortgage Bankers Association courses leading towards residential underwriting certification (Certificate of Achievement and Professional Certificate in Residential Underwriting attained.) (2006 / 2007)

Attended and completed the Countrywide Foundations of Management workshop (2008) Completed Six Sigma Fundamentals at Bank of America (2009)

TECHNICAL EXPERIENCE:

Application Development

WebDevelopment

DatabaseDevelopment

Office/Automation

Graphics/Multimedia Other

Java (J2SE 1.2 - Java SE 7)

(Net Beans/Eclipse)

ASP.NET (v3-4)/ ASP(IIS v6-7)

MS SQL Server 2000-2005Express: 2008 - 2012 &

Reporting Services

MS-Project/Visio/ExcelAccess/Word/Power-Point (up to v2010)

Adobe Premiere(CS3/CS4/CS5) Minitab

VB/VB.NET(v5-6, 2003-2008)

J2EE - JSP/Servlets(Apache Tomcat)

Oracle 8i/10g & Developer (SQL*PLUS, PL/SQL)

SharePoint Designer InfoPath / FrontPage

Adobe After Effects

(CS3/CS4/CS5)R

C++ (Turbo C++(v4), Borland C++(v4), VC++

(v6-7.1)PHP mySQL (up to v5.0) Apache OpenOffice

(v3)Adobe Photoshop (CS3/CS4/CS5) Prolog

Borland Delphi (v1 - v5) JavaScript/VBScript PostgreSQL VBA Adobe Fireworks Standard ML (SML)

Pascal (Borland Turbo Pascal v6-v7)

HTML/HTML5.0/XMLDreamweaver MS-Access (97-2007) Windows PowerShell 3D Studio Max MS Assembly

Language

GWBASIC/QuickBASIC AJAX/jQuery DB2 / Teradata Windows Script (JScript/VBScript) Harvard Graphics AutoCAD

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Adobe Flex (v2-3) ActionScript (v2-3) CSS/CSS3 FoxPro / Dbase III/IV DOS Batch Files Autodesk

Animator Lotus 123

Android SDK Macromedia/Adobe Flash (v4 -CS5.5)

ODBC / JDBC / OLE DBADO.NET

IBM Lotus NotesDomino Developer Corel Draw Red Hat Linux

PROFESSIONAL LICENSES:

California Notary

(2006-2010) California Tax Preparer

(2007-2009) California Real Estate Sales Person

(2007-2011)

REFERENCES:

Nilanka (Neil) PrelisDirector, Cash Management

PennyMac

6101 Condor DriveMoorpark, CA 93021

(805) 330-4936 [email protected]

(818) 388-3452

James JudgeFinancial AnalystBank Of America

225 W Hillcrest DriveThousand Oaks, CA 91360


(805) 300-2156

Gabriel LamoureauxRegional Chief Appraiser

Bank Of America

Building A, 2565 W Chandler BlvdChandler, AZ 85224


(480) 980-1995

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shehanvidanage.comshehanvidanage.com/Resume_Shehan_Vidanage.docx · Web viewin multiple facades of mortgage banking (Correspondent Lending, Payment Processing, Specialty Product Servicing