Steve Patrick

Structure and manage a vehicle for community banks to diversify risk and/or raise capital on their distressed assets. Participants provide debt and equity financing. Drafted legal documentation; first closing pending.

Product Manager for correspondent loan portfolio. Grew from $23 to $35 billion. Chief strategist who built quantitative models and developed strategies to mitigate risk. • Led planning process • Modeled reserves, amortization, capital adequacy Strategy/research analyst for mortgages. Managed relationships with national accounts. Designed new products. Grew from $15 to $100 billion without unexpected credit losses.

Led cross-functional team (relationship managers and product specialists) providing financial advice to corporate clients. Solutions emphasized feasibility considering current market conditions. Engagements culminated in presentations to the CFO, CEO or board of the client. Completed hundreds of engagements. Authored three articles for the Journal of Applied Corporate Finance about state of the art financial strategies.

Corporate finance generalist serving large industrial clients. Executed: • Common Stock (including IPOs) • LYONs (zero coupon convertible debt) • Convertible Preferred Stock and Convertible Debt • ESOP Notes • Fixed Rate Preferred Stock • Public and Private Debt Analyzed mergers, acquisitions, LBOs, recapitalizations, spin-offs, divestitures and refinancings.

Analyzed strategic and operational issues for clients. Assignments included: • Formulated a large S&L’s strategy to pursue retail banking. • Collected and analyzed organizational charts and expense data for staff functions of food companies. • Evaluated a food distributor in the UK; determined which of four businesses to divest or retain.