LUCIANO M. ADAN JR.

144-23 Charter Road (4A)

Kew Garden Hills, NY 11435
Tel.No. 718-380-6913
OBJECTIVES: To provide a strong and dependable support in real estate mortgage
and corporate/institutional banking activities by way of an experienced and full
y knowledgeable mortgage, collateral financial, legal documentation risk analysi
s and credit risk management and review.
SUMMARY OF QUALIFICATIONS:
A seasoned real estate mortgage, financial, collateral and legal documentation a
nalyst, fully knowledgeable and dependable credit risk management and review per
son. Full familiarity with general real estate and corporate banking industry le
nding practices, rules and policies. Possessed with sufficient skill in interact
ing and communicating with management, colleagues, internal and external auditor
s (including Federal and State Examiners), lawyers, engineers, architects, appra
isers and other banking or investment managers and institutions relating to busi
ness portfolio performance and risk condition. Knowledgeable in asset sale, sec
uritization, syndication or participation of commercial loans, with other bankin
g, investment institutions. Team player, fast learner and can work independentl
y on a set of, and, established institutional credit and technological processes
and procedures. Well-versed and experienced in window-discounting with Federal
Reserve Bank of New York (FRB-NY) of bank's customers' promissory notes as coll
ateral pledge to support its borrowings from the FRB-NY. Highly driven and moti
vated in meeting and resolving business challenges.
EMPLOYMENT HISTORY:
(Jan.2006-Feb.2009) Federal Home Loan Bank of New York (FHLBNY)
Collateral Operations Department
30 Montgomery Street
Jersey City, NJ
Position and Responsibilities: Collateral Analyst
Provided strong assistance in the preparation of legal documentations (such as C
ollateral Pledge and Security Agreements, corporate documentation, UCC search an
d filings) to enable community savings banks to borrow against their mortgage as
sets. Evaluate document-agreements of pledgors with their Servicers and Custodi
ans to determine if Servicing or Custodian agreement complies with FHLB requirem
ents. Monitor pledgors' adherence to and compliance with FHLBNY's borrowing po
licies, rules and processes. Interact with community banks' officers, their ser
vicers and custodians in the evaluation and qualification and acquisitions of th
e mortgage assets for pledging. Review all mortgage documentations (Deeds/Trust
, Prom. Notes, appraisal, credit ratings of individual mortgagors) for pledgors
who are placed under "Possession" due to poor risk ratings to determine qualifi
cation of mortgage asset as collateral. Prepared documentation for releases of
pledgor's mortgage assets for securitization with FNMA or sale to other acquirin
g institutions. Raised legal red flags with FHLBNY Legal Department on legal iss
ues that may affect collateral qualification of pledgor and/or its assets for pl
edging.
(1995-12/31/02) Citigroup-Salomon Smith Barney
Global corporate & Investment Bank
Central Credit and Risk Administration
250 West Street Off-Greenwich St.
New York, New York
Position and Responsibilities. Senior Manager Credit Risk Administration.
Provided strong assistance to Relationship Managers (Corporate, Investment, Inst
itutional Recovery Management and Asset Sale Units) in project and corporate fin
ance or commercial loans (revolvers, term, synthetic lease financing and lines o
f credit) by assisting in credit analysis and evaluation for credit approval in
accordance with Corporate credit and Risk Policies. Undertook loan funding proc
esses; monitor portfolio performance and compliance. Provided legal review of c
orporate loan legal documentations to ensure completeness and proper execution t
o secure banks' lien and security interest, analyze loan and mortgage documentat
ion to determine compliance with bank credit policies and credit approval terms;
ensure timely capture of collateral recorded instruments (UCC-filings, recorded
collateral pledge and mortgage documents) hazard and title insurance policies.
Interacted and resolved outstanding documentation and financial discrepancies a
nd issues with Bankers, lawyers, title companies and Agent Banks and participati
ng Banks on syndicated/participated loans.
Assisted Relationship Managers in cross-selling, securitization, syndication and
participation of newly originated real estate or commercial corporate loans.
As Officer-in-Charge of Corporate Banking Units Note Pledging Desk, had increase
d the pledge customers promissory notes with the FRBNY from $600 Million to $2Bi
llion enabling the Bank to meet its collateral needs with the FRBNY during the B
ank's financial crisis.
(1989 to 1995) -Citicorp Real Estate Inc. (a Subsidiary of Citibank, N.A.)
Position and Responsibilities. Senior Credit Administrator.
Managed and administered loan portfolio of over $500Million outstanding consisti
ng mostly of building construction term/project financing loans, acquisition mor
tgage loans, coop/condo conversion, warehousing lines, lines of credit from pre-
closing to final pay-off; assisted Bankers in preparing construction budget ana
lysis and spreadsheets. Managed loan disbursement and loan funding. Ensured pr
ior funding requirements as provided in loan agreements are met (such as UCC-1 f
ixture filings, title clearance, appraisal/architect reports, environmental impa
ct report, insurance, mechanic's lien, taxes, property easements and encroachmen
ts; architectural/engineers report). Reviewed and evaluate draw package by line
item if within budget, reconcile soft and hard costs to budget and project rele
vance, tenant improvements, prepare funding spreadsheets, review draw requests a
nd its back ups and recommended and released funds upon proper bank officers' a
pproval. Performed site and customer visits to assist in project management. A
ssisted bankers in selling syndicating or participating loans and coordinated wi
th loan participants. Coordinated with customer and treasury unit on interest r
ate setting, booking and swap/hedge settlements; and interact with customers on
loan payments and investments (securities, CP, CD's Treasury bills or bonds) and
overdraft facilities.
(1986-1989) - Manufacturers Hanover Trust Company-New York (now JPMorgan Chase B
ank)
Real Estate Finance Division.
Position and Responsibilities. Documentation Analyst and Asst. to Section Head.
Performed similar functions and responsibilites above-cited under Citigroup/Citi
corp Real Estate Corp. Further, single-handedly packaged and pledged to Federal
Reserve Bank of New York $637 Million of Customers' Notes - the first pledging
activity successfully achieved by our Division.
EDUCATIONAL BACKGROUND
Bachelor of Arts (Political Science) Far Easter University, Manila, Philippines
Bachelor of Laws (LL.B) Far Easter University; Member, Philippine Bar
J.D (Equivalency Certificate) Brooklyn Law School, Brooklyn, New York
REFERENCES: Will furnish upon request. US Resident and Citizen
Computer Skills: Excel, Word, PowerPoint