Paul Porto

Senior Consultant at Compliability Solutions LLC
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Contact Information
us****@****om
(386) 825-5501
Location
Washington DC-Baltimore Area
Languages
  • English Native or bilingual proficiency

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Bio

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5.0

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Sue Bell

It was a pleasure to work with Paul at Carteret Mortgage. He was innovative, dedicated and focused on getting the job done. He was one of the key people who stayed with the company until the last light was turned off.

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Experience

    • United States
    • Financial Services
    • 1 - 100 Employee
    • Senior Consultant
      • Mar 2023 - Present

    • United States
    • Financial Services
    • 700 & Above Employee
    • Compliance Examiner Manager
      • 2009 - 2018

      I was most recently responsible for forming, training and supervising teams of up to eight professionals through complete audit processes, including initial assignment, status updates, work scope definition, and ongoing monitoring. In that regard, I authored, implemented and updated policies and procedures as needed and successfully navigated the entire process lifecycle, completing 97 compliance audits and playing a key role in another 152 during my tenure. I was very proud of developing the reputation for outstanding team leadership and subject matter expertise, and the four team members I mentored to higher audit leadership roles. If you’d like a more detailed description of my responsibilities and accomplishments, please do not hesitate to request my resume. Show less

    • Financial Services
    • 1 - 100 Employee
    • Director of Quality Controll
      • 2004 - 2008

      I was promoted to this position to promote, develop and deploy a comprehensive Quality Control Plan from scratch with up to six quality control analysts. Additionally, I authored investigation reports on potential fraud for lenders and regulatory agencies, tracked industry press and updated best practices per mortgage industry requirements.One of our major accomplishments was the significant results in 100% of all loan files with an 85% reduction in loan buy-backs and 68% less Mortgage Asset Research Institute (MARI) incidents during my tenure. Show less

    • Operations Manager – Lending Division
      • 2003 - 2004

      In this role, I supervised an 18-person team in overseeing $22M in lines of credit utilized for funding closed loans where I prepared and updated financial and managerial reports for divisional executives.The position required me to closely collaborate with preferred loan officers, borrowers, contract underwriters, title companies, warehouse line partners, lending division staff and administrative support. To ensure profitability, I disseminated, maintained, and ensured an understanding of the company, agency, and investor requirements so that the loans could and would be purchased by investors in a timely fashion. Show less

Education

  • California State University, Northridge
    Management

Community

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