J. Michael Wray
Quincy
Summary
Accomplished Credit Risk Review Manager with expertise in credit risk assessment and regulatory compliance. At Sunflower Bank, led the creation of a new department, achieving 40% loan portfolio coverage. Proven leader in staff development, enhancing team capacity and responsiveness. Skilled in project management, driving efficiency and accuracy in credit review processes.
Overview
30
30
years of professional experience
1
1
Certification
Work History
Credit Risk Review Manager
Sunflower Bank
Dallas
01.2021 - Current
- Lead the Credit Review Department for an $8 billion bank, overseeing credit risk assessment and reporting.
- Develop and execute annual and quarterly Credit Review plans, ensuring alignment with regulatory standards.
- Hire, train, and supervise credit review analysts while managing and presenting quarterly reports to Enterprise Risk Management and Audit Committee.
- Identify elevated risks within the loan portfolio, ensuring accurate risk ratings on individual credits.
- Collaborate with Internal Audit and Compliance departments to streamline credit review processes.
- Established a new Credit Review department that improved risk assessment accuracy.
- Achieved a 40% coverage goal of the total loan portfolio annually.
- Utilized automation tools to improve credit review efficiency significantly.
Credit Manager
Dot Foods
Mt. Sterling
01.2016 - 01.2021
- Managed the Credit Department for an $8 billion company with a $300 million accounts receivable portfolio.
- Supervised a team of credit analysts and specialists, setting account review priorities and managing operational budgets.
- Developed formal risk rating systems and protocols to enhance portfolio risk management.
- Reduced delinquency rates by 15% and cut unearned discounts by $5.6 million.
- Expanded the Credit Department workforce from 6 to 14 members, enhancing overall capacity and responsiveness.
Manager, Risk Advisory Services
RSM
Davenport
01.2013 - 01.2016
- Oversaw credit review services for multiple state clients, ensuring compliance with regulatory standards.
- Led credit review engagements, identifying necessary improvements for client financial operations and governance.
- Facilitated consultations for banks under regulatory agreements, assisting in lifting restrictions.
- Developed standardized procedures for credit reviews, increasing efficiency across the firm.
Risk Management Officer
Farmers and Merchants Bank
Hannibal
01.2000 - 01.2013
- Created and managed comprehensive credit review, internal audit, and compliance audit departments.
- Acted as primary liaison with regulatory authorities, developing effective risk management strategies.
- Successfully lifted a Memorandum of Understanding (MOU) through improved credit practice methodologies.
- Implemented pre-closing compliance audits that eliminated recurring violations, saving the bank from penalties.
AVP Credit Review
Carolina First Bank
Greenville
01.1999 - 01.2000
- Established and executed a credit review program for a $2.5 billion bank.
- Conducted detailed documentation and collateral analysis on commercial credits.
Vice President of Credit Administration
Banterra Bank Corp.
Marion
01.1996 - 01.1999
- Developed and structured loan approval processes to minimize loss exposure.
Education
Bachelor of Arts - Business Administration, Finance and Management
Augustana College
Rock Island, Illinois05.1989
Skills
- Credit risk assessment and review
- Risk rating systems and methodologies
- Regulatory compliance
- Project management and planning
- Staff development and training
- Work prioritization
Affiliations
Masons and Shriners, Member, 25 years; served as Secretary and Treasurer for 10 years.
Certification
- Certification in Credit Review, Bank Administration Institute, 2000
- Certified Community Bank Internal Auditor, Independent Community Bankers Association, 2002
References
References available upon request.
Timeline
Credit Risk Review Manager
Sunflower Bank
01.2021 - Current
Credit Manager
Dot Foods
01.2016 - 01.2021
Manager, Risk Advisory Services
RSM
01.2013 - 01.2016
Risk Management Officer
Farmers and Merchants Bank
01.2000 - 01.2013
AVP Credit Review
Carolina First Bank
01.1999 - 01.2000
Vice President of Credit Administration
Banterra Bank Corp.
01.1996 - 01.1999
Bachelor of Arts - Business Administration, Finance and Management
Augustana College