Dan McGregor, a Senior Associate Consultant of RLR, has over 30 years of experience in management, banking and loan servicing, audit and compliance. Dan has underwriting experience with all types of corporate, commercial and consumer loans. He has sat on Audit, Technology and ALCO committees. Dan has been approved by both FDIC and DBO for Chief Credit Officer positions.

His experience includes:

• Reviewed credit memo underwriting and presentations
• Instituted policies and procedures related to loan compliance (Flood / HMDA)
• Annual Loan Policy review and update
• Supervised quarterly ALLL determination
• Credit Administration received good exam results from FDIC / DBO and established confidence with the regulators
• Responsible for Note Department and Loan Officers
• Directed Loan Committee, Pipeline Meetings, and presentations to DLC and Board of Directors
• Loan Compliance Officer and CRA Officer
• Introduced new ALLL methodology acceptable to regulators
• Re-vamped credit memo underwriting and presentations
• Reviewed and introduced quarterly CLR’s (criticized/classified loan reports)
• Experienced in workout loans
• Responsible for all credit employees and reviews (included the Note Department and Loan Officers)
• Instituted a CMS system for the Bank resulting in lifting/correction of the issues
• Experienced in writing very detailed loan policies which included construction loans, real estate (all types), SBA, and conventional credit underwriting parameters
• Assisted in complicated loan workouts, set up and design of new approval process (via two loan committees), attending all loan committee meetings (including Board). Re-wrote Loan Policy, worked with the Board of Directors, attended all senior management meetings, reviewed all credit actions, ALLL review and all board reports review, and worked with Bank regulators to remove enforcement actions
• Loan/ALLL reviews for five separate banks which included: determined and tested appropriate risk ratings, determined potential losses and or additional reserving, loan policy review and recommendations to modify the policy, ALLL review, methodology and amount, compliance review and audit
• Completed Loan Compliance review and prepared the ALLL/Loan Policy for several small DeNovo banks
• Bank review included ALLL (reserve adequacy / methodology) review and potential loss exposure review of loan portfolio (includes CRE, SBA 7(a), Express, and C&I)

Dan holds a Bachelor of Science, Business degree in Accounting and Finance from Pepperdine University, Malibu, CA.