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STEVEN D'ORAZIO

82 Arrowood Court Staten Island, NY 10309


917-751-1141 sd67068a@westpost.net
Management / Finance
Warehouse Lending, Whole Loans, Student Loans, MBS Financing, SWAP
Dynamic Operations expert and accomplished Middle Office leader with more than 1
3 years of experience impacting a multibillion-dollar Warehouse Lending and Who
le Loan Businesses. Self starter and strong independent worker that is a motiva
ting leader with proven ability to effectively manage both personnel and project
s. Excel at analyzing products and procedures to generate new ideas to improve
efficiency and product quality. Highly adaptable to changing circumstances.
PROFESSIONAL EXPERIENCE
UBS, LLC / UBS Real Estate Securities, Inc. Jersey City, NJ (2000-Oct.2009)
Operations Manager, Associate Director/ Mortgage Origination Services Group & W
hole Loan Servicing
* Responsible for liaising with trading desk, clients and managing operations su
pport for a whole loan finance group. Led team during business wind down and of
ficial closing of business. Previously, at market peak, oversaw staff of 15 wit
h a $20 billion book.
* Assumed additional responsibilities of project to get liquidity injections fro
m Swiss National Bank. Managed sale of toxic assets including U.S., U.K. whole
loans, and U.S. student loans. Continued to manage these processes post sale by
Liaising with SNB trade desk as well as two Fund Custodians. Prepared position
, trade and cash break reports.
* Led the coordination of transferring whole loan servicing group from Stamford
to New Jersey. Learned new processes, systems, trained new staff, and implement
ed new controls to improve process.
* Began development and specs for new whole loan system to increase the efficien
cy and data integrity of uploading data to loan database and process servicing
tapes monthly
* Led design of new Web-based customer friendly Data Transmission System to faci
litate business transactions. Prepared and coordinated system enhancements, wri
tten requirements, testing, and implementation of new warehouse mortgage funding
platform. Reduced staff by five full time employees.
* Assisted on the development of the automation of accounting journal entry flow
s and specs for detailed report to identify any issues for new Web-based loan sy
stem
* Prepared and reviewed monthly P&L analysis with traders and BUC on a specializ
ed loan workout program to refinance, modify or sell loans that were heavily mar
ked down on the books
* Managed multiple groups in different locations including an Off-Shore team in
Bangalore. Organized weekly meeting with Off-Shore team to review current tasks
and discuss any potential for expansion.
* Managed entire accounting aspect for newly acquired whole loan servicing group
in Irvine, CA., including the approval of journal entries, and all internal and
external wires
* Extensive risk reporting and analysis, including SOX certifications completed
for all necessary reports.
PAINEWEBBER, INC. /PaineWebber Real Estate Securities, Inc., New York, NY (1999-
2000)
Traders Assistant, MOSG - High Profile Mortgage Clients
* Responsible for all processes and key contact person for 5 high profile Mortga
ge Companies.
* High level of Client Service and reliability led to increased Wet line credit
limits to facilitate funding levels; worked closely with Business Unit, Client a
nd Credit Department.
* Processed multiple daily funding tapes through a collateral analyst database r
eassigned to my group. Including use of CAS to crack tapes and ensure data inte
grity of mortgage loans uploaded to database
* Interact with entire client base (mortgage originators, document custodians, d
isbursement agents, credit department and business groups); serve as key contact
between customers and senior management.
* Facilitated daily cash requirements for business unit by managing all incoming
and outgoing funds. Ensured integrity of all funded collateral, and that all c
lient lines were within limits and sub-limits
PAINEWEBBER, INC. /PaineWebber Real Estate Securities, Inc., Weehawken, NJ (1997
-1999)
Intern / Operations Funding Coordinator
* Data Entry of funding wires being sent directly to homeowner closings.
* Responsible to reconcile daily loans funded with client to avoid mortgage loan
closings not to be funded.
* Served as liaison between mortgage customers, and collateral custodians to ass
ure the certification of mortgage closing documents.
EDUCATION
St. Johns University, Staten I
sland NY
Bachelor of Science Degree in Finance / Accou
nting (1998)
LICENSES & SKILLS
NASD Series 7, CFA Level I Candidate
CAS 3.0 (Collateral Analyst
System)
Bloomberg, Keylink 3.0 (Swift), Microsoft Office Products

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