German Sanchez

Work History

Work History
Oct 2011 - Mar 2012

Fund Accountant in Financial Reporting

Citco Fund Services (Contract through agency)

·Responsible for the preparation and drafting of annual financial reports and the compilation of core financial statements for Hedge Funds with portfolios ranging in size of $100M to $2 Billion.

·Used Excel to calculate gains & losses for positions on securities & derivative transactions, NAV of fund shares, performance & expense ratios, fee accruals, etc.

·Ensured compliance of statements & disclosures with FASB pronouncements and GAAP prior to auditing by E&Y or PWC.

·Resolved technical issue with large Excel documents using Visual Basic and developed tutorial to troubleshoot issue which was then distributed across all teams and eliminated need to resort to IT support staff. 

Jun 2011 - Sep 2011

Credit Analyst Intern

Capital Bank SSB

·Assisted VP and Senior Analyst in the due diligence and appraisals of residential and commercial properties to underwrite real estate investment projects and restructure the bank’s portfolio of OREO properties

·Conducted global cash flow analysis for borrowers using rent rolls and tax information.

·Researched local market for trends in rent rates to determine the viability of repayment from loan requests

·Assessed independent third party appraisals and valuations of properties in the El Paso Texas region for accuracy

·Analyzed varying risks of default on outstanding loans using loan-to-value, debt-service-coverage ratios, etc.

·Redesigned bank’s key and password control system & retired loan file archiving process onto a digital platform.

·Trained operation staff to apply new methods