Vaco Resources Banking is lead by Carlos Jimenez Director of Banking. Carlos comes to Vaco LLC with a vast experience in the banking industry in the USA and Internationally. Carlos is a multidisciplinary banker and business manager with diverse experience in the USA, South American and European market and banking organizations. His hands-on expertise is in establishing new markets, tackling big difficult projects and turning around business franchises has been proven over the years in multiple institutions and markets. His broad experience in the Business Development, Credit, Branch Operations, Regulatory Compliance and Management areas has given him a unique advantage in understanding and resolving enterprise wide challenges. Among the banking institutions Carlos has served are: Banco Santander, Wachovia Bank, Fleet Bank, Capital One and others.

When do you need VACO Resources Banking?

• Due Diligence (When Acquiring)
• Credit Operations
  • Policies and Procedures
• Loan Review (Commercial, Industrial, Construction and Consumer)
  • In compliance with a C&D Order
  • Improve Capital Ratios
  • Review of Loan Reserves
  • Documentation Review
• Loan Workout (Commercial, Industrial, Construction and Consumer)
  • In compliance with a C&D Order
  • Reduce non performing loans
  • Modifications
• Compliance Issues
  • Credit Files Compliance
  • After acquisition to comply with KYC, CIP
• Responding to a Cease and Desist Order
  • Policies
  • Procedures
  • Committee Compliance
  • Board of Directors Compliance
  • Report Generation Compliance
• IT systems integration
  • Policies
  • Procedures
  • Updating
  • Firewalls
  • Disaster Recovery Site

VACO Resources Key Differential Factors:

EXPERIENCE!

I. Our consultants have served some of the finest Financial Institutions in the USA:

1. JP Morgan Chase/Washington Mutual - Seattle, WA
2. Bank of America (Mortgage, Securities. Retail)
3. SunTrust
4. Ally (GMAC)
5. AmSouth - Birmingham, AL
6. ABN AMRO - Miami, FL
7. Security Bank - Miami, FL
8. Ocean Bank - Miami, FL
9. Intercredit Bank - Miami, FL
10. RG Crown Bank - Orlando, FL
11. Capital One - Tampa, FL
12. RG Financial - San Juan, PR
13. Eurobank - San Juan, PR
14. Scotia Bank - San Juan, PR
15. Banco Santander - San Juan, PR
16. Citibank - San Juan, PR

II. Our loan expert associates have:

1. Local Market Knowledge
2. All are experienced bankers
3. Multiple Language skills (English, Spanish, Portuges)
4. Complete knowledge of regulatory compliance
5. Some have worked as field regulators for the FDIC and the OTS

VACO Resources Areas Of Expertise:

1. Regulatory Compliance

1. Investigations
2. Litigation Reports
3. Forensic accounting
4. Fraud Detection and deterrence
5. Due diligence review and training
6. Money Laundering (AML)
7. Bank Secrecy Act (BSA) developing compliance systems and procedures, transactional reviews (look-backs), preparation and delivery on compliance requirements, development and/or update of AML/BSA/OFAC compliance risk assessment, preparation of suspicious activity reports (SAR's).

2. C&D Response

a. Review and implement C&D corrective orders across the organization

1. Board of Directors (Agenda, Dept. Presentations and Corrective Action documentation, monitor BOD meeting minutes)
2. Senior Management (Report Generation to BOD and oversight)
3. Organizational re-alignment
4. Process & Procedures
5. Training
6. Disposition of contaminated assets and loan portfolio sale
7. Branch Network re-configuration and asset sale

b. Prepare dated responses to regulator

1. Submit progress reports to the BOD
2. Respond to the regulators responses

3. Management Oversight

1. Review of Internal Practices, Policies and Procedures
2. Information Technology
3. Branch Operations
4. Loan Administration
5. Collections
6. Telemarketing
7. E Commerce

4. Temporary Staff & Temp. to Permanent

Our temporary staff has multiple expertises in Commercial Real Estate, Mortgage Loans, Commercial Loans, Consumer Loans, Agricultural Loans and Construction Loans. This expertise has been used for:

1. Loan Review
2. Loan Workout and settlement services
3. Collections
4. Telemarketing
5. Administrative Assistant