Dereck Torres currently serves as the Vice President and Chief Lending Officer at National Bank of Malvern, where he leverages his extensive expertise in financial accounting and economic analysis to drive strategic lending initiatives. With a solid foundation as an Assistant Vice President and Senior...
Dereck Torres currently serves as the Vice President and Chief Lending Officer at National Bank of Malvern, where he leverages his extensive expertise in financial accounting and economic analysis to drive strategic lending initiatives. With a solid foundation as an Assistant Vice President and Senior Underwriter, Dereck has honed his skills in underwriting, credit analysis, and risk management, making him a pivotal figure in the bank's commercial real estate (CRE) and commercial and industrial (C&I) lending sectors. His role encompasses overseeing a diverse portfolio of loans, where he applies his adeptness in asset-based lending and capital markets to optimize financial performance.
One of Dereck's key projects involves the meticulous review of construction budgets, appraisals, and environmental reports to ensure compliance and mitigate risk. His analytical prowess is further demonstrated through his work in projecting and stress testing the bank's portfolio mix, which is essential for maintaining a robust risk management framework. Additionally, Dereck plays a critical role in determining the Allowance for Loan and Lease Losses (ALLL), ensuring that the bank is well-prepared for potential credit losses.
With a focus on fostering strong relationships with clients, Dereck excels as a relationship manager, effectively balancing the needs of borrowers with the bank's risk appetite. His comprehensive understanding of cash flow dynamics and commercial mortgages allows him to provide tailored financial solutions that drive growth and profitability. As a thought leader in the lending space, Dereck Torres continues to enhance the bank's lending strategies, positioning National Bank of Malvern as a trusted partner in the financial landscape.
