Jeff L.

Olson
8604 Blue Grouse Way
Blaine, WA 98230
Email: joa2bba8@westpost.net
Mobile:(206)-947-7788
Eleven years of senior level residential lending management experience with two
high quality community banks located in western Washington. Successful in sales
management, marketing, and leadership, focused on expanding markets and business
lines, managing profitability, building sales forces, product development and d
irecting process and production.
SUMMARY OF QUALIFICATIONS
*Successful recruiter, business developer and relationship manager
*Creative ability to solve complex problems within the Residential Lending Indus
try
*Proven ability to identify, analyze, and capitalize on market opportunities wit
hin the Residential Lending Industry
*Effective written and verbal communication skills with emphasis on policy initi
atives, product development and training and sales materials
*Skilled presenter and trainer to customers, clients and staff
PROFESSIONAL EXPERIENCE
Vice President, Residential Sales Manager 2008-2
010
Peoples Bank Bellingham, Washington
Accountable for achieving annual residential loan production and profit objectiv
es for a $1.1B privately held Community Bank with 28 branch locations and over 4
00 employees in Northwestern and Central Washington
*Produced $331M in 2008 and $565M in 2009 (exceeded production goals by 27% and
58% respectively) (100% retail production)
*Achieved profits of $1.2M - 2008 and $3.8M - 2009 (exceed budgetary goals in 20
09 by 316%)
*Directed 6 Loan Center Managers and 30 Loan Originators
*Recruited 4 new Loan Center Managers and 11 additional Loan Originators
*Led and managed initiative to implement web-based, consumer and loan officer, l
oan origination interface
*Spearheaded initiative to implement web-based, "best execution", pricing and pr
oduct management tool
*Re-designed Partner Banking program; affinity marketing campaign directed at em
ployee, trade and special interest groups (increased participation by 31%)
Senior Vice President and Manager, Residential Lending Group 1999-200
8
First Mutual Bank Bellevue, Washington
Accountable for loan production, profitability, and performance of residential l
ending business line for a $1.0B publicly traded Community Bank with 13 branch l
ocations and 350 employees located in Metro Seattle, WA
*Responsibilities included the oversight of secondary marketing, production (90%
wholesale-10% retail), operations, compliance, credit quality, product developm
ent, and sales management.
*Team leader in the strategic re-design and facilitation of the Bank's transitio
n from pure Mortgage Banking operation to a thriving Mortgage Banking/Portfolio
lender, specializing in high-yield custom-construction and "niche" portfolio "A"
paper loan products
*Designed, negotiated executive approval, and implemented the Bank's residential
portfolio and custom-construction programs
*Expanded the Bank's residential lending territory to three states
*Established the Residential Lending Department as the top business line within
the Bank in all key performance categories for five consecutive years
ADDITIONAL EMPLOYMENT EXPERIENCE
For the 5 years prior to joining First Mutual Bank, I worked as an Independent M
anagement Consultant to the Mortgage Banking Industry with focus on recruiting p
roduction teams and designing and implementing loan production strategies and ta
ctics.
In the years preceding my consulting experience, I served in a variety of mortga
ge banking management positions, including retail, wholesale, correspondent and
residential lending, branch and regional management, construction lending, wareh
ouse lending and secondary marketing.
I have also worked and held part ownership in companies that specialized in stru
ctured venture capital transactions, real estate development, and mortgage and e
scrow.
I began my career in 1971 as a loan officer, then branch manager for a small pri
vately owned thrift; Community Savings and Loan Association in Wenatchee Washing
ton.
EDUCATION AND TRAINING
Victor Valley High School 1966-1968
Diploma Victorville, CA
Victor Valley Community College 1968-1970
Undergraduate work (no diploma) Victorville, CA
US Savings League School for Executive Development 1973-1
974
University of Washington - Certificate Seattle, WA
Leadership Reno - Community and Executive Leadership Program 1984-1985
Reno/Sparks Chamber of Commerce - Certificate Reno, NV
PROFESSIONAL AND COMMUNITY AFFILIATIONS
*Seattle Mortgage Bankers Association
*Habitat For Humanity - East King County
TECHNICAL SKILLS
*MS Office tools; Word, Excel, PowerPoint, Publisher, Outlook, Multiple Loan Pro
duction Platforms
*Certified Instructor - Financing & Business Management
Washington State Department of Licensing - Real Estate Services