JOHN A. SORICELLI SR.

9 Mellis Place
Valhalla, NY 10595 Cell- 914.557.2760 Email- jasoricelli@aol.com

CFO, Controller, Vice President, Transaction Manager, Mortgage Banker with over 20 years of success building teams and cultures that insure financial control and deliver dramatic performance improvement driving productivity, efficiency and bottom line profitability. A accomplished financial and operations manager with broad management experience and a demonstrated track record of operational and administrative improvements. Active participant in meetings with the Board of Directors, company owners, executive management committees and the FDIC. Creative problem solver with a talent for analyzing problems and designing solutions that increase operating efficiency, reduce costs and enable sound strategic decisions. Enthusiastic team player with strong interpersonal and communication skills. Competencies include: Leadership & Financial Management P&L and Cash Management Controls & Procedures Financial Planning & Analysis Financial Reporting System Implementation Purchase & Sale of Loans Mortgage Banking Securitizations Contract Negotiation Due Diligence Investor/Vendor Relationships

INDEPENDENT CONSULTANT

2009 - Present

Designed and implemented accounting systems (Accounting for Mortgage Bankers and QuickBooks) for clients. Developed a chart of accounts, converted historical data, developed financial reports, reconciled all inter-company and general ledger accounts, and implemented financial controls and procedures. Updated accounts payable and accounts receivable systems. Developed management reports to monitor cash flow and financial performance; trained company personnel to use the systems; developed business plans and workflow analysis. Helped design computer systems to facilitate the implementation of new products and services. 2007 2008

CHASE HOME FINANCE, Woodcliff Lake, NJ

Vice President-Financial / Transaction Manager Managed the purchase and sale of mortgage loans through both loan securitizations and whole loan sales. Negotiated and reviewed all legal documents including the prospectus. Coordinated all aspects of due diligence, pooling and settlement. Managed the activities of all transaction parties including investment banking firms, investors, internal and external legal counsel, loan servicers and public accounting firms. Completed the sale of over $8 billion in mortgage loans. 2006 2007

REAL ESTATE MORTGAGE NETWORK, INC., River Edge, NJ

Senior Vice President and CFO Directed the preparation and analysis of all financial materials including budget development, tracking and review. Analyzed monthly financial results and initiated corrective action as needed. Managed the payroll and human resources function. Primary liaison with financial institutions; negotiated, established and implemented operating and warehouse lines of credit. Managed the purchase and sale of mortgage loans, coordinated contract negotiation, due diligence and the pooling and settlement of transactions. Developed financial and accounting system controls; ensured the accuracy and integrity of all financial data; managed expenses aggressively; managed annual and state audits; coordinated state licensing applications.

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CHASE HOME FINANCE, Woodcliff Lake, NJ

2005 2006

Vice President-Financial / Transaction Manager Managed the purchase and sale of mortgage loans through both loan securitizations and whole loan sales. Negotiated and reviewed all legal documents including the prospectus. Coordinated all aspects of due diligence, pooling and settlement. Managed the activities of all transaction parties including investment banking firms, investors, internal and external legal counsel, loan servicers and public accounting firms. WMC MORTGAGE CORP., Orangeburg, NY 2004 2005

Vice President Funding and Post Closing Established a Northeast Regional Funding and Post Closing operation which managed; document preparation, closing, funding, post closing, imaging, recorded documents, file storage, tracking and delivery functions. Hired and directed the training of all staff in the respective areas. Established regional secondary marketing function greatly improving the efficiency between sales, operations and investors; and providing capacity needed for strategic growth. GLOBAL HOME LOANS AND FINANCE, Melville, NY 2003 2004

Senior Vice President and CFO Directed all financial functions including the preparation of financial reports, cash management, general ledger, accounts payable, payroll, human resources and accounts receivable. Managed financial planning and analysis including budget development, tracking and review. Primary liaison with financial institutions; negotiated and established operating and warehouse lines of credit. Managed purchase and sale of mortgage loans, through whole loan sales with financial institutions; coordinated contract negotiation, data integrity, pooling and settlement of all transactions. Established financial and accounting system controls; ensured the accuracy and timeliness of financial data; managed expenses aggressively; managed annual and state audits; coordinated state licensing applications. Developed all financial controls and procedures to transition a mortgage broker to a mortgage banker. Directed all warehouse financing and cash management functions ALLIANCE FUNDING, Orangeburg, NY 1987 2003

Vice President Collateralization and Securitization, 1992 2003 Managed the purchase, sale and securitization of mortgage loans. Directed the wiring of funds. Coordinated all due diligence activities with other functional areas including Sales, Operations, Credit, Risk Management, Compliance, Legal, Quality Control, Servicing, Accounting and Systems. Administered secondary marketing, collateral review, final certification, loan transfer, mortgage imaging, warehousing, wiring of funds, recorded documents, data warehouse and closing functions. Controller, 1987 1992 Managed all finance and accounting functions, cash management, audit, tax, investor relations, loan servicing, and payroll administration. Managed expenses aggressively; coordinated annual and state audits; coordinated state licensing applications. Participated in the development of strategic plans, operational initiatives and administration policy. Member of the Senior Management Committee. Assisted in the development and implementation of mortgage loan origination and servicing systems. MANUFACTURERS HANOVER TRUST CO., NEW YORK, NY 1979 - 1987 Vice President Financial Analysis and Planning (North American Division), 1985 - 1987 Assistant Vice President Financial Analysis and Planning (Real Estate Division), 1979 - 1985 EDISON SAVINGS AND LOAN ASSN., NEW YORK, NY Controller, 1978 - 1979 1972 - 1979

Masters of Business Administration (MBA) concentration Finance, Iona College Bachelors of Business Administration (BBA) concentration Finance and Accounting, Iona College 2 of 2