Steven Drake

Current

• Senior Business Manager - Collateral & Credit Policy at Fannie Mae

Past

• Business Liaison/Project Manager at Veros Real Estate Solutions, Inc.
• Mortgage Compliance Consultant, Allterra Group at Collateral Risk Solutions
• Compliance Consulting Professional - Financial Services at Jefferson Wells International

4 more...

Education

• University of Washington
• Pacific Coast Banking School
• National University

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Recommended

4 people have recommended Steven

Connections

173 connections

Industry

Financial Services

Steven Drake’s Summary

COMPLIANCE / OPERATIONAL RISK PROFESSIONAL
Steve Drake has over twenty years experience in compliance, operational risk management and general management. He has overseen, written or managed policy, procedural and operational manuals for various entities. Steve has managed and supervised staffs ranging in size from six to thirty-five, with oversight of up to 520, and has excellent capabilities in personnel hiring, performance reviews, mentoring, and when necessary, release. He monitors changes in the regulatory environment daily, keeping up-to-date with pending, enacted and proposed laws, regulator guidance and statutes.

Steven Drake’s Specialties:

CORE COMPETENCIES

* Experienced at identification, definition, assessment and mitigation of mortgage operational risks and development of Key Risk Indicator’s (KRI)
* Technical writing for policies and procedures
* Managing & performing internal compliance and operational examinations
* Extensive knowledge of regulations

Steven Drake’s Experience

• Senior Business Manager - Collateral & Credit Policy

  Fannie Mae

  (Public Company; FNM; Financial Services industry)

  2009 — Present (less than a year)

  The Senior Business Manager- appraisal policy is responsible for managing and/or recommending appraisal policies related to single-family underwriting, selling and servicing policies, standards, and practices; development, interpretation, and communication. More specifically, I:
  • Develop policies and procedures on appraisal and other property valuation methods.
  • Assist in overseeing quality assurance standards for appraisals and other valuation methods and evaluating new property valuation and alternative valuation methods.
  • Manage credit risk-related policy and standards development and implementation projects.

Steven Drake’s Education

• University of Washington

  Certificate , Paralegal Studies , 2003 — 2004

• Pacific Coast Banking School

  Certificate , Senior Bank Management , 1998 — 2000

• National University

  BBA , Business Administration , 1977 — 1980

  Graduated Cum Laude