Joseph J. Pellerito has over 10 years of experience in banking and finance. He currently works as a Manager of Whole Loan Repo Operations at The Royal Bank of Scotland, where he oversees a team of 5 and is responsible for middle office functions. Previously he held positions of increasing responsibility at RBS, including Team Lead and Analyst. He also has experience in mortgage lending and due diligence from prior roles. Pellerito has a Bachelor's degree in Resource Economics and holds Series 7 and 63 licenses.

1. Joseph J. Pellerito
51 Blamey Circle | Stratford, CT 06614 | 203-253-4338 | JJPellerito@gmail.com
Profile
 Maintains positive relationships with clients and colleagues and is personable and credible
 Innovative thinker that presents new ideas and demonstrates technical skills
 Supports and coaches more junior individuals to assist them in high quality output
 Understands risk and control policies and creates methods to follow them accordingly
Experience
The Royal Bank of Scotland, Stamford, CT
Manager, Whole Loan Repo Operations - Associate December 2011 – present
 Oversee a team of 5 supporting the bank’s whole loan repo lending, CLO and servicing advance purchasing
middle office functions
 Supervise daily tasks including trade capture, financial reporting, funding, investor sales and repurchases
 Perform reconciliations of cash settlements, wire transfers, income/expense fee reporting and pnl activities
 Liaise between trading, finance, credit, risk, legal, IT and custodians at all levels of the deal life cycle
 Adhere to deal arrangements as specified in the master repurchase and liquidity loan agreements
 Maintain high level of customer service while demonstrating business values and meeting customer needs
 Adhere to regulatory requirements and internal and external audit requests to ensure business is compliant
 Suggest, design and implement procedural and technological solutions to enhance business functionality and to
mitigate risk at all stages of the trade process
 Create methods to allow for people development and act as a mentor utilizing leadership skills
Team Lead, Conduit Operations - Associate September 2008 - December 2011
 Supervise middle office operations for asset-backed conduit financing portfolios consisting of commercial loan
and leasing corporations
 Ensure each transaction is accurately implemented, captured, validated and maintained in production
throughout the life of the deal while maintaining a high level of customer service
 Provide the trading desk with daily facility usage, client liquidity availability and maturity amounts to warrant
sufficient commercial paper issuance will support customers’ financing needs
 Approve all fundings, paydowns, over-night investments and client invoices including verification of interest,
spreads, usage, non-usage, commitment and liquidity fees
 Develop skills in project management demonstrated by the successful release of an in house trade capture and
reporting system designed to support the business
Analyst, Whole Loan Repo Operations May 2007 - September 2008
 Act as main point of contact between the clients, MBS trading and pricing desks for all security transactions
 Ensure sufficiency of collateral among several asset backed security products based on credit quality, quantity
and product type and identify when contracts have been breached
 Develop and implement financing controls to circumvent credit problems
 Devise system enhancements for both new and existing applications to enhance internal and external trade
capture and reporting
The Clayton Group - Clayton Holdings, LLC, Shelton, CT
Due Diligence Underwriter October 2005 - May 2007
 Provide clients with precise and comprehensive information to assist in making informed decisions in the
post-closing market
 Customize the scope of each due diligence assignment based on proprietary profiles created for each client,
client guidelines, loan type, data quality, structure of the offering and time allotted
 Assess loan quality and conformance to each lending institutions’ guidelines enabling the clients to focus on
executing the most suitable transactions
 Develop an understanding of the fixed income and securities markets for asset-backed bond trading

2. Argent Mortgage Company, LLC, White Plains, NY
Mortgage Funder August 2004 - October 2005
 Document and fund transactions for new loan originations via internally prepared loan packages
 Maintain schedule with loan originators and closing attorneys to ensure timely and accurate loan funding
 Responsible for the daily operations of loan administration to ensure that residential real estate loans are
collateralized and closed according to departmental and governmental bank policies and procedures
 Calculate and verify Housing and Urban Development Agreements to ensure loan fees and closing costs are
within Section 32 guidelines
Technical Skills
 Microsoft Office applications, emphasis in MS Excel
 LEAN Training
 Bloomberg
 Oracle
 Java System/Applications
Education/Qualifications
 University of Connecticut, Storrs, CT
 Bachelor of Science in Resource Economics, May 2004
 3.2/4.0 Upper Division GPA
 Series 7, Series 63 licenses
 2013 - RBS Associate Development Program
 2013- 2014 two time recipient of the RBS Ovation Award for Living the Values
 Federal Farm Bureau Internship