Joe Mormak is an independent risk consultant and advisor in the financial service sector specializing in providing critical loan review, lending and underwriting process and procedure recommendations, and analysis of corporate, commercial real estate and multi-family housing obligors. Mr. Mormak is a seasoned banker and risk management executive with over 25 years’ experience in commercial lending, corporate finance, capital markets and investment banking. From 2001 to 2011 he managed a portfolio of complex global corporate loans, both bi-lateral and syndicated, and derivatives for Dresdner Securities. He headed Dresdner's auto manufacturing risk team in North American from 2004 to 2011 and contributed to its global auto sector strategy. He is acknowledged by KPMG in its national risk advisory practice for delivering efficient analysis of client’s risk ratings, impairment calculations and their lending policies and procedures. Mr. Mormak has experience in evaluating global institutions and regional and community banks.

Mr. Mormak is a formally-trained credit risk professional; effective chief credit officer and risk team leader; and credit risk ratings subject matter expert. He is experienced in: counterparty credit risk, distressed debt remediation and recovery, client relationship management, loan documentation, loan portfolio evaluation / due diligence; and an effective negotiator and deal closer.

He holds an MBA from The Wharton Graduate Division of the University of Pennsylvania with a concentration in capital markets and a BA in Finance, with honors, from Lehigh University.