Michael Gesimondo

Professional with more than 20 year expertise spearheading recovery, collection, Credit approval and Auditing.

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MICHAEL GASIMONDO – A WELL KNOWN NAME IN BANKING SECTOR

Michael Gesimondo is based out in New York and has worked at different capacities in different organizations across the United States in the Banking sector and the demand for good collections professionals is always high but Michael gesimondo collection professional is a class part. Michael Gesimondo is a well known name in the banking sector because of his planning and strategic orientation and taken up many positions in different companies and has studied how the various aspects of banking and business and banking go hand in hand.

Michael Gesimondo has decreased the losses of the company he has worked with and also the recovery rate was improved and banks were saved from huge monetary losses which also improve their image in the market so, we can say that Michael Gesimondo is  A banking expert you can trust. he is not just an expert in the area of collections but he be has played an important role in hiring, managing as well as mentoring professionals in this sector and is a Consummate team leader who believes in consistently providing outstanding client services and repeatedly achieving his goals and setting new benchmarks.

Michael Gesimondo was the vice president at Flushing Bank NY in the Asset Recovery section and served at numerous senior position as assets, collection, credit and recuperation administrator at different driving banks and associations. He trusts that arranging and figuring a successful technique is the chief step each accumulations and recuperation expert ought to attempt and  holds several positions with Citibank and served beyond the expectations of the clients and gained a good fame and has an enviable track record of managing, training and recruiting thousands of employees.

The employees that are recruited by him have achieved many milestones and benchmark in the company and his  highly skilled procedures specialist with widespread experience regarding targeted policies, processes, and approaches that dependably advance presentation and efficiency  and also managed a team of workout majors strategically placed all over the country. Michael Gesimondo has great capabilities

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Michael Gesimondo – A shining star in the Collections recovery Industry

Business in the cotemporary world is a risking thing but it is important to take a lot of risk in order to make a life out of it. The world is in dire need of businesses that are solving a lot of problem and are leveraging people from around the world with the best of services. But then there are chances where people end up losing all the assets and all the money. This is going to be time when people are going to feel really sad and devastated and broken.

There are going to be various other reasons for losing the asset and siting in depression. The contemporary world needs services that are going to make it easier for people to make the most of assets recovery services. The world is in dire need of such services.

Michael Gesimondo – A shining star in the Collections recovery Industry has helped a lot of people in acquiring all the lost assets. He has worked with a lot of enterprises and agencies. He has acquired the best of experience and made it possible for a lot of people in acquiring their lost assets. His understanding of law and rules and makes it easier for him to make the most of the time. He has been really assiduous with his practice and has won a lot of cases. A man with success stories in asset recovery he is and he has made it now his work to help people in acquiring the best of losses.

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Michael Gesimondo – Top Collections Professional of New York

Michael has a mission in life. In fact, his mission is closely related to his profession of being a collections professional. He has immense expertise when it comes to diverse areas such as credit approval, collections, recovery, and auditing for industry-leading financial institutions. Michael is an exemplary team leader whose flawless track record spans several years. He has been associated with top-notch financial institutions. Moreover, he holds the distinction of contributing largely in recruiting, mentoring, and managing employees.

Michael is a multi-faceted personality. He is an extremely competent operations specialist, who has offered his knowledge and skills in the development of targeted strategies, policies, and procedures to scores of companies. View Michael Gesimondo's professional profile on LinkedIn , for an in-depth perspective of the man himself.

Throughout his outstanding career, he has played prominent roles in leading banks. He was Vice President at Flushing Bank, NYC in the Department of Asset Recovery. During his tenure as prominent executive of this bank, he was responsible for managing distressed assets with regard to business and commercial bank portfolio extending to $300MM. His first year was extremely productive: he helped in the reduction of distressed loan portfolio from $19MM down to $6MM.

His next role was being Vice President in Citibank, Long Island City in the Department of Delinquency Management. During his stint at work, he managed teams spread across the country to remediate business loans up to $1MM for the complete US portfolio, which exceeded $1 billion. His other responsibilities included management of net credit losses. Besides, he proved the perfect man for the job.

During his stint at Citibank, Michael was also responsible for setting up a test program with different vendors. This minor initiative brought impressive results for Citibank. The recovery rate rose by 5%, thanks to the efforts of Michael. He later managed to achieve another mammoth feat. He managed to reduce write-offs by 5%. He went on to occupy the post of Vice President in the Department of Risk Containment of Small Businesses in the city of San Antonio.

From a humble background, Michael Gesimondo – Top Collections Professional of New York,  has turned into a hotshot banker, leading a wide array of teams and departments.

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Michael Gesimondo – A shining star in the Collections recovery Industry

Michael Gesimondo is highly successful collections recovery and asset management professional. He holds credit for outstanding client service. He has held various positions with CitiBank’s consumer collection group some of which were related to personal finance, dealer finance and credit card collection.

Michael Gesimondo is working as a professional collection manager from more than twenty years. During his long career he has actively participated in policy formation and setting up target performance. He has a great proficiency in compliance with all the corporate standards.

His work area includes training the employees to for delivering exceptional results. He imparted coaching to various cross functional teams. He has efficiently managed a wide array of collection agencies, vendors and attorneys to improve his recovery efforts.

Another part of his work area includes doing monthly and yearly forecasts. He is also responsible for detailed result tracking and liaising with the higher authorities to boost the recovery process.

Michael Gesimondo holds a long list of achievements to his name. He has worked on wide array of loan portfolios which range from small loans to big industrial lendings. He holds a track record of maintaining net credit losses below 1.9 %. He holds outstanding records at all places he worked.

Talking about his personal interests, he is a very dedicated and passionate human being. He believes that whatever one should pursue, he should give his hundred percent. His key to all the achievements is hard work. Micheal has a loving family of two daughters and a grand- daughter whom he is very fond of.