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David Litsky
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I graduated from Drexel University’s LeBow College of Business (LeBow) with a Bachelor of Science degree in Business Administration, concentrating in Finance. Drexel University is one of three mandatory co-operative education (co-op) schools in the United States. Drexel’s co-op program is among the nation’s oldest, largest, and most respected. With the option of up to three co-op experiences, students work for more than 1,500 companies in 27 states and 12 foreign countries. The co-op program of the College of Nursing and Health Professions is the first of its kind in Pennsylvania. Drexel’s program also offers a variety of educational and employment opportunities to students through study and internship programs in Europe, Asia and Latin America.
While enrolled at LeBow, I enjoyed a diversified co-op experience with Wyeth Pharmaceuticals (Wyeth); an international pharmaceutical company, ING Variable Annuities (INGVA); an international financial services company, and Roxborough Manayunk Bank (RMB); a Philadelphia, Pennsylvania financial services company.
In my first co-op assignment, I worked at Wyeth Pharmaceuticals in the Logistics and Supply Chain Management group. The Group is integral in managing the efficiency of Wyeth’s global supply chain. Wyeths’s production processes include, but is not limited to refining raw materials, packaging finished inventory, and distribution to its affiliate network. My duties included developing a project management toolset to manage group workflow, building multiple-variable financial models to calculate cost efficiencies, and general ledger reconciliations.
In my second co-op assignment, I worked at ING Variable Annuities in the Credit Suspense group. The Group manages, investigates, and collects erroneous and/or fraudulent distributions to customers. My duties included general ledger reconciliations.
In my third and final co-op assignment, I worked at Roxborough Manayunk Bank in the Commercial Lending group. The Group managed the Bank’s commercial loan portfolio. My duties included analyzing and underwriting new commercial loans up to $250,000, handling sensitive financial data, and light customer interaction.
I was also involved in several campus organizations including The Triangle; the student newspaper of Drexel University, the Delta Rho chapter of the Alpha Epsilon Pi fraternity, and the Undergraduate Student Government Association (USGA). My roles as a student leader include treasurer, secretary, risk manager, and president, and add intangible value to the co-op experience.
Since April 2007, I have been employed by Commerce Bank as a senior credit analyst for the Pennsylvania regional credit pool. We are located in Philadelphia, Pennsylvania and support forty (40) commercial loan officers with deal sizes ranging from $50,000 to $50,000,000. Prior to working at Commerce Bank, I was employed as a credit analyst with Republic First Bank for two years. While with Republic First Bank, I was formally credit trained by the Risk Management Association (RMA).
Posted on February 17th, 2008 | By: David Litsky
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