Mr. Nelson's 21 years of regulatory experience included administering examinations in which he performed testing and comprehensive examination activities of front and back-end credit operations. These tests included assessing cash payment activities versus posting of non-cash payments, monitoring calls for collections and default management activities, and ensuring timely loss recognition and adequate loss reserves, as well as effective defaulted collateral administration. 

Prior to joining A&M, Mr. Nelson served for five years at Wachovia as Mortgage Risk Executive, responsible for providing strategic risk direction to Wachovia Mortgage and Retail Credit and partnering with other mortgage and retail credit executives to build strategies to grow the business while aggressively managing and mitigating risk to the portfolio. Prior to this, Mr. Nelson was the Credit and Operations Manager of Structured Transactions and Analytical Research (STAR) with Wachovia Treasury, working on Wachovia’s preparation for implementing the Basel II capital regulation. 

Previously, Mr. Nelson served as a commissioned National Bank Examiner in the Office of the Comptroller with the Currency (OCC). There, he led and participated in bank examinations and gained extensive experience in problem bank supervision activities, including failed banks and savings and loans. As part of the OCC’s Large Bank Supervision Program, Mr. Nelson traveled across the U.S. handling challenging bank examinations. He co-authored the OCC’s original mortgage banking handbook, addressing safety and soundness expectations, and assisted with OCC and interagency policy development for emerging issues. Mr. Nelson served as a guest speaker at numerous mortgage banking industry conferences and worked on the interagency development of expectations for the Basel II capital regulation. 

Mr. Nelson earned a bachelor’s degree in business from Iowa State University. He is a commissioned National Bank Examiner.