Ryan Banda joined the First Associates team as Vice President of Primary Loan Servicing to lead and assist the company with this key service line. Mr. Banda is a multi-functional leader in the financial services industry and specializes in developing and executing corporate strategic initiatives and operational strategies for revenue growth and cost efficiencies. He excels in P&L and people management by leveraging analytics to drive results through others and via cross-functional collaboration with key stakeholders. Mr. Banda is also experienced in domestic and international M&A from initial due diligence and evaluation to acquisition and post-transaction integration.
Mr. Banda’s experience prior to First Associates included serving as Vice President & Director of Strategy and Analytics and Senior Manager of Mergers & Acquisitions for Propel Financial Services, LLC. He also served as the Senior Manager of Operations at Encore Capital. Some of his recent accomplishments include growing and increasing organic capital 218% in a single year and reducing bankruptcy operations cost-to-collect by 13% while increasing the bankruptcy operations collections from $9M to $98M during that same time.
Mr. Banda is a San Diego native and is passionate about the sustainable development of the San Diego community. He earned his BA degree from University of California in Santa Barbara and an MBA in Finance from San Diego State University.