Paul Nolde

Hi, I'm Paul Nolde. Welcome to my profile.

Paul Nolde's Bio:

Paul Nolde's Experience:

• Small Business Capital Strategist, AVP at Virginia Community Capital

  November 2011 - July 2014

  VCC is the largest Community Development Financial Institution (CDFI) in the state of Virginia, and is structured as a non-profit holding company (CDFI) and a for-profit bank subsidiary (Community Capital Bank). VCC's mission is to be the first choice for innovative capital and collaborative leadership promoting vibrant local communities and enhanced quality of life. o Managed the design, implementation, and execution of multiple small business financing/funding programs integral to the company's 3-year strategic growth plan in the following three areas:? - Angel investment - Healthy foods financing - Social Enterprise financing o Responsible for all aspects of program design/implementation: business plan development, budgetary considerations, SWOT analysis, loan product design, consideration of underwriting policies and procedures, strategic partner engagement, loan pipeline management and production, loan loss reserve funding, program launch & marketing ? o Managed deployment of $10MM Virginia Fresh Food Loan Fund as well as building VCC's fledgling social enterprise and venture debt loan portfolio (2013 loan production: $1.5MM; 2014 production/pipeline to date: $5.5MM/$8MM+)?? o Led the design and implementation of City of Richmond's first healthy corner stores initiative o Managed the formation of a syndicate of regional angel investment funds throughout the state o Integral in bringing Lighthouse Labs (Richmond accelerator) to VCC as a new small business technical assistance program (1 of only 4 non-profit accelerators in the Global Accelerator Network) o Actively engaged impact investors for VCC's programs and growth o Invited to attend the second and third annual VA Young Professional Summit, hosted by Senator Warner's office ? o Frequent panelist and speaker across the state for topics related to healthy foods, social enterprises, and small business startup and funding (angel investing and venture debt)

• Co-Founder/Director at PhiloSophia

  August 2010 - January 2012

  PhiloSophia and its advisors sought to be at the intersection of thoughtful financial planning and legacy family values for families of complex wealth built through privately-held companies. And because there are qualified providers that already offer services on each side of this intersection, it is crucial to stay focused on the nexis point - on creating the context for decision making that connects legacy family values and brand with financial acumen and charitable giving. PhiloSophia offered advisory and educational services for millennial families, corporations and their executives, and universities' charitable foundations. Serving Families. Honoring Legacies.

• Managing Director at Walnut Grove Holdings, LLC

  November 2010 - October 2011

  Walnut Grove Holdings, LLC is a privately-held enterprise with a portfolio of companies that includes emerging growth market makers and market disrupters. WGH focuses on start-up and maturing entities where there is a competitive advantage centered around technological innovation, national/international scaleability with an anticipated exit strategy, and a best-in-class leadership team.

• Regional Banking Consultant at Wells Fargo Advisors

  August 2010 - November 2010

  o Partnered with Financial Advisors in firm's Private Client Group in providing personal wealth management for select affluent clients in and around Richmond, VA, focusing on complex debt structuring/restructuring and short-term liquidity strategies o Selected as sales lead for #1 market in the country (Central VA) for retail lending services within WFA's Private Client Group o Advised Financial Advisors and their clients on multi-million dollar mortgages, asset-backed lines of credit, and cross-collateralized revolving loans

• Private Banker, AVP at Union First Market Bank

  May 2009 - August 2010

  o Identified, developed, and managed 60 new personal and business private banking relationships totaling $5mm in loan balances and over $6mm in deposit balances in 14 months o Grew average deposits under management (excluding reassigned relationships) from $0 to $4.4mm, October 2009 through February 2010 o Grew loan balances under management (excluding reassigned relationships) from $0 to $1.3mm, October 2009 through February 2010 o Maintained a trust pipeline in excess of $9mm in investable assets o Selected by manager to serve on cross-functional focus group vis a vis testing and selection of post-merger CRM system and Idea Lab continuity plan

• Premier Client Manager, AVP at Bank of America

  October 2005 - April 2009

  o Managed 300 high net worth relationships in Central Virginia, consisting of individuals, families and small professional firms (started out with zero clients in 2005) o Grew total assets under management from $86mm to $129mm year-over-year 2008 to 2009, an increase of 33% o Grew deposit assets under management from $17mm to $58mm year-over-year 2008 to 2009, an increase of 71% o Grew loan balances under management from $25mm to $30mm year-over-year 2008 to 2009, an increase of 17% o Consistently ranked in the top 2% nationally in 2008 Client Delight Survey quarterly results, as measured by clients' satisfaction with Client Manager service, responsiveness, advice and ease of doing business o Investment Securities Series 6 and Series 63 Licensed (currently expired) o Selected by wealth management lines of business managers to lead cross-functional sales team to promote, enhance and increase internal referral business (led team to #2 ranking in state amongst 6 teams)

• Central VA Deposits Manager, AVP at Bank of America

  January 2005 - October 2005

  o Directed Retail customer acquisition strategies for Richmond and Charlottesville markets o Selected by MidAtlantic Retail Division to lead several Group Banking initiatives for multi-state footprint, as well as represent Division on national extended core team for Group Banking Six Sigma Green Belt project o Led Central Virginia market to a #3 overall ranking in the Division (12 markets) for Group Banking production as measured by net new checking accounts year-over-year o Selected by Richmond market cross-functional management team to survey, negotiate and manage installation of one of the first full-service ATMs in downtown Richmond (Haxall Point office building - a multi-year project)

• College Relationship Manager, AVP at Wachovia, A Wells Fargo Company

  January 2004 - January 2005

  o Created, implemented and successfully executed Retail banking acquisition strategies for the state of Georgia for over 40 colleges and universities o Partnered closely with Retail and Commercial lines of business to market and deliver these select banking services to students, parents, faculty and staff o Created, marketed, distributed and successfully implemented Retail College Playbook franchise-wide (for branch deposit growth amongst college and university target markets) o Achieved a 31% increase in student deposit growth over 2003 production

• Acquisition Specialty Banker III, AVP at Wachovia, A Wells Fargo Company

  May 2003 - January 2004

  o Leveraged internal partnerships across lines of business to present and successfully execute several Retail banking customer acquisition strategies for Wachovia At Work across the state of Georgia o Developed, marketed and implemented the Wachovia At Work Executive Liaison role within the retail banking branches o Selected by manager to represent the state on Wachovia's National College Group panel and the National Account Strategy panel

• Financial Specialist at Wachovia, A Wells Fargo Company

  October 2001 - May 2003

  o Managed and efficiently operated specialty branch by offering banking, lending and investment services to both affluent personal and small business clients o Enhanced and mastered client relationship skills by preparing and delivering Wachovia At Work group banking packages to prospective and participating companies o Investment Securities Series 6 and Series 63 Licensed o Life insurance agent for the state of GA (currently expired)

• Director of Business Development at New Richmond Ventures

  July 2014

  NRV is a unique venture capital firm, providing portfolio companies with a suite of NRV-curated programs, a strategic partner network that includes elite executive advisors, and an extensive investor network that shares the same patient capital values as NRV. We focus our investments in companies dedicated to jumpstarting and growing the Central Virginia area as a hub for a new breed of startups.

Paul Nolde's Education:

• Dale Carnegie Institute of Public Speaking

  2004 – 2004

• McIntire Business Institute at the University of Virginia School of Commerce

  2001 – 2001
  Concentration: Finance

• University of Virginia

  1997 – 2001
  BA
  Concentration: Foreign Affairs

• Pontificia Universidad Catolica del Peru

  2000 – 2000
  Concentration: Foreign Affairs, Spanish, History, Archeology

Paul Nolde's Interests & Activities: