As the financial industry is working through an unprecedented economic crisis, the value of Credit Risk’s third line of defense has never been higher. Effective and timely action by an institution’s Credit Risk Team can help identify increasing vulnerabilities including non-performing assets, charge-offs, TDR’s, and potential provision and capital shortfalls. Credit review has typically been a backward-looking exercise, however, the current COVID-19 environment requires banks to perform a future-looking assessment of the bank’s loan portfolios including its emerging risk profile, with less reliance on historical performance. Learn how Bank United, a $30+ billion bank headquartered in Miami Lakes Florida, leveraged their loan review team for an “all hands-on deck” Pandemic credit risk review of the bank’s portfolio. Learn useful best practices including work at home review support and automation tools to add efficiency and speed to the process.
Join Peter Cherpack, Partner and EVP, and Lou Dunham, Senior Vice President & Senior Director, both of Ardmore Banking Advisors and Walter Shields – Executive Vice President and Director of Credit Review for BankUnited, N.A.– for a case study and review of best practices in loan review during these extraordinary times. Attendees will learn how to prioritize potential risks associated with certain portfolio segments affected by COVID-19 and the types of metrics to apply to effectively risk rate loans in this environment. All attendees will be encouraged to ask questions of our industry experts.
This session is brought to you by: Ardmore Banking Advisors, Inc.
