Credit Risk Ready
Interviews with senior credit and lending professionals at financial institutions across the United States, their regulators and banking advisors about how to assess and mitigate credit risk in challenging times.
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#43: Risk Appetite: The Battle between Lending & Credit (and how both can win) | Ancin Cooley
09/16/2021
#43: Risk Appetite: The Battle between Lending & Credit (and how both can win) | Ancin Cooley
Lending and Credit have a different outlook on risk. Sometimes it seems like a battle. And yet, both groups need a volume of performing loans to carry the day. Today we'll look at how risk appetite, usually a purview of the Board of Directors and Management, impacts the loan originators as well. And how they can work together to help each other get everyone to the finish line. Resources: Synergy Credit Union Consulting: Synergy Bank Consulting: YouTube: Linkedin: Interagency Credit Risk Review Guidance: About Ancin Cooley: Ancin Cooley is certified and certifiable. He is a CIA (Certified Internal Auditor), CISA (Certified Information Systems Auditor) and is the founder and principal of Synergy Credit Union Consulting, Inc., and Synergy Bank Consulting, Inc. Synergy provides a suite of risk management services to financial institutions, which include loan reviews, information technology audits, internal audits, directors' exams, and regulatory compliance reviews. He comes by that knowledge from a wealth of experience. Prior to founding the firm, he worked as an OCC examiner working with banks from $100 million to $8 billion dollars in total assets. And he worked for a regional accounting with a focus on internal audits, loan and pre-regulatory examiner reviews. Find out more about Linda Keith at: LinkedIn:
/episode/index/show/creditriskready/id/20426399
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#42: Credit Risk Review in (and Out of) a Pandemic Recession | Ancin Cooley
08/26/2021
#42: Credit Risk Review in (and Out of) a Pandemic Recession | Ancin Cooley
Loan review is always an important risk management function. Some would say it becomes more important in turbulent times. I would say that good loan review practices even when we are on easy street, set the stage for successfully weathering the turbulence. Today we will focus on the loan review function, and how the pandemic might, or might not, impact it. Resources: Synergy Credit Union Consulting: Synergy Bank Consulting: YouTube: Linkedin: Interagency Credit Risk Review Guidance: About Ancin Cooley: Ancin Cooley is certified and certifiable. He is a CIA (Certified Internal Auditor), CISA (Certified Information Systems Auditor) and is the founder and principal of Synergy Credit Union Consulting, Inc., and Synergy Bank Consulting, Inc. Synergy provides a suite of risk management services to financial institutions, which include loan reviews, information technology audits, internal audits, directors' exams, and regulatory compliance reviews. He comes by that knowledge from a wealth of experience. Prior to founding the firm, he worked as an OCC examiner working with banks from $100 million to $8 billion dollars in total assets. And he worked for a regional accounting with a focus on internal audits, loan and pre-regulatory examiner reviews. Find out more about Linda Keith at: LinkedIn:
/episode/index/show/creditriskready/id/20251178
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#41: Prudent Pandemic Loan Concessions: How Will the Regulators See It? How Can We Prepare? | Ancin Cooley
08/12/2021
#41: Prudent Pandemic Loan Concessions: How Will the Regulators See It? How Can We Prepare? | Ancin Cooley
How are the regulators approaching examinations with 2020 in the rear-view mirror? Is it the same or different than past examinations? And how will it change as we start into a recovery? We cover why you need to: Create criteria for pandemic-related modifications and show they are followed Document current conditions and the basis for deciding the problem is short-term Show the regulators how the sausage is made in loan decision-making Resources: Synergy Credit Union Consulting: Synergy Bank Consulting: YouTube: Linkedin: Interagency Credit Risk Review Guidance: About Ancin Cooley: Ancin Cooley is certified and certifiable. He is a CIA (Certified Internal Auditor), CISA (Certified Information Systems Auditor) and is the founder and principal of Synergy Credit Union Consulting, Inc., and Synergy Bank Consulting, Inc. Synergy provides a suite of risk management services to financial institutions, which include loan reviews, information technology audits, internal audits, directors' exams, and regulatory compliance reviews. He comes by that knowledge from a wealth of experience. Prior to founding the firm, he worked as an OCC examiner working with banks from $100 million to $8 billion dollars in total assets. And he worked for a regional accounting with a focus on internal audits, loan and pre-regulatory examiner reviews. Find out more about Linda Keith at: LinkedIn:
/episode/index/show/creditriskready/id/20047991
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#40: Pushing Out of Your Comfort Zone: How to Master Difficult Conversations in a Virtual Meeting | Allison Shapira
07/29/2021
#40: Pushing Out of Your Comfort Zone: How to Master Difficult Conversations in a Virtual Meeting | Allison Shapira
You need to: reach out to your borrowers, in tough times and in triumph. present your ideas to your mentor lender, or the loan committee, in a way that accomplishes your goals and advances your career. connect with a prospective borrower and pull them in to your client base. Many people find those situations challenging and uncomfortable. In this episode, Allison Shapira, will move you into your comfort zone when using the virtual format to have a challenging conversation. Resources: YouTube: Book: Websites: About Allison Shapira: Allison Shapira is a former opera singer turned entrepreneur, keynote speaker, and expert in public speaking. She is the Founder/CEO of , a communication training firm and certified woman-owned small business that helps people speak clearly, concisely, and confidently - both virtually and in person. She teaches public speaking at the Harvard Kennedy School and has spent nearly 18 years developing leadership communication programs for Fortune 50 companies, government agencies, and non-profit organizations around the world. She also travels around the world with the nonprofit Vital Voices Global Partnership, teaching leadership communication to help women leaders grow their business, run for office, or launch a nonprofit. Allison is a Certified Virtual Presenter and a Certified Speaking Professional (CSP). She holds a master’s degree in public administration from the Harvard Kennedy School and is an internationally-renowned singer/songwriter who uses music as a way to help others find their voice and their courage to speak. Allison is the author of (HarperCollins Leadership) which was a Washington Post best-seller. She has spoken at the Fortune Most Powerful Women Next Gen Summit, the Most Powerful Women in Banking LEAD Conference, and was a finalist for 2017 Woman Business Owner of the Year by the National Association of Women Business Owners, San Diego Chapter. She lives in Washington, DC. Find out more about Linda Keith at: LinkedIn:
/episode/index/show/creditriskready/id/19903178
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#39: Sales and Marketing: Strategy Questions to Help (and Assess) Your Business Borrowers | Joel Block
07/15/2021
#39: Sales and Marketing: Strategy Questions to Help (and Assess) Your Business Borrowers | Joel Block
Success in business is dependent on success in sales and marketing. In this episode we will tackle three key strategies successful businesses employ. If you lend to businesses or business owners, understanding these keys to success will lead to more helpful relationship-building conversations and an improved ability to assess the likelihood of their continued success. Bonus, you can use these ideas in your sales activities, as well. Resources: Winners take the Inside Track. Here's the Intel you need to join them... Podcast: About Joel Block: Joel’s a futurist and longtime venture capitalist/hedge fund manager (gobbledygook for professional investor) who lives in a Shark Tank world like on TV. Since selling his publishing company to a Fortune 500 company, Joel’s cage-rattling keynotes expose Wall Street insights and the inside track on high- velocity innovation, empowering business executives and their teams to “Disrupt Their Competitors’ Future.” Savvy industry leaders come to Joel for the high-impact advisory services that drive our disruption- resistant success strategies. His unique approach to innovative business model development helps structure, implement, and enable sustained results. Find out more about Linda Keith at: LinkedIn:
/episode/index/show/creditriskready/id/19714430
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#38: Higher Expectations in Virtual Meetings: Are You Ready? | Allison Shapira
06/24/2021
#38: Higher Expectations in Virtual Meetings: Are You Ready? | Allison Shapira
As we get 'back to work', expectations for polish and impact in virtual meetings will go up. The casual, lowered expectations during the recession will be replaced by an assumption that you are back in a completely professional mode. You need to reach out to your borrowers, in tough times and in triumph. You need to present your ideas to your mentor lender, or the loan committee, in a way that accomplishes your goals and advances your career. You need to connect with a prospective borrower and pull them in to your client base. In this episode, Allison Shapira, will move you back into your most professional comfort zone when using the virtual format to make your point or make your case. Resources: YouTube video: Book: Websites: About Allison Shapira: Allison Shapira is a former opera singer turned entrepreneur, keynote speaker, and expert in public speaking. She is the Founder/CEO of , a communication training firm and certified woman-owned small business that helps people speak clearly, concisely, and confidently - both virtually and in person. She teaches public speaking at the Harvard Kennedy School and has spent nearly 18 years developing leadership communication programs for Fortune 50 companies, government agencies, and non-profit organizations around the world. She also travels around the world with the nonprofit Vital Voices Global Partnership, teaching leadership communication to help women leaders grow their business, run for office, or launch a nonprofit. Allison is a Certified Virtual Presenter and a Certified Speaking Professional (CSP). She holds a master’s degree in public administration from the Harvard Kennedy School and is an internationally-renowned singer/songwriter who uses music as a way to help others find their voice and their courage to speak. Allison is the author of (HarperCollins Leadership) which was a Washington Post best-seller. She has spoken at the Fortune Most Powerful Women Next Gen Summit, the Most Powerful Women in Banking LEAD Conference, and was a finalist for 2017 Woman Business Owner of the Year by the National Association of Women Business Owners, San Diego Chapter. She lives in Washington, DC. Find out more about Linda Keith at: LinkedIn:
/episode/index/show/creditriskready/id/19505609
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#37: Futurenomics: The Snapshot You Need to See Today | Mary C. Kelly
06/10/2021
#37: Futurenomics: The Snapshot You Need to See Today | Mary C. Kelly
The economy is in freefall, or chugging right along, or recovering...depending on who you listen to, who you are and what business you are in. Perhaps today's news headlines have your stomach in knots. In this episode, we'll focus on how to decide what indicators should be in your snapshot to keep you centered on your borrower's needs. Resources: Book: Website: About Mary C. Kelly: From her days as a naval intelligence officer to her role as one of today’s most influential economists, Commander/Dr. Mary C. Kelly has carved out an unforgettable career in leadership. Former chief of police, professor, realtor and HR Director – Mary has spent over 25 years teaching and training more than 40,000 military and civilian personnel. Mary is the author of 13 books on business growth, leadership, and today’s economy. She is a speaker, coach and trainer who has worked with hundreds of organizations and companies across the globe. Find out more about Linda Keith at: LinkedIn:
/episode/index/show/creditriskready/id/19390994
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#36: Gauges the Board and Management Should Be Watching While Emerging From the Recession | Tim Harrington
05/27/2021
#36: Gauges the Board and Management Should Be Watching While Emerging From the Recession | Tim Harrington
As we emerge from the Global Pandemic Recession, the Board and Management have critical indicators to watch closely. Some of them are the usual, some of them are specific to recovery from a recession. Some of them will worry the regulators. In this episode, we'll discuss what to keep an eye on as we emerge from the recession. Resources: Book: A Credit Union Guide to Strategic Governance: Book: Eisenhower on Enlighted Leadership: Blog: Lenders’ Tax Analyzer Software: About Tim Harrington: Author, consultant and international speaker, Tim Harrington has worked with credit unions in all 50 states, Canada, Mexico, Jamaica, the Dominican Republic, The US Virgin Islands and Puerto Rico. His progressive ideas and broad knowledge of credit union issues has made Tim a valuable resource for credit unions nationwide. Tim has spoken to tens of thousands of credit union volunteers and staff and continues to inspire them to improve their credit unions. Since 1996, Tim has been President of TEAM Resources, a firm providing consulting, strategic planning, and training to credit unions from coast-to-coast. TEAM Resources’ clients range from a few million to the billions in assets. Tim is the author of several books including Eisenhower on Enlightened Leadership and co-author of A Credit Union Guide to Strategic Governance. His books inspire boards and leadership teams to lead effectively with high integrity. From 2001 to 2006, Tim was the chairman of the board of a $150 million credit union in Tucson, Arizona. He was appointed to the board of this troubled credit union in 2001 and served until 2006. During his tenure on the board the credit union evolved from losing over $2 million per year to earning a profit of nearly $2 million by 2006. Tim was formerly a partner with the nation’s 3rd largest auditor of credit unions, known today as CliftonLarsonAllen. He has been working with credit unions since 1989 when he directed the internal audit of a large credit union in Tucson, Arizona. Prior to that, he was with a national accounting firm and has been practicing accounting and consulting since 1980. Because of his knowledge, wit and unpretentious delivery, Tim is a much sought after speaker in the credit union movement. Tim has made presentations at conferences for CEOs, Directors, Supervisory Committees, lenders, marketers, and many more. Tim is on the faculty of the CUNA Finance for Non-Financial Managers and Volunteers School, CUNA Volunteer Certification School and CUNA Management School. Tucson, Arizona has been home for Tim since 1980, but he is a native of Montana. He holds a BBA in Accounting from Gonzaga University in Spokane, Washington. He has also attended universities in Morelia, Michoacan, Mexico and Florence, Italy and speaks several languages. Contact Information Timothy Harrington, CPA President, TEAM Resources Phone: 520-290-5721 Cell: 520-906-7501 Fax: 520-290-8378, Address: 7049 Tanque Verde, PMB 136 Tucson, AZ 85715 Find out more about Linda Keith at: LinkedIn:
/episode/index/show/creditriskready/id/19225088
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#35: How 'Invisible Capital' Helps Your Business Borrowers Succeed | Joel Block
05/13/2021
#35: How 'Invisible Capital' Helps Your Business Borrowers Succeed | Joel Block
Learn what our most successful business clients are (or should be) considering now to solidify their successful transition ...or to recover ... from the challenges of the pandemic recession. We focus on what our guest calls 'invisible capital', how we think about, innovate and align our business. Here are the three we have time for today: Consider (and reward) contrarian thinking Test your ideas in the marketplace to get feedback Specialize, and then partner with others who specialize in other areas Resources: Winners take the Inside Track. Here's the Intel you need to join them... Podcast: About Joel Block: Joel’s a futurist and longtime venture capitalist/hedge fund manager (gobbledygook for professional investor) who lives in a Shark Tank world like on TV. Since selling his publishing company to a Fortune 500 company, Joel’s cage-rattling keynotes expose Wall Street insights and the inside track on high- velocity innovation, empowering business executives and their teams to “Disrupt Their Competitors’ Future.” Savvy industry leaders come to Joel for the high-impact advisory services that drive our disruption- resistant success strategies. His unique approach to innovative business model development helps structure, implement, and enable sustained results. Find out more about Linda Keith at: LinkedIn:
/episode/index/show/creditriskready/id/19005560
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#34: Leadership Succession Planning for Business and Banking | Mary C. Kelly
04/29/2021
#34: Leadership Succession Planning for Business and Banking | Mary C. Kelly
How does the lender recognize that a business is (or should be) in leadership succession mode? How long before the owner plans to exit should they start this process? What are the steps? How has the pandemic recession upended their plans? Resources: Book: Website: About Mary C. Kelly: From her days as a naval intelligence officer to her role as one of today’s most influential economists, Commander/Dr. Mary C. Kelly has carved out an unforgettable career in leadership. Former chief of police, professor, realtor and HR Director – Mary has spent over 25 years teaching and training more than 40,000 military and civilian personnel. Mary is the author of 13 books on business growth, leadership, and today’s economy. She is a speaker, coach and trainer who has worked with hundreds of organizations and companies across the globe. Find out more about Linda Keith at: LinkedIn:
/episode/index/show/creditriskready/id/18810788
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#33: Risk Appetite: How the Board Decides, Defines, and Communicates Their Choice | Tim Harrington
04/15/2021
#33: Risk Appetite: How the Board Decides, Defines, and Communicates Their Choice | Tim Harrington
Risk appetite is a responsibility of both the Board of Directors and of Management. How exactly does it get decided, defined and communicated? How do Directors and Management insure they are in sync? And how do they decide it is time to intelligently adjust the 'diet'? Resources: Book: A Credit Union Guide to Strategic Governance: Book: Eisenhower on Enlighted Leadership: Blog: Lenders’ Tax Analyzer Software: About Tim Harrington: Author, consultant and international speaker, Tim Harrington has worked with credit unions in all 50 states, Canada, Mexico, Jamaica, the Dominican Republic, The US Virgin Islands and Puerto Rico. His progressive ideas and broad knowledge of credit union issues has made Tim a valuable resource for credit unions nationwide. Tim has spoken to tens of thousands of credit union volunteers and staff and continues to inspire them to improve their credit unions. Since 1996, Tim has been President of TEAM Resources, a firm providing consulting, strategic planning, and training to credit unions from coast-to-coast. TEAM Resources’ clients range from a few million to the billions in assets. Tim is the author of several books including Eisenhower on Enlightened Leadership and co-author of A Credit Union Guide to Strategic Governance. His books inspire boards and leadership teams to lead effectively with high integrity. From 2001 to 2006, Tim was the chairman of the board of a $150 million credit union in Tucson, Arizona. He was appointed to the board of this troubled credit union in 2001 and served until 2006. During his tenure on the board the credit union evolved from losing over $2 million per year to earning a profit of nearly $2 million by 2006. Tim was formerly a partner with the nation’s 3rd largest auditor of credit unions, known today as CliftonLarsonAllen. He has been working with credit unions since 1989 when he directed the internal audit of a large credit union in Tucson, Arizona. Prior to that, he was with a national accounting firm and has been practicing accounting and consulting since 1980. Because of his knowledge, wit and unpretentious delivery, Tim is a much sought after speaker in the credit union movement. Tim has made presentations at conferences for CEOs, Directors, Supervisory Committees, lenders, marketers, and many more. Tim is on the faculty of the CUNA Finance for Non-Financial Managers and Volunteers School, CUNA Volunteer Certification School and CUNA Management School. Tucson, Arizona has been home for Tim since 1980, but he is a native of Montana. He holds a BBA in Accounting from Gonzaga University in Spokane, Washington. He has also attended universities in Morelia, Michoacan, Mexico and Florence, Italy and speaks several languages. Contact Information Timothy Harrington, CPA President, TEAM Resources Phone: 520-290-5721 Cell: 520-906-7501 Fax: 520-290-8378, Address: 7049 Tanque Verde, PMB 136 Tucson, AZ 85715 Find out more about Linda Keith at: LinkedIn:
/episode/index/show/creditriskready/id/18647450
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#32: Business Know-How: Key Strategy Questions for Your Business Borrowers | Joel Block
04/01/2021
#32: Business Know-How: Key Strategy Questions for Your Business Borrowers | Joel Block
In this episode, we are going to learn what our most successful business clients are (or should be) considering now to solidify their successful transition — or to recover — from the challenges of the pandemic recession. We'll provide you the Key Strategy Questions that will unlock the insights to 'getting it right' in this ever-changing and increasingly complex business environment. Resources: Winners take the Inside Track. Here's the Intel you need to join them... Podcast: About Joel Block: Joel’s a futurist and longtime venture capitalist/hedge fund manager (gobbledygook for professional investor) who lives in a Shark Tank world like on TV. Since selling his publishing company to a Fortune 500 company, Joel’s cage-rattling keynotes expose Wall Street insights and the inside track on high- velocity innovation, empowering business executives and their teams to “Disrupt Their Competitors’ Future.” Savvy industry leaders come to Joel for the high-impact advisory services that drive our disruption- resistant success strategies. His unique approach to innovative business model development helps structure, implement, and enable sustained results. Find out more about Linda Keith at: LinkedIn:
/episode/index/show/creditriskready/id/18546110
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#31: The Six Stages of Crisis: Where Is Your Borrower Stuck? | Mary C. Kelly
03/18/2021
#31: The Six Stages of Crisis: Where Is Your Borrower Stuck? | Mary C. Kelly
In this episode, we will help you identify a borrower in crisis. Do they know they are in crisis? What stage are they in? Where are they stuck? How can you help them get unstuck?
/episode/index/show/creditriskready/id/18306662
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#30: Focus on Finance: Key Strategy Questions for your Business Borrowers | Joel Block
03/04/2021
#30: Focus on Finance: Key Strategy Questions for your Business Borrowers | Joel Block
What are (or should) our most successful business clients be considering now to solidify their successful transition...or to recover... from the challenges of the pandemic recession. In this episode, we provide you three Key Strategy Questions that will unlock insights to 'getting it right' when it comes to financial opportunities in this recession.
/episode/index/show/creditriskready/id/18143228
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#29: Prospecting in THIS Recession? Turn Uncertainty Into Your Competitive Advantage | Meridith Elliott Powell
02/04/2021
#29: Prospecting in THIS Recession? Turn Uncertainty Into Your Competitive Advantage | Meridith Elliott Powell
Every recession has it's own signature challenges. And in every recession, some business and, some banks, come out even stronger than they went in. Others recover more quickly. The difference, often, is the mindset of the people responsible for growth and development.
/episode/index/show/creditriskready/id/17719001
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#28: The Coronavirus Pandemic Credit Conversation: How to Reach Out Now | Meridith Elliott Powell
01/21/2021
#28: The Coronavirus Pandemic Credit Conversation: How to Reach Out Now | Meridith Elliott Powell
In this episode, we focus on what we are calling the 'pandemic credit conversation'. This is the time to step forward and call your borrowers. But what do you say? How do you start the conversation without seeming callous, given that they may have personal setbacks from the Coronavirus or the economic fallout?
/episode/index/show/creditriskready/id/17510168
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#27: The Third 'R' Of Triage Outcomes: Remove Yourself From the Lending Relationship When the Borrower Is Unlikely to Recover | Michael Wear
01/07/2021
#27: The Third 'R' Of Triage Outcomes: Remove Yourself From the Lending Relationship When the Borrower Is Unlikely to Recover | Michael Wear
No one wants to give up on a borrower. These folks fully intended to repay their debt. They are grieving the loss of their business and, in their minds, perhaps the loss of their dignity. And yet, sometimes, it is in the best interest of the bank...and truly also in the best interest of the borrower...that we unwind the lending relationship.
/episode/index/show/creditriskready/id/17162663
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#26: Banking and Lending to Women Entrepreneurs: Busting the Myths | Kathleen Burns Kingsbury
12/17/2020
#26: Banking and Lending to Women Entrepreneurs: Busting the Myths | Kathleen Burns Kingsbury
In this episode, we focus on banking and lending to women entrepreneurs. We will shatter three myths which are getting in the way of your success in benefiting, and benefiting from, women who own their own business. Understand the assumptions you may be making and how to overcome them.
/episode/index/show/creditriskready/id/17071523
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#25: Director Duty of Care in a Major Credit Disruption | Kevin Smith
12/03/2020
#25: Director Duty of Care in a Major Credit Disruption | Kevin Smith
In this episode, Kevin Smith of Team Resources walks us through the steps a Director must take to step up to their duty of care. The risk profile may be changing rapidly.
/episode/index/show/creditriskready/id/16896227
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#24: Why Is It So Hard to Talk About Racism? | Justin Jones-Fosu
11/19/2020
#24: Why Is It So Hard to Talk About Racism? | Justin Jones-Fosu
Why and when do we have to talk about race? Why might we want to? Why is it so hard?
/episode/index/show/creditriskready/id/16764083
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#23: CRE Forbearance: The New 'F' Word in Banking. What About 'J'? | Gina Marotta
11/12/2020
#23: CRE Forbearance: The New 'F' Word in Banking. What About 'J'? | Gina Marotta
Forbearance is a true test for the puzzle-makers among us. Done wrong, you will set your borrower and your bank up for disappointment.
/episode/index/show/creditriskready/id/16716011
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#22: The Second 'R' of Triage Outcomes: Restructure When Your Borrower Needs Help to Recover | Michael Wear
11/05/2020
#22: The Second 'R' of Triage Outcomes: Restructure When Your Borrower Needs Help to Recover | Michael Wear
How do we decide restructure is the best option, or even a viable option, to keep the relationship and protect our loan portfolio?
/episode/index/show/creditriskready/id/16591010
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#21: The Pandemic Reality: How to Talk to Borrowers Who Are Stressed, Worried, and Fearful | Kathleen Burns Kingsbury
10/29/2020
#21: The Pandemic Reality: How to Talk to Borrowers Who Are Stressed, Worried, and Fearful | Kathleen Burns Kingsbury
In this episode, we get into the emotional side of lending and credit when talking with borrowers who are in financial distress. This may be a business owner or a personal borrower who is accustomed to strength and resilience. When they find themselves in a financial challenge, and face being unable to keep their promises to their bank and their banker, the conversation takes a very different turn.
/episode/index/show/creditriskready/id/16526552
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#20: CRE Valuation and Appraisals: Who, When, and What Else | Gina Marotta
10/22/2020
#20: CRE Valuation and Appraisals: Who, When, and What Else | Gina Marotta
Valuation and appraisals are a critical element in understanding your risk in CRE, either when making the loan or reviewing one already on your books.
/episode/index/show/creditriskready/id/16436903
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#19: How the Director Role Must Shift in Times of Crisis | Kevin Smith
10/15/2020
#19: How the Director Role Must Shift in Times of Crisis | Kevin Smith
We dive into the shifting role of the director during times of crisis. Specifically, we will focus on how to redraw the governance lines without getting into the weeds and throwing off the CEO. And we'll touch on how quickly things are moving compared to pre-recession and how you can keep up.
/episode/index/show/creditriskready/id/16317452
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#18: I Am Not Biased, or Am I? | Justin Jones-Fosu
10/08/2020
#18: I Am Not Biased, or Am I? | Justin Jones-Fosu
Today's topic is Bias...your bias. Okay, and my bias. Confirmation bias is well understood in credit analysis, jumping to conclusions too quickly just because revenue is up...or down. But bias can rear its head in many areas.
/episode/index/show/creditriskready/id/16286753
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#17: The First 'R' of Triage Outcomes: Rehabilitate When Your Borrower Is Expected to Recover | Michael Wear
10/01/2020
#17: The First 'R' of Triage Outcomes: Rehabilitate When Your Borrower Is Expected to Recover | Michael Wear
The concept of loan triage for problem loans is a hot topic during the pandemic-induced recession. In this episode, we will zero in on one result of the triage...Rehabilitate. The borrower is expected to recover without restructure. How do we recognize a problem loan that can be placed into rehab, what does the conversation sound like, and what tools do we have to help?
/episode/index/show/creditriskready/id/16194566
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#16: How to Engage & Get Buy-in With Couples and Multi-Owner Borrowers | Kathleen Burns Kingsbury
09/24/2020
#16: How to Engage & Get Buy-in With Couples and Multi-Owner Borrowers | Kathleen Burns Kingsbury
In this episode, we consider how to create relationships and engage all parties to your financial services. This applies to a couple, business partners, or even parents and their adult children in business together. Learn how to build a relationship with all parties to improve your service and preserve the continuing relationship.
/episode/index/show/creditriskready/id/16075919
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#15: Regulators and the Pandemic Recession: Guidance with Flexibility? | Rob Newberry
09/17/2020
#15: Regulators and the Pandemic Recession: Guidance with Flexibility? | Rob Newberry
In this episode, we focus on the regulators. What will they expect in order to demonstrate we are making 'prudent' judgments and identifying which borrowers or prospective borrowers are experiencing a 'short-term' setback rather than a complete melt-down? And what else are they paying attention to...and helping us with? How can we document our thinking and show the examiners our prudent steps to mitigate risk during this downturn?
/episode/index/show/creditriskready/id/15976478
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#14: The Pandemic Recession: How to Shift Your Bank Strategy (Or Not) | Paula King CPA
09/10/2020
#14: The Pandemic Recession: How to Shift Your Bank Strategy (Or Not) | Paula King CPA
How should bank strategy shift in the challenging pandemic landscape? Have boards and leadership gotten complacent during the best of times? And what changes are opportunity-focused rather than just challenge-focused?
/episode/index/show/creditriskready/id/15785450