The Lender Network provides a platform for lending professionals to discuss industry topics and share best practices.
- Topic suggestions are provided by network members to ensure each event provides the highest value.
Pricing: Complimentary for Bank Members only
Title: Why Getting More from Your Loan Review Is Now Critical
A loan review is a strategic asset for community banks and should be treated like one. While this hasn’t been the case for decades, bankers are now realizing that new, dramatically improved processes — ones that can also be used for both internal and annual reviews — will not only make Loan Reviews more efficient, effective and less intrusive to credit teams’ day-to-day schedules, but provide a source of valuable information to help the bank detect risk earlier. This capability is especially critical during unsettled credit times. In our session, we’ll discuss innovative approaches and best practices that can profoundly reduce the burden that a loan review traditionally placed on community bank teams — while also making this important discipline a more constant and strategic tool for minimizing credit risk that lies ahead.
1. The current credit environment and how loan reviews can play a strategic role in managing portfolio risk.
2. Best practices being used by community banks today — whether they have an internal loan review team or use an external provider — to facilitate a substantive and efficient loan review. For example, loan review requires both a quantitative and qualitative skillset and, given the near and intermediate credit uncertainties, experienced credit and documentation specialists are heavily valued right now.
3. How portfolio analytics, combined with data from an online loan review process, can greatly enhance the management of credit risk moving forward-taking loan reviews from merely a point-in-time event to an ongoing risk management tool.
David Ruffin, Principal, IntelliCredit™, a division of QwickRate. David’s extensive experience in the financial industry includes an emphasis on credit risk in a variety of roles that range from bank lender and senior credit officer to the co-founder of IntelliCredit and its technology that is revolutionizing a decades-old loan review process. David was also a co-founder of the successful Credit Risk Management, LLC consultancy and professor at several banking schools. A prolific publisher of credit-focused articles, he is a frequent speaker at national and state trade association forums, where he shares insights gained helping lending institutions evaluate credit risk—in both its transactional form as well as the risk associated with portfolios based on a more emergent macro strategy. Over the course of decades, he has led teams providing thousands of loan reviews and performed hundreds of due diligence engagements focused on M&A and capital raising. David holds a B.A. from the University of North Carolina-Chapel Hill, a M.S. from East Carolina University and multiple degrees from the American Bankers Association’s graduate lending schools.