Community banks will face increased regulatory scrutiny, low earnings, dismal opportunities for organic growth, increased risk from concentrations, and an uncertain economy in 2021. Stress testing can help banks steer though many of these issues, provided it is done right and considers the unique pandemic fallout in each bank's footprint.
Topics & Takeaways
• Regulators anticipate that concentrations will be a major issue for banks in 2021. This session will show attendees how to manage concentrations in the pandemic environment.
• Traditional stress testing will not pinpoint or solve banks' issues from the pandemic fallout. This session will explain which methods will help most.
• Stress testing offers a huge return on investment to banks, provided it is done right. This session explains how.
• Learn how to free up capital to use on M&A and other opportunities that will position your bank for success.
Compliance Officers, Risk Managers, Lenders, and Auditors
Adam Mustafa is President and Co-founder of the Invictus Group. He has been providing strategic analytics, M&A and capital adequacy advisory services to banks, regulators, bank investors, and bank D&O insurers since the beginning of the financial crisis. Mr. Mustafa has overseen the design and implementation of BankGenome™, the data-driven intelligence network that powers the Invictus Group's suite of customized M&A, CECL readiness, capital stress testing, and strategic planning systems for community banks. He has an MBA from Georgetown University and a BA from Syracuse University.
Steve Schick, CPA, CGMA is an Engagement Partner at Plante Moran. As a partner in Plante’s financial services practice, Steve provides assurance and risk management services to publicly traded and privately held financial institutions, primarily community and regional banks. He also serves investment advisors, mortgage companies, broker dealers, and investment companies and specializes in performing and supervising external and internal audits, loan review engagements, cybersecurity reviews, regulatory compliance reviews as well as collaborating with clients to resolve accounting, regulatory, and business challenges. Steve is also active in the firm’s model risk management practice, which includes performing various model validations for CECL, capital stress testing, ALM and other key models that interface with banks’ key business processes.
Bryan Johnson, CPA, CGMA is a Principal at Plante Moran. As an assurance senior manager in the financial services practice, Bryan specializes in performing external audits and internal control examinations in accordance with SEC and/or FDICIA reporting requirements. Most of his clients are financial institutions and specialty credit commercial credit lenders.In addition, he leads Plante Moran’s model validation practice, focused on model risk management, stress testing, and capital planning.
Fee Per Person
IBA Member $99