Mr. Dev StrischekPrincipal, Devon Risk Advisory Group
A frequent speaker, instructor, advisor and writer on credit risk and commercial banking topics and issues, Martin J. "Dev" Strischek is principal of Devon Risk Advisory Group based near Atlanta, Georgia. Dev advises, trains, and develops for financial organizations risk management solutions and recommendations on a range of issues and topics, e.g., credit risk management, credit culture, credit policy, credit and lending training, etc.
Besides stints at other banks in Florida, Kansas City, and Ohio, his experiences outside of banking include CFO of a Honolulu construction company, combat engineer officer in the U.S. Army, and college economics instructor in Hawaii, Missouri, and Florida. A graduate of Ohio State University and the ABA Stonier Graduate School of Banking, he earned his M.B.A. from the University of Hawaii. Mr. Strischek serves as an instructor in RMA’s Florida Commercial Lending School, the American Bankers Association's (ABA) Advanced Commercial Lending School and ABA’s Stonier Graduate School of Banking, and the Southwest Graduate School of Banking.
Mr. Strischek has written over 200 articles about credit risk management, financial analysis and related subjects for the ABA’s Commercial Insights, the Risk Management Association’s RMA Journal, and other business professional journals. He is the author of Analyzing Construction Contractors and its related RMA workshop.
Recorded-webinar by: Mr. Dev Strischek
How To Evaluate Operating Performance: Profitability, Productivity and Sustainability
Discover new techniques to assess borrowers. Analyze pandemic-era results with more certainty.
Thanks to the pandemic, assessing the operating performance of borrowers has become more challenging than ever. With government subsidy programs and non-standard business practices throwing a spanner in the works, the results have become skewed, making it hard for financial institutions to know whether borrowers will generate enough cash flow to repay loans in the long run.
In this webinar, financial institution risk expert Dev Strischek will help you glean information from income statements to evaluate operating performance. You will learn how to assess pandemic-era results.
Financial Projections for Determining Long-Term Cash Flow Repayment Ability
One of the most basic analytical and underwriting tools a banker must have is the ability to determine whether a borrower can repay their loans based on the financial information available.
Financial organizations extend credit to borrowers when the borrowers show the ability to repay the loans extended. Ideally, a request for a five-year loan should be supported by a 5-year cash flow projection.
This webinar will help attendees learn key assumptions in a projection and how to assess the validity of a downside-most likely projection to stress test the assumptions.
Asset-Based Lending: Policy and Underwriting Guidance for Borrowing Base Lending on Receivables and Inventory
Asset-based lending (often referred to as "ABL") is a form of commercial lending designed to finance safely the working capital needs of a borrower whose cash flow currently may not support debt repayment. Like other commercial loans, cash flow is the primary repayment source for an asset-based loan but with a stronger reliance on the company's assets as collateral and firmer control over the receipts of the collateral's liquidation.
The collateral is typically available to secure the asset-based loan including accounts receivable, inventory, machinery and equipment, general and specific intangibles, real estate, and other assets. Because working capital support is the primary objective of most asset-based loan facilities, accounts receivable and inventory generally are the bank's core collateral. Personal guarantees, often secured, can be taken.
Mind the GAAP: How Recent Changes in US GAAP Accounting Impact Borrowers and Lenders
We tend to take accounting for granted—debits equal credits, total assets equal total liabilities and stockholder’s equity. Generally accepted accounting principles (GAAP) are generally accepted because they do not change often, and when they do, there are good reasons for the change.
However, business and the economy do change over time, and several new principles warrant review to understand how they will affect both borrowers and lenders--new GAAP for revenue recognition, lease capitalization, current expected credit losses (CECL) as well as changes to not-for-profit financials.
Seven Habits Of An Effective Credit Administration
This webinar session by Dev Strischek is intended to provide guidance on how to develop and maintain a Credit Administration (CA) function that will provide guidance to anyone involved in the credit function of the bank. The session also highlights the safeguards to manage the bank’s loan portfolio in a safe and sound manner.
CA supports credit risk management by watching over credit policy, credit analysis and underwriting, credit approval, credit extension, loan administration, and portfolio management. It also includes ensuring that credit policy exceptions and loan documentation exceptions are mitigated, that credit files and loan documentation are secure.
Enterprise Risk Management: Balancing Risk Appetite and Risk Tolerance
In today’s world of evolving technologies and businesses, financial organizations are taking on increasing levels of risk. This initiative has increased the need to employ appropriate Enterprise Risk Management (ERM) strategies, policies, and processes in order to identify, monitor, and manage risk at the proper levels. In a world of do more at a faster pace, it is important for companies to manage their activities in a manner that can allow them to align risk strategies with overall risk management and internal control activities. Inability to do this may put the company at risk for not being able to meet strategic objectives.
How to Write Right for Better Business Communication and Effective Emails - Mastering E-Communication Skills
Step into the world of exceptional leadership and effective communication – where leaders not only "walk the talk" but also "write right." In this webinar, we'll unravel the secrets to crafting concise and crystal-clear messages that leave a lasting impact. Beware of the pitfalls of bad communication, lurking with good intentions, and shoddy construction. Your readers can spot a mismatched subject and verb, a punctuation blunder, and content that's more perplexing than enlightening.
No need to be an English expert or a literature aficionado. The webinar is aimed to equip you with practical, easy-to-implement advice on mastering grammar, punctuation, and usage – the essential tools to enhance your business written communications. When it comes to business writing, simplicity is key – being precise and concise will win the day.
Ah, the ubiquitous emails – the backbone of modern business communication. They zoom through the digital world, transforming how we interact and collaborate. But not all emails are created equal. We've all received those puzzling, poorly written messages that leave us scratching our heads. The repercussions can be severe – confusion, misinterpretation, and potential damage to business endeavors. But fret not! We have the remedy.
In this course, we'll unravel the art of composing effective business emails. Imagine emails that are easily understood, prompt responses, and boost productivity – yes, they do exist! With the right training, you'll learn how to craft emails that get the job done efficiently. Bid farewell to miscommunication and embrace the power of crystal-clear correspondence. No more lengthy snail mail – emails are the future, and in this webinar, we'll teach you the fundamentals of mastering this essential communication skill.
Mastering Commercial Credit: The Five C's of Lending
The Five Cs of Commercial Credit is a framework used by lenders to assess the creditworthiness of businesses. By understanding the Five Cs of Commercial Credit, bankers can assess the risk associated with lending to a particular borrower and make informed lending decisions. This helps banks to manage their risk exposure and ensure that they are lending responsibly.
Moreover, by evaluating each of the Five Cs, bankers can provide valuable advice to borrowers on how to improve their creditworthiness. This can help borrowers to secure financing in the future and build a strong financial foundation for their business.
Bankers have relied on the 5 C's of credit - Capacity, Conditions, Collateral, Capital, and Character for many years, but what do these terms really mean, and how do lenders use them to determine whether a potential borrower is creditworthy?
This simple credit model is simple to understand and easy to use. The speaker explains how lenders assess each of these factors and provides practical tips for borrowers to improve their creditworthiness. Attend the session to see the big picture for credit analysis and underwriting.
How to Write Right for Better Business Communication and Effective Emails - Improving Your E-Communication Skills
First, good leaders walk the talk, but they also “write right”. They know how to say in a few words what needs to be said in crisp, clear language. The road to bad communication is paved with good intentions but poor construction. Readers know when subjects and verbs don’t agree, when punctuation misses the point, when words don’t fit, and content is confusing. In this session, learn how a few basic rules on grammar, punctuation, and usage can improve business written communications with clearer, more succinct content. Business writing is best when it is spare and clear, precise and concise. This session is designed to give practical and useful advice and tips on how to tighten up language and organize the content into a logical, convincing read. Attendees don’t have to be English majors or literature students. The aim is to improve the readability of your written words.
Second, Emails are a core business communication tool. The speed and volume of email have dramatically changed the business communication. The not-so-old standards for professional correspondence have changed and will continue to do so. Employees need to know the best strategies to communicate effectively. An effective business email is easily understood, but it is not so easily written. We have all received poorly written emails. These emails are unclear, ambiguous and often get ignored. They can cause confusion. They can also be detrimental to business if projects are impeded or if clients misinterpret information. Fortunately, this communication skill can be Improved with training, and the payoff is that these clearer emails improve business communication and productivity.
This course will teach you how to write clearer emails to receive better responses. Well-written emails save time because they allow the recipient to clearly understand the task at hand and respond appropriately and promptly. Effective emails reduce confusion and improve productivity, and they are much faster to write than snail mail. This course will teach you the basics of effective email communication.
Why EBITDA Doesn’t Spell Cash Flow and What Does?
EBITDA is not cash flow and it can be misleading and costly to the lender in certain credit decisions.
The challenge here is to explain what we mean when we say cash flow. In recent decades bankers have seen several top contenders for the cash flow definitional sweepstakes—traditional cash flow, operating cash flow, and EBITDA. The ascendant definition has been EBITDA, largely because of its popularity with the investment community, and its use there has given it a certain cache among corporate bankers and commercial lenders.
EBITDA is a popular measure of cash flow, but it is not accurate, and bankers and investors who rely on it as a reliable indicator of repayment ability will be deeply disappointed. The lender needs to understand those fatal flaws so that they do not jeopardize the repayment of what otherwise appears to be a strong credit.
The session includes several examples and a case study to illustrate:
- Why EBITDA is flawed and how to apply better cash flow tools that actually measure repayment ability from cash flow.
- Discover the alternatives to EBITDA including: Operating Cash Flow, Net Cash after Operation, Net Cash Income, Cash after Debt Amortization and Free Cash Flow.
The Five Cs Of Commercial Credit: The Basic Elements Of Credit And Lending
Bankers have relied on the 5 C's of credit - capacity, conditions, collateral, capital, and character for many years, but what do these terms really mean, and how do lenders use them to determine whether a potential borrower is creditworthy?
This simple credit model is simple to understand and easy to use. Attend the session to C the big picture for credit analysis and underwriting.
Better Business Writing - How to Write Right
Good leaders walk the talk, but they also “write right”. They know how to say in a few words what needs to be said in crisp, clear language. The road to bad communication is paved with good intentions but poor construction. Readers know when subjects and verbs don’t agree, when punctuation misses the point, when words don’t fit, and content is confusing. In this session, learn how a few basic rules on grammar, punctuation, and usage can improve business written communications with clearer, more succinct content.
Business writing is best when it is spare and clear, precise and concise. This session is designed to give practical and useful advice and tips on how to tighten up language and organize the content into a logical, convincing read. Attendees don’t have to be English majors or literature students. The aim is to improve the readability of your written words.