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3/26/2024
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When:
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March 26, 2024
2:00 - 3:30 pm
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Where:
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LIVE Webinar
United States
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Contact:
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Mandy Robertson
mrobertson@nadco.org
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Online registration is closed.
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« Go to Upcoming Event List
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NADCO LIVE Webinar - Developing and Deploying an Effective CDC Risk Rating System
Price Per Viewing Screen/Person: $299 for NADCO Members | $599 for Non-Members | $249 for SBA-Federal Government
Date: March 26, 2024
Time: 2:00 - 3:30 pm ET
Registration Closes: March 25, 2024 at EOD ET
Login: Login credentials and instructions will be emailed to you on the day of the webinar no later than 2 hours prior to the start of the webinar.
An effective risk rating system is critical to CDC operations and to SMART reviews with SBA’s Office of Credit Risk Management. As the SBA requires every CDC to have an internal system for grading and/or risk rating SBA loans as part of effective portfolio management, this course is a perfect opportunity to ensure your loan policies and procedures meet the requirements. Our panel of excerpts will help you gain a better understanding of the various components and methodology, who and how reviews are conducted and reported to management, and how CDC management including the CDC Board of Directors receives and uses this information.
KEY TOPICS:
- CDC policies for internal grading and risk rating
- CDC practices for rating loans at regular intervals throughout the life of the loan
- Determine how rating systems affect CDC portfolio management
- Identifying the person responsible for maintaining accurate risk ratings
- CDC policies and procedures for management reporting of risk ratings including internal controls of policy exceptions and altering a risk rating
Panel of Experts:
Diana Henriquez, Director of Portfolio Management, UCEDC, Linden, New Jersey
Diana Henriquez is UCEDC’s Director of Portfolio Management, joining the company in 2016. In this role, she has several responsibilities including overseeing compliance
of annual Small Business Administration (SBA) requirements for borrowers and handling of client servicing requests. Diana manages internal and SBA audits of portfolio clients as well as assisting 504 and 7a Community Advantage borrowers through the loan
closing process.
Mary Kropp-Benton, President, Power Steering Unlimited, Inc., Suttons Bay, Michigan
Mary Kropp is President of Power Steering Unlimited, Inc., a CDC
consulting business started in 2004. She has over 45 years of experience in commercial finance. After an 18-year career in commercial banking, she became the CEO of Enchantment Land CDC in New Mexico
in 1997, where she was a two-time winner of the SBA Financial Services Advocate of the Year award and numerous state and national awards for production and innovative
marketing. Mary left ELCDC in 2004 to start Power Steering, where she counts over 100 CDCs, NADCO and CDC attorneys as clients.
Randy Neumann, Portfolio Manager, Small Business Growth Corporation, Springfield, Illinois
Randy Neumann joined Growth Corp in 2008 and, as Portfolio Manager, is responsible for overseeing and reporting on the Loan Servicing, Litigation and
Liquidation functions of the corporation. His role involves compliance monitoring to ensure Growth Corp’s loan portfolio is in compliance with internal policies and SBA guidelines; assisting the SBA offices in Fresno, California, and Chicago, Illinois,
with monitoring and processing any actions necessary for Growth Corp’s liquidation portfolio; supervising and assisting Growth Corp’s servicing team with all processes that occur from the time a loan funds until it is mature, paid in full or charged off
by SBA; monitoring the Lender Portal Reports; and ensuring the corporation’s risk measurement scores are meeting or exceeding its peer group. In addition, Mr. Neumann also serves as a liaison to the Board of Directors, which involves reporting of the
corporation’s performance metrics, portfolio exits, non-current loans, portfolio concentration details and Lender Portal reports.
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