504 Programs – SBA & OCRM Oversight Compliance

Thursday, January 30, 2020
8:30 am - 5:00 pm



Pricing

Discounted Rate
(By 11/25/2019)
Standard Rate
(After 11/25/2019)
NADCO Member $549 $599
Non-Member $849 $899
Government $499 $549


Course Description

This one-day course provides an in-depth, comprehensive breakdown of SBA Oversight and OCRM Monitoring & Review Protocol for the 504 Loan program. In addition there is a comprehensive explanation of the SMART Protocol and Metrics . The course is designed to cover technical aspects of oversight of CDC’s, Governance, Internal Controls, Annual Reporting and Job Creation requirements along with post review Corrective Action Requirements and Independent Loan Reviews. The course provides direct interaction with the trainer regarding real and pertinent questions and/or situations. Resources and information provided in this course will give industry professionals the ability to make strategic and confident decisions in a variety of complex management and operating circumstances.

Topics Include:
Lender/CDC Governance
OCRM Monitoring and SMART Review Types
SMART Score & Metrics
OCRM Reviews & Frequency – SOP 50-53 & 51-00
Planning for & Preparing for OCRM
CDC Annual Reporting (Annual Reports & Job Creation)
Independent Loan Reviews
Developing and Implementing Internal Control Program
Corrective Actions and Reporting
Lender Portal and how to use it
OCRM Enforcement & Regulations
Loan Agents and Lender Service Providers
Eligibility, Credit Elsewhere, Equity Injection
Financial Analysis & Projection


Other Recommended Courses for Participants

Navigating SOP 50 10


Instructor Information

Brent M. Ciurlino
Mr. Brent Ciurlino, currently serves as a Sr. Vice President, for Risk and Operation at Newtek Small Business Lending the 5th largest SBA lender. In addition, he is also Board Director and Chairman of the Compliance Committee for Patriot Bank, NA, a $1.0 billion community bank serving New York, Connecticut and the Northeast market with a 7a and 504 lending division. Mr. Ciurlino has led a series of specialized national risk management and regulatory practice initiatives serving as a Director at IvorHill Risk Advisors in Washington DC which also includes international bank regulatory and small business lending assignments with the FDIC, US Treasury, World Bank, IFC and IMF. He recently served as Chief Operating and Risk Officer for Freedom Mortgage Corporation and Freedom Small Business Lending BIDCO, and led the sale and divestiture with Sandler O’Neill to ReadyCap Lending the largest SBA Small Business Lending Company managed by Waterfall Asset Management and the Sutherland REIT. He had also previously worked with Waterfall Asset Management and its family of ReadyCap Lending Companies as Sr. Advisor for Lending & Risk Services. Waterfall Asset Management is an SEC – registered special credit advisor focused on High Yield Asset Backed Securities (ABS) with assets under management in excess of $5.4 billion.

Mr. Ciurlino rejoined the private sector having served most recently as the Director- Office of Credit Risk Management (OCRM) for the US Small Business Administration where he implemented the PARRiS/SMART risk protocols and supervised the $105.0 billion SBA 7(a) and 504 loan debenture and portfolio programs along with supervising and regulating more than 4,000 SBA financial institutions & banks participating and securitizing in the program. He joined the SBA in January 2012, from the FDIC, where he previously was appointed by FDIC Chairwoman Sheila Bair as West Coast Corporate Manager of Asset Marketing at the onset of the Financial Crisis in 2009. He also recently served as a Committee Member of the Federal Credit Council of the US Treasury and Co-Chaired the Credit Risk Sub Committee.

Prior to his regulatory and risk management appointments during this financial crisis, Mr. Ciurlino served as Managing Director/ CEO of UnionBank Holding Company and UnionBank a $2.0 billion international banking group, with 32 domestic and international branches and 2 international credit card processing centers. As a lender, he also served as the Director of Large Loans & Credit for the Farm Credit Banks of Spokane and St. Louis for 10 years, coordinated capital assistance with the Farm Credit Administration and served as Managing Director with the international accounting/consulting firm of RSM McGladrey , for the Banking and International Structured Finance practice leading projects for the World Bank-IFC, International Monetary Fund, The Department of Housing and Urban Development and the Inter-American Development Bank. As well he served as the Deputy Director of Real Estate and Asset Disposition for the FDIC-RTC during the S & L Crisis of the 1990’s.

Mr. Ciurlino attended University of Maine and Washington State University respectively for his undergraduate and graduate masters studies in applied economics and finance.