Education Seminar

FDIC Community Bankers Seminar Series: Interest Rate Risk & Securities Analysis Workshop
Hyatt Regency Los Angeles

Bank Presidents, CEOs, CFOs, members of the Asset-Liability Committee, and Treasury Staff should not miss this informative seminar.

California Bankers Association and the FDIC are committed to educating bankers on emerging regulatory issues as well as providing a regulatory insight on bank examination topics. This workshop will focus on two key areas undergoing increased regulatory scrutiny – interest rate risk (IRR) and investment security purchase and monitoring. This will include a discussion of regulatory guidance and a risk focused approach to improving analysis and documentation in these areas. 

The Workshop will include table top exercises and a Q&A session on each issue. A separate Q&A session will be held for general regulatory topics of key interest. Attendees will receive an in-depth understanding of these important areas of asset/liability management:

Interest Rate Risk (IRR)
Gain an understanding of the regulatory perspective on interest rate risk, including in-depth discussions on interest rate risk modeling; assumption support and documentation; and model backtesting and validation. We’ll discuss the interest rate risk management process and demonstrate modeling assumption support techniques that can be applied at your bank. This includes hands-on examples that you can take with you and readily apply.

Securities Analysis
Learn about the impact of the Dodd Frank Act on the regulatory treatment of investment securities. We will address changes to regulatory guidelines, pre-purchase and monitoring requirements, and examiner expectations. Tabletop exercises will use sample bond documentation to demonstrate if a security meets investment-grade standards and arrive at a regulatory classification.

Economic Presentation
An economic specialist will highlight aspects of the economy tailored to your specific area/state. Walk away with valuable insight into your market area and the resources to continue your own research.

Agenda

The session will run from 8:30 a.m. to 3:30 p.m., with breakfast and registration beginning at 7:30 a.m. and lunch at noon.

8:30 – 8:45
Opening Remarks

8:45 – 10:00
Interest Rate Risk Management

  • Statement of Policy and Advisory Statement
  • Corporate Governance
  • Identifying and Measuring Risk
  • Tabletop Exercises

10:00 – 10:15
Break

10:15 – 11:30
Interest Rate Risk Modeling Assumptions

  • Identifying and Measuring Risk
  • Monitoring and Reporting Exposures
  • Validating and Backtesting
  • Tabletop Exercises

11:30 – 12:45
Lunch & Economic Presentation

12:45 – 1:30
Interest Rate Risk Modeling Assumptions (Continued)

1:30 – 2:00
Investment Security Analysis

  • Outstanding Guidance
  • Due Diligence Process
  • Examination Treatment
  • Tabletop Exercises

2:00 – 2:15
Break

2:15 – 3:30
Investment Security Analysis (Continued)

3:30
Adjournment

Audience

Presidents & CEOs, CFOs, Members of the Asset-Liability Committee, Treasury Staff, and other senior managers involved in these topics

Scheduled FDIC Speakers & Participants

Andrea Davis, Field Supervisor, FDIC – Sacramento, CA
As a Field Supervisor Andrea Davis manages and directs the FDIC’s risk management examination program within the Sacramento , Calif. territory. She supervises the staff of field examiners, who are responsible for conducting examinations throughout Northern and Central California. In this capacity, she provides training, oversight, and guidance to the field examiners on all areas of the examination process, including ratings, the Allowance for Loan and Leases Losses, and accounting treatment. A 20-year FDIC veteran, she has been in her current position since 2002. Prior to moving to Sacramento, she was a field examiner in the FDIC’s Seattle field office, and a supervisory examiner with the FDIC’s Minneapolis field office.

Adam Drais, Senior Examiner, FDIC – Salt Lake City
Adam Drais is a Senior Risk Management Examiner in the Salt Lake City field office. He joined the FDIC in 2005 and commissioned as a Risk Management Examiner in 2008. Drais is regularly in charge of complex examinations including large and/or troubled institutions. He regularly evaluates all aspects of a financial institution, including interest rate risk and securities. He is an instructor for the Financial Institution Analysis School at the FDIC’s Corporate University, and he routinely provides classroom as well and on-the-job training to non-commissioned bank examiners preparing for the commissioning process.

Roger Ehrnman, Senior Examiner, FDIC – Los Angeles
Roger Ehrnman has over 20 years of regulatory supervision and banking experience. He joined the FDIC 1992 in Los Angeles. He left government service in 2004 to create and lead the Regulatory Risk Management Department at a multi-billion dollar mortgage and commercial real estate financial institution. In 2008, Ehrnman returned to government service as a Senior Examiner at the Federal Reserve Bank of San Francisco, and later returned to the FDIC in the Los Angeles field office. Through his tenure, he has examined banks of all sizes, complexity and condition. He serves as the regulatory accounting and capital markets specialist for the Los Angeles territory.

Brett McDivitt, Case Manager, FDIC – San Francisco
Brett McDivitt is a Case Manager in the San Francisco regional office. He joined the FDIC in 2002 in Houston. He served as a Risk Management Examiner in the Denver field office from 2004 until 2009 when he accepted the Case Manager position he currently holds. McDivitt served as the Accounting Subject Matter Expert for the Denver field office and currently serves as the backup Regional Accountant for the San Francisco regional office. He has been a CPA since 2007. He has been a course instructor for the Financial Institution Analysis School at the FDIC’s Corporate University since 2009. He also served as a course instructor during 2011 for the High Stakes Communication training through FDIC’s Corporate University.

John McGee, Senior Financial Analyst, FDIC – San Francisco
John McGee is the Senior Financial Analyst in the FDIC regional office in San Francisco and works in the Division of Insurance and Research. He is responsible for the financial analysis of banking conditions for the 11 states in the FDIC western region. Prior to joining the FDIC in 2010, McGee worked in the finance department at First Niagara Bank, a $30 billion institution headquartered in Buffalo, N.Y. He also previously worked as a financial analyst for M&T Bank, and two Fortune 500 firms. John is experienced in M&A analysis, profitability, strategic planning, and performance measurement.

Robert McGibbon, Field Supervisor, FDIC – Los Angeles
Robert McGibbon began his career with the FDIC in 1988 as a Risk Management Examiner in the Sacramento field office. He was promoted to a Case Manager in the San Francisco regional office in 1996 where he spent the next five years. While there, he was responsible for supervising banks in the Los Angeles, San Francisco, and Salt Lake City, Utah territories. In 2001, he became Field Supervisor for the Billings, Mont. field office and in 2002 became Field Supervisor for the Los Angeles Territory where he manages two offices that cover Los Angeles and San Bernardino Counties as well as the Central California Coast. In 2006, 2007 and 2011 McGibbon coordinated the San Francisco Region’s directors’ college/community banking workshop initiatives.

Shayna Olesiuk, Regional Manager – Division of Insurance and Research, FDIC – San Francisco
Shayna Olesiuk began her career with the FDIC in 1998 as an Economic Analyst in the San Francisco regional office. From 2002 to 2004, she worked for the Federal Reserve Bank of San Francisco as an Economic Education Specialist, focusing on monetary policy and international economics topics taught at the high school and college levels. In 2004, Olesiuk returned to the FDIC as Regional Economist. In this position, her primary responsibilities include analyzing the regional economies in the western United States as well as tracking conditions in the high tech, tourism, and real estate sectors. She is a regular contributor to the FDIC State Profiles and FDIC Outlook publications.

Edward Perkis, Supervisory Examiner, FDIC – Orange County, CA
Edward Perkis joined the FDIC in Orange County, Calif. in 1991 as a Risk Management Examiner and was promoted to Supervisory Examiner in 2006. He has been in charge of numerous examinations in the Western United States, including problem banks with assets in excess of $1 billion. He has taught Introduction to Examination, Financial Institution Analysis and RM Orientation at the FDIC’s Corporate University as well as provided bank director training throughout the San Francisco Region. He has participated as a Subject Matter Expert in the development/revision of the FDIC’s Risk Management Examination Policy Manual and both the Introduction to Examination and Financial Institution Analysis schools.

Mark Pinkard, Case Manager, FDIC – San Francisco
Mark Pinkard is a Case Manager in the San Francisco, regional office. He joined the FDIC in 1998 and has been the examiner-in-charge of many banks of all sizes, condition, and complexity including experience examining institutions with complex international operations. Throughout his career, Pinkard has recommended enforcement actions, assessed compliance with enforcement actions, and recommended removal of enforcement actions. He served as an Examiner in the San Francisco field office from 1998 until 2010 when he accepted the Case Manager position he currently holds. Pinkard served as the Bank Secrecy Act Subject Matter Expert for the San Francisco field office. He now oversees and administers a portfolio of financial institutions of varying complexity ranging in size up to $5 billion.

Silvia L. Ramirez, Senior Financial Analyst, FDIC – Washington, D.C.
Sylvia Ramirez works in the Division of Insurance and Research’s Risk Analysis Branch. She is responsible for conducting research and analysis of domestic and international banks and financial market conditions, contributing to reports used by the U.S. Treasury staff and the Financial Stability Oversight Council related to banking systems in other countries, contributing to Congressional testimony, and responding to requests for information from senior management. She has written numerous publications on banking related issues, and is currently the Acting Regional Manager for DIR’s San Francisco office. Before coming to the FDIC, Ramirez worked for the International Monetary Fund as a Research Officer for the Systemic Issues Division, analyzing international banking trends, conducting stress tests of banking systems in developed and emerging market countries, and providing technical advice to national authorities on risk management and banking issues.

Chris Rook, Supervisory Examiner, FDIC – Seattle
Chris Rook is a Supervisory Examiner in the Seattle field office. He began his examination career with the FDIC in 2000. Rook serves as a Capital Markets Subject Matter Expert for the Seattle territory and has assessed interest rate and liquidity risk management practices at some of the largest institutions in the nation. He is a course instructor for Leadership 101 at FDIC’s Corporate University.

Kelly Thornton, Financial Institution Examiner, FDIC – Salt Lake City
Kelly Thornton is a Financial Institution Examiner in the Salt Lake City field office. She began her examination career with the FDIC in 2006. Thornton is regularly in charge of complex examinations including large and/or troubled institutions. She has completed numerous reviews of interest rate risk and securities. She was an instructor for the Financial Institution Analysis School for two years at the FDIC’s Corporate University, providing guidance and feedback to developing federal and state bank examiners.

Jaclyn Valderrama, Risk Examiner, FDIC – San Francisco
Jaclyn Valderrama began her career with the FDIC in 2011 as a Risk Management Examiner. Since joining the FDIC, she has led many joint examinations with the OCC, FRB, and DFI, often for troubled and complex financial institutions. She has also served in key roles for a variety of financial institutions, including newly chartered, large, and complex financial institutions. Valderrama conducts both risk management and trust examinations throughout the San Francisco Region and frequently provides training to many developing examiners. Prior to joining the FDIC, she was with the Department of Treasury out of the Southern California region where she examined the majority of troubled savings and loans institutions, often reviewing the Allowance for Loan and Lease Losses level and methodology. During her four years of work with Treasury, Valderrama’s work proved pivotal in many resolution and enforcement strategies for failing thrifts.

British White, Senior Examiner, FDIC – Los Angeles
British White began her career with the FDIC in 2005, through the rigorous Corporate Employee Program, where she was exposed to all areas of the Corporation. She is currently a Senior Risk Management Examiner in the Los Angeles North field office. During her career, she has examined numerous institutions for safety and soundness and compliance issues, and has also worked with the Corporation’s Division of Resolutions and Receivership. White performs both risk management and Bank Secrecy Act examinations. She has served in key roles for a variety of financial institutions, including newly-chartered institutions and complex financial institutions. She has participated in Shared National Credit reviews and also assisted with the insurance determination of IndyMac.

Melissa Young, Senior Examiner, FDIC – Los Angeles
Melissa Young is a Senior Risk Management Examiner in the Los Angeles territory. She joined the FDIC in 1992, and has been the examiner-in-charge of many banks of all sizes, condition, and complexity. Throughout her career, she has recommended enforcement actions, assessed compliance with enforcement actions, and recommended removal of enforcement actions. She has been a speaker at many of the FDIC’s Banker’s Outreach programs and various other regulatory and banker conferences. Young is also a BSA/AML Subject Matter Expert, and serves as a resource to examiners, bankers, and CPAs. She has taught the FFIEC Anti-Money Laundering course in the San Francisco region, and rewrote some of the curriculum to communicate a better understanding of the topics. She has received several awards for her service throughout her career at the FDIC.

Registration Fees

Early Bird Registration by September 23, 2013
CBA Member: $345
Non-Member: $345

Regular Registration
CBA Member: $445
Non-Member: $445

Cancellation & Complaint Policies

Cancellation Policy: Substitutions are allowed, at no additional cost. Written notice is required for all substitutions/cancellations. The full registration fee will be refunded if the request is received by October 4, 2013, and 50 percent if by October 11. No refunds will be granted after October 11. Registrations made on or after October 11 are not subject to refund.

Complaints regarding this program should be directed to John Lingvall, VP & Director of Education at (916) 438-4428.

Location Information

Hyatt Regency Los Angeles
(the hotel is being rebranded, currently it’s the LA Hotel Downtown)
333 South Figueroa
Los Angeles, CA 90071
(213) 617-1133

CBA has arranged a special rate of $179 per night, which includes guestroom internet.  Please wait for more infornation before making your room reservation.

Credit Information

Program Level: Update for all levels

Prerequisite: None

Advance Preparation: None

Method of Presentation: Group – Live (Lecture, Discussion, and Table Exercises)

Recommended CPE Credits: 6.5 Hours Maximum
(Estimated 1.0 Accounting, 2.0 Finance1.0 Economics and 2.5 Specialized Knowledge and Applications)
Sponsored learning activities are measured by program length, with one 50-minute period equal to one CPE credit.  One-half CPE credit increments (equal to 25 minutes) are permitted after the first credit has been earned in a given learning activity.  Please note that not all state boards have adopted this rule.  Some participants may not be able to use one-half credit increments.

Commands