Summer/Fall 2018
Edition 6, Volume 1
|
|
|
RMA Wisconsin Chapter Newsletter
|
|
|
President's Corner
|
RMA Members:
Welcome to the RMA Wisconsin Chapter's 2018/2019 fall line-up of classes and events. While we hate to see the summer end, kids are getting back in to school and our Chapter is gearing up for another year of educational classes, roundtables, networking and panel events.
With a new year comes changes within our Board roster as well. Long-time Board Member and RMA advocate, Pete Brethouwer, stepped down to pursue other opportunities. We will greatly miss his support and thoughtful ideas that supported our local chapter. We have several Board Member positions open; if you are interested in hearing more about the leadership opportunities of joining the RMA Wisconsin Chapter Board, please reach out to me.
We are excited for the opportunities that this year will bring including continuation of the following events:
- 2018/2019 Article Writing Competition
- Academic Scholarships to juniors/seniors
- Senior Credit Officers roundtable
- Credit Analst roundtable
- Expert panel events
- Brewers' baseball game
Additionally, we are working on bringing you new events such as:
- Operational roundtables
- Academic case study competitions
- Young Professional specific events and networking opportunities
On behalf of our local chapter leadership, thank you for your continued support of RMA and of our local chapter. It is because of this support we can bring events like those listed above right here to Wisconsin. Please check out the list of RMA Wisconsin Chapter Board Members - these individuals and their institutions or firms have made a commitment to RMA and the local board by volunteering their time to bring events locally - for YOU, our members. If you are interested in joining this amazing leadership group, please reach out to me any time.
I look forward to a great 2018/2019 RMA year!
Sincerely,
Melissa Torres, President, RMA Wisconsin Chapter
Vice President - Credit Risk Management
State Bank of Cross Plains
mtorres@sbcp.bank
|
|
|
Upcoming Events
|
Following is the Fall 2018 Educational Calendar:
09/07/18 - Basic Financial Statements - Waukesha
09/14/18 - Adv. Loan Structuring, Collateral and Documentation
- La Crosse
9/27-28/18 - Cash Flow Analysis II - Madison
10/05/18 - Cash Flow - Waukesha
10/11/18 - Problem Real Estate Loans - Madison
10/15/18 - Essential Elements of Credit Presentations - Eau Claire
10/29/18 - Analyzing Personal Financial Statements and Tax Returns
- Waukesha
11/07/18 - Commercial Real Estate Lending Two: Underwriting
- Madison
11/09/18 - Writing About the Risk - Beloit
11/16/18 - Principles and Practices of Credit Administration - Wausau
11/29/18 - Analyzing Business Tax Returns - Waukesha
The RMA Wisconsin Chapter has a nice line-up of classes scheduled for the Fall 2018 thru Spring 2019 calendar. Please visit our website regularly for our educational line-up and local programming events including roundtables, lunch-n-learns and other networking events.
For more information or to register for any of these programs visit our website at www.rmawi.org .
|
|
Upcoming Programming Events
|
Following are programming events we have scheduled or are working on:
Appleton -
09/26/18 - CECL Forum
10/16/18 - Senior Credit Officer Roundtable
11/TBD/18 - Operational Risk Roundtable
Madison -
10/25/18 - Senior Credit Officer Roundtable
10/31/18 - Scary Lending Stories
11/01/18 - Credit Analyst Roundtable
Milwaukee -
01/22/19 - Senior Analyst Roundtable (Oconomowoc)
More information will be sent out once we get closer to each event. Look for member events near you to refresh you on all of the opportunities RMA membership has to offer you! Also, visit our
website
to sign up for these events or to get more information.
|
|
RMA Foundation Scholarship Winners
|
Since its inception in 2014, The RMA Foundation has awarded more than $500,000 in scholarships to four-year college students who are interested in working in the banking industry after graduation.
We are happy to announce that for the 2017-2018 academic year, The RMA Foundation has awarded scholarships to 88 students who have distinguished themselves through their academic work, industry knowledge, and experience. Of that number, 73 students were first-time recipients and an additional 15 students received renewal scholarships. We received over 300 strong applications this year and thank you for your help in spreading the word. New this year, the William F. Githens Scholarship, named for RMA's former CEO, was awarded to two of this year's most promising scholarship candidates, who demonstrated exceptional academic achievement and commitment to the financial services industry.
We have three (3) scholarship winners from Wisconsin:
- Dillon Klahn, University of Wisconsin
- Anna Ruedinger, University of Wisconsin - Green Bay
- Tristan Petrauskas, Carroll University
Congratulations!
|
|
2018/19 Scholarship Window Open
|
Last year the Wisconsin Chapter had three (3) scholarship winners! We encourage you to sign up for this scholarship to possibly help with your educational finances!
|
|
Article Writing Winners
|
|
2017 - Ryan Kelley from State Bank of Cross Plains was the National Article Writing Winner! His article titled: "
Leveraging Data to Enhance Returns from the Commercial Appraisal Process", was published in The RMA Journal, RMA's National Monthly Publication. Here is a link to a podcast with Ryan and his article:
2018 - The RMA Wisconsin Chapter would like to announce the winners of their 2018 RMA Article Writing Competition. We had some really great submissions and look forward to what will be presented next year! The winners are:
1st Place -
Jeremy Maricque
- Loan Review Manager, Johnson Bank and RMA Student Member
Article titled: Practical KRIs for a Community Bank Commercial Loan Portfolio
2nd Place -
Frank Demogerontas and Riley Hanson
- Marquette Students & RMA Student Members
Article titled: Resurrection of the Glass Steagall Act
Congratulations to our winners!
We have forwarded their articles to the national RMA Article Writing Competition
where they have the chance to be published in The RMA Journal!
Best of luck to you both!
2019 - Watch for information on the 2019 contest coming soon. Monetary rewards are given out! Plus, you could get your article published in The RMA Journal.
|
|
National RMA Minute
|
- RMA recently announced appointment of its 9th and first woman CEO, Nancy Foster. Nancy took the title of President and CEO with RMA on 1/1/18.
- In an effort to be more environmentally conscious, RMA has piloted a new digital participant manual app, The RMA Reader, in several upcoming Open Enrollment (OE) courses. Be on the lookout as it will be coming to an RMA OE course near you!
|
|
Celebrating the Leaders at RMA's Chapter Leaders Conference
|
|
By Stephen Krasowski for the September 2018 RMA Journal
Over 200 RMA chapter leaders representing 72 chapters from across the country and Canada gathered at the Sheraton Charlotte Hotel in Charlotte, N.C. June 20-22 for the RMA Chapter Leaders Conference (CLC) to learn, network, and make new friends.
In her welcoming address, RMA President and CEO Nancy Foster emphasized that "we continue to be challenged by risks like cybersecurity, by competition both inside and outside of the industry, and with constant regulatory change, and there's no one better positioned to help the industry more than RMA today."
RMA Chair Robert Messer remarked that "we're here because we want things to be better, and you all have the awesome responsibility in what makes RMA such a special organization,
you
'
re leading our volunteers. If you don't do the work, it's not going to be done, and if the work's not done, things won't get better."
Messer, senior executive vice president and chief financial officer, American National Bank of Texas, noted that, as chapter leaders and volunteers, there are several things that need to be done. He said you need to scan the fringes of the organization and recognize that when good people come forward in the chapter you need to engage them by giving them something meaningful to do. The second thing is to create clear expectations of what needs to happen. The third thing is to give the volunteers candid feedback, both good and bad. He said you have to recognize and reward based on the clear expectations you set. The fourth thing is dealing with volunteers who are not doing their jobs. Finally, he said, one of the most important responsibilities in your role as a volunteer is always recruiting new volunteers.
"The lifeblood of RMA and any organization is dependent upon our ability to attract, retain, motivate, and engage quality people to help us with our effort. If we ever lose the ability to do that, then we've lost," said Messer.
Read the entire article in the upcoming September edition of The RMA Journal.
|
|
RMA Annual Risk Management Conference
|
Don't forget to register for this year's Annual Risk Management Conference on November 4-6, 2018 in National Harbor, MD (just outside of Washington D.C.).
Featured Speakers:
- Richard A. Clarke, Chairman and CEO, Good Harbor Security Risk Management, LLC
- Joseph M. Otting, Comptroller of the Currency, OCC
- Kathy Pearson, Ph.D., President and Founder, Enterprise Learning Solutions, Inc.
- Mark M. Zandi, Chief Economist, Moody's Analytics.
|
|
|
Enriching Banking Education: A New RMA Initative
|
By James Kolari for the November 2017 RMA Journal
DRIVE DOWN ANY
main street in the United States and what do you see? Shops, restaurants, office buildings, gas stations, neighborhoods-and, yes, commercial banks.
The ubiquitous presence of banks on busy community streets is not by chance. Bankers want to be close to their depositors and closer still to their business customers. Without banks, many businesses would not exist. It is not an overstatement to say that banks are the financial lifeblood of communities across our nation.
Because banks are so deeply involved in all aspects of community affairs, they demand a diverse group of employees with different backgrounds, ethnicities, educational skills, and business talents. Customers want bankers who understand them and live in their neighborhoods. They want to feel welcomed when they call on bankers for assistance and to value bankers as trusted advisors.
With so many people counting on them, bankers have important jobs.
Given that commercial banks are virtually everywhere and offer highly respected professional careers, it is surprising that most high schools and universities in the United States do not offer any classes in banking. There is a widening gap between the growing need in our communities for talented bankers and the increasing lack of formal educational programs in our schools. I have been a banking professor at Texas A&M University for 37 years and am appalled by the steady erosion of banking courses in higher education.
At Texas A&M, we want to reverse that trend. After the financial crisis, we started the Commercial Banking Program in the Department of Finance, Mays Business School. We were motivated by the fact that our finance students lacked business contacts, summer internship opportunities, and job prospects after graduation.
The program started in the spring of 2012 with 15 students and 10 banks. Today, more than 80 students and approximately 40 banks are involved, in addition to regulatory agencies and vendors of banking services. The major reason for the program's tremendous growth is the active support from commercial banks across Texas that are keen to hire
young, talented students.
An important step in initiating the program was putting together a founding group of bankers. For this purpose we reached out to bankers with a history of interaction with our department and students. The founders formed an executive board that reached out to other bankers who might be interested in participating on an advisory board.
To read the rest of the article or to download this article, please visit the RMA National website:
|
|
|
| |
|
|
| |
|
