Strategic Risk Associates Investor Services Team Finishes Successful First Year of Asset Resolution & Credit Services

Competition amongst the nation’s community banks has never been greater, which means the Strategic Risk Associates (SRA) Investor Services Division led by Ray Santelli and Andy Ferguson is likely to remain busy.

After more than 20 years in community banking, Santelli (former SVP for commercial lending and special assets) and Ferguson (former Chief Credit Officer for two banks) finished their first year working with SRA on a strong note, improving their client banks’ asset quality metrics and growing their clients’ bottom lines. The pair performs services that include problem asset resolution and management, enhanced loan reviews and high level fractional credit support.

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Regulatory “Chops” – You’ll need them to buy a bank in this environment

Your company is in the market to buy a bank and may have settled on a prospect.  As the executive in charge of the project you are considering how best to build and fully staff your M&A team to proceed with the purchase.  Simply put, the purpose of this article is to demonstrate the importance of bringing on board to your team professionals with what I call “regulatory chops.”  These are highly experienced banking professionals, sensitive to the complexities of the current regulatory environment, who can assist with your due diligence efforts and help pave the way to a successful negotiation, regulatory approval process and ultimate transition and integration.

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Strategic Risk Associates Expands in the South East

Richmond, VA – Strategic Risk Associates, LLC (“SRA”), a national advisory and consulting firm specializing in banks and financial services, is proud to announce our continuing expansion in the South East with the appointment of Merid Eshete as Managing Director, South East Region. Merid is based in Atlanta and a long time governance, risk and compliance (“GRC”) professional and executive with deep experience in enterprise risk management, risk advisory, M&A due diligence and integration.

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Board Oversight of Incentive Compensation Programs

Recently the CFPB announced an enforcement action against a large U.S. Bank alleging that a number of their employees improperly opened consumer accounts without them having been applied for, or authorized by, the customers. The reports are very concerning, but are other banks doing this? In this particular instance, a number of accounts were purportedly opened and then closed within a brief period of time. In other cases, the [unauthorized] accounts remained opened.  The stated motivation behind this activity were aggressive sales goals on the part of the bank and resultant pressure to meet those goals.

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Strategic Risk Associates Launches Insurance Enterprise Risk Management (ERM) Consulting Practice

Strategic Risk Associates, LLC (“SRA”), a national advisory and consulting firm for the financial services industry specializing in banks, is proud to announce the establishment of the Insurance ERM Division. SRA also welcomes insurance executive, Richard Kannan, to lead the Insurance ERM Division.

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Strategic Risk Associates Launches Investor Services Division; Andy Ferguson and Ray Santelli Join Strategic Risk Associates

Strategic Risk Associates, LLC (“SRA”), a national advisory and consulting firm specializing in banks and financial services, is proud to announce the establishment of the Bank Investor Services Division. SRA also welcomes Virginia Bankers Andy Ferguson and Ray Santelli as the Co-Directors of the Bank Investor Services Division.

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Wes Budd Join Strategic Risk Associates; Firm Expands in North Carolina

Richmond, VA – Strategic Risk Associates, LLC (“SRA”), a national advisory and consulting firm specializing in banks and financial services, is proud to welcome North Carolina Banker, Wes Budd, as a Managing Director of the Carolinas for SRA. Budd is a long time commercial banker and credit officer with deep experience in credit risk management, underwriting, workout, due diligence and integration.

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American Association of Bank Directors Announces Strategic Risk Associates’ Sponsorship

The American Association of Bank Directors (“AABD”) announced today that Strategic Risk Associates, LLC (“SRA”) has become a sponsor of AABD.

SRA is one of the leading bank consulting service firms in the United States, providing a variety of services to the banking and financial service industry, bank board of directors, and bank senior management. It recently unveiled its ERM Watchtower service, an easy to use risk management tool that enables bank directors and management to use an online system to efficiently monitor, manage and mitigate their top risks and integrate its risk management with strategic and capital planning. SRA is actively involved in bank director education and programs designed for bank boards of directors.

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Bob Dynko and Ed Haski Join Strategic Risk Associates; Firm Expands in North Carolina

Strategic Risk Associates, LLC welcomes North Carolina Bank Risk Professionals, Bob Dynko and Ed Haski, as Managing Directors of SRA.

RICHMOND, VIRGINIA (PRWEB) FEBRUARY 02, 2016
Strategic Risk Associates, LLC (“SRA”), a national advisory and consulting firm specializing in banks and financial services, is proud to welcome North Carolina Bank Risk Professionals, Bob Dynko and Ed Haski, as Managing Directors of SRA. Dynko, a CIA and CISA, is an internal audit professional who brings deep experience helping banks in Internal Audit, Finance, and Regulatory Compliance and is Managing Director of Internal Audit. Haski is a long time credit executive expert in credit risk management, underwriting, and process improvements and is Managing Director of Credit.

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