As a result of the 2008 financial crisis, the Federal Financial Institutions Examiners Council (FFIEC) created guidelines on stress tests for capital, liquidity, and interest rate risk over the last three years. Although these guidelines are intended for large banks, the requirement is likely to filter down to community banks in the near future.
This informative Web seminar will explain the guidelines for each of these stress tests-capital, liquidity, and interest rate risk, including changes that have occurred since the January 2010 FFIEC pronouncement-from a community bank perspective.
Who will benefit?
Risk professionals at community banks, who are involved in designing or executing stress and scenario tests and interpreting the results, and senior management responsible for considering the response to test results or for discussing the results with regulators.
Presenter: James Clarke, Clarke Consulting
James J. Clarke, Ph.D.
James Clarke is a board member and chair of the asset/liability committees (ALCOs) of two community banks in the Mid-Atlantic region, as well as a board member of an investment company in Connecticut. He has audit committee experience with both community banks and investment companies. During his career, he has served on the board of a number of community banks and has been the ALCO chair of each.
Clarke consults in the area of asset/liability management and strategic planning. He currently works with a number of community banks, advising their ALCOs on a quarterly basis. He also conducts a quarterly webcast for RMA on current issues facing bank financial managers and lenders, as well as educational programs for national and state associations, including RMA, on liquidity risk and asset/liability management.
Having had a long career as a university professor, Clarke is a faculty member of the American Bankers Association's National School of Banking, the Graduate School of Banking at Madison, and a former faculty member of the Stonier Graduate School of Banking. He is also on the faculty of a number of state banking schools, including those in Massachusetts, Connecticut, New York, and Pennsylvania.
Clarke has written numerous articles on asset/liability management and the ALCO process, along with other current bank financial issues. His most recent publications focused on the subprime mortgage crisis and appeared in the March and April editions of The RMA Journal.
He holds a B.A. in economics from LaSalle College and a Ph. D. in economics from the University of Notre Dame. He recently retired from the finance department at Villanova University after a 30-year career.
All scheduled dates for this event are listed below. If there are no dates listed we do not currently have this event scheduled.