Commercial Credit for Lenders/Analysts
What is Commercial Credit for Lenders/Analysts?
Commercial Credit for Lenders/Analysts (CCL) is a 9-week program, which provides a solid foundation in the basics of commercial lending and credit. The program focuses on the lender with little or no experience, loan trainee, credit analyst, or branch manager. A basic understanding of financial accounting is the only course prerequisite and the program is an ideal precursor for the popular Loan Officer Resident Seminar (LORS) held in the spring.
This is not an advance level course. It is a basic beginner to intermediate-level course for those institutions that are intent on “growing their own” lenders. It assumes that the participant has limited commercial lending experience or has used these skill sets minimally prior to the course. It is also a valuable course for those in transition to commercial lending for the very first time.
Commercial Credit for Lenders/Analysts is an exciting cost-effective educational opportunity to start your lenders off with a solid foundation in the basics of commercial lending and credit. Unique features include:
- Presentation in 4 comprehensive, instructor-led, all day sessions.
- Each session is preceded by 2 weeks of self-study.
- Instructor is available throughout the entire 9 weeks to assist participants.
- Self-assessment questionnaires enable each participant to measure their progress.
- RMA education materials serve as an excellent reference source for years to come.
- The class size is limited to 30 participants. Participants work closely together in a collegial, interactive, face to face instructor-led workshop environment. This collaborative approach ensures that all participants maximize the course value while learning from each other, and the instructor.
- The price is right.
*** An understanding of accounting principles is a prerequisite for taking the course. ***
What You Can Expect After Your Lending Professionals Complete CCL:
After completing this comprehensive learning experience, your lending professionals will have mastered the following key foundation skills:
- Concepts of financial accounting
- Projections
- Ratio trend analysis
- Business and industry risk analysis
- Management assessment
- Cash flow analysis
- Balance sheet and income statement analysis
Curriculum: CCL covers seven fundamental skill sets of commercial lending:
- Industry, Business & Management Risks
- Financial Statement Analysis
- Balance Sheets
- Income Statements
- Combining Balance Sheets and Income Statement Analysis
- The Cash Cycle and Seasonality
- Cash Flow Analysis
Instructor-Led Dates: -- the participant must attend each session. --
October 12, 2010 *
Module 1 – Industry, Business & Management Risks
Module 2 – Financial Statement Basics
October 26, 2010
Module 3 – The Balance Sheet
Module 4 – Income Statement Analysis
November 9, 2010
Module 5 – Combining Balance Sheet and Income Statement Analysis
Module 6 – The Cash Cycle and Seasonality
December 2, 2010
Module 7 – Cash Flow and Repayment Ability
*Participant will be required to complete Module 1 & Module 2 before attending the first session.
About the Instructor:
Donald Bedard has over twenty-five years of experience in the Commercial Loan and Commercial Credit fields. Recently, Don is a Senior Vice President at Lowell Five Cent Savings in charge of Credit and Loan Administration. In addition, the position involves expanding and enhancing the Commercial Credit function to support the expansion of the commercial and construction loan portfolios. Previously, Don was employed with Chaston Associates, Inc., an independent consulting firm that specializes in the area of loan review, asset/liability management, policy development, and regulatory compliance testing services. This position provided significant opportunity to expand his areas of expertise to include Commercial Loan and Commercial Real Estate Mortgage analysis, as well as Asset Based relationship review. Don has been involved as an instructor with RMA for several years, serves on the board of the New England Chapter, and contributes in the Loan Officer Resident Seminar (LORS) held annually in Durham, NH.
Site Location: Federal Reserve Bank of Boston, Boston, MA
Attire: Business Casual
Registration Fees:
RMA: $1,095 Non-Members: $1,395
Click here to register for this program.