Best Practices in Commercial Risk Management
Presented by: Daniel Schleitweiler, CUERME
Assistant Vice President | Risk Management
Cooperative Business Services, LLC
Rising rates and inflation could cause collateral values to suffer and highly leveraged borrowers to default. So, what’s hiding in your commercial loan portfolio could cause a shift in risk. This breakout session will focus on understanding how these and other economic factors play into risk management oversight, including best practices in stressing your portfolio. Join Dan Schleitweiler to learn more about this hot topic and more.
How Do I Get the Most Out of AI Decisioning
Presented by: Aaron Long, Head of Sales
Zest AI (CMFG Ventures Portfolio Companies)
One of the most commonly expressed opportunities for credit unions are finding efficiency gains in the consumer loan underwriting process. In today's world people crave and prioritize speed and simplicity. Everything we do today, can be done at our fingertips and with a few clicks. Instant gratification is the name of the game.
The same is true for loan applications as well: the easier we make it for members to get a new loan or refinance an existing one, the more they're going to use your loan products and the more loyal they are. By applying the best practices from FinTech to your lending process, Credit unions could dominate consumer lending.
AI speeds up underwriting, reduces the cost to produce a consumer loan and improves your member experience. This session will go into more depth on how to implement AI most successfully and how to leverage AI to provide FinTech-like member experiences.
Emerging Risk Outlook
Presented by: James Bullard
Senior Consultant, Risk and Compliance Solutions
CUNA Mutual Group
Keeping ahead of the complex array of ever-changing risks, compliance issues, and industry regulations that are impacting credit unions requires keen awareness, effective preparation, and loss control scrutiny. When risk management is effective, typically nothing bad happens.
But, if you’re blindsided by a problem, your credit union reputation takes the hit. Don’t let not knowing which emerging risks are around the corner take the blame. While each credit union has its own unique risk footprint, this Emerging Risks Outlook introduces risks and trends that should be on your radar.
NOTE: Additional sessions will be announced in the coming weeks...Stay tuned!
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