Speaker Profile
DEV STRISCHEK
A frequent speaker, instructor, advisor, and writer on credit risk and commercial banking topics and issues, Dev Strischek is principal of Devon Risk Advisory Group and engages in consulting, speaking, and training on a wide range of risk, credit, and lending topics. As a former SVP and senior credit policy officer at SunTrust Bank, Atlanta, he was responsible for developing, implementing, and administering credit policies for SunTrust’s wholesale lines of business--commercial, commercial real estate, corporate investment banking, capital markets, business banking, and private wealth management. He also spent three years as managing director and credit approver in SunTrust’s Florida commercial lending and corporate investment banking areas, respectively. Prior to SunTrust, Dev was chief credit officer for Barnett Bank’s Palm Beach market. Besides stints at other banks in Florida, Kansas City, and Ohio, Dev’s experiences outside of banking include CFO of a Honolulu construction company, combat engineer officer in the U.S. Army, and college economics instructor in Hawaii, Missouri, and Florida. A graduate of Ohio State University and the ABA Stonier Graduate School of Banking, he earned his M.B.A. from the University of Hawaii.
Dev serves as an instructor in RMA’s Florida Commercial Lending School, the Stonier Graduate School of Banking, and as both an instructor and as a member of the American Bankers Association's (ABA) Commercial Lending and Graduate Banking School advisory board. His school, conference, and workshop audiences have included participants drawn from the ABA, RMA, OCC, Federal Reserve, FDIC, FFIEC, SBA, the Institute of Management Accountants (IMA), and the AICPA.
![Projecting and Financing Long-Term Sales Growth and Cash Flow Repayment Ability Projecting and Financing Long-Term Sales Growth and Cash Flow Repayment Ability](https://www.grceducators.com/image/cache/catalog/Speaker/85x95/DEV-STRISCHEK-80x90.png)
Projecting and Financing Long-Term Sales Growth and Cash Flow Repayment Ability
Learn key assumptions in a projection and how to assess validity, and the value of a downside-most likely projection to stress test the assumptions. The session shows participants how to project the income statement, balance sheet, and cash flow to calculate the loan amount needed to support the income statement projection and evaluate the ability of the borrower to repay the loan. How much inventory does t..
![How to Write Better Emails How to Write Better Emails](https://www.grceducators.com/image/cache/catalog/2022-Speaker%20/85-95/DEV%20STRISCHEK_NEW-80x90.jpg)
How to Write Better Emails
Good writing takes practice, but many schools have reduced the time spent on formal writing-especially practical grammar, accurate spelling, appropriate punctuation, logical development, etc. This course can’t fill that kind of educational vacuum, but it can help participants improve on the skills they do have. In this course you will learn:How to write more focused, professional communications and emails?H..
![BEST SELLER - Seven Habits of an Effective Credit Administration BEST SELLER - Seven Habits of an Effective Credit Administration](https://www.grceducators.com/image/cache/catalog/BEST-SELLER/BEST-DEVS-0007-80x90.jpg)
BEST SELLER - Seven Habits of an Effective Credit Administration
This audio session by Dev Strischek is intended to provide guidance on how to develop and maintain a Credit Administration (CA) function that will provide guidance to anyone involved in the credit function of the bank. The session also highlights the safeguards to manage the bank’s loan portfolio in a safe and sound manner. CA supports credit risk management by watching over credit policy, credit analysis a..
![14 Credit Discipline Tools for Diagnosing, Improving, and Maintaining Your Organization’s Credit Culture 14 Credit Discipline Tools for Diagnosing, Improving, and Maintaining Your Organization’s Credit Culture](https://www.grceducators.com/image/cache/catalog/Speaker/85x95/DEV-STRISCHEK-80x90.png)
14 Credit Discipline Tools for Diagnosing, Improving, and Maintaining Your Organization’s Credit Culture
Successful credit risk management relies on a strong credit culture to support and execute strategies and policies. In turn, the culture relies on some basic tools to maintain its strength. These 14 tools offer an expedient way to test the quality of credit risk management but also serve as techniques for remediating and improving credit culture and credit risk management.Learning ObjectivesDefine and expla..
![Basics of Asset Based Lending (ABL) Basics of Asset Based Lending (ABL)](https://www.grceducators.com/image/cache/catalog/Speaker/85x95/DEV-STRISCHEK-80x90.png)
Basics of Asset Based Lending (ABL)
Asset-based lending (often referred to as “ABL”) is a form of commercial lending designed to finance safely the working capital needs of a borrower whose cash flow currently may not support debt repayment. Like other commercial loans, cash flow is the primary repayment source for an asset-based loan but with a stronger reliance on the company's assets as collateral and firmer control over the receipts of th..
![Construction Lending and Real Credit Administration: Evaluating, Underwriting, and Monitoring Construction Loans Construction Lending and Real Credit Administration: Evaluating, Underwriting, and Monitoring Construction Loans](https://www.grceducators.com/image/cache/catalog/Speaker/85x95/DEV-STRISCHEK-80x90.png)
Construction Lending and Real Credit Administration: Evaluating, Underwriting, and Monitoring Construction Loans
Most bankers acknowledge that construction lending is riskier than other types of commercial lending:Repayment ability depends on successful completion of the construction before the project can generate cash flow from the sale of the finished property, from rental or lease of the real estate, or permanent take-out refinancingDuring the construction period, the collateral is literally work-in-progress and o..
![Evaluating, Underwriting, and Lending to Construction Contractors Evaluating, Underwriting, and Lending to Construction Contractors](https://www.grceducators.com/image/cache/catalog/Speaker/85x95/DEV-STRISCHEK-80x90.png)
Evaluating, Underwriting, and Lending to Construction Contractors
Volatility of construction risk in economic cyclesSupply chain risk for contractorsPayment process for contractors and subcontractorsContractor status report and key elements in contractor accounting and financial statementsProgress billings, retention, and collateral valueRole of sureties in providing bonds to contractors—lien prioritiesEvaluating contractor downside cash flow, collateral , and guarantors ..
![Financial Insights: GAAP's New Accounting Principles Financial Insights: GAAP's New Accounting Principles](https://www.grceducators.com/image/cache/catalog/Speaker/85x95/DEV-STRISCHEK-80x90.png)
Financial Insights: GAAP's New Accounting Principles
In today's ever-evolving financial landscape, staying up-to-date with accounting principles is essential. Join our insightful webinar, "Mastering GAAP: Navigating New Accounting Principles and Their Impact on Borrower Financials" to demystify recent changes in accounting standards and understand their repercussions for both borrowers and lenders.Key Takeaways:Background of FASB and IASB Accounting Convergen..
![How to Write, Implement, and Maintain Your Credit Policy How to Write, Implement, and Maintain Your Credit Policy](https://www.grceducators.com/image/cache/catalog/Speaker/85x95/DEV-STRISCHEK-80x90.png)
How to Write, Implement, and Maintain Your Credit Policy
Right or wrong, credit policy is the organization’s rule book for its credit risk management strategy, and it also reflects the organization’s credit culture. Both the market and the regulatory agencies expect the credit policy to be accurate, current, and succinct so that both line and credit have unambiguous and clear direction on how to identify, evaluate, underwrite, approve, book and monitor creditwort..
![Lease Capitalization - How Lease Capitalization Impacts Borrower Leverage, Liquidity, Profitability, and Repayment Ability Lease Capitalization - How Lease Capitalization Impacts Borrower Leverage, Liquidity, Profitability, and Repayment Ability](https://www.grceducators.com/image/cache/catalog/Speaker/85x95/DEV-STRISCHEK-80x90.png)
Lease Capitalization - How Lease Capitalization Impacts Borrower Leverage, Liquidity, Profitability, and Repayment Ability
Generally accepted accounting principles (GAAP) do not change often, but when they do, we need to understand how changes in GAAP effects borrowers’ and clients’ ability to repay. GAAP now requires that companies capitalize their leases, and that may worsen their leverage, reduce their liquidity, lower their profitability, and reduce their ability to repay.This webinar will explain why lease capitaliza..
![Sharpen Your Critical Thinking for Better Decisions and Solutions Sharpen Your Critical Thinking for Better Decisions and Solutions](https://www.grceducators.com/image/cache/catalog/Speaker/85x95/DEV-STRISCHEK-80x90.png)
Sharpen Your Critical Thinking for Better Decisions and Solutions
Define critical thinking - Logical deduction - Scientific method - Prioritization of important and urgent items over unimportant and less urgent items - Pareto’s Law Explain goals and benefits of critical thinking - Ability to identify, evaluate, implement, and monitor quickest, most accurate, cheapest solutionDescribe critical thinking skills- Analysis- Communication- Creativity- O..
![Writing Effective Emails Writing Effective Emails](https://www.grceducators.com/image/cache/catalog/Speaker/85x95/DEV-STRISCHEK-80x90.png)
Writing Effective Emails
Get Practical Tips to Write Purposeful, reader-focused Emails, and Respond to Them Effectively. Have you ever received those emails with endless and useless lists of recipients? Did you ever have to struggle to go through overlong, cryptic prose with the twisted logic of an email, only to realize later that the message sent to you doesn’t concern you or your business? Did you have to suffer one of those biz..
![Financial Projections for Determining Long-Term Cash Flow Repayment Ability Financial Projections for Determining Long-Term Cash Flow Repayment Ability](https://www.grceducators.com/image/cache/catalog/Speaker/85x95/DEV-STRISCHEK-80x90.png)
Financial Projections for Determining Long-Term Cash Flow Repayment Ability
The session will explain the importance of revenues in projecting financial statements and cash flow. Then the session will show participants how to project the income statement, balance sheet, and cash flow to calculate the loan amount needed to support projection and evaluate the ability of the borrower to repay the loan. Evaluation of underlying assumptions includes the feasibility of revenue growth rate..
![Accounting on the Move: What Recent Changes in US GAAP Accounting Mean for Borrowers and Lenders Accounting on the Move: What Recent Changes in US GAAP Accounting Mean for Borrowers and Lenders](https://www.grceducators.com/image/cache/catalog/Speaker/85x95/DEV-STRISCHEK-80x90.png)
Accounting on the Move: What Recent Changes in US GAAP Accounting Mean for Borrowers and Lenders
Much of the change in GAAP in recent years is the result of collaboration between the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) to bring the US and international accounting principles closer together. At some point, both groups decided they were as close as they would be likely to get on several key concepts—revenue recognition, lease capitalization,..
![Asset Based Lending: Policy and Underwriting Guidance for Borrowing Base Lending on Receivables and Inventory Asset Based Lending: Policy and Underwriting Guidance for Borrowing Base Lending on Receivables and Inventory](https://www.grceducators.com/image/cache/catalog/Speaker/85x95/DEV-STRISCHEK-80x90.png)
Asset Based Lending: Policy and Underwriting Guidance for Borrowing Base Lending on Receivables and Inventory
Asset-based lending (often referred to as “ABL”) is a form of commercial lending designed to finance safely the working capital needs of a borrower whose cash flow may not support debt repayment. Like other commercial loans, cash flow is the primary repayment source for an asset-based loan but with a stronger reliance on the company's assets as collateral and firmer control over the receipts of the collater..