2024 Summer Underwriting Level Two
August 20 to 22, 2024
Date and TimeAugust 20-22, 2024
3:00 p.m. - 5:00 p.m. ET each day
DescriptionUnderwriting Level 2 explores three case studies individually. An emphasis is placed on identifying strengths and weaknesses of each, along with determining, through class participation, any structural changes that could have been addressed in underwriting to better manage the risks within each case. Participants will also explore ways each credit may have been managed ineffectively and discuss what protocols could have been put in place to contain any potential exposure. Through post-mortem review of these three case studies, participants can strengthen their approach to borrower and collateral pitfalls and more quickly identify patterns found in problem accounts to more proactively manage their risk.
We recommended that participants first complete Underwriting Level One before moving on to this curriculum.
Attendees are eligible for 6 CPE credits.
CurriculumDiscuss case studies of problem loans and how structural and other elements could protect lenders
Build effective skills in identifying weaknesses in the underwriting process
Learn about key topics that commonly arise in more complex transactions, which could include: in-transit lending, e-tailing, current lien issues across multiple industries, split lien transactions, and pitfalls to be aware of by industry
Learn to better identify challenges and areas of focus in new loan underwritings based on various topics
Who should attend?
Program level: Advanced
Underwriters with 2+ years of experience in commercial lending or private equity investing.
InstructorMignon Winston, VP Underwriting, Great Rock CapitalUnderwriting is far more than gathering data and calculating ratios. Underwriters need to make judgments about how to manage risk, and these are best when based in experience and when incorporating industry standards and best practices. Underwriting Level 1 will help participants in setting up lending parameters on prospective deals by managing and mitigating known and perceived risks more effectively. Learn how industry leaders think through credit issues and manage risk.
What participants will learn:
• A thorough and systematic overview of the key aspects of ABL underwriting;
• How to deepen awareness and understanding of assessing risks;
• How to develop deeper questioning skills to identify inconsistencies and potential fraud; and,
• How to develop a stronger ability to propose strategies to minimize the key risks for that client and report effectively to a credit committee.
Attendees are eligible for 14 CPE credits.
InstructorMignon Winston, VP Underwriting, Great Rock Capital
Refund/Cancellation PolicyThe Secured Finance Network reserves the right to cancel any program due to insufficient enrollment.
We recognize that plans can change due to business priorities, and we will work with you to find another workshop date that better suits your schedule. In order to receive a refund, you must submit written notification no less than five business days prior to the program start date.
CPE/CLESFNet is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org
Member Price: $960
Non-Member Price: $1,225Register
Contact: Denise Castagna
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