Join us as we hear from Dev Strischek and learn the skills to evaluate, underwrite, and manage construction contractor risks.
This class covers essential topics such as contractor accounting disclosures, financial condition assessment, cash flow evaluation, and key underwriting elements. Understanding these areas is crucial as the construction industry significantly impacts local economies.
What You'll Learn:
- How to Analyze contractor accounting disclosures
- Assess financial performance against industry benchmarks
- Evaluate repayment ability using financial statements and contract status reports
- Determine sufficient cash flow, collaterally and guarantees for loan repayment
Topics Include:
- Construction risk in economic cycles
- Supply chain and payment process risks
- Contractor financial statements and status reports
- Sureties and lien priorities
- Downside cash flow and collateral evaluation
- Loan conditions and covenants
Enhance your lending expertise and contribute to the growth of your organization and local market.
Dev Strischeck
A frequent speaker, instructor, advisor, and writer on credit risk and commercial banking, Dev is the principal of Devon Risk Advisory Group, specializing in consulting, speaking, and training on risk, consulting, and lending topics. With a distinguished career and former SVP and Senior Credit Policy Officer at SunTrust Bank, Dev developed and manager credit policies across various wholesale lines of business. He has also severed as Managing Director and Credit Approver in SunTrust's commerical lending and corporate investment banking sectors, and as Chief Credit Officer for Barnett Bank's Palm Beach market.
Dev's diverse experience includes roles as CFO of a Honolulu construction company, combat engineer officer in the U.S. Army, and college economics instructor. Dev is a past national chair of RMA.