The Daily Dividend: FMS Education

News, notes and insights from around the industry

FEBRUARY 9, 2017
FMS Webinar: IRR Modeling 101
By Tom King, Director, Education and Outreach, Financial Managers Society

FMS logoInterest rate risk scenarios play a key role in the ALM process, but the confusion surrounding the many different approaches and variables that go into IRR modeling often prevents many institutions from getting the most out of this important analysis.    

For those looking to sort through the mysteries of IRR, FMS presents a convenient primer on the topic on Thursday, February 16 at 2:00pm EDT with IRR Modeling 101: Overview of EVE/NEV and NII Simulation. During this 75-minute webinar, Deb Donaldson of Alpha-Numeric Consulting will provide an overview of EVE/NEV and NII IRR simulation modeling, touching on everything from regulatory requirements to common modeling mistakes to industry best practices.

A great educational opportunity for not only those new to the interest rate risk role in their institution, but also a timely refresher for those who have been in the game for awhile, this session is happening one week from today and is FREE for FMS members, so don’t miss it! (Not a member? Join today!)

JANUARY 19, 2016
Get Connected!
By Autumn Wolfer, Director, Membership and Marketing, Financial Managers Society

When was the last time you checked out the online discussions on FMS Connect

If it’s been awhile, then maybe now is the perfect time to click over and read through some of the latest posts – particularly if you’ve been looking for a Mortgage Servicing Rights (MSR) vendor or balance sheet reconciliation software, two recent topics that have garnered double-digit responses/recommendations. Elsewhere, several FMS members have been discussing the processes they use to review municipal bonds and how the concentration policies lay out in their institutions.     

Best of all, even if none of these threads get you going, you can always start one of your own. It’s a great way to get direct feedback and insight from your fellow FMS members, and to find how institutions just like yours are confronting their challenges and managing their businesses.  

JANUARY 17, 2016
FMS Webinar: CECL in 2017
By Tom King, Director of Professional Development, Financial Managers Society

FMS logoMaybe you were hoping the calendar would flip from 2016 to 2017 and everyone would suddenly and magically just stop talking about CECL. It didn’t happen. If anything, you can probably expect to hear even more about the looming new standard as its implementation date slowly but surely approaches.   

So be sure to join FMS on Thursday, January 19 at 2:00pm EDT for CECL in 2017: What You Need to Know, our first webinar of the New Year. Over the course of this roughly 75-minute session, CECL expert Mike Umscheid from ARCSys will identify the four basic pillars of the new standard, provide an overview of the data sets you’ll need to consider and help you formulate a project plan to get your team ready.

Register now for this great educational opportunity, which is FREE to FMS members! (Not a member? Join today!)

DECEMBER 12, 2016
FMS Webinar: Loan Review
By Tom King, Director of Professional Development, Financial Managers Society

FMS logoWhether you’ve experienced it firsthand, heard about it from a peer or just read about it, the general consensus is that examiners are trying to get out in front of another potential credit crisis by focusing more intently on the underwriting processes and risks of commercial real estate loans in community institutions. 

For a better understanding of the risks to your institution and what regulators may be looking for, be sure to attend our upcoming webinar Focus on Risk from a Loan Review Perspective on Tuesday, December 13 at 2:00pm EDT. Over the course of this 75-minute session, David Bartus from BKD LLP will focus on the prudent underwriting and evaluation of CRE loans, the greatest risk areas for each loan type and best practices for monitoring your loan portfolio. 

Register now for this great educational opportunity, which is FREE to FMS members! (Not a member? Join today!)

DECEMBER 6, 2016
FMS Forum 2017: Your Soapbox is Waiting
By Tom King, Director of Professional Development, Financial Managers Society

FMS ForumWhile everyone else is seemingly preoccupied with hustling, bustling and decking the halls at this time of year, we here at FMS already have summer on our minds – specifically, The 2017 FMS Forum in Las Vegas. June may seem like a distant star amid the brisk days of December (especially as the flakes began flying here in Chicago for the first time this past weekend), but we’re already hard at work putting together another great educational program by fielding session proposals in our annual Call for Presentations.   

As usual, our four FMS Advisory Councils have identified specific topics in the areas of accounting, finance, risk management, internal audit and strategic issues to round out a comprehensive agenda that should help ensure a well-rounded program. But this year’s Call has a new wrinkle

While in the past this process focused solely on vendors, academics and consultants to the industry, for the first time this year’s Call for Presentations is also open to bank, thrift and credit union professionals (that means you). So how about it?  

Do you have some expertise or best practices you could share with your peers in a 60- to 75-minute presentation? 

Are you interested in participating as a subject matter expert on a panel discussion?

Will you heed the Call to step out of the audience and onto the stage this year in Las Vegas?

Check out the recommended topics and instructions on how to submit your proposal here. But hurry! Proposals are due on or before December 15


Mark Loehrke

Danielle Holland

Tom King
Director of Professional Development

Autumn Wolfer
Director of Marketing/Membership