Productive Commercial Credit Workflow Hacks

Speaker: Dima Berdiev, Managing Partner and Founder, DNB Advisory LLC

Once you have registered through the RMA website you will receive an email to complete your registration for this event in Zoom.

As an industry, we’ve been discussing and working on productivity in commercial lending and credit for decades. We’ve made some good progress. Part of productivity improvement has been through technology innovation. Yet, somewhere along the way we have lost track of why we are doing it, what the cost of inefficiencies or under-efficiencies is, how to continuously improve productivity but with human sensibility and balancing it all with the fact that we are not 100% automated environment with great involvement of the human factor, and how to ensure that you are in control of your efficiencies and not at mercy of yet another tech tool that may or may not work well. Add to the mix challenges of remote-based employees, especially in the times of Covid-19, and you have a complex problem and likely significant wasted resources that you may not be aware of.

In this seminar you will learn both larger impactful strategies of productive commercial credit workflow as well as small but effective tactics to help your colleagues become more productive. We will explore examples of staggering costs of inefficiencies that will be converted into dollars. While it may seem simple to shepherd a deal through the credit and lending funnel, just about any commercial lending team struggles with getting a complete enough package to underwrite, unable to get credit and lending on the same page, unable to get to what’s truly relevant and critical to the deal and overall workflow, and misses opportunities to prioritize various financing opportunities. We will explore both the individual deal workflow and workflow of deals within a team to offer insight into how to improve productivity and do it within the same work hours and without increasing your colleagues’ stress.

Instructor Bio:

Neil (Dima) Berdiev’s career in commercial banking spans two decades with a full range of commercial credit, lending and leadership roles at organizations that include Citizens Bank / RBS Citizens, Boston Private, Cambridge Trust, and FleetBoston Financial. He founded DNB Advisory LLC, an outsourced commercial credit advisory firm, to provide to the industry critical resources to run successful lending functions. Its coverage includes outsourced underwriting services, credit process overhaul, building of high performance credit and lending teams, training, and banking teams’ turnaround and crisis management, to name a few.