Mr. Dev Strischek

Area Of Expertise : Banking
35 Years Of Experience

A frequent speaker, instructor, advisor and writer on credit risk and commercial banking topics and issues, Martin J. "Dev" Strischek is principal of Devon Risk Advisory Group based near Atlanta, Georgia.  Dev advises, trains, and develops for financial organizations risk management solutions and recommendations on a range of issues and topics, e.g., credit risk management, credit culture, credit policy, credit and lending training, etc. Dev is also a member of the Financial Accounting Standards Board’s (FASB’s) Private Company Council (PCC).  PCC’s purpose is to evaluate and recommend to FASB revisions to current and proposed generally accepted accounting principles (GAAP) that are more appropriate for privately held firms.  He also serves as the PCC’s representative to FASB’s Credit Losses Transition Resource Group supporting the new current expected credit loss (CECL) standard. Dev is the 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, Mr. Strischek was chief credit officer for Barnett Bank’s Palm Beach market. Besides stints at other banks in Florida, Kansas City, and Ohio, his 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. Mr. Strischek serves as an instructor in RMA’s Florida Commercial Lending School, the American Bankers Association's (ABA) Advanced Commercial Lending School and ABA’s  Stonier Graduate School of Banking, and the Southwest Graduate School of Banking. 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. Recent conference presentations have ranged from the new GAAP accounting principles for revenue recognition, lease capitalization, and current expected credit losses (CECL) to commercial real estate concentration management, from character in lending to leveraged lending, from credit risk management techniques and tools to why EBITDA doesn’t spell cash flow. Mr. Strischek has written over 200 articles about credit risk management, financial analysis and related subjects for the ABA’s Commercial Insights, the Risk Management Association’s RMA Journal, and other business professional journals. He is the author of Analyzing Construction Contractors and its related RMA workshop. A past national chair of RMA and former RMA Florida Chapter president, Dev serves as a member of the RMA Journal’s advisory board, and an ex-officio board member of the Florida and Atlanta RMA chapters. He also serves on the advisory board of the Atlanta Chapter of the Professional Risk Managers’ International Association (PRMIA), and he has consulted on credit risk and policy issues with banks in Morocco, Egypt, and Angola through the US State Department’s Financial Service Volunteer Corps (FSVC).

 

11 results Found
Live Webinar

The GAAP Gap--Revenue Recognition, Lease Capitalization, and Current Expected Credit Loss

Much of the change in GAAP in recent years is the result of the collaboration between the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) to bring US and international accounting principle ...

  • Basic & Intermediate
  • 60 Mins
  • Sep 17, 2019
Live Webinar

EBITDA Doesn’t Spell Cash Flow and What Does - SHRM & HRCI Accredited

Reliance on EBITDA (Earnings before Interest, Taxes, Depreciation, and Amortization) as a measure of cash flow is misplaced because it presumes that borrowers will pay lenders before paying their taxes, expanding their working capital asset ...

  • Basic & Intermediate
  • 60 Mins
  • Oct 03, 2019
On-Demand Webinar

The World of Global Cash Flow: Is There Enough to Cover All Debts?

Global cash flow is critical to analyzing and underwriting commercial borrowers, especially smaller, privately held firms where the owners and the company are so closely bound together that their assets, liabilities, and income are comingle ...

  • Basic & Intermediate
  • 60 Mins
On-Demand Webinar

Mind the GAAP: What New US Accounting Principles Mean for Borrowers and Lenders

Much of the change in GAAP in recent years is the result of the collaboration between the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) to bring the US and international accounting princ ...

  • Basic & Intermediate
  • 60 Mins
Recorded Webinar

Back Up Your Cash Flow with Secondary Repayment Sources - Collateral and Guarantees

Not all assets are created equal at liquidation because they differ in degree of liquidity, marketability, and security, and we differentiate these inequalities by setting loan-to-value ratios and their potential losses given default  Ba ...

  • Basic & Intermediate & Advanced
  • 60 Mins
Recorded Webinar

The Income Statement - What a Banker Can Learn About a Borrower from Its Profit and Loss Statement

This topic will explore all aspects of an income statement and Loss Statement and how the information that a profit and loss statement contains about a borrower’s operating performance can assist in making credit decisions. In particular, a ...

  • Basic & Intermediate
  • 60 Mins
On-Demand Webinar

Why EBITDA Doesn’t Spell Cash Flow

EBITDA is a popular measure of cash flow, but it is not accurate, and bankers and investors who rely on it as a reliable indicator of repayment ability will be deeply disappointed. This session will explain why EBITDA does not measure cash ...

  • Basic & Intermediate
  • 60 Mins
Recorded Webinar

Analyzing Global Cash Flow

Global cash flow is critical to analyzing and underwriting commercial borrowers, especially smaller, privately held firms where the owners and the company are so closely bound together that their assets, liabilities, and income are comingle ...

  • Basic & Intermediate
  • 60 Mins
Recorded Webinar

C for Yourselves the 5 C’s of Credit

The first four C’s—capacity, conditions, collateral, and character- evaluate a borrower’s ability to repay, but character forces the lender to examine closely the borrower’s willingness to repay.  

  • Basic & Intermediate
  • 60 Mins
Recorded Webinar

Cash Flow Projections for Long-term Lending

First, the session will explain the interrelationships among revenue projections, the expenses needed to support the sales growth as well as the working capital assets, fixed assets, and liabilities necessary to support revenue growth. Seco ...

  • Basic & Intermediate
  • 60 Mins