Ardmore is pleased to announce that our credit risk professionals recently teamed with the Risk Management Association to present a webinar related to the COVID-19 pandemic, and the importance of stress testing portfolios.
Peter Cherpack, Ardmore's Executive Vice President and Senior Director of Credit Technology, and Todd Sardich, Senior VP of Credit Risk Management Consulting presented "Portfolio Stress Testing for the Pandemic," to nearly 100 bankers last week.
This webinar explored how financial institutions can use portfolio stress testing to identify dangerous vulnerabilities and potential capital shortfall in their portfolios. Attendees learned how to prioritize concentrations, potential risks associated with certain CRE segments affected by COVID-19 and the types of metrics to apply to build stress testing scenarios around. The presentation included an example of real stress testing results, and all attendees were encouraged to ask questions of our industry experts.