Writing Effective and Efficient Credit Memos
Presenters: Chance Castellucio & Alison Trapp
Documenting a credit decision and its rationale is a basic tenet of credit risk management. The quality of such documentation can vary widely, even within an institution. This session explores the constituents who rely upon credit memos, key characteristics that make strong memos, and how software can improve efficiency.
Join Chance Castellucio and Alison Trapp for a live discussion and demonstration of Sageworks solutions.
join to learn about:
- Increasing accessibility of files and automating data uploads into credit memos
- Ensuring consistency in documentation and across all constituents in the credit memo-writing process
- Strategies for developing memos that are clear, concise, relevant and organized
About the Presenters
Alison Trapp, Advisory Services
Alison Trapp leads the credit risk practice for Sageworks Advisory Services team. Her expertise is in credit administration, risk rating development, and policy implementation.
Alison joined Sageworks after spending 17 years on the commercial credit risk team at GE Capital and then working with mid-sized commercial banks through her own consultancy. She is certified as a Six Sigma Black Belt and holds a Bachelor of Arts degree in East Asian Studies from Ursinus College as well as a Masters of Business Administration in Finance from Stern School of Business, New York University.
Chance Castellucio, Senior Credit Risk Consultant
Chance Castellucio is a senior credit risk consultant at Sageworks, where his primary responsibilities include assisting financial institutions with credit analysis, loan administration, and risk rating best practices. Chance focuses particularly on helping institutions across the country develop consistent and transparent underwriting processes. Prior to joining Sageworks in 2015, Chance served as a consultant working with national health systems. He received his B.A. and MBA from Florida State University.