ON DEMAND WEBINAR
A Deep Dive into Impending Regulations on Mid-Size Banks Part II: From Risk to Resilience - Bank Readiness for Climate Risk Regulation.
- Embracing best practices to navigate this transformative shift.
- Strategies for assessing climate risks and integrating sustainability considerations into lending decisions.
- Proactive ways to address climate risk, so banks and insurers can position themselves as responsible and resilient players in the evolving financial industry.
- Live Q&A with our panel of experts.
David RisdonExecutive Vice President, Specialty Practice Leader, Bank Credit Risk Solutions
Newmark Valuation & Advisory
A commercial banking veteran with more than 40 years of experience, Dave has in-depth experience with many aspects of banking, credit and regulatory compliance, including migrating data to new servicing systems and data platforms, along with automated data validation and data capture at loan origination.
Dave has led teams of over 100 professionals involved in bank consolidations and mergers and acquisitions, specializing in various services for CRE and C&I portfolios. He has overseen risk reviews, ESG and environmental peril modeling as well as flood compliance reviews and has experience advising teams through CCAR and DFAST stress testing and data aggregation projects.
Dave graduated from Drake University where he earned a Bachelor of Liberal Arts and a Master of Business Administration with an emphasis in finance. He also completed the Harvard Business School’s Negotiating for Success program.
Quentin E. CummingsClimate Analytics Lead
Quentin is a Floodplain Management Specialist and co-chair of the Data Analytics & Systems Committee for Floodplain Management and Insurance at FEMA Headquarters in Washington, D.C. He is a graduate of the FEMA Emerging Leaders Program, a former FIMA Resilience Fellow, and has served multiple roles within the FEMA National Response Coordination Center. He has twice been awarded the FEMA Administrator’s Award, one for Exemplary Emergency Manager and most recently the prestigious award for Innovation.
External to FEMA, Quentin serves as the chair of the Needs Assessment Committee on the Annapolis Housing Affordability Task Force where he advocates on behalf of development that is economically prosperous, socially inclusive, and environmentally sustainable. Additionally, he volunteers with the Humanitarian OpenStreetMap Team and has contributed to humanitarian mapping efforts in numerous countries primarily focusing on mapping flood vulnerable communities and environmental sustainability.
Prior to joining FEMA, Mr. Cummings served as the Brigade Battle Captain for the 78th Homeland Response Force in Atlanta, GA – a Chemical, Biological, Radiological, Nuclear, and Explosive domestic response unit with responsibility for FEMA Region 4. He has served combat tours in both Iraq and Afghanistan, as well as peacekeeping missions in Bosnia. He has worked in close conjunction with U.S. Department of State and USAID representatives abroad and
National Volunteer Organizations Active in Disaster domestically throughout his military and civilian careers.
Joe PosavecExecutive Vice President, Bank Credit Risk Solutions Newmark Valuation & Advisory
Joe brings 30 years of experience in real estate, capital markets, banking and technology to the conversation. He specializes in addressing compliance and risk challenges for some of the world’s largest banks and is known for identifying opportunities to revitalize banking technology with cutting-edge solutions. He has extensive experience with flood insurance, ESG and CCAR compliance.
Prior to Newmark, Joe served as a Managing Director in Cushman & Wakefield’s Banking & Regulatory Solutions group, where he managed nationwide, regulatory bank projects. Previously, he worked as a consultant creating stress test models that could be applied to regional and community banks, as well as audits for the FDIC and M&A activity. Prior to Newmark, Joe served as a Managing Director in Cushman & Wakefield’s Banking & Regulatory Solutions group, where he managed nationwide, regulatory ban projects.
Joe attended Sheridan College of Applied Arts and Technology in Oakville, Ontario, Canada. Subsequently, he transitioned to economics at the University of Toronto in Mississauga, Ontario, followed by pursuit of a Master’s in Business Management at the University of Essex in Colchester, England.
George GallagherSenior Leader – Principal for ESG, Climate Risk, Natural Hazard and Spatial solutions
As CoreLogic’s Senior Leader for ESG and Climate Risk, George focuses primarily on Capital Markets, commercial & residential lending and loan servicing, and the US Federal Government. George brings an extensive background in commercial & corporate real estate data and technology platforms, as well as commercial development & asset management experience.
George’s work with the US Federal Government is anchored by CoreLogic solution and analytic offerings with the Federal Emergency Management Agency (FEMA). CoreLogic supports FEMA in both its hazard mitigation efforts, as well as in FEMA’s hazard event response program, providing post-event data and analytics in support of in-field recovery efforts. George is the Climate and Hazard SME for CoreLogic engagements with other Federal Agencies, including the Federal Reserve Bank, the US Treasury – Office of Financial Research, and the Veteran’s Administration, among others.
George is presently serving as Education Chair of the Mortgage Industry Standards Maintenance Organization (MISMO) ESG CoP (community of practice), as well as the Structured Finance Association (SFA) ESG Benchmarking Committee for MBS Policy.
Nancy WatkinsPrincipal and Consulting Actuary, Chair of the Milliman Climate Resilience Initiative
Nancy Watkins is the principal and consulting actuary with the Property and Casualty Practice in Milliman’s San Francisco office. She manages an actuarial consulting practice that specializes in climate resilience, insurtech, and catastrophic property risk.
Nancy leads the Milliman Climate Resilience Initiative and serves on the United Nations Capital Development Fund’s Climate Insurance Linked Resilient Infrastructure Finance Working Group, piloting climate adaptation financing for emerging markets.
Nancy’s consulting engagements include climate resilience strategy, pricing and product development, predictive modeling, target marketing analysis, competitive rate analysis, use of catastrophe models and third party data, loss reserve analysis and certification, litigation support, reinsurance risk transfer analysis, reinsurance commutation support, software development support and market analysis, mergers and acquisitions support, arbitrations, and expert witness testimony.
Lonnie HendrySenior Vice President, Head of Commercial Real Estate and Trepp Advisory Services
Lonnie Hendry specializes in valuation, appraisals, analytics, modeling, and financial analysis. With a background spanning 20 years in the commercial real estate industry, he is charged with enhancing Trepp’s client relationships across all business lines and product verticals. Lonnie is also the co-host of the weekly CRE show, The TreppWire Podcast.
Lonnie leads a global team of more than 25 product management and development professionals, working to assist clients with accomplishing their strategic goals through a variety of Trepp products, customized advisory services, and solutions. Mr. Hendry’s professional experience includes conventional multifamily property management and development, commercial and residential leasing, brokerage, and appraisal.
Lonnie earned a Master of Science degree in Real Estate with a concentration in sustainability from the University of Texas at Arlington where he also received a Graduate Certificate in Real Estate Development. He is a member of the Counselors of Real Estate, serves on Fordham University’s Real Estate Institute Executive Advisory Council and is on the Texas Tech University Center for Real Estate Advisory Board. Mr. Hendry is also an academic reviewer for the Appraisal Institute’s Appraisal Journal publication and an adjunct faculty member at Texas Tech University teaching Real Estate Appraisal and Real Estate Fundamentals courses.