Lien management executive to offer insights on sound loan portfolio management in challenging timesRaja Sengupta, Executive Vice President and General Manager of Wolters Kluwer Lien Solutions, will present insights on “Uncovering Hidden Portfolio Risks and Proactive Fixes: What Lenders Must Consider” at the 2020 RMA Annual Risk Management Virtual Conference, 4:30 EST Tuesday, November 10. The Risk Management Association (RMA) conference runs November 9-13 and is open to both RMA members as well as non-members.
The COVID-19 pandemic has created unprecedented challenges for businesses and lenders alike. In this session, Sengupta explores ways for lenders to strike a balance between protecting the balance sheet and helping their customers access the capital necessary for ongoing success. While workouts—a negotiated solution between lender and borrower to restructure a defaulted loan—are a first step toward ensuring that one’s collateral is properly secured, lien-related risk management is not about just filing a lien. It is an ongoing series of proactive steps that monitor for changes in the borrower’s circumstances that could affect the lien—and taking action to fix any and all gaps in perfection.
The presentation will also address the criteria that lenders should use to determine which borrowers should get a workout; best practices for secure portfolio management; and identification of issues with borrowers through better due diligence.
Attending this 2020 RMA Annual Conference session will generate 0.5 NASBA CPE/CRC credit. To attend, visit the RMA conference registration page.