
Strategies to Pledge Electronic Collateral to the Federal Reserve Bank
Wednesday, February 19, 2025
12:00 PM Eastern Standard Time
1 hour
Join our industry experts as they share insights on why and how you can leverage the Federal Reserve Bank for liquidity using electronic collateral.
Our panelists will dig into Federal Reserve certification, designing a compatible digital lending process, and how to avoid pitfalls that add risk and can compromise your valuable electronic assets (eAsset®).
- Gain insights on navigating the Federal Reserve certification process
- Critical knowledge needed for pledging your indirect electronic assets
- Successful use cases and future-proof strategies for lifecycle eAsset leverage
- Roadmap for digital lending transformation with the end state in mind
Speakers:
Amy Pinson
Consumer Loan Sr. Business Analyst, Park National Bank
Amy has worked for Park National Bank for 26 years. She started her career in the banking centers, originating consumer and mortgage loans. Next, Amy spent several years as manager of consumer loans for Park’s East region. In 2018, she moved to a corporate position as consumer loan operations supervisor. Most recently, she became the Consumer Loan Sr. Business Analyst, acting as the liaison between the consumer loan software users and programmers. Her team assists with implementation and upgrades to software, which includes testing and determining system requirements. She lives in Zanesville, Ohio, with her family.
Craig Focardi, CMB
Principal Analyst, Celent
With a multi-disciplinary background in economics, finance, technology and marketing, Craig leverages his retail lending and banking industry experience to advise and consult on business-led technology strategy and investment for financial institutions, technology providers, and technology investment firms.
Craig's coverage areas include digital lending strategy, market sizing and technology selection across the credit lifecycle for all consumer credit products. Complementary coverage areas include analytics, digital content management and core system transformation. His advisory engagements have included core lending and banking system vendor selection for financial institutions, market feasibility and go-to market assessments for technology vendors, and technology provider acquisition due diligence for FinTech investors.
Craig is a frequent speaker and moderator at industry conferences, including BAI, Mortgage Bankers Association annual and technology conferences, and AFSA. He has also written dozens of bylined articles for Mortgage Banking Magazine, Lending Strategy (UK) and American Banker.
Craig began his career in economics and finance and marketing in the mortgage industry for lenders and IT vendors, including The Federal Home Loan Bank, The PMI Group, Wells Fargo, and CoreLogic. Craig then spent 16 years as a banking industry analyst at TowerGroup and CEB prior to joining Celent.
Craig received an M.A. in applied economics from the University of San Francisco and graduated with high honors from the State University of New York at Oneonta with a B.S. in business economics. Craig also attended Schiller University in Heidelberg, where he studied international trade. Craig holds the Certified Mortgage Banker (CMB) designation from the Mortgage Bankers Association.
Stephen Bradley
Director, Strategic Industry Relationships, Wolters Kluwer
Stephen Bradley, Director of Strategic Industry relationships at Wolters Kluwer works to enable expansion of digital lending and electronic asset monetization throughout the financial markets. Steve has specific expertise in certification and process designs for pledging electronic assets to the Federal Reserve Banks and Federal Home Loan Banks.
Before joining Wolters Kluwer, Steve provided leadership in strategy and acquisitions as well as leadership of the global data center storage technology business and global consumer business for Imation Corp. He has held leadership positions in global sales, marketing, and partnership strategies at 3M, Imation, and Wolters Kluwer working across multiple industries including data Storage, data security, health care revenue cycle, consumer, and global corporate secretary services. He has a clear focus on exceptional business performance, risk mitigation, and enabling growth.
Steve earned a BS in Mechanical Engineering from University of Wisconsin-Madison and remains an avid Badger Fan.
DJ Steva
Vice President of Loan Operations, Vibrant Credit Union
DJ started his banking career in 2016 after retiring from a 20-year career in law enforcement. In his previous interactions as a member of a credit union, DJ quickly pinpointed that he wanted to be part of the culture and vision in a business that focused on their members and their employees in a positive and forward-thinking manner. After reviewing several different options DJ chose to take his skill set into the credit union’s asset management department. DJ worked his way through the asset management department until he found his home with Vibrant Credit Union based out of Moline, IL in 2018. Since being hired at Vibrant Credit Union DJ’s positions include, collections manager, mortgage servicing manager, vice president of banking operations and now vice president of loan operations. In DJ’s position as vice president of loan operations he currently leads the loan operations team, the loan funding team, underwriting and the commercial department. DJ has two daughters, Natalie and Peyton, and in his free time enjoys hiking and exploring the mountains of Wyoming, Montana and Colorado.
McKenzie Money | AVP
Enterprise Loan Servicing Manager, Zions Bancorporation
Mckenzie Money is a seasoned finance professional with over 17 years of experience in the industry. As the Loan Servicing Manager at Zions Bancorporation, Mckenzie has been at the forefront of leading multiple operations teams for commercial and consumer lending, with a particular focus on loan origination and collateral management.
In collaboration with Walter Klewer, Mckenzie has spearheaded the development and deployment of an electronic vault (eVault) to house authoritative digital copies of loan documents. This innovative initiative has significantly reduced the physical footprint required for storing loan documentation, enhancing efficiency and security. Mckenzie’s strategic mindset and dedication to operational improvements have been instrumental in the successful implementation of this project.
Mckenzie has also played a pivotal role in pledging collateral to the Federal Reserve Bank, ensuring compliance with regulatory requirements and optimizing the bank's collateral management processes. Their expertise in risk management and project oversight has contributed to reducing risk, increasing efficiency, and streamlining operations within the organization.