Agenda

8:00 am – 8:30 am ET
Registration and Hot Buffet Breakfast

8:30 am – 8:40 am ET
Welcome and Introduction

8:40 am – 9:30 am ET
Can the Federal Reserve Engineer the Ever-Elusive Soft Landing?
Brian Jones | Financial Economist | Federal Home Loan Bank of New York

Surging consumer prices prompted the Federal Open Market Committee to embark on the most aggressive tightening of monetary policy in over four decades last year. Will policymakers be successful in engineering the ever-elusive soft meeting? What lies ahead for the national and local economies in 2023 and beyond? What are the implications for interest rates and financial markets? Will housing markets remain challenged? What about commercial real estate? Will activity in the FHLBNY district continue to lag the remainder of the Nation or catch up over the course of this year?

9:30 am – 10:20 am ET
FASB Accounting Standards Update 2022-02 and Troubled Debt Restructuring
Marianne Wade | Director | Crowe

What’s next for institutions that are not certain how to move away from TDRs? We’ll provide an overview of the new ASU and compare and contrast the new ASU with the old TDR standard. We’ll do a deep dive into the new disclosure requirements for loans to borrowers in financial distress and flag some operational considerations as well as items that might be of interest to investors. Lastly, we’ll revisit the guidance on evaluating if a modification is a new loan or continuation of an existing loan, as this preexisting guidance takes on additional importance with the new ASU.

10:20 am – 10:40 am ET
Networking Break

10:40 am – 11:30 am ET
Top Risks for 2023
Joseph Galdo | Director | Mercadien
Melissa Correa | Director | Mercadien

In this session attendees will learn about the top risks facing the banking industry in 2023. Some of the risks we will dive into include overdrafts, CRA, fair lending, interest rate risk and BSA.

11:30 am – 12:20 pm ET
Fintech Disruption of the Legacy Core Obstruction
Aaron Silva | President & CEO | Paladin FS

Fintech will disrupt every aspect of banking IT in the next 5 years, but nobody is giving banks a plan on how to find, assess, procure and implement friendly fintech alternatives. Even worse, few are talking about the market obstruction being executed by the major Core IT suppliers and how this could blow up an institutions’ efforts in executing an innovation and digital transformation plan. This session will arm attendees with an action plan for success.

12:20 pm – 1:30 pm ET
Luncheon Presentation
CFO’s Role in Innovation
Richard Fay CPA | Principal | Wolf & Company PC

The need for financial institutions to embrace technology and innovation has become increasingly apparent over the past several years. In order for financial institutions to achieve their strategic goals, the need to examine existing technology providers, customer experience, and access to data is critical. With mounting pressure in the form of increased competition from large banks, fintech providers, and community institutions with advanced digital capabilities, the time to innovate is now. This presentation examines the CFO’s role in innovation, including current opportunities with automation, new fintech providers, and workflow analysis to support digital investment.