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SCAFP News April 2007 |
From the Corner Office
The Value Proposition
Dear Fellow SCAFP Associates,
Your Board wants to thank you for renewing your membership. Attendance at our monthly meetings continues to grow, allowing us to draw informative speakers in to our sessions. We want to thank all of you who support your association not only with your dues, but with your attendance at our monthly meetings and special functions.
Your membership in SCAFP provides you with many benefits. We continue to have excellent topics and speakers at our monthly meetings which can provide CTP renewal credits for you. Our two day EXPO LA is the best and biggest low cost educational program on the West Coast! This year's event is almost here - May 10-11 at the Pasadena Convention Center. Our program committee has been working very hard to put together a great program for you and I think you're really going to enjoy and benefit from it. Check below for more details on our highlighted speakers over the two day venue.
We recently sponsored a tour of the Federal Reserve Bank of Los Angeles on March 21st. Because we were over subscribed for this tour, we are in the process of scheduling another tour for the September time frame (more to come) and will continue to provide these additional types of educational opportunities for you.
We have a tour of the Regulus Lockbox facility (downtown Los Angeles) scheduled for June 19th at 9:00 a.m. Be sure to sign up early through the Association Office (818) 843-5660, email: scafp@emaoffice.com or via the registration form on our website: http://www.scafp.net/. For those of you who have never seen a Lockbox operation, we encourage you to take this opportunity to visit the Regulus facility. Even if you have visited a Lockbox operation years before, we suggest that you sign up for this tour as technology has changed Lockbox processing. Regulus has an impressive operation with state of the art equipment.
Many opportunities to serve on the Board of your Association exist. From the Education Committee to the Programs Committee to the Major Events Committee to Officer and Director Roles - you can help shape the Association and guide us as the Treasury landscape continues to change and grow. Serving on the Board is a wonderful and satisfying experience and affords you the opportunity of developing personal friendships and networking with other Treasury professionals. It is truly a very rewarding experience. For more information, just talk to a board member or let the Association Office know you are interested.
In my mind, the most valuable part of being a member of the SCAFP is the networking opportunities. Meet other Treasury professionals, gather pearls of knowledge, establish new friendships and enhance your professional career - that's what the SCAFP is all about!
PARTICIPATE - DON'T VEGITATE!! Get the most out of your Association.
All the Best,
Dick
Richard C. Ercole
EVP - Director Treasury Management
East West Bank
2090 Huntington Drive 2nd Floor
San Marino, CA 91108
626-979-5088
626-506-8361 Cell
dick.ercole@eastwestbank.com
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26th Annual EXPO L.A. |
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Special Thanks to our 2007 Platinum Sponsors
Join us at the Pasadena Convention Center to hear from the following scintillating speakers: - On Thursday, our keynote luncheon speaker will be Libby Evans Wright. As the 2006 Pasadena Tournament of Roses President, we are privileged to be able to hear first hand about the Tournament of Roses and everything that goes into making this day America's New Year's Celebration. As a festival of flowers, music and sports unequaled anywhere in the world, it is a salute to the community spirit and love of pageantry that have thrived in Pasadena for more than a century. - On Friday, our keynote luncheon speaker is Oscar and 16-time Emmy Award-winning producer, Arnold Shapiro, who will provide us with an inspiring, original, and humorous approach to success with his multi-media presentation, "Producing An Oscar-Winning Career...Without Having To Win An Oscar!" From Arnold's middle-class Los Angeles upbringing with no special talents and no Hollywood connections to a successful career beyond his wildest dreams led him to ask: "Why me?" His answer contains his "ingredients of success" that are applicable to every career. From four decades of producing programs such as "Scared Straight!" "Rescue 911" and "Big Brother," Arnold will offer both motivation and applicable success strategies. - Other highlighted speakers include o Keitaro Matsuda has been managing the Economic Research Department of Union Bank of California (UBOC) since 1997. As the bank's most senior economist, Matsuda advises the Bank's management, employees and clients on issues related to the Bank's West Coast market and the Asian economies and will be speaking to us about California's Economy in the opening session on Thursday. o Diane Ellis, Associate Director, Division of Insurance and Research for the Federal Deposit Insurance Corporation will be presenting an overview of the FDIC's Deposit Insurance Assessment System on Thursday afternoon. |
SCAFP Member Tours |
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Federal
Reserve Tour After viewing the processing areas, the unique money museum, and the lobby exhibit, "Fed Gallery: Your Central Bank in Focus" were the next stops in the tour. There, members saw antique equipment, purchased the new California quarters and the Lewis & Clark nickels, and worked with simulations of the U.S. economy. Thanks to Lakshmi Kumar, CTP, SCAFP's Education Chair, for arranging this tour. Due to the overwhelming response for this tour, Lakshmi has made arrangements for another Fed tour on Wednesday, September 19, 2007 at 1pm for those members who were unable to attend this tour. Look for registration details in the near future. Regulus Tour
Headquartered in Napa, California, Regulus was founded in 1995 initially providing remittance processing services. Between 1998 and 2000, Regulus completed its envisioned end-to-end transactional processing solution with the acquisition of the print and mail distribution operations of Quantum Information Corporation and AccuDocs, LLC. Regulus is the largest, independent payment processor with national collection coverage, uniting the entire billing and collection cycle under one provider. Regulus streamlines the process through one entity with a single resource point for everything and processes over 1.9 billion paper and electronic items annually for Fortune 50 clients. Visit http://www.regulusgroup.com for additional information. |
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Professional Announcements |
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Congratulations to our members who have received promotions or recognition in the field: - Janet Abrena - Janet Abrena joined Rabobank, N.A. in January 2007 as SVP - Treasury Sales & Service Manager. In her new role, she is responsible for the strategic management of the Treasury Services Division, it's products, services and delivery. - Michael Hards - Michael Hards has accepted a regional sales manager position for Bank of America's Global Treasury Services unit. His team's clients are clients of the Commercial Bank in Los Angeles, Ventura, Santa Barbara, San Bernadino and Riverside counties. Send professional announcements and promotion details to scafp@emaoffice.com Notice: AFP has denied CEUs for SCAFP's December 2006 "You Bet Your Cash" meeting. |
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EDUCATION CORNER |
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KESDEE Inc. e-Learning and Reference Solutions Update We are pleased to announce that two new course libraries have been added to the existing off-the-shelf e-learning course catalog: - Mutual Funds (A library of 10 courses) (link to brochure PDF for more info) - UCP 600 - The New rules for letter of credit (link to brochure PDF for more info)
All courses are offered at a 30% discount to
SCAFP members and there are about 500 courses contained in over 40 libraries!
For more information or to register for a course click here:
* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * 2007 CTP Credential and Exam Information for everything you need to know about the Certified Treasury Professional credential please visit the AFP site: http://www.afponline.org/pub/cert/ctp.html
* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * AFP Certified Treasury Professional Program This course can help you to prepare for the CTP exam and is also designed for anyone needing to utilize the treasury management principles in their daily function. Presented byChapman University, Extended Education Programs Orange, California
http://www1.chapman.edu/enhance/AFPmainpage.htm
* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * 27th annual AFP conference October 21-14, 2007 in Boston, MA Presented by Association for Financial Professionals |
Monthly
Meetings
Job
Opportunities
Membership
Info
Links
26th
Annual EXPO
L.A.
Upcoming Meetings
May 10-11, 2007 Monthly Luncheon Meetingso June 8, 2007 o August 10, 2007 o September 14, 2007 o November 9, 2007 o December 14, 2007 |
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Job Opportunities Need to hire someone? Post your job opportunities at www.scafp.net/JobOpps2.htm Looking for a new challenge? Check out the career opportunities posted at www.scafp.net/JobOpps2.htm |
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New Members We extend a warm welcome to our new SCAFP member:
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Rosa Schulte, Vice President
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Virginia Forbes, Manager
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Elmi De La Fuente, Manager
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Jason Ishiguro, Manager
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Jeffery Pifko, Assoc. Director,
Financial Operations o Lauren Murray, Assistant Treasurer Latham& Watkins o John Paul (JP) Victoria, Cash Management Supervisor Latham & Watkins o Jill Pacheco, Treasury Associate Hilton Hotels Corporatoin o Leila Guieb, Treasury Analyst Hilton Hotels Corporation o Karen Herrell, Director, Treasury and Administration Pallädeo ------------------------------------------
New Member
Profile: Meet Ms. Leila Guieb Leila has been employed by Hilton Hotels Corporation in Beverly Hills for the past six years, five of which have been spent in Treasury. As a Treasury Analyst, she performs the daily cash functions of the company and all of its joint ventures, and she also develops the daily cash report to advise management of the current status. Leila decided to join SCAFP at the recommendation of her colleague who is also a SCAFP member, Louise Cummings. She had accompanied Louise to several of the SCAFP meetings as a guest, and found the topics to be interesting as well as relevant and helpful in her work. Leila especially enjoyed our recent speaker, Michele Allman-Ward who she found to be an excellent speaker that was very knowledgeable and had great presentation skills! Leila grew up in Los Angeles County and graduated from USC. She enjoys outdoor sports such as snowboarding and hiking in her free time.
From an early career start as a kindergarten teacher to a stay-at-home mom, Bookkeeper and Billing Manager, Karen has worked her way up the ladder to become the Director of Treasury and Administration at Pallädeo, a company that is involved in Design, General Contracting, Décor and Fixture Manufacturing, and Brand Communication for retail establishments. Over the 17 years that Karen has been with Pallädeo, she has watched the company grow and change along with her responsibilities. She's had many different experiences from creating and developing both an IT Department and an HR Program to roles as the Controller and Treasury Manager; Karen brings a wealth of knowledge and experience to our group. In addition to her Treasury functions, she continues to manage the insurance relationships and processing as well as other administrative responsibilities. Karen passed the CTP exam last fall and met some of our members at a recent AFP class. She liked the idea of networking with other people in the field and decided to become a member. She has 2 grown children (no grandchildren yet) and resides with her husband in Altadena, just North of Pasadena. Karen's hobbies include gardening, reading, crocheting and second guessing the stock market - just for fun. |
Do You Have A New
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CTP Registration Deadline April 20 is the final deadline to register for the June/July 2007 CTP exam window and you'll need to have all forms postmarked by that date. For more information, visit www.AFPonline.org/CTP. |
Meet
Ms. Karen Herrell, CTPCopyright 2007, Southern California Association for Financial Professionals