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November 14, 2008:
WEBINAR!
PROGRAM:
"The
3-Year Treasury Review: Consistent Implementation of Best Practices"
Synopsis:
This presentation aims to assist
treasury management professionals in improving their treasury
operations by implementing proven and successful techniques for
consistent best practice implementation. The “3-Year Treasury Review”
is an ongoing initiative that requires successful treasury departments
to regularly review their critical treasury operations, technologies,
internal controls and bank architecture. During every 3-Year Treasury
Review each process is reviewed and documented while simultaneously
benchmarking all details against industry best practices. The ultimate
goal of a 3-Year Treasury Review is to implement the most current
industry best practices while documenting effective metrics and
procedures.
During this presentation Dan Carmody will
discuss the the tactics he uses when completing a 3-Year Treasury Review
for TreaSolution's clients. This discussion will cover process review,
process documentation, best practice benchmarking, metrics identification
and analysis and best practice implementation. Upon the completion of this
presentation, the audience will have a more detailed understanding of how
a 3-Year Treasury Review can assist treasury department's in achieving
greater efficiency and security by consistent best practice
implementation.
Bio:
Daniel J. Carmody, CTP is the managing
director of TreaSolution, Inc., which is a full service treasury
consulting and staffing company. Since obtaining his Certified Treasury
Professional certification (formerly the Certified Cash Manager) in
1998, Dan has been dedicated to assisting companies with improving their
treasury management functions. Dan current responsibilities are the
daily operation of TreaSolution along with cash management and treasury
technology consulting.
It is Dan's goal to stay abreast of current business trends by
continuously networking with business professionals. To meet this goal,
Dan is member of the Treasury Management Association of Chicago® (six
years on the board of directors), Detroit Treasury Management Association,
and the Association for Financial Professionals (AFP). Dan has also
provided expert business opinions to national publications and has been
quoted in the Chicago Tribune, Financial Executive Magazine, Financial
Week, CFO Magazine, Treasury and Risk Management Magazine, AFP Exchange
Magazine and Business Finance Magazine.
Dan is the author of several of the treasury management industry's most
popular presentations including “The Selection and Implementation of a
Treasury Workstation” and “The 3-Year Treasury Review: Consistent
Best Practices Implementation.” Dan has been a featured speaker at the
Association for Financial Professionals, Financial Management Association,
First Midwest Bank, Northern Illinois University, ABN AMRO and the
Chicago, Detroit, Indiana, Iowa, Kentucky, Minnesota, Nebraska, New York,
Northwest, Ohio, Portland, Tampa Bay and Wisconsin treasury management
associations.
September 12, 2008:
PROGRAM:
"Case
Studies: How the Current Environment Impacts the Corporate Treasury
Risk Management Function"
Join us for a stimulating session as we trace
down the journeys of several corporations amidst challenging times: from
an airline to a manufacturer to a financial institution, giving you an
insider-view of Corporate Treasury Management for several
public companies.
Bio: Dr. S.L. (Sam) Srinivasulu, President
of KESDEE Inc., is a specialist consultant and trainer in Asset
Liability Management for leading financial institutions worldwide. For
over 25 years, Dr. Sam has presented several in-house and public
training programs to institutions around the world.
All of these instructor-led
programs served as the catalyst for establishing KESDEE Inc (http://www.kesdee.com/)
– provider of innovative and interactive e-learning solutions to the
global financial services industry. KESDEE’s off-the-shelf catalog
consists of 700 accredited e-learning courses on various topics in
Banking, Finance, Accounting, Insurance and Risk Management;
incidentally, KESDEE has also developed a customized e-learning portal
for the Federal Reserve System, US.
August 15, 2008:
PROGRAM:
"New
cross-border ACH formats"
As our business horizons expand, the financial community is coming
closer together. Payments methods that were impossible just a year
ago are now commonplace. This presentation will detail changes in the
non-urgent payments arena, including new message formats and new
processes for sending payments
Bios:
Stephen
Wojciechowicz is a Commercial Manager for SWIFT Americas responsible for
the development of the Corporate Access program.
Mr.
Wojciechowicz joined SWIFT in 2005 to manage the market development of the
Bulk Payments service and treasury offerings in North America.
He has been
engaged in the financial services industry for over 15 years, most
recently as a Product Manager for the High Value Payments Cash Management
division at Deutsche Bank. In this role he tailored their back-office
systems to add revenue-generating services at minimal operating cost.
Previously, he was a product manager for Fundtech, where he managed the
reconciliation and wire transfer processing applications.
He earned a
B.A. degree from Rutgers University in 1992 and an M.B.A. degree from Wake
Forest in 1999. He has been a Certified Treasury Professional and an
Accredited ACH Professional since 1999.
SWIFT is the
industry-owned co-operative supplying secure, standardized messaging
services and interface software to over 8,100 financial institutions in
208 countries and territories. SWIFT members include banks, broker-dealers
and investment managers. The broader SWIFT community also encompasses
corporates as well as market infrastructures in payments, securities,
treasury and trade. Over the past ten years, SWIFT message prices have
been reduced over 80%, and system availability approaches 5x9 reliability
— 99.999% of uptime.
June 13, 2008:
PROGRAM:
"Accounts
Receivable Check Conversion (ARC)"
For our June luncheon,
Josh Wendroff and Jeff Klaasen of Regulus will be speaking on ARC.
Since the introduction of the Check Clearing
Act for the 21st Century (Check 21) in 2004 allowed for paper checks to be
converted to ACH payments, the volume of electronic transactions has grown
dramatically year after year. Lower costs and improved fund availability
has driven many organizations to aggressively pursue ARC implementations
within their lockbox operations. This presentation will discuss the
necessary steps to implement ARC at the lockbox level, the business and
operational advantages, and important ARC procedures and regulations that
can have a big impact on your transaction costs.
Bios:
Josh
Wendroff, Product Marketing Manager
Josh Wendroff is Product
Marketing Manager for the Regulus Group, where he heads up marketing and
public relations efforts. He plans and implements marketing programs for
the company and its products, including analyzing market requirements,
product pricing, and marketing to vertical industries such as the
financial services, healthcare, telecom and utility sectors.
Prior to joining Regulus,
Josh was a Senior Account Manager at database marketing firm SourceLink,
working on accounts such BMW Financial Services, among others. Previously,
he was President and Founder of eNVOLV Solutions, a marketing software
company.
Josh received his
bachelor’s degree at the University of California, Santa Barbara and his
MBA at Pepperdine University. In his free time, Josh is an instructor and
mentor with Boarding House Mentors, a program serving at-risk youth in Los
Angeles.
Jeff
Klaasen, Product Manager, Electronic and Business Intelligence Products
Jeff Klaasen is
Electronic and Business Intelligence (BI) Product Line Manager with
Regulus. In this role, he is responsible for new product strategy and
development of the company’s eProduct and BI lines of business.
Previous professional
roles include senior-level experience with over ten years in Marketing,
Database Development and Software Application Development. Most recently
with SourceLink, the country’s fifth largest direct marketing firm, Jeff
garnered award-winning acclaim for efforts with brands such as Universal
Music Group, BMW, Toshiba, E*Trade, Hewlett-Packard and many others.
Jeff holds a Bachelors Degree in Business with a focus in Operations
Management and Marketing from Calvin College as well as numerous of
technical
certificates.
March 14, 2008:
PROGRAM:
"Lease vs. Buy- The Ever-Changing
World of Equipment Finance"
For our March l4th luncheon, Banc of
America’s Bill Sellier, Bob Baker and Brian Wilson will be discussing
Lease vs. Buy.
The
equipment leasing and finance industry’s size is estimated at $600 billion
in the U.S. Over half of the investment in property, plant
and equipment is financed with a wide variety of lease and loan-like
products. The equipment finance market is highly competitive and
constantly evolving. Potential changes in tax and accounting rules can
create both uncertainty and opportunities for the Leasing Industry and
financial decision-makers. This presentation will discuss current and
potential developments in the equipment finance industry and the effects
these changes may have on the decision factors inherent in the financing
of capital goods.
The session will focus on discussion topics
that include:
-
The current state of the Equipment Finance
Market
-
Overview of tax and accounting aspects of
leasing products and structures
-
The Bonus Depreciation provision in the
recently passed “Recovery Rebates and Economic Stimulus for the American
People Act of 2008”
-
The effect of energy tax credits on
pricing of tax-motivated leases for qualified energy-saving equipment
and projects
-
Discussion of the possible revision of FAS
13 to align with the IASB lease accounting rules for lessees and
lessors
Bios:
Bill Sellier
- Principal, Commercial Leasing, Banc of America Leasing & Capital, LLC
In his
fourteenth year at BALC, Mr. Sellier is
responsible for new business development in the Los Angeles
and Inland Empire Region.
Mr. Sellier began his professional career as
an Economist with the Economic Research Service, USDA. He moved into the
financial services industry in 1979. With twenty-nine years of equipment
finance experience, Mr. Sellier has originated,
structured, negotiated and closed tax and accounting-driven transactions
involving a wide range of financial instruments.
Prior to joining BALC,
he was with Tokai Bank, John Hancock Leasing Corporation and Wells Fargo
Leasing Corporation. Mr. Sellier received a B.S. in Business
Administration and an M.S. in Economics from U.C.
Berkeley.
Bob Baker-Vice
President, Sr. Leasing Specialist, Banc of America Leasing & Capital
As a senior leasing specialist in the
Southern California Commercial Banking market, Bob is responsible for
delivering the capabilities and products of Banc of America Leasing &
Capital, LLC, the #1 bank-owned leasing company in the U.S. ranked by both
Net Assets and New Business Volume. BALC
utilizes a solutions-oriented approach to equipment leasing in assisting
companies find the most attractive financing alternative available.
BAL’s extensive array of financing solutions
can be individualized for all sizes and types of businesses.
Bob
has been in equipment sales and leasing since 1987. His professional
sales career began with a division of IBM in Southern
California where he accumulated a vast knowledge base of the local markets
and customers. With over twelve years experience in the equipment leasing
business, Bob has the expertise in equipment acquisition strategies to
assist a wide range of companies in multiple industries.
Bob
earned a Bachelors of Arts Degree from University of
California, Los Angeles in 1986. He grew up in the San Fernando Valley
and currently resides in Irvine, CA.
Brian Wilson-Senior
Vice President, Capital Markets Accounting, Banc of America Leasing
Brian Wilson is a Senior Vice President
providing accounting and finance support to the Banc of America Leasing
Capital Markets and Large Ticket Marketing groups. He joined Bank of
America recently from Montrose & Company LLC where is was CFO for that
lease portfolio management and consulting firm. Prior to joining Montrose
Brian spent several years with Porsche Cars NA as Tax and Accounting
Manager and with Deloitte and Touche as Senior
Manager serving numerous domestic and international clients.
Brian
is a CPA based out of Reno and is a member of the Nevada
Society of CPAs and the Northern Nevada AFP.
He holds a Masters degree in accounting from Brigham Young University and
an MBA in finance from University Nevada Reno.
January 11, 2008:
PROGRAM: "The
Great Unwinding, Consumers, Financial Markets, and the chance of
Recession of 08"
For our January luncheon, Economist Dr.
Christopher Thornberg will be giving a talk on general economic
conditions for 2008 and beyond.
Chris
is a founding partner of Beacon Economics, a research and consulting firm
specializing in analyses of real estate markets, local economic
development, and public and private policy issues. Dr. Thornberg is an
expert in the study of regional economies, real estate dynamics, labor
markets and business forecasting. He has been involved in a number of
special studies measuring the impact of important events on the economy,
including the NAFTA treaty, the California power crisis, port security,
California water transfer programs and the September 11th terrorist
attacks.
Prior to launching
Beacon he worked with the UCLA Anderson Forecast where he regularly
authored the outlooks for California, Los Angeles and the East Bay as well
as performing a number of specialized forecasts for regions and
industries. Dr. Thornberg lectures on a regular basis at a variety of
public and private events, has appeared on CNN, Fox News and CNBC and is
widely quoted in the press. He received his Ph.D in Business Economics
from The Anderson School and his B.S. in Business Administration from the
State University of New York at Buffalo. He specializes in International
and Labor Economics. Dr. Thornberg continues to teach in the MBA program
in the new Rady School of Business at UCSD and previously held a faculty
position in the economics department at Clemson University.
December 14, 2007:
PROGRAM: "You Bet Your Cash-Trivia Game"
The Holidays are upon us once again so it must
be time for our SCAFP Annual "You Bet Your Cash" Trivia Game. It's
the one meeting each year where attendees have an especially great
time and also take home some great prizes.
Bill Luehrmann will
be acting as Game Host again this year, and his lovely wife, Phyllis,
will also be joining him to present the questions. Phyllis is from
Northrop-Grumman Corp while Bill is from Occidental Petroleum, where
this past October, he accepted the Pinnacle Award for Treasury
Innovation at the 2007 AFP Annual Conference. As usual, the winning
table receives a special prize.
It is not too late to contribute door prizes for
the event which can include promotional giveaways with your company's
logo, such as pens, tote bags, mouse pads, coffee mugs, golf tee
packs, frisbees, t-shirts, caps or even samples of your company's
consumer products. Call Amber Brown at the SCAFP Office at
818.843.5660 and let her know what you can contribute.
Finally, you will be a hero at your table if you
submit questions that are used in the game, provided you remember the
answer in the heat of competition on Game Day. Submit your questions
and answers plus a publication, Internet Address or other reference
where our judges can verify the answer if necessary. E-mail your
questions to the SCAFP office at
scafp@emaoffice.com or fax them to 818.843.7423.
October 12, 2007:
Program: "What Your Banker Won’t Tell You"
But Sverre Thomassen will… in his “tell all” 30 minute presentation that is guaranteed to unravel the mystery
behind such bank guarded secrets including: How do banks segment the commercial marketplace? Where do you fit into a banks’ delivery
channel? Are you getting the service that you deserve from your bank? He will reveal the mystery behind lending limits, house limits and
knowing when it may be time to find another bank. How does your loan request and available collateral fit into the bank’s sweet spot and
risk profile? Which basic rules of the road should you know concerning underwriting, loan structure, and pricing? Sverre will
close his remarks with his list of “must know” best practices for CEOs, CPAs and Treasurers!
Sverre Thomassen- Executive Vice President and Management Committee Member, Manufacturers Bank.
Sverre Thomassen is Executive Vice President at Manufacturers Bank in Los Angeles. He holds BA and MBA degrees in Finance from California
University, East Bay. He has college level teaching credentials in business, management sciences, investments,
and industrial relations. Sverre is an Executive Member of the American Resort Development Association, and serves as a Director of
the Marriott Desert Springs Villas Association, Palm Desert. He is a Mentor for the Executive MBA Program at the University of
California, Irvine, and contributes his time and talents as a volunteer for the City of Hope and the Financial
Industries Group. Sverre is a veteran of the United States Navy.
Sverre is widely recognized as a top banking professional in the Southern California marketplace.
Sverre joined Manufacturers Bank in 1992 and currently holds the position of Division Manager in charge of Real Estate Services, and
Commercial Banking Head for the Inland Empire, and Orange County regions. Sverre previously served as Deputy Regional Manager at Union
Bank California, where he managed a portfolio of $300 MM and headed the Priority Banking Group. He has more than 35 years experience in banking and finance.
August 10, 2007
Program: "Understanding, Interpreting and Anticipating China"
China is careening
down the path toward a more market-oriented economy with a long way to go
although with no turning back. The economy China is building looks
very different – rules, regulations, structure -- from our own. The
most
important bilateral relationship in the world now is China and America.
Can China’s economic ascent continue? What comes next? How do
US firms’ best position themselves for the future? What happens in
energy, commodities, the environment, banking and equities? How
about China’s big state-owned enterprises? What of China’s 300+
million middle class and above consumers? Can America and China
avoid a real fight on trade and the currency that rocks the world?
What does China mean to India, Japan, Europe and the world? What are
the key strategies for global investors and multinational firms in order
to capitalize on the China opportunity?
Donald Straszheim, Vice Chairman - Roth Capital Partners
Donald H. Straszheim is Vice Chairman of Roth Capital Partners in Los Angeles, a contributing columnist for Forbes.com, Visiting Scholar at the
UCLA Anderson School of Management, former global Chief Economist for Merrill Lynch and a long-time China specialist.
Straszheim, long recognized as a top economic and financial markets expert on Wall Street, joined Roth Capital Partners in 2006 to spearhead the firm’s
growing efforts in China as well as to work with the domestic team. Since the mid 1990s, he has focused on understanding how China and the
evolving global economy and markets affect investments, companies, industries and sectors in America and elsewhere.
From 1985 to 1997, Straszheim was the global Chief Economist for Merrill Lynch and Co. in New York City, where he was voted ten consecutive years to
Institutional Investor’s ‘All-Star Team.’ As Merrill’s chief economic spokesperson, he traveled globally representing the firm and
led its worldwide research effort.
From 1997 to 2002, he served as President of the Milken Institute, a not-for-profit economic think tank in Santa Monica, CA, continuing as Vice Chairman
to 2004.
From 2002 to 2005, Straszheim was principal of Straszheim Global Advisors, an economic
and financial markets advisory firm with offices in Los Angeles and Beijing.
Currently Straszheim is also serving as President of the Chartered Financial Analysts Society of Los Angeles. He earned B.S., M.S. and Ph.D.
degrees from Purdue University, and is a regular speaker and media commentator on China and the global economy and markets.
June 8, 2007
Program: "Retirement Issues"
Program Summary:
Our June 8th meeting will be a panel discussion to examine recent
legislative actions (Pension Protection Act) and it's impact on qualified retirement plans, pending retirement plan litigation (to
include Congressional and regulatory scrutiny of 401(k) plan fees), and what this all really means in the grand scheme of an individual's
retirement security.
Our speakers include:
Craig Duglin
Craig is a retirement plan counselor for American Funds Distributors, Inc.,
(AFD) covering southern and central California, southern Nevada and Hawaii. He is also a Regional Vice
President of AFD. Prior to joining the company in 2006, Craig was a Divisional Vice President for Transamerica Retirement Services
managing business development efforts for the western half of the U.S.
Craig has over nine years of retirement plan experience.
He received a bachelor's degree in Speech with a concentration in Business Institutions from Northwestern University. He has been a certified
continuing education (CE) instructor in all 50 states and has conducted dozens of CE seminars during the past seven years. He holds
NASD 6, 63 and 26 licenses.
Cathy Heron
Cathy is Senior Vice President, Senior Counsel, Fund Business Management Group, for Capital Research
and Management Company, the investment adviser to the American Funds. She has been with Capital Research 1998.
Cathy has over 30 years of experience in the area of retirement plan regulation. She formerly
headed the Tax, Pension and International Department at the Investment Company Institute (“ICI”), the primary trade association for the
mutual fund industry and has worked in the Plan Benefits Security Division of the Solicitor’s Office within the Department of Labor (“DOL”).
She recently completed a three term on the DOL’s ERISA Advisory Council.
Cathy holds an LLM in Taxation from Georgetown University School of Law, a J.D. from Boston University Law School and a B.A. from
Wellesley College.
Roger Stephens
Roger serves as senior vice president and financial advisor at Morgan Stanley and Company and has been a speaker in the industry and various
client events for over 10 years. Stephens specializes in retirement, 401k plans, corporate and pension plans, and endowments. As a graduate
of University of California, Berkeley, he has been in the investment business for 12 years and currently manages approximately 1.5 billion
dollars in assets.
April 13, 2007
PROGRAM: "Currency
Risk Management Best Practices"
Program Summary
Even though foreign exchange risk has
become increasingly difficult to manage over the past few decades,
many corporate treasury and finance departments face the daunting
challenge of managing foreign exchange using decades old processes and
technologies. This presentation will provide guidance and advice on
how to upgrade or establish currency risk management policies and
processes that minimize the impact of currency volatility on corporate
earnings, while lowering costs and improving productivity. The
audience will leave with a game plan to examine their foreign exchange
operations and set policies and processes to mitigate risks in today's
volatile global market.
Topics
· Setting and maintaining
a corporate currency risk management policy
· Creating a snapshot of
foreign exchange exposures and potential impact of banking actions or
currency changes
· Making timely optimal
decisions based on established policies and current market conditions
· Establishing achievable
performance benchmarks to ensure measurability and accountability
Take-Aways
· Understand best
practices for FX exposure management, compliance and economic risk
management
· Reduce the operational
inefficiencies of tracking and analyzing foreign exchange exposures
and transactions
· Evaluate currency risks
and optimize internal banking and/or hedging decisions
· Reduce the impact of
volatility on the corporate earnings
March 9, 2007:
PROGRAM:
"Treasury and
Liquidity Management in Europe"
Program Summary
There has never
been a more exciting time to be a treasurer in Europe. The
developments in payment systems and cross-border liquidity management
keep growing. This presentation will cover the major payment options,
the innovative liquidity management solutions currently available, and
what is in store for the future. What is happening in Europe is a
perfect case study of just how much can be achieved in the very
challenging realm of cross-border treasury management.
.
Speaker
Michèle
Allman-Ward, CCM, CertCM
Allman-Ward
Associates, Inc.
Speaker Biography
Michèle
Allman-Ward, CCM, CertCM, established Allman-Ward Associates, Inc. in
1996. The company specializes in strategic planning, product
development and training in international treasury management. Ms.
Allman-Ward is highly regarded in the cash management industry and
speaks frequently at conferences worldwide. She is the author of
several books including ‘Essentials of Managing Corporate Cash” (John
Wiley), ‘Report on US Cash Management’ (Treasury Today), ‘Optimizing
Company Cash’ (AICPA) and ‘International Cash Management’ (Association
of Corporate Treasurers, UK). Her clients include the major global
banks, professional associations in the US and overseas and
multinational
February 9, 2007:
PROGRAM:
"It's Not Your
Father's (or Mother's) ACH Anymore"
Program Summary
Today the ACH Network is being utilized for more than just Direct
Deposit or Direct Payment. New applications allow for on-line web
based payments, conversion of consumer checks by retailers to ACH
transactions and the origination of Telephone originated debits. How
do these applications impact the consumer, corporations and the
financial institution? What are the new applications that are being
developed and how will they impact you and your customers? This
session will help to answer those questions.
Speaker
Priscilla C. Holland, AAP, CCM
Senior Director, Network Development
NACHA, The Electronic Payments Association
Speaker Biography
Ms. Holland currently is a Senior Director for NACHA where she
facilitates the Global Payments Forum and the Corporate Payments
Council. She has more than 20 years experience in cash management,
project management and product development. Prior to joining NACHA,
Ms. Holland was a Vice President and Senior Product Manager for First
Interstate Bank. She is an Accredited ACH Professional (AAP) and a
permanent Certified Cash Manager (CCM).
January
12, 200:
PROGRAM:
"The Future of Check
Conversion - Reducing Paper and Increasing Information
Speaker:
John Curtis, Sr. Product Manager - East West Bank
December 8, 2006:
PROGRAM: "You Bet Your Cash-Trivia Game"
SCAFP is again hosting its Annual "You Bet Your Cash"
Trivia Game. All attendees will participate for fun and prizes. Our
game Host,
Bill Luehrmann,
asks the questions and he hopes you have the answers.
The questions range
from
the really trivial to important current events. The
winning table receives a special prize.
It is
not too late to contribute door prizes. Call Amber Brown at the SCAFP Office at 818.843.5660 and let her know that you can bring some
of your company's logo giveaways or even samples of your company's
consumer products.
You will be a hero at your table if
you submit questions that Bill uses in the game. (Don't forget the
answer) Submit your questions and answers plus a publication or
reference where our judges can verify the answer if necessary. E-mail
your questions to the SCAFP office at
scafp@emaoffice.com or fax them to 818.843.7423
November 10th:
PROGRAM:
"Check
21 Update"
Speaker: Steven Jung - Federal
Reserve Bank of San Francisco, Los Angeles Branch
Steven currently oversees
the Twelfth District’s Business Development function which is
responsible for selling payment services to the banking industry
across the nine western states. Over his 12 year career with Fed,
Steven has managed in Check Processing, Electronic Product Support,
and the Cash Product Office.
Steven has also worked as a
financial services consultant where he worked with West Coast banking
institutions to improve in areas such as operational efficiency and
controls and vault cash management. Steven graduated from the
University of Nebraska with a major in Finance.
September 15th:
PROGRAM:
"Tap
Into The Power
Of China And India"
This presentation will cover:
- China's and India's place in the Global
Economy
- Market Updates
- Economic Updates
- Treasury Management Perspectives
- The Dynamic Regulatory Environment
- Growth Inhibitors
Speaker: Robert Kelver, Senior
Vice President, Global Treasury Services, Bank of America
July 14th:
PROGRAM:
Best Practices
for Treasury Department's Utilization of Market Information and Tools
This program will feature the how's and why's
of using tools such as Bloomberg to:
1) Monitor fixed income markets (e.g. market
movements, credit spreads, swap curve, etc)
2) Monitor foreign exchange markets (e.g.
market movements, calculation of forwards, market volatilities, etc.)
3) Monitor news and economic information
(e.g. government releases, predicting market impacts, charting
historical trends, etc.)
A demonstration of Bloomberg will be included
in the program.
Speaker: Raymond Johnson,
Bloomberg LP
Raymond (Ray) Johnson is a Fixed
Income Applications Specialist with Bloomberg LP in San Francisco.
Prior to joining Bloomberg in 1998, Ray was Vice President,
Institutional Sales for Bank of America Securities where he
specialized in selling and trading money market, government,
corporate, municipal and mortgage backed securities. Ray has also
foreign exchange trading experience through his prior employment at
Citicorp. Ray has his MBA in Finance from the University of San
Francisco and a BA in Economics from the University of California at
Santa Barbara.
June 9th:
PROGRAM:
Corporate Social
Responsibility: Trends, Challenges and Opportunities
Canyon
Snow Consulting principals have extensive experience and proven
success in working with clients to develop and implement corporate
social responsibility (CSR) strategies. In this presentation, they
will discuss the emerging trends, expectations, and practices related
to CSR. Through the use of multiple examples taken from various
industries, they will explore the risks of inattention to this
important topic. They will also take the audience through a more
detailed example of code of conduct development and implementation in
the electronics industry. Finally, they will examine the various
functional roles related to CSR and the program elements that may
already be in place in your company. Particular focus will be paid to
the financial and business implications of CSR expectations,
implementation, reporting, and marketing.
Leslee Guardino and
Jennifer Shepherd are co-founders and principals of Canyon Snow
Consulting. Canyon Snow provides expert support to companies affected
by externally driven demands on essential, yet non-core, areas of
their businesses. Leslee leads the government affairs practice while
Jennifer leads the environmental practice and they both collaborates
in leading the CSR practice.
Leslee is widely
recognized as an authority on the effect of governmental activities on
the business environment, and is a registered federal lobbyist.
Before creating Canyon Snow, she led government and corporate affairs
for Solectron Corporation. She is co-founder of the Silicon Valley
Housing Trust and co-chair of the West Coast Chapter of the Women’s
High Tech Coalition.
Jennifer is a
recognized authority on business implications of complex environmental
legislative initiatives. Before creating Canyon Snow, she was
responsible for corporate environmental affairs and asset recovery
account management at Solectron. She has been co-chair of the
environmental committee of the Silicon Valley Leadership Group, and a
founding member of the Sustainable Silicon Valley initiative.
March 10,
2006:
PROGRAM:
"Disaster Recovery Prepardness: How Prepared Is Your Treasury
Department"
Speakers: A panel discussion featuring:
Bill Luehrmann
Director, Treasury Services
Occidental Petroleum Corporation
Clariza Lomotan-Mullins
Treasurer
Pepperdine University
Bob Nickel
Manager, Treasury Operations
Northrop Grumman Corporation
Summary: In the wake of Hurricane Katrina,
September 11th, and other events, how prepared is your treasury
department for the next disaster? The disaster could be in many forms
from the next "big" earthquake to a power outage, a pandemic flu that
leaves you without staff, or simply that you are unable to enter your
office building. This program will feature three of SCAFP's own
corporate members sharing their plans, ideas and experiences on
disaster recovery preparedness for corporate treasury departments. The
format will be a panel discussion with questions from the moderator
and the audience.
February 10,
2006:
PROGRAM:
Foreign
Exchange
Markets Update
The presentation will be an update on the foreign exchange markets
and an overview of key themes in corporate hedging strategies.
SPEAKER:
Vicky
Shields from JPMorgan Chase.
Ms. Vicky Shields is a Vice President with JPMorgan Chase Foreign
Exchange in Los Angeles. Vicky has been with JPMorgan Chase for five
years and started with JPMorgan Investment Management's Currency group
in London. She worked in currency research, portfolio management and
trading before moving to sales and trading in Los Angeles. Vicky
currently covers corporate clients on the West Coast with a focus on
the technology industry. Vicky has a Bachelor's degree in Government
from Harvard University and a Master's degree in European Politics
from Oxford.
January 13,
2006:
PROGRAM: "Driving
Process Improvement within the Finance Organization and Beyond
Finance executives are increasingly asked to lead process improvement
initiatives that reach far beyond the treasury and accounting
functions. These projects often involve the implementation of
technology; yet research indicates that a majority of technology
projects fail to meet objectives. How can you ensure that your key
initiatives are successful?
Erin
McCune ,
founder of Forte Financial, will discuss common process improvement
pitfalls and how you can avoid them.
Attendees will acquire actionable advice on:
Aligning cross
functional teams for success;
Building a
collaborative partnership with your IT department;
Managing the
expectations of project sponsors;
Promoting the finance
organization as a process improvement resource company-wide.
Erin
McCune is the founder of Forte Financial, a management consulting firm
focused on financial process improvement. McCune positions clients to
reduce costs, increase working capital and improve decision making
through the strategic implementation of treasury technologies. As
leader of the Forte Financial team McCune fosters collaboration with
client personnel to achieve lasting results. McCune earned an MBA from
the Marshall School of Business at USC.
December 9,
2005:
"You Bet Your Cash-Trivia Game"
SCAFP is again hosting its Annual "You Bet Your Cash"
Trivia Game. All attendees will participate for fun and prizes. Our
game Host,
Bill Luehrmann,
asks the questions and he hopes you have the answers.
The questions range
from
the really trivial to important current events. The
winning table receives a special prize.
It is
not too late to contribute door prizes. Call Amber Brown at the SCAFP Office at 818.843.5660 and let her know that you can bring some
of your company's logo giveaways or even samples of your company's
consumer products.
November 4, 2006
"Identity Theft - Protecting Your Good Name"
The
audience can expect to learn the scope of the problem of identity theft,
who is being targeted, how the crime is being committed, and what to do
to protect personal information.
Biography: Ron Williams is a 23-year veteran of the Los Angeles
County Sheriff's Department. He currently serves as projector director
of the Southern California Identity Theft Task Force. He is responsible
for coordinating and managing identity theft investigations and training
throughout Los Angeles and Ventura counties.
Prior
to joining the Los Angeles County Sheriff's Department in 1982, Ron
worked in retail services. As a member of the sheriff's department, he
has worked a myriad of assignments including county jails, patrol,
community relations, court services, recruitment, transit services and
detective bureau. He is also an adjunct faculty member at West Los
Angeles Community College where he instructs students studying criminal
justice.
A Los Angeles native, Ron holds an Associates degree in
administration of justice, and Bachelor of Science and Master's degrees
in public administration. He resides in West Los Angeles where he enjoys
weightlifting, riding motorcycles, and studying leadership and
organizational behavior and development.
September
16, 2005:
"The Clearinghouse -Yesterday, Today, &
Tomorrow."
Jerry Milano, The Clearinghouse
www.theclearinghouse.org
Jerry Milano will discuss bank clearinghouse functions: a little history, a little functionality, some aspects of
efficiency, the legal status of clearinghouse rules and financial risk
mitigants. He will answer questions as they arise or following the
presentation at the pleasure of the participants.
Jerry is
the general manager of The Clearing House’ national check services
business operating in seven of the ten largest
U. S. metropolitan markets
[New York,
Los Angeles,
Chicago,
San Francisco,
Boston,
Philadelphia,
Detroit] Prior to The Clearing
House Mr. Milano was president & CEO of the Western Payments Alliance
[WesPay, 2000-2003], then the largest regional payments association
in the U.S.; president of Bankers Clearing House [1985-2000], then the
largest check clearing house in the U.S.; president of the
Chicago Clearing House [1982-1985];
director of payments research and the Payments System Policy Board at
the American Bankers Association [1977-1982]; and manager of retail
banking systems at The First National Bank of Chicago (now JPM Chase)
[1967-1977].
The Clearing House
Payments Company (www.theclearinghouse.org) is a private sector,
global payment systems infrastructure that clears and settles 20
million payments for more than $1.5 trillion per day. The Clearing
House serves more than 1,600
U.S. financial
institutions and hundreds of international participants and manages
payment services that span the entire spectrum of paper,
paper-to-electronic, and electronic payments. Services include local
and regional check exchange and settlement services; ACH association
and operations; large-value "wire" payments; electronic check
presentment; and an image exchange. Financial institutions of all
sizes benefit from payment systems that meet the highest standards for
reliability, security and service.
The Clearing House
Payments Company is owned by the following banks or their U.S. banking
affiliates: ABN AMRO Bank, Bank of America, The Bank of New York, Bank
of Tokyo-Mitsubishi/Union Bank of California, BB&T, Citibank, Citizens
Bank, City National Bank, Comerica Bank, Deutsche Bank, HSBC Bank,
JPMorgan Chase Bank, KeyBank, M&T Bank, National City Bank, PNC Bank,
SunTrust Bank, U.S. Bank, Wachovia Bank, and Wells Fargo Bank.
Originally
established in 1851, The Clearing House is the oldest association of
financial institutions in the
United States. For
more information on The Clearing House, contact
chip.savidge@theclearinghouse.org
or
(212) 613-9896.
August 12, 2005:
LAEDC's
"Mid-Year Economic Review and Forecast"
JACK KYSER
Senior Vice President & Chief Economist
Los Angeles
Economic Development Corporation
"Come hear the man
recognized by the Wall Street Journal as the most accurate source of
economic forecasts in
California
present his mid-year forecast with a focus on the five county
region known as greater
Los Angeles".
Called the "guru of the Los Angeles economy" by the Los Angeles
Business Journal, Mr. Kyser is responsible
for interpreting and forecasting economic trends in the Los Angeles
five-county area (Los Angeles, Orange, Riverside, San Bernardino and
Ventura counties), and for analyzing the major industries of the
area. Utilizing this information, he helps develop job retention and
creation strategies for
Los Angeles
County.
Mr. Kyser's advice is frequently sought by
business, government and the media.
The Los Angeles County Economic Development Corporation (LAEDC) is a
private, not-for-profit membership organization whose mission is
leadership in the retention and creation of jobs and economic base in
the
Los Angeles
area. Mr. Kyser’s analytical research
work and insightful knowledge of the regional
economy
has helped to elevate the LAEDC to recognition as the pre-eminent
source of economic information and forecasts on
Southern California.
Prior to joining the LAEDC, Mr. Kyser was
chief economist for the Los Angeles Area Chamber of Commerce. Mr.
Kyser has also worked for Security Pacific
National Bank, First Interstate Bank (then United California Bank).
Mr. Kyser later joined Union Pacific
Railroad in
Omaha,
Nebraska,
where he was transportation economist. Mr. Kyser
has also taught economics at the
University
of
Nebraska--Omaha,
and served as a business reporter and commentator for radio station
KVNO-FM, also in
Omaha.
A native of
California,
Mr. Kyser was born in
Huntington Park,
and currently resides in
Downey.
He holds a Bachelor of Science degree in industrial
design, and an MBA from the
University
of
Southern California.
Mr. Kyser has also pursued additional
course work at UCLA.
Jack serves on the economic advisors panel for the California Chamber
of Commerce, and on the Council of Economic Advisor’s for Mayor James
Hahn, City of
Los Angeles..
He is also a past president of the Los Angeles Chapter of the National
Association of Business Economists; a member of Lambda Alpha--a land
economics fraternity; and on the board of directors of the South Park
Economic Development Corporation, and the Building Owners & Managers
Association of Greater Los Angeles. He is also a fellow at the
Lewis
Center
for Regional studios at UCLA.
June 10, 2005:
“THE
ECONOMICS OF PROFESSIONAL SPORTS TODAY AND IN THE FUTURE”
What
are the issues facing professional sports today? What is the future
of the National Hockey Association, given that the last NHL season
never materialized? What is the impact on the local community? What
is the role of a CFO/Treasury Professional in the industry? In this
program, our speaker, Dan Beckerman, will discuss these questions and
more.
Dan Beckerman is the Executive Vice President and Chief Financial
Officer of Anschutz Entertainment Group (AEG). AEG is one of the
leading sports and entertainment presenters in the world. A wholly
owned subsidiary of The Anschutz Corporation, AEG owns or controls a
collection of companies, including facilities such as STAPLES Center,
The Forum and Home Depot Center; sports franchises including the Los
Angeles Kings, Los Angeles Galaxy, Manchester Monarchs, Chicago Fire,
DC United, San Jose Earthquakes, three European hockey franchises, and
management of shares of the Los Angeles Lakers and Los Angeles Sparks
owned by Philip Anschutz.
Dan Beckerman is in his eighth year with AEG. His responsibilities
include fiscal planning and overseeing the day-to-day financial
operations for AEG and its' subsidiaries, including the Los Angeles
Kings, Manchester Monarchs, STAPLES Center, the Home Depot Center and
the Training Center. He works closely with the Kings' President and
General Manager in managing the day-to-day financial matters for the
club, including financial planning, budgeting, financial reporting and
accounting. As CFO for STAPLES Center, his responsibilities require
that he work closely with arena ownership and act as financial liaison
to the Kings, Lakers, Clippers, Sparks and Avengers. On behalf of AEG,
he is also responsible for overseeing the financial matters for AEG's
European holdings.
Prior to joining the Los Angeles Kings organization, he served for two
seasons as Vice President of Finance for the Los Angeles Clippers
where he was responsible for all financial matters. He graduated from
UCLA with a bachelor's degree in Economics, and received his MBA in
Finance from the Anderson School at UCLA.
April 8, 2005:
“Performance Audits in a Political Environment”
Laura Chick,
the newly re-elected Los Angeles City Controller, will speak about her
department’s performance audits of the Los Angeles Airports
Department, Harbor Department, and Department of Water & Power, as
well as numerous other performance audits of the City’s operations.
Ms. Chick is known as being determined to expose malfunctioning and
dysfunctional operations in the City and outspoken about her
findings. She will take questions after she
speaks, so check out the City Controller’s website and find out
more about her office and the functions it performs:
www.lacity.org/ctr.
Laura N. Chick is the 17th Controller of the City of Los
Angeles, overwhelmingly elected in April 2001 and re-elected in March
2005. Having called Los Angeles home since 1952, she received her
Bachelors Degree in history from UCLA and a Masters in Social Work
from USC. Controller Chick is the first and only woman in the history
of Los Angeles to hold citywide office.
As
Controller, Laura Chick serves as the chief auditor and accountant for
the City of Los Angeles – working to ensure its fiscal health. Her
responsibilities include conducting financial and performance audits
of all aspects of City operations, supervising expenditures including
payroll and accounts payable, and issuing various financial reports.
Since taking office, Chick has established herself as the taxpayers’
watchdog, safeguarding the City’s finances while aggressively seeking
savings and improvements in services to the public.
Prior to becoming Controller, Laura Chick served as Councilmember,
Third District, in the west San Fernando Valley, from 1993 – 2001.
Chick served as the first woman to ever chair the City Council’s
Public Safety Committee. Before entering elective office at the age
of 49, Chick had already lived a full life as a stay-at-home mom,
manager of a family owned business and social worker.
March 11, 2005:
“Building Wealth Throughout Your Lifetime”
This program will
address the Wealth Management Process and will address questions like:
• Am I getting
the best return for the risk I am willing to bear?
• Do I have
the best mix of investments to meet both short- and long-term goals?
• Does my
financial plan address the complexity of my life?
• Am I paying
too much in taxes?
• Could I
benefit from professional money management?
The presentation will
take a couple through their life cycle and addresses their changing
needs.
Richard L.
Fausett – Senior Financial Advisor, CFM
Dick has more than
20 years of experience providing financial and wealth management
advice and services. A graduate of the Wharton School of the
University of Pennsylvania and holding an MBA from the University of
California, Dick joined Merrill Lynch in 1995, coming from the
corporate finance arena. He works primarily with high net worth
families, where his focus is on retirement and estate planning, and
with non-profit organizations.
February 11, 2005
"Approaches to an ERP implementation - a Treasury perspective"
Have you ever wondered or are
concerned about how an Enterprise Resource Planning (ERP - SAP,
Oracle, PeopleSoft, etc.) implementation can be impacted when treasury
is involved? Come hear a panel of three corporate treasury
practitioners share their perspectives and experiences on how they and
their departments were involved and impacted by an ERP implementation.
The panelists will talk about their company's respective approaches
to the process and their lessons learned. The panel will be moderated
by Robert Leahy, editor of The Leahy Newsletter.This will be a panel
discussion, with Bob Leahy as the moderator. The panelists are:
1. Michelle Reagan, Director, Cash Management, AIG SunAmerica
2. Gregory Spurlock, Director, Cash Management, Farmers Group, Inc.
3. Jennifer Young, Director, Treasury Operations, Sony Pictures
Entertainment Inc.
January 14, 2005:
Panel
Discussion titled “Investment Management in a Rising Rate Environment”
Join us for a panel
discussion on investing in today’s rising rate environment. Four
panelists will share their views of investing: what they’re buying
(or selling) and why, what they’ve been doing with low rates, what
they’ll do as rates increase, what their thoughts are about current
markets and available instruments, and more. The panelists are:
Ken Chong, HealthNet
Clariza Mullins,
Pepperdine University
Susan Munson, Merrill
Lynch Institutional Advisory Board
William Yu, THQ, Inc.
December 12,
2004:
"You Bet Your Cash-Trivia Game"
SCAFP is again hosting its Annual "You Bet Your Cash"
Trivia Game. All attendees will participate for fun and prizes. Our
game Host,
Bill Luehrmann,
asks the questions and he hopes you have the answers.
The questions range
from
the really trivial to important current events. The
winning table receives a special prize.
It is
not too late to contribute door prizes. Call Amber Brown at the SCAFP Office at 818.843.5660 and let her know that you can bring some
of your company's logo giveaways or even samples of your company's
consumer products.
October 8,
2004:
“Worms!
Viruses! Hacks! Is it really is bad as everybody says?”
Rex Frank will
demonstrate how to break into a web server, gain control over a credit
card database, and crack all the passwords. For an encore, he will
then deface the web site – all in about 10 minutes! Then he will
discuss what the Microsoft software patches are for and why they are
important.
Steve “Rex”
Frank is the Chief Technology Officer of Alvaka Networks. Alvaka
specializes in network security and protecting information assets. Mr.
Frank has 16 years experience working with corporations to enhance
their systems for vulnerability assessment, security policy, securing,
intrusion detection, penetration testing, and auditing corporate
network systems in the Finance, Medical, Manufacturing, and Online
E-Business marketplaces. Several incident responses have involved
working with law enforcement to gather and protect forensic evidence
for both civil and criminal cases. Mr. Frank formerly taught Computer
Systems Technology courses for the Coast Community College District
and now speaks regularly at Information Security seminars and trade
shows. Mr. Frank appeared on the BBC Breakfast Show to discuss the
Code Red worm.
August 13,
2004:
Effective
Presentations for Financial Professionals
You know your business and
you know your message. But have you thought about how you can
increase the odds of getting your message across and having the
impact, the outcome, the “punch” you want? In this session, our
speaker, Hugh Scheffy, will share with you tips and techniques in
three areas: Putting “Value” in your presentation, Organizing
your presentation, and Delivering your presentation. You’ll
come away with a raft of ideas you can put into your next presentation
and a better awareness of what works.
Speaker: Hugh Scheffy
Hugh
has been presenting and communicating for a wide range of purposes:
financial results, technology proposals, budget outlines. His
audiences have been diverse as well – from captains of industry to
monks, priests, and church vestry members. He has worked in both
Fortune 500 companies as well as in non-profits. His range of
financial and Information Technology responsibilities in varied kinds
of organizations has equipped him well to deal with presenting his
views effectively and moving the business forward. He will be sharing
his observations, tips and communication techniques during his
presentation.
During the past
year, Hugh has served the Founder's District of Toastmasters
International as a Division Governor, with responsibility for the
success and performance of 40 Toastmasters clubs. He is a graduate of
Harvard College, has an MBA from Harvard Business School, and an
Advanced Executive MBA from Claremont Graduate University; and by the
way, He is also a CPA
June 11,
2004:
The role of
finance and treasury professionals within their organization continues
to expand. As they are asked to do more, the impact of new federal
regulations and laws will have a greater impact on the profession, and
their daily activities. Understanding proposed changes to the
legislative and regulatory framework in which they operate better
enables them to adapt to their ever-expanding roles, and to
participate in the public discourse on those issues.
The GR Update
provides an overview on the status and outlook of federal legislative
and regulatory proposals, important to finance and treasury
professionals. The discussion covers issues currently before the
Congress, including reform of the nation’s deposit insurance system,
access to credit in the post Gramm-Leach-Bliley era, and oversight of
the credit rating agencies, and AFP’s increased advocacy on behalf of
the profession.
Take-away(s)
·
AFP’s Legislative and
Regulatory Status Update
·
Government Relations
Update Slides
·
Legislative Issue
Summary
Tom
Santos joined the Association for Financial Professionals, as Manager of
Government Relations in December of 2002. Tom manages AFP's
government relations activities on finance and treasury related public
policy.
Prior
to joining AFP Tom spent six years on Capitol Hill working for members
of the House Committee on Financial Services, formerly the House
Committee on Banking and Financial Services.
Tom
holds a BA from Saint Anselm College in Manchester, NH and a Master of
Public Administration from The University of Rhode Island.
April 16,
2004:
“The
Growing Importance of Cash Flow Forecasting”
Effective
cash management and cash flow forecasting are essential for successful
working capital management and minimizing the need for external
financing. Additionally, the "Street" has put increasing pressure on
companies to improve their cash flow forecasting processes and
accuracy. This presentation will address the key challenges and
obstacles companies face in developing techniques for effective cash
flow forecasting in the short and long term, efficient use of
variance analysis and a discussion of the importance of using " early
warning indicators" as a barometer of future accuracy.
Robert J. Baldoni
is a Partner at Ernst & Young LLP and leads its Global Treasury
Advisory Services Group. This Group is responsible for providing a
broad range of treasury and risk management services to the firm’s
clients. These services include programs covering currency, interest
rate, credit, energy and other commodity risk management,
enterprise-wide risk management, funding and investing alternatives,
policy and control procedures, selection and implementation of
treasury and risk assessment systems, cash and bank relationship
management, working capital management, treasury centralization
programs, as well as financial governance, capital structure and
treasury operation concerns. In addition, Mr. Baldoni’s group
provides a full range of risk measurement and derivative valuation
services and has pioneered the applications of Value-at-Risk (VaR)
technology to the end-user community.
Prior to joining E&Y, Mr. Baldoni
was Managing Director of Emcor Risk Management Consulting and headed
its global consulting group. At Emcor, Mr. Baldoni provided treasury
and risk management services to a wide range of corporations,
government agencies and financial institutions. Under Mr. Baldoni’s
direction, Emcor gained the reputation of being the industry’s most
innovative provider of treasury and risk management services. He is
also credited with being one of the original drivers moving the
end-user community towards looking at their risks on a comprehensive
or enterprise basis.
Mr.
Baldoni holds an MBA in Finance from Fordham University and with over
twenty-five years of experience in the industry, he is considered one
of the leading authorities in the field of treasury and risk
management. He has written many articles and is a frequent lecturer
on these subjects at both domestic and international conferences. He
is also the founder of the New York Corporate Treasury Association, a
member of the Advisory Board of International Finance and Treasury
Magazine, a member of the Advisory Board at the University of Georgia
Terry College School of Business, a member of the Advisory Council of
the Financial Engineering Institute at Polytechnic University in New
York and on the Board of Advisors of Fordham University.
March 12,
2004:
“Managing Treasury
Challenges in Latin America”
A
discussion of the challenges of managing Treasury in Latin America
focusing on various factors including the business, economic and
political environment in the region, as well as the technology and
banking practices MNC's face. A practical application will also be
presented in a case study and a discussion of the process of working
with Banking Partners in the region. The presentation will conclude
with a brief outlook as to future banking possibilities, services and
various other factors that affect Treasury decisions. Presented by David J. Lindh, Bank of
Boston
David J. Lindh is a
Director of International Cash Management Sales for FleetBoston
Financial. He has responsibility for consulting with |