SVP /Director of Loan Audit & Review
Steve joined BAFS in 2017, as Loan Audit & Review Department Manager. He brings a vast and wide range of exceptional experience to our team some of which include: accounting, credit analysis, commercial lending, and compliance.
During his 30 years in the banking and finance industry, Steve has gathered vast knowledge and skills needed to oversee the asset quality of the portfolio, assuring acceptable credit standards are practiced, while ensuring that relevant state and federal laws and regulations are maintained. His main role is to oversee and perform regular loan and portfolio reviews based on risk, size, and complexity of all credit types.
Steve is also responsible for the development of the CUSO’s Dual Risk Rating Systems utilizing both loss- given default measures and probability of default measures. His role is not only its creation, but also the implementation of the system.
Annually each member credit union has their loan policy reviewed for adequacy, and validation that applicable laws and regulations are consistently addressed. He will make recommendations for changes and updates and/or revisions to the credit union’s policy content as needed or mandated by current laws or NCUA standards.