Backroom Operations: Focus on Fraud

Starts:  Aug 25, 2015 10:00 (PT)
Ends:  Aug 27, 2015 12:00 (PT)

This course teaches operations analysts to decipher trending metrics on incoming collateral data on a real time basis, thereby helping to detect and isolate potentially fraudulent conduct.

 

The Schedule:

  • Tuesday - Thursday, August 25 - 27, 2015: 10am - 12pm PDT (Pacific)

Topics:

* Introduction - Importance Of The Operations Area

* Quantitative & Qualitative Analyses of Pledged Collateral

* Daily/Monthly Functions Of The Operations Department

* Reviewing Agings (Vertical & Horizontal Analyses, Trends & Trajectories, Concentration Debtors, Ineligibility Issues)

* Tests of Authenticity (Reviewing Invoices/Shipping Documentation, Verifications)

* Reviewing Remittance Reports (Testing Cash Inflow for Reasonableness, Reviewing Cash Control Mechanism Activities (Locked Box vs. Blocked Accounts), Tracking Sales, Turnover Trends & Dilution)

* Reviewing Inventory Reports (Vertical & Horizontal Analyses, Trending and Trajectory (Computing Inventory Turn & Impact on Liquidity), Ineligibility Issues)

* Reviewing Accounts Payable Agings (Vertical & Horizontal Analyses, Focusing on Critical Vendors)

* Reviewing The Borrowing Base For Accuracy

* Analyzing Key Collateral Indices

* Set Up And Maintenance Of Statistical Data

* Interfacing With Support Groups

* Case Work   

Instructor:

Donald Clarke, President of the ABLC group of companies, boasts over 35 years in the commercial lending, asset based lending, commercial leasing, quality of earnings certification and continuing education training focusing on corporate lending disciplines for Fortune 500 companies.
Formed in 1988, ABLC, with regional offices in Los Angeles, Houston, London, England and Miami, is a Corporate Financial Consulting firm with major United States and international banks, private equity firms and institutional investors as its clientele. ABLC provides technical assistance on corporate loans (mostly asset based transactions), in addition to performing quality of earnings certification for private equity firms and institutional investors, and assists these groups on loans and investments aggregating $6 billion worldwide.  

 

Location