
Session 05
X - Executive, A - Advanced, I - Intermediate, B – Basic, F- FP&A Renewal Credit, G - GTOT Credit
CTP Review Sessions are not available for CTP or FP&A credit.
Economic Update in a Post-Covid World (I)
- William Chittenden, Ph.D., Associate Professor, Texas State University
Tuesday, April 26th
9:45am - 10:45am
Waller A
Session Description
This session will discuss the current state of the U.S. and Texas economies as well as GDP, unemployment, inflation, interest rates, and other economic indicators. The economic impact of the Federal Reserve’s actions and the Federal government’s fiscal policy will also be discussed. At the end of this session, attendees should have a better understanding of the relationship between GDP growth and unemployment as well as between interest rates and recessions. Attendees will also be able to make an informed judgment about the future direction of the U.S. and Texas economies.
Speaker Information
Dr. William Chittenden is an Associate Professor of Finance in the McCoy College of Business Administration at Texas State University. He prevously served as Presidential Fellow, Associate Dean for Graduate Programs and Department Chair. Dr. Chittenden is also on the faculty of the Southwestern Graduate School of Banking at Southern Methodist University and the Texas Tech School of Banking. He has been quoted in USA Today, the Austin American-Statesman and has been interviewed for radio in the U.S. and Canada. His articles for TheConversataion.com have been viewed over 90,000 times. He has served as a consultant to the Bank of Montreal/Harris, ABN/AMRO, Household International, Fitzsimons Federal Credit Union, TAP Pharmaceuticals, Ozona Bank, and other regional, national, and international firms. He speaks regularly to professional organizations across the United States and Canada on a variety of financial and economic topics. He earned a B.B.A. in Finance and an M.S. in Economics from the University of Texas at El Paso, and a Ph.D. in Finance from Texas Tech University.
Attachments/Links
Global Liquidity and Risk Management Optimization (I)
- Ryan Donovan, Global Liquidity Specialist, Bank of America
- Jacob Heger, GPD Companies
- Gonzalo Sanchez, Director, Bank of America
Tuesday, April 26th
9:45am - 10:45am
Waller D
Session Description
This session intends to provide insight into trends on global liquidity and risk management along with solutions that can be leveraged to optimize corporate practices on both fronts.
Learning Objective:
– Critical risk considerations related to cross-border cash management practices along with risk management strategies that can be adopted to mitigate those risks.
Speaker Information
Ryan Donovan is a Global Liquidity Specialist who assists clients in designing bespoke liquidity structures and developing strategies for their excess cash balances. Before working at Bank of America, Ryan spent 7 years on the Global Cash Management team at Ecolab where he maintained their global pool positions on a daily basis, ran their EUR and USD Commercial paper programs, and served as the director of their Irish Financing entity
Gonzalo Sanchez is a Director with Bank of America Rates & Currencies Origination with coverage responsibilities in Central US. His expertise includes foreign exchange, interest rates, commodity corporate risk management. Prior to Bank of America, Gonzalo was part of Corporate Derivatives Marketing group at JP Morgan Chase with coverage responsibilities in US South and Southeast regions.
Attachments/Links
Love ‘Em or Leave ‘Em? The Value of Partnering with Banks, Fintechs or Both to Achieve Treasury Transformation (X)
- Betsy Clark, Vice President, Treasury Manager, Rockpoint Group
- Kevin Kachur, CTP, Treasury Operations Supervisor, Marathon Petroleum
- Eric Thibo, CTP, Corporate Banking TM Sales Director, Fifth Third Bank
Tuesday, April 26th
9:45am - 10:45am
Waller C
Session Description
In today’s rapidly evolving digital world, treasury professionals face an abundance of choices and opportunities to harness innovative solutions that promise to drive efficiency and business improvements. In this panel discussion, leading industry practitioners will break down the latest treasury innovations and evaluate how these tools can be transformative. We will examine the role banks and Fintechs have in bringing new solutions to the market and how to determine which solutions make sense for your business.
Learning Objectives:
– Attendees will learn how to evaluate the latest treasury offerings from bank and Fintechs, and how to evaluate those solutions might impact transformation objectives
– Attendees will gain insights into how to develop an effective RFP, and how to factor in a bank credit relationship when selecting a transformation partner.
Speaker Information
Betsy Clark is Vice President, Treasury Manager at Rockpoint Group located in Dallas. Prior to joining Rockpoint, Betsy was a Senior Director, Treasury at Integer Holdings Corporation. Prior to that, Betsy worked as a Director, Treasury at Alliance Data Systems. Betsy has also held roles at AIG Commercial Asset Finance, ORIX USA Corporation and PwC. Betsy earned her M.S. in Accounting and B.B.A. with an emphasis in Accounting and a minor in Mathematics from Southern Methodist University.
Kevin Kachur has been with Marathon Petroleum for 10 years and has been in his current role as Treasury Operations Supervisor for 3 years. Managing billions of dollars in liquidity, the MPC Treasury team recently embarked on a new ERP implementation that is predicated on in-house cash and virtual bank accounts. With the new virtual account solution, MPC was able to reduce the number of their physical bank accounts from over 300 to approximately a dozen physical accounts, resulting in significant cost savings. The virtual bank accounts also provide an extra benefit of mitigating the risk of fraudulent activity and reducing KYC requirements and lead times for opening new accounts. Kevin also has presided over the implementation of a dynamic discounting program for MPC with C2FO.
Eric Thibo is Corporate Treasury Management Sales Director leading the National Diversified Industries and Energy verticals at Fifth Third Bank. In this role, he leads a group of Treasury Management Sales Consultants offering traditional treasury and fintech solutions to improve working capital and enhanced automation. Eric earned his B.B.A in Finance from Northwood University and his M.B.A from Central Michigan University. He is a Certified Treasury Professional (CTP).
Attachments/Links
SESSION CANCELLED: Case Study – Cutting Through the Hype: Pearson’s AI-Based Cash Forecasting Marvel (A)
- Nicolas Christiaen, CEO, CashForce
- Corporate Co-Presenter TBA
Tuesday, April 26th
9:45am - 10:45am
Waller D
Session Description
This session has been cancelled. Unfortunately, this speaker was unable to travel from Europe.
Until recently, Pearson was looking for a forecasting system that would be both highly effective and relatively low impact for finance staff. The existing TMS-based process wasn’t a lot better than Excel. By implementing a new cash forecasting tool with the power of artificial intelligence, the company has already seen significant results. For one thing, more accurate forecasting has enabled Pearson to reduce its peak borrowing requirements substantially, which eventually led to millions in saving. In this in-depth case study, where we are joined by our corporate client, we explain how to connect your data from different sources, standardize your disparate processes, obtain quality data for your cash forecast and provide up-to-the-minute analysis on behavior and trends within their cash operations.
Speaker Information
Panel – People: Your First and Last Line of Cybersecurity Defense (I)
- Charmaine Shi, Director of Treasury, BrandSafway
- Justin Ellerman, SVP, Wells Fargo
- Jordon Loyd, Supervisory Special Agent, FBI
Tuesday, April 26th
9:45am - 10:45am
Waller F
Session Description
Human performance strategies will help you gain the upper hand in the fight against cybersecurity fraud. Cognitive hacking tactics like phishing targets well intentioned employees to get them to perform differently than they would normally. Fraudsters gain opportunities when people, process, and technologies are not optimally aligned. Learning Objectives:
– Creating a culture of trust is one of the most important strategies to help enhance cybersecurity defenses
– Involving employees from board of directors down in the development of processes and technologies will broaden your cybersecurity effectiveness.
Speaker Information
Charmaine Shi is currently Director of Treasury at BrandSafway. Previously, she was Director, Treasury at McDermott International, a premier, fully integrated provider of engineering and construction solutions to the energy industry. Charmaine is responsible for global cash operations and trade finance at McDermott, leading teams located in Houston and Dubai. Charmaine has over 20 years of experience in international treasury, corporate restructuring and M&A. Prior to joining McDermott, Charmaine had broad Treasury and corporate finance experience with multinational companies, including Halliburton, CEMEX and Delphi. She has led a wide range of Treasury project implementations in different roles.
Justin Ellerman is an SVP for Wells Fargo’s Cybersecurity Client Office Group. Justin has 15 years’ of cybersecurity and privacy experience in financial services. His previous roles include incident response, privacy operations, and cybersecurity strategy. Justin holds an MBA and industry certifications including the CISSP, CIPP/US, GCCC, GCTI and GSTRT.
Jordan Loyd is an FBI Supervisory Special Agent based in Austin, where he supervises a team of investigators, computer forensic examiners, and others who conduct investigations into computer intrusions with a criminal and national security focus. Jordon previously worked in Iowa, New York, Virginia and Bulgaria investigating computer intrusions for the FBI. He has been with the FBI since 2009 and was a network administrator for six years prior to joining the FBI. Jordon is a graduate of Oklahoma State University.
Attachments/Links
Agriculture Industry Roundtable Discussion Group (I)
- Tresha Rodgers, CTP, VP Cash Management, Farm Credit Services of America
- Raymond Vines, CTP, CFO, Turningpoint Communications
Tuesday, April 26th
9:45am - 10:45am
403 - Level 4
Session Description
“For Treasury Practitioners, this “Ag” round table discussion will center around the financial aspects of this enduring, complex and diverse industry. The financial aspect of industry trends, environmental factors (climate and pandemic) will be discussed, including:
Hot topics:
-Cannabis as a crop
– Governmental subsidies / incentives
Factors affecting production levels:
– Climate Change
– Robotic Processes / AI / Machine Learning
Effects of:
– Distribution / Supply Chain
– Pandemic
Emerging Environmental Factors / Trends to watch:
– Plant-based “meats.”
Learning Objectives:
– Efficiencies, productivity gains, savings, convenience, risk and fraud mitigation techniques brought about by treasury and finance technology
Trends to watch out for
-Support for natural and man-made industry disruptors and Seasonality”
Speaker Information
Tresha Rodgers is a treasury practitioner turned relationship manager, and is uniquely qualified to offer comprehensive cash management solutions to meet the Farm Credit Services of America and Frontier Farm Credit customers’ challenges. Throughout her career in treasury, Tresha has served in various roles from a Corporate Cash Manager to Treasury Management Payment Consultant, where she managed large corporate and business banking clients. A treasury industry advocate and champion, Tresha has served the Nebraska Association for Financial Professionals’ Board in various capacities for over 10 years, including as President. She is currently Past-President and Annual Conference Chair and an award-winning AFP Regional Officer. Community minded, Tresha has served on the Ralston Public Schools Board of Education, Score4sports, and currently serves as a Teammates mentor. Tresha holds a Bachelor of Science degree in Criminal Justice from University of Nebraska at Omaha and an MBA from Bellevue University.
Raymond Vines is CFO and an Educator for Turningpoint Communications, a national treasury management focused marketing, business development and training firm, headquartered in Boston, MA. Ray brings his 30 years’ corporate treasury experience to bear for TPC’s customers as the “voice” of the client – and shares his knowledge with prospective practitioners. Ray is also an instructor for Association for Financial Professionals Certified Treasury Professional (CTP) Treasury Learning System Instructor-led courses to hundreds of prospective CTP candidates each Spring and Fall in his areas of expertise for Rice University and the University of Texas. Formerly, Ray served as Director of Treasury for Dean Foods in Dallas for seven years, where he was responsible for leading the treasury operations function and team, managing internal and external relationships and continuous process improvement. Prior to his role at Dean Foods, Ray spent 20 years at RadioShack as Director of Treasury Operations. Ray is an active participant in enhancing the role of treasury management as an industry and career through his participation on industry roundtables and his leadership of the Dallas Association for Financial Professionals, including his role as past president of the organization. Ray co-chaired the award-winning TEXPO conference in Dallas in 2018, leading all technological, marketing and communications aspects of the conference and serves on the education committee for the Dallas TEXPO Committee 2023.
CTP – Short Term Borrowing (B)
- Dubos Masson, Ph.D, CTP, CertICM, President, The Treasury Academy
- Tyrone Gant, CTP, SVP, Director of Treasury Management, Vectra Bank
Tuesday, April 26th
9:45am - 10:45am
Waller E
Session Description
This session discussed the characteristics of different types of money market securities, as well as how these instruments are priced, yields are calculated and investments managed. Also included is coverage of short-term financing from the borrower’s perspective, including the calculation of the costs on bank lines of credit and commercial paper.
Speaker Information
D.J. Masson, Ph.D., is President of The Treasury Academy, a training and consulting firm specializing in treasury management, international finance, business forecasting, and risk management. Over the past 25 years, D.J. has provided business and financial consulting and training services to a wide variety of corporations, financial institutions, and not-for-profit organizations in the U.S., Canada, and abroad. He is currently an Associate Clinical Professor of Finance at Indiana University’s Kelly School of Business and is a trainer and curriculum developer for programs with Association for Financial Professionals (AFP), GT News and Association of Corporate Treasurers (ACT) in the U.K, and Citibank’s Global Transactions Services unit. D.J. has extensive experience in developing curriculum for a wide range of teaching and training environments, both residential and on-line. He has developed classes and taught at all levels of higher education: undergraduate, MBA, Executive MBA, and in-house, custom-designed courses. D.J. has worked with professional associations to develop workshop, training materials, and certification programs in the areas of Treasury Management, Credit Management, Global Cash Management, Financial Forecasting, Commercial Banking, and Risk Management. D. J.’s educational background includes a B.A. in Business from the University of New Orleans and an MBA and Ph.D. in Finance from Indiana University. D.J. earned his Certified Cash Manager (CCM/CTP) credential in 1988. D.J. also earned the Cert ICM, an international cash management certification, from the Association of Corporate Treasurers (ACT) in the UK in 1999.
Tyrone Gant, CTP, is the Director of Treasury Management for Vectra Bank Colorado, a division of Zions Bancorporation. Tyrone is a results oriented financial professional with 25 plus years’ experience in the banking industry including leading and executing growth and sales strategies, new business development and treasury management consulting.
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