RMA New England Chapter Fall Kickoff Event

With the recent collapse of Silicon Valley Bank and Signature Bank, and the subsequent collapse of Switzerland’s Credit Suisse, the US banking industry is still feeling the effects. What led to these collapses? What were the undetected landmines? Was the swift response of the Federal Reserve and the US Government sufficient to stem further unrest? Did the rapidity of the interest rate increases by the Fed bring about the collapse? Did the regulatory agencies miss key signals?
 
What went wrong and what can the industry do to protect itself and its customer’s assets in the future? Will banks continue to consolidate? How will uncertainty of interest rates affect banks? Join us as we explore what went off course, and how to successfully operate in the future, during a frank interactive discussion between a Regional bank president, a bank CFO and a bank CRO. 
 
There will be sufficient time during the program to pose your questions to our panelists and moderator.

The program will be followed by a networking cocktail reception from 4:30 – 5:30.

Panelists:

Sheryl McQuade, Regional President, Metro New England, TD Bank

Sheryl McQuade is Regional President of TD Bank's New England Metro, covering Maine, Vermont, New Hampshire, Rhode Island, Massachusetts, Connecticut and Upstate New York. Sheryl is responsible for providing strategic direction and sales leadership to TD Bank's New England retail, small business, commercial and middle market banking operations and lending services, and oversees a network of approximately 310 stores. She leads a team of nearly 2,900 colleagues in these businesses across the Metro.
Sheryl has more than 30 years' experience in banking and joined TD Bank in 2019. Her comprehensive banking experience includes commercial lending, credit risk management, Middle Market, business banking, consumer banking and retail branch development. She operates with a consistent focus on delivering extraordinary customer experiences to our Commercial and Consumer customers.

Outside of work, Sheryl serves on the boards of directors of the Greater Boston Chamber of Commerce and New Hampshire Business and Industry Association, and on the Board of Trustees of The Granite YMCA. She holds a bachelor's degree in finance from Lehigh University and an MBA from Western New England University in Massachusetts.

Daniel Brennan, Chief Financial Officer, South Shore Bank

Daniel W. Brennan is Chief Financial Officer and Treasurer of South Shore Bank and its mutual holding company. Dan joined South Shore Bank in November of 2017 upon its merger with Braintree Cooperative Bank, where he served in the same role since August of 2012. Prior to joining Braintree Cooperative Bank, Dan was a senior manager in the audit group at Parent, McLaughlin & Nangle, CPAs (now Marcum) and served as the external auditor for several financial institutions in Massachusetts. He is currently a board member of the Italian Home for Children in Jamaica Plain, Massachusetts. Dan is a graduate of Bentley University and is a certified public accountant.

David O’Brien, Deputy Chief Risk Officer, Rockland Trust

David M. O’Brien currently serves as Senior Vice President, Deputy Chief Risk Officer of Rockland Trust Bank and its parent holding company, Independent Bank Corp. Working closely with the Chief Risk Officer (CRO) and the Bank’s second line Enterprise Risk Management (ERM) Team, Mr. O’Brien is responsible for building, promoting and supporting a risk aware culture through the Bank’s ERM Program. The ERM Program entails the implementation of a framework of risk governance together with processes for identifying, assessing, managing, monitoring and reporting risks in alignment with the Bank’s risk appetite and in relation to its strategic and business objectives. In his role, Mr. O’Brien’s areas of emphasis include, but are not limited to, second line oversight of financial risks (e.g., credit, liquidity, interest rate, etc.) and non-financial risks (e.g., model risk, data governance, etc.).

Mr. O’Brien has been employed at Rockland Trust for 30 years, and has more than 33 years of banking experience overall. He holds a CRO certificate from Heinz College, Carnegie Mellon University (Pittsburgh, PA), a master’s degree in business administration from the McCallum Graduate School of Business, Bentley University (Waltham, MA), a bachelor’s degree in business administration from St. Michael’s College (Colchester, VT) and a certificate in commercial real estate finance from Boston University Metro College (Boston, MA). Mr. O’Brien is currently a director of the New England Chapter of the Risk Management Association (RMA) and has had past community roles, including, volunteering as a classroom assistant, serving on the board of a local civic organization and coaching youth soccer. He lives in Hanover, MA with his wife and their two children.

Moderator:

Rob Reuter, Executive Managing Director, CEIS Review

Mr. Reuter is Executive Managing Director with CEIS Review and has over 35 years of commercial and investment banking experience. He has overall responsibility for the Loan Review business at CEIS.

His background is comprised of senior level positions in loan review, loan underwriting, credit, execution, risk management, portfolio monitoring, workouts, agency services, regulatory compliance, internal control processes, policy enhancements and origination.

Prior to joining CEIS, Mr. Reuter was associated with UBS Investment Bank, most recently as Managing Director, America’s Head of Loan Portfolio Management, National Bank of Canada, and Algemene Bank Nederland/LaSalle National Bank. His executive responsibilities included serving as Chair and/or voting member of loan approval, new business, loan review and problem loan committees. He holds a BA in Finance as well as an MBA, both from DePaul University in Chicago.

For more information contact:
Julie Conroy, RMA Administrator
Julie@rmanewengland.org