#104 Todd Miller on SVB, the Economy, & Model Risk - Part 1

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Discover valuable insights on the economy's response to the pandemic and the Federal Reserve's attempts to control inflation in our captivating conversation with Todd Miller. As a former regional capital market specialist and director of special actions at NCUA, Todd offers a unique perspective on the potential implications of the Fed raising rates in historical fashion. Don't miss this opportunity to learn from an expert in the credit union sector.Together, we tackle the challenges regulators and financial institutions face in navigating rising interest rates, volatile funding growth, and overall market uncertainty. Todd shares his insider's view on how the NCUA is managing the situation, addressing mismatched loan and share growth, extended investment portfolios, and volatile earnings. We also delve into the potential impact of ongoing deficit negotiations between the White House and the Republicans.Finally, prepare to unravel the complexities of model risk as it relates to credit unions, with guidance from the NCUA and OCC Handbook on model risk. We emphasize the importance of interest rate and liquidity risk in the current market, and Todd examines the limitations and costs of models. Find out the crucial factors for success when using third-party models in decision support systems, and learn how to navigate the risks posed by social media on the balance sheet and depositor behavior. This episode is packed with essential information for credit union professionals and anyone invested in the financial sector.Pandemic, Federal Reserve, Interest Rates, Credit Union, NCUA, Todd Miller, Inflation, Savers, Investment Portfolios, Deficit Negotiations, Model Risk, Liquidity Risk, Third-Party Models, Social Media, Balance Sheet, Depositor Behavior, Early Warning Indicators, Crisis Management, Decision Support Systems
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Discover valuable insights on the economy's response to the pandemic and the Federal Reserve's attempts to control inflation in our captivating conversation with Todd Miller. As a former regional capital market specialist and director of special actions at NCUA, Todd offers a unique perspective on the potential implications of the Fed raising rates in historical fashion. Don't miss this opportunity to learn from an expert in the credit union sector.


Together, we tackle the challenges regulators and financial institutions face in navigating rising interest rates, volatile funding growth, and overall market uncertainty. Todd shares his insider's view on how the NCUA is managing the situation, addressing mismatched loan and share growth, extended investment portfolios, and volatile earnings. We also delve into the potential impact of ongoing deficit negotiations between the White House and the Republicans.


Finally, prepare to unravel the complexities of model risk as it relates to credit unions, with guidance from the NCUA and OCC Handbook on model risk. We emphasize the importance of interest rate and liquidity risk in the current market, and Todd examines the limitations and costs of models. Find out the crucial factors for success when using third-party models in decision support systems, and learn how to navigate the risks posed by social media on the balance sheet and depositor behavior. This episode is packed with essential information for credit union professionals and anyone invested in the financial sector.


Pandemic, Federal Reserve, Interest Rates, Credit Union, NCUA, Todd Miller, Inflation, Savers, Investment Portfolios, Deficit Negotiations, Model Risk, Liquidity Risk, Third-Party Models, Social Media, Balance Sheet, Depositor Behavior, Early Warning Indicators, Crisis Management, Decision Support Systems


#104 Todd Miller on SVB, the Economy,  & Model Risk - Part 1
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