Experience

Catalyst Corporate Federal Credit Union

• United States
• Financial Services
• 100 - 200 Employee

• Chief Risk Officer

  • Sep 2011 - Present

  1990 – PresentPlano, TX Senior Vice President – Chief Risk OfficerChampion, innovate, and sustain peak functionality of Legal, Credit, and Compliance Departments, including budgeting, staff development, research, outsourcing, and systems integration. Pioneered loan department rescheduling by modernizing the underwriting process through a proprietary automated credit scoring model, expanding collateral acceptance to safely allow a four-fold increase in qualifying member credit unions’ lines of credit, and integrating loan documentation that permitted securitization of member loans.  Spearheaded internal task force, resulting in first-in-kind corporate credit union receiving expanded investment and derivative authorities.  Ensured consistent analysis and recommendations cross-functionally by designing advanced ALM consulting services for all credit unions in Southwest Corporate's field of membership, creating readable, understandable reports for clients, and driving workflow systemization.  Spearheaded investment credit overhaul by leading the upgrading of personnel, procedures, credit write-ups, and staff training, increasing the comprehensiveness of collateral tracking and ALCO reporting while significantly reducing the labor required.You can also follow Brent on X (Twitter) at @BrentSmith55Words to live by:“There is always room for improvement…it’s the biggest room in the house!” Show less

• SVP - Risk Officer

  • Jun 1990 - Sep 2011

  Responsible for legal, compliance, interest rate risk assessment, liquidity risk assessment, investment credit risk assessment and facilities functions within Southwest Corporate. As a member of the executive management team, Brent directed his teams' efforts to measure, mitigate, and reduce exposure to risk based on a global understanding of the organization as a whole and the elements that comprise it.