Gary Stoley

Credit Risk Advisory Services at Pactola Commercial & Agricultural Lending

Speaker

Gary is seasoned in commercial credit, commercial real estate, syndications, asset based lending, leveraged transactions and retail credit (indirect auto, home mortgage, home equity and unsecured installment loans). He also focuses on evaluating the efficacy of Credit Risk Review, Appraisal Management/Review and Internal Audit in order to assist banks in maximizing value for dollars spent on these functions.

His experience includes the cradle to grave lifecycle of credit: Policy, procedures, staffing/expertise, underwriting, credit administration, risk management, reporting/MIS, problem loan management/collections, foreclosure/repossession and collateral/appraisal management. He has evaluated thousands of loans entailing unsecured and secured structures during the period 1977-2018. These cover the following sectors: small business, oil and gas, farming, commercial & industrial, with structures including Asset-Based Lending (ABL), Secured Financing, Blanket Receivables Lending, Factoring, home mortgage, home equity, indirect auto, small business and unsecured personal loans. He has also led or participated in formal proceedings to design, execute and evaluate bank remedial action for addressing systemic deficiencies.

Gary is experienced in forensic credit related fraud identification, investigation/documentation, referrals to FBI/DOJ/OCC authorities and depositions. He has built, presented and administered multiple civil money penalty and enforcement actions against banks and bank officials, relating to credit risk management and funds misappropriation since 1982. His forensic work includes extensive deposit/funds flow investigation related to those fraudulent loans.

He has extensively evaluated internal audit and Credit Risk (Loan Review) processes both in clean and problematic bank credit situations, with emphasis on those that missed systemic breakdowns. This has resulted in his construction of risk based Internal Audit and Credit Risk Review models that have been successfully implemented.