CMMA Breakfast Meeting on January 23 in Sauk Centre; tour Standard Iron & Wireworks
TOPIC: Manufacturing & Economic Expectations in 2020
Guest Speaker: James Nowak, VP of Risk Management, United Bankers' Bank
James Nowak is Vice President of Risk Management at United Bankers Bank. He received a Bachelor of Science degree in Finance from St. Cloud State University. James joined the United Bankers' Bank Securities team in 2002 after eight years of experience in the fields of Asset Liability Management and Economic Forecasting. During his banking career, he has worked for financial institutions as large as $5 billion in assets.
James developed and manages ALMEdge®, UBB's asset/ liability modeling product. This product is currently used by over 250 community banks in 13 states. James hosts an annual users group conference which regularly draws over 200 community bankers from around the upper Midwest.
James is a former member of the faculty at the Graduate School of Banking at the University of Wisconsin, Madison, where he taught courses in Asset/Liability Management. He is a guest commentator on Fox9 news and WCCO radio on matters of finance and economics and is a regular on the national speaking circuit for many banking and industry associations and events. Nowak specializes in the topics of risk management and economics.
The key to Standard Iron's continued success has been change-the willingness to adapt their business in response to the changing needs and demands of the customer, the industry, and the times.