Al Dominick
Board Member
Sal Inserra
Mandi Simpson
Partner

Bank boards and executive teams face a number of risks in these challenging times. They may need to adapt their strong internal controls in response, as Mandi Simpson and Sal Inserra – both audit partners at Crowe – explain in this short video. You can find out more about the audit and accounting issues your bank should be addressing in their recent webinar with Bank Director CEO Al Dominick, where they discuss takeaways from the adoption of the current expected credit loss model (CECL) and issues related to the pandemic and economic downturn, including the impact of the Paycheck Protection Program and concerns around credit quality.

Click HERE to view the webinar.

WRITTEN BY

Al Dominick

Board Member

Al Dominick serves on the board of DirectorCorps, Inc. The former CEO of Bank Director | FinXTech, he is a partner at Cornerstone Advisors.

Prior to Cornerstone and Bank Director | FinXTech, he ran the business development efforts for Computech, a Bethesda, Maryland-based information technology firm (now part of NCI — NASDAQ: NCIT). Before that, he worked for Board Member, Inc. in a variety of revenue-generating roles.

A 1999 graduate of Washington & Lee University, where he majored in Politics and was a four-year letterman on the varsity baseball team, he earned an MBA from the University of Maryland’s Robert H. Smith School of Business in 2007.

WRITTEN BY

Sal Inserra

WRITTEN BY

Mandi Simpson

Partner

Mandi Simpson is a partner at Crowe LLP.  She started her career with Crowe in 2004 and has spent her entire career focused on the financial institution industry.  From 2016 to 2018, she served as a professional accounting fellow in the office of the chief accountant of the Office of the Comptroller of the Currency (OCC).  At the OCC, she spent much of her time on the agency’s CECL initiatives, including liaising with the standard-setters, developing and delivering examiner CECL training and working across the OCC to develop agency and interagency policies and positions.  Ms. Simpson leads Crowe’s CECL audit methodology and training initiatives and uses her significant CECL expertise to consult with financial institutions on implementation of the new standard.