Washington, DC (PRWEB) October 20, 2015
Strategic Risk Associates (SRA) announces that a longtime member of the SRA team and an incoming team member have been named Senior Managing Directors. Both directors have a 30+ year career in the financial services industry and are known for their leadership.
New associate James Barber, former Chairman and CEO of Acacia Federal Savings Bank, will be responsible for business development across the SRA consulting group and, in particular, building the mortgage consulting practice. James has held a number of leadership roles in the mortgage and banking industries, and led the merger and integration of Acacia Federal Savings Bank into the Stifel organization. He is a recognized expert in the mortgage industry and has been a mortgage and risk consultant to the banking industry across a broad range of topics.
Bob Morrison, a longtime member of the SRA team, will continue to focus on business development and delivering high quality consulting services to clients. Bob formerly served as director and CEO for Suburban Federal Savings Bank. He was a director of the Maryland Bankers Association and was the Chairman of the Board of Trustees for its banking school. Bob is a Krowe Excellence in Teaching Award-winning adjunct professor at the Smith School of Business at the University of Maryland, College Park.
SRA founding partner Bert Knotts said, “I am delighted to be welcoming James to our client team at SRA. He has an outstanding track record and is exactly the type of strategic talent we need. I know he will add tremendous value to our clients. And Bob’s prominent role within the organization will not change. Our clients consistently rely on his steady and wise counsel.”
About Strategic Risk Associates, LLC
SRA’s team of consultants are former senior bankers and regulators, each with decades of financial management experience. The focus of SRA is enterprise risk management (ERM), Mergers and Acquisitions due diligence, stress testing, capital planning, credit risk management, loan review, mortgage lending, internal audit, and regulatory support. SRA is well known in the community banking, investment banking and private equity community, having done credit due diligence on over 300 banks since our founding in 2009. SRA has designed an ERM model and framework, which has recently been automated and successfully implemented at numerous institutions.
Bob Morrison, Senior Managing Director
James Barber, Senior Managing Director