MST Adds Regan Camp to Direct Advisory Team of CECL Experts
We at MST welcome Regan Camp as Managing Director of MST Advisory Services, our consulting arm dedicated to supporting financial institutions in both complying with current U.S. GAAP standards, as well as preparing for the move to the new Current Expected Credit Loss (CECL) standard.
“Regan is well-known in the industry as a thought leader, writer, speaker and teacher on the allowance and expected credit loss. We’re thrilled and anxious to leverage his experience, as he directs the activities of our Advisory Services team, comprised of many renown, industry-leading subject matter experts,” says Dalton T. Sirmans, CEO of MST.
Beginning his career as a Commercial Loan Officer, Regan went on to join Deloitte and Touch L.P. in their federal advisory practice, represented the FDIC in managing the day-to-day operations and eventual liquidations of failed financial institutions, as well as managed private consulting teams in assisting financial institutions with the administration of FDIC Loss Share Agreements, the establishment of special asset divisions, and the resolution of troubled portfolios. Most recently, he has spent the past 5+ years leveraging his specialized experience and expertise in contributing to the development and implementation of industry leading financial software products, while serving as a key relationship manager, subject matter expert and principal consultant.
Regan has joined and oversees the activities of an MST Advisory Services team comprised of numerous well-respected, industry-leading authorities on the ALLL/CECL. Many institutions are already working with the Advisory Services team in developing sound defensible CECL-compliant methodologies, policies, and procedures.
Financial institutions across the country understand that the time is now to be preparing for the new CECL accounting standard. Regan recently offered his expertise in the MST webinar now on-demand called CECL: Don’t Panic – Prepare. In the webinar, Regan gave his insight on why the panic, and how institutions can redirect their panic to preparation with concrete steps.
Personally, Regan passionately serves his communities through his leadership and volunteer efforts, while lovingly supporting his beautiful wife and three children.