Douglas Clyma, the senior vice president of credit risk management at AmeriCredit Corp., and Boaz Salik, principal of FischerJordan, the New York consultancy, have been added to speaker faculty of the upcoming Auto Finance Risk Summit.
The Auto Finance Risk Summit, the only industry event focused on auto lending and leasing risk management, will take place May 19-21 in Miami.
Specifically, Clyma joins a panel discussion featuring Bruce Harris, CFO of VW Credit, and Will Callender, a managing vice president and First Manhattan Consulting Group. The panel will present a dynamic case study on risk scenarios and share best practices for addressing today’s market challenges.
Salik, meanwhile, will make a presentation on the new thinking regarding credit scorecards. Salik’s firm, FischerJordan, has worked on several projects recently that aimed to improve financial services models.
To register for the Auto Finance Risk Summit, please visit www.autofinancerisksummit.com.
Douglas is well respected among his fellow auto finance colleagues and know what he says will be of great value.
If the idea that the borrower’s OnStar (or whatever) system could be used to disable the car based on some third party’s claim was very explicitly disclosed upfront and if the borrower explicitly agreed in writing, then maybe someone could offer it. Without full disclosure and consent it would be a legal nightmare for OnStar or whomever.
The typical deep sub-prime borrower who requires GPS monitoring only agrees to it because they have no other choice. Borrowers with no choice have to live with the Big Brother aspect. Anybody with a choice would probably be appalled at the idea and either opt out or shop elsewhere.