Guest: Adam Mustafa – Invictus Group



The coronavirus chaos and its cascading impact on the financial markets and small and medium sized business has made credit stress testing a vital tool for every community bank. Adam Mustafa, CEO and co-founder of the Invictus Group, joins host, Michael Delucchi to collectively share their thoughts on stress testing in the COVID-19 environment, how PPP loans and loan modifications can be incorporated into test scenarios, and loan loss reserve considerations during these unprecedented times.

With a long history in strategic analytics and stress testing, Adam discusses the importance of identifying the segments of the portfolio that are most vulnerable and how stress testing can assist bank executives to fully grasp the bank’s capital situation to determine if contingency plans such as deleveraging, cost cutting, or changes to the dividend policy need to be pursued.   Adam reveals how banks can use COVID-19 stress testing results to augment their qualitative factors for loan loss reserve accounting purposes.

This episode is ideal for any CEO, CCO, CFO, or bank executive to learn why proper stress tests, not the check-the-box stress tests that most banks use, can help banks to plan for the worst, develop timely strategic and contingent initiatives, while positioning them to take advantage of opportunities when the crisis is over.

About Our Guest

Adam Mustafa – CEO and Co-founder of the Invictus Group

Adam Mustafa is CEO and Co-founder of the Invictus Group. He has been providing strategic analytics, M&A and capital adequacy advisory services to banks, regulators, bank investors, and bank D&O insurers since the beginning of the 2008 financial crisis. Mr. Mustafa has overseen the design and implementation of BankGenome™, the data-driven intelligence network that powers the Invictus Group’s suite of customized pandemic stress testing, capital stress testing, M&A, and strategic planning systems for community banks. He has also been a featured speaker on stress testing, M&A, CECL and risk management at dozens of industry conferences, including those hosted by regulators. Prior to joining Invictus, he had senior-level experience as a banker, financial services consultant and corporate CFO. He has an MBA from Georgetown University and a BA from Syracuse University.

Episode Resources

For more information and to contact Bart go to




COVID19 Resources

Webinar: Why Community Banks Need Stress Testing Now More Than Ever


All opinions expressed in this podcast are those of the host and participants and do not necessarily represent the opinions of any entity whatsoever with which the host or guests have been, are now, or will be affiliated with, including The Elevate Group, LLC.
This podcast and related links are for education and entertainment purposes only. The Elevate Group, LLC does not make any warranties about the completeness, reliability, and accuracy of any links and information provided in correlation with this podcast. Any action taken by the listener or reader, which is based upon the information provided in the podcast or related links, is strictly at the individual’s risk.