The choice of a banking service provider is one not-for-profits should make carefully.  

A request for proposals (RFP) process is undertaken to select a new banking service provider. A banking service provider is both a business partner of the organization and a vendor. It is critical for the success of the Not-for-Profit to establish and maintain a relationship with a banking service provider they like and trust to bolster financial success. Other factors to consider include quality services, delivered at an appropriate price, and providers who understand and align with the not-for-profit’s organizational values and/or mission.  

As a fiduciary, it is recommended to issue an RFP periodically, and as needed. The following situations make it opportune to issue an RFP: (1) in response to changes in investment goals, (2) increase in amount of assets, (3) concerns with your current provider, (4) board changes, and (5) to determine that your organization is receiving the service it deserves. 

FEATURING:

Moojan Behziz 

Deputy Director Treasury 

Bill & Melinda Gates Foundation 

Treasurers and Insurance Roundtable Executive Committee Member 

Moojan Behziz is responsible for Treasury at the Bill & Melinda Gates Foundation where she works primarily on global banking and insurance. She started her career at PwC, responsible for tax preparation of tax-exempt organizations. Following her work with PwC, Moojan spent 13 years at Amgen, Inc. and held positions of increasing responsibility mainly within global treasury, which included cash management, capital planning, interest rate and foreign exchange risk management, and corporate insurance. Prior to joining the Bill & Melinda Gates Foundation, Moojan was the Assistant Treasurer for Wesco Aircraft, responsible for M&A treasury integration, cash operations, and debt restructuring. She earned her M.B.A. in Financial Planning in 2009 from California Lutheran University and holds dual Bachelor of Science degrees from George Mason University in Accounting and Management Information.  

The webinar is free to join. The webinar shall be interactive with virtual attendees having the opportunity to ask questions and/ or make comments.  

Please submit your questions or comments to info@treasurersroundtable.org and/or ask during the webinar.