Partner Spotlight: Philip Guba

With over two decades of expertise as a field examiner and a solid foundation of 12 years in various banking roles, M. Philip Guba brings a wealth of experience to the table. As a Partner and Director of the Commodity Field Exam Group at R&F, Philip oversees the majority of commodity-related field examinations, showcasing his deep understanding and specialized knowledge in this domain.

Philip's journey into commodities began during his tenure as the credit manager of the precious metals management division at Engelhard Corporation (now BASF), where he gained invaluable insights into the intricacies of the industry. His extensive background spans across energy, ESCOs, metals (ferrous & non-ferrous), grains, sugar, cocoa, coffee, chemicals, and fuel, making him a versatile expert in the field.

At R&F, Philip leads the team in conducting comprehensive field examinations for some of the largest energy traders in the USA, as well as smaller energy traders. Beyond energy, his expertise extends to analyzing ferrous and non-ferrous metals, grains, legumes, sugar, coffee, and chocolate, among other commodities.

What sets Philip and the Commodity Field Exam Group apart is their proficiency in handling examinations related to quasi-commodities such as plastics and steel. Their adeptness in navigating the idiosyncrasies of these markets, understanding market pricing dynamics, differential pricing, forward & future contracts, and their impact on reported collateral is unparalleled.

Moreover, Philip's team at R&F brings a nuanced understanding of working with Energy Service Companies (ESCOs). They are well-versed in distinguishing between guaranteed and non-guaranteed sales, as well as understanding true-up and market pricing dynamics. This level of insight is crucial in ensuring that collateral assessments accurately reflect the complexities of the ESCO industry.

In an ever-evolving commodity landscape, having a partner Philip Guba and the Commodity Field Exam Group at R&F is invaluable. Their dedication to delivering meticulous examinations and their deep industry knowledge make them trusted advisors for lenders and companies alike. Connect with Philip to explore how R&F can support your commodity financing needs with precision and expertise.

Rosenberg and Fecci Consulting LLC is a full-service consulting firm providing a variety of services to lenders primarily focused on field examinations and collateral audits. Founded in January 1996, Rosenberg & Fecci maintains offices in New Jersey and Connecticut with associations with other firms around the country. R&F’s customer base stretches from smaller boutique finance companies to global money center banks. The facility sizes under our scope range from start-up to multi-billion dollar transactions.

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