Understanding and Preparing for CECL New York
Two days of sessions include challenges of implementing CECL, leveraging and adapting existing models for CECL, stress testing and lessons learned from IFRS 9.
Organisations now have a new accounting standard changing how they account for expected credit losses. This course will help with techniques needed to determine the appropriate level of balance sheet reserves. Banks will have to build their own platforms and share information between departments to aide change needed for the level of modeling CECL requires.
What will you learn?
By the end of the two day course delegates will have new or improved knowledge of:
- A comprehensive overview of the current state of CECL implementation and regulation
- Leveraging the use of existing CCAR models and adapt them to fit with the CECL framework
- How ALM and CECL overlap and how they can be integrated and cross-leveraged
- Effect on investors with CECL's impact on disclosures
- Adapting strategies to maximise return under a forward looking risk
Who Should Attend?
Relevant departments may include but are not limited to:
- Model Validation
- Internal Audit
- Credit Risk
- Quantitative Analysis
- CECL - Key Challenges / Opportunities
- CECL Impacts
- The ALM side of CECL: Why Robust ALM matters?
- Leveraging & Adapting Models for CECL
- Stress Testing Under CECL
- Model Risk Management for CECL Models
- Discounted Cash Flow