Understanding and Preparing for CECL New York

Risk Training's two day training course will provide attendees with a comprehensive overview of CECL requirements and address implementation issues, challenges and opportunities. Sessions will cover all of the most important aspects of the CECL regulation including; loss forecasting methodology, system infrastructure requirements, utilising data and new data sources and how to conduct stress testing under CECL.

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Understanding and Preparing for CECL

New York, 23 & 24 May 2018

View Full Agenda Pricing and Registration

From December 15 2019, FASB regulation will apply and banks will be required to be compliant with the new expected credit loss accounting standard, which introduces the current expected credit losses methodology (CECL.) Fundamentally different to the current ALLL practices, CECL will mean that banks make significant changes to their loss forecasting methodology and infrastructure in addition to holding additional capital. 

Risk Training's two day training course will provide attendees with a comprehensive overview of CECL requirements and address implementation issues, challenges and opportunities. Sessions will cover all of the most important aspects of the CECL regulation including; loss forecasting methodology, system infrastructure requirements, utilising data and new data sources and how to conduct stress testing under CECL.

Speakers:

Fang Du, Supervision & Regulation, The Federal Reserve Board

Nav Vaidhyanathan, Group VP Model Risk Management, M&T Bank

Sri Lakamsani, Head of Loss Forecasting & CCAR, Citi

Julio Rivera, VP, Director of CCAR and CECL Model Implementation, Production & Reporting, US Bank

Steve Lindo, Principal SRL Advisory Services & Lead Instructor/Course Developer, Columbia University

Prashant Dinodia, Director – Risk Advisory, FIS

Matthew Noll, Senior Manager, Capital Management & Credit Risk, EY

Srinivasan Iyer, Director, Industry Consulting Risk Research and Quantitative Solutions, SAS Institute Inc

Murilo Brizzotti, Principal CECL/IFRS9 Lead at Risk Research and Quantitative Solutions, SAS Institute Inc

Learning Outcomes

By the end of the two day course delegates will have new or improved knowledge of:

  • The CECL framework and timelines along with challenges and opportunities of implementation
  • How you can capitalise on your banks existing model frameworks to comply with CECL and understand gap analysis and provision matrix models
  • The new loss forecasting methodology including how to review historic estimates and forecast for the future
  • Best practices for CECL stress testing and how you can utilise the decentralized environment and ensure consistency and growth
  • CECL data requirements and how you can assess and enhance the storage, aggregation, modelling and reporting capabilities for your company
  • How to break down silos to ensure collaboration, detail and report findings to the board and build suitable audit and oversight capabilities
Who Should Attend?

This course is primarily aimed at those working in Credit Risk however Risk welcomes anyone who would benefit from this training. Specific job titles may include but are not limited to:

  • Model Validation
  • Regulatory Analyst
  • Internal Audit
  • Credit Risk Modelling
  • Credit Risk
  • Credit Risk Review
  • CCAR Modelling
  • Market Risk Manager
  • Quantitative Risk Executive
  • Quantitative Risk Analyst
  • Quantitative Risk Manager
  • Credit Risk Audit
  • Risk Model Validation
  • Credit Risk Management 
  • Credit Risk Modelling
Course Highlights
  • A comprehensive overview of the current state of CECL implementation and regulation
  • Delve into how we can utilise what was learned from the IFRS9 roll out when implementing CECL
  • Discussion on how to leverage the use of existing CCAR models and adapt them to fit with the CECL framework 
  • Gain an understanding of data requirements 
  • A thorough overview of loss forecasting methodology 
  • A session comprised of best practice ideas on how to govern your CECL framework

Downtown Conference Center

157 William Street
New York
NY 10038
T: 1-212-618-6990  
Toll free- 877-DCC-MEET (322-6338)

Venue information

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