Webcast: Managing Credit Risk and Mitigating Losses through a Crisis and Beyond

enterprise resilience webinar series
Webcast: Managing Credit Risk and Mitigating Losses through a Crisis and Beyond

In today's environment, spurred by and rapidly changing due to the COVID-19 global pandemic, governments and regulatory authorities across the world, have acted quickly to provide economic relief for consumers and businesses that are most impacted. While lending organizations are moving quickly to operationalize changes to address the crisis, proactive institutions are also looking ahead. Long after relief programs have ended, those who have considered the risks and longer-term impacts will be best positioned coming out of the current crisis and beyond.

Following this webinar, you will be able to:

  • Discuss vulnerabilities created by the crisis and government action to assist borrowers and lenders, such as:
    • Coronavirus Aid, Relief, and Economic Security (CARES) Act
    • Paycheck Protection Program (PPP)
    • Regulatory guidance updates on Troubled Debt Restructures (TDRs)
  • Assess near and long-term actions to support borrowers while mitigating credit risk and potential losses during the government support period and beyond
  • Evaluate the financial impact on credit portfolios and understand how to incorporate related scenarios into forecasts that flow into Current Expected Credit Loss (CECL) and stress testing models

Original Webinar Details

Date: April 21, 2020

Time: 1 pm - 2 pm EDT

Duration: 1 hour

1 CPE credit available for live attendees only

No prerequisites required. Level: Basic. Field of study: Management Services. Instruction delivery method: Group Internet Based. 

Protiviti is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. For more information regarding refund, concerns, and program cancellation policies, please contact the CPE Administrator at [email protected].

 

Access on demand recording

 

Speakers

Managing Director
Protiviti

Bill is a Managing Director with Protiviti in the Risk & Compliance Practice and leads Protiviti’s National Credit Review practice.His clients have included large bank holding companies, banking and other lending institutions, major credit cardorganizations, credit unions, and collection agencies. Bill has been responsible for managing numerous credit review, internalaudit and consulting engagements focusing on credit, underwriting, origination, collections, and the allowance for bad debtprocesses. In addition, he has lead due diligence for securitization and asset-based lending transactions in addition toacquisitions. Bill began his career in public accounting as an external auditor focused on large financial institutions.

Managing Director
Protiviti

Ariste is a Managing Director with Protiviti in the Risk and Compliance Practice. She has over 25 years of credit risk management, financial advisory and banking experience. She specializes in providing advisory services to clients including loss estimation for reserving and the allowance for loan and lease losses (ALLL), Qualitative Adjustment Frameworks and implementation of the Current Expected Credit Losses (CECL), risk modeling and analytics for credit risk, capital planning and stress testing, model validation, credit review outsourcing and co-sourcing, internal controls effectiveness assessment / program development, counterparty credit risk management infrastructure for financial counterparties and vendors, M&A due diligence and credit risk governance.

Managing Director
Protiviti

Todd Pleune is a Managing Director within Protiviti’s Risk and Compliance Solution, Todd focuses on risk modeling and model validation for Credit Risk , Conduct, Operational, and Market Risk. Recently, Todd has supported stress testing model development, validation and internal audit at more than 15 major banks. He has also led model validations for all major Anti-Money Laundering systems. He has developed model governance processes and risk quantification processes for the world’s largest financial institutions and is an SME for internal audit of the model risk management function.

Director
Protiviti

Ben Shiu is a Director in the Model Risk Practice with Protiviti, focused on advising clients in the banking industries on credit risk management, ALLL modelling and process, Basel II implementation and CCAR modelling and regulatory compliance. He has 18 years of experience in developing, validating and reviewing credit risk stress testing and econometrics models. Ben is also leading a task group to develop Protiviti's CECL/IFRS9 modelling methodology and overall solution. Prior to joining Protiviti, he worked for several top U.S. banks and focused on developing internal credit risk models, credit card portfolio management strategies and interest rate risk VaR models.

 

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