What Matters Now in CECL Model Validation - Webcast

Protiviti Webcast

What Matters Now in CECL Model Validation - Webcast

2018 is shaping up to be the Year of CECL as impacted financial institutions gear up to meet the initial December deadline looming under the Financial Accounting Standards Board’s Current Expected Credit Loss (CECL) standard. Under this new model, financial institutions will be required to use historical information, current conditions and reasonable forecasts to estimate expected loss over the life of a loan. Attend this session to learn what matters now in your organization’s plans to be ready for CECL, including more significant data requirements and changes to methodologies to accurately estimate expected losses.

Key Learnings:

  • Define and discuss the Top 5 steps financial institutions should take now solidify a CECL plan
  • Distinguish why selecting the right CECL model validation methodology is a critical success factor
  • Understand the challenges institutions already planning for CECL are encountering
  • Discover the right Data Governance plans to put in place now

Speakers:

Managing Director,
Protiviti

    Todd is a Managing Director in the Model Risk practice of Protiviti’s Data Management and Advanced Analytics Solution. Todd focuses on risk modeling and model validation for Market, operational, Credit, and Conduct Risk. 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 has 18 years’ experience in developing, validating and reviewing credit risk stress testing and ALLL models. Before joining Protiviti, he worked for several top U.S. banks and focused on developing internal credit risk models, retail credit portfolio management strategies and wholesale credit model development.

    Duration: 54 minutes

     

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