Venue
Killington Grand Resort
Killington Grand Resort, 228 E Mountain Rd, Killington, VT 05751, USA

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Event Date Thu May 17 EDT - Fri May 18 EDT (over 6 years ago)
Location Killington Grand Resort
228 E Mountain Rd, Killington, VT 05751, USA
Region Americas
Details

This session will provide forward-thinking strategies for managing today’s market rate risk. Discover leading risk management practices aimed at optimizing the liquidity portion of the balance sheet especially when handling a dynamic interest rate environment, assessing the risk of surge deposits and successfully integrating stress-testing results.

For the last several years, the banking industry has advocated for common sense changes with the Financial Accounting Standards Board (FASB) and federal regulators regarding a controversial proposal to dramatically change the way that banks calculate their allowance for loan and lease losses. Progress had been made, but banks need to make significant changes to meet the new requirements. Learn more about the effects of CECL, particularly with respect to regulatory
capital and the following:
• the work ICBA was involved in to shape the final accounting standard
• Key dates for CECL
• What is CECL and what does it mean for your bank
• Permissible methods for calculating the allowance for credit losses with examples
• Views of regulators on CECL implementation, particularly the chief accountants
• Industry concerns about third party vendors and third party CECL solutions

Speakers

2018 Speakers:

Chris D'Elia
President, Vermont Bankers Association

James Kendrick
First Vice President, Accounting & Capital Policy, ICBA

Norman Ladabouche
CPA, A.M, Peisch & Company, LLP

Al Forrester
CEO, FICast Data Corporation

Frank Cioffi
President, GBIC, Burlington, VT, New Hampshire Representative

Jason Clinton
Wolf & Company

Ryan Rodrigue
P.C, Wolf & Company, Boston, MA

Donald Anderson
Senior Vice President & Chief Information Officer, Federal Reserve Bank of Boston

Jeffrey B. Carr
President & Senior Economist, Economic & Policy Resources

John Collins
Head of Red Flag US, Washington, DC

Wendell Davis
Regional Administrator for Region I, United States Small Business Administration

Steve Heston
EVP Chief Sales & Marketing Officer, Shazam