Understanding and Preparing for CECL 2019 | Risk.net | 20 February 2019 | Downtown Conference Center, 157 William Street New York NY 10038, USA

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:

• The current state of CECL implementation and regulation
• Leveraging the use of existing CCAR models and adapt them to fit with the CECL framework
• Best practices and the importance of having an internal controls framework
• 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:

• Modeling
• Model Validation
• Internal Audit
• Credit Risk
• Quantitative Analysis
• Regulation

Course Highlights
Sessions Include:

• CECL - Key Challenges / Opportunities
• CECL Impacts
• Best practices and internal controls framework
• Leveraging & Adapting Models for CECL
• Stress Testing Under CECL
• Model Risk Management for CECL Models
• Discounted Cash Flow
• Governance

2019 Speakers

Laurent Birade
Senior Director, Moody's Analytics

Grigoris Karakoulas
President and Founder, InfoAgora Inc.

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

Nehal Bharodia
Senior Analytical Consultant, SAS Institute

Laxmikant Shukla
Senior Vice President- Portfolio Analytics and Strategy Group Manage​​​​​​​r, PNC

Emily De Revere
Manager, Accounting Advisory Services, KPMG

Tim Pardoel
Director, Accounting Advisory Services, KPMG