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Model risk management: implementing CECL outside of the box

September 8, 2021 @ 1:00 pm - 2:00 pm EDT

Free
Baker Tilly CPE Webinars

Participants of the live webinar will be eligible for 1 free CPE credit.

Register

In today’s ever-evolving regulatory climate, organizations must be responsive with their model risk management processes. One of the most recent influencing factors is the new current expected credit loss (CECL) requirements mandated for 2023. Navigating CECL implementation can become complex and time-consuming without the right advisor. The data requirements, multiple methodologies and validation needs can be extensive and intimidating, and institutions often start from scratch.

Join Baker Tilly’s team of Value ArchitectsTM for an informative discussion about viewing the model risk management system holistically and how you can use current processes and systems to aid in your CECL implementation efforts.

During this webinar, you will gain an understanding of:

  • CECL implementation process—including timing, data requirements and model methodologies
  • Practical considerations for adopting CECL and key information needed as part of the implementation process
  • Primary considerations when building or modifying your model risk management system to accommodate the new standard
  • The most significant data challenges and benefits of integrating a model risk management platform
  • Interdependencies between existing data extraction processes and models and how to translate to CECL implementation

When:

  • Wednesday, Sept. 8

Speakers:

  • Ivan Cilik, CPA, partner
  • Sean Statz, CFA, senior manager

Who should attend:

Chief lending officers, chief risk officers, directors of internal audit and risk management professionals from banking institutions

Information about CPE eligibility

There are no prerequisites for this webinar, and advance preparation is not required. There is no cost to attend this webinar.

Level: Overview

CPE credit: One (1) hour total credit

Field of study: Specialized knowledge (SK)

A certificate of completion will be emailed to you four to six weeks after the event.

For more information regarding administrative policies such as complaint and refund, please contact our offices at +1 (608) 240 2522.

 

Baker Tilly US, LLP 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: learningmarket.org.

 

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