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Current Expected Credit Loss (CECL) Modelling
Practical guidance for modellers in financial institutions on issues of estimating expected credit losses for wholesale and retail portfolios under the new FASB Accounting Standards Update 2016-13
18-19 Jul 2019
Downtown Conference Center, New York, NY, United States of America
- Why You Should Attend
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Current Expected Credit Loss (CECL) Modelling
To ensure we meet your expectations and maximise your return on training investment, we favour a classroom/workshop style set up for the delivery of our courses. Please note we have therefore limited number of spaces available and these will be assigned on a first come, first accepted basis. We recommend early booking to avoid disappointment.
How will you benefit?
This 2-day course is designed for analysts and modelers, though those responsible for accounting and loss reserve estimation will also benefit. The course will be highly interactive with discussions and hands-on activities that lock in concepts with realistic learning situations. Key takeaways include:
· How credit risk parameters can be distilled from historic loss data
· Development of alternative approaches for modelling probability of default, exposure at default and loss given default for wholesale credit risk
· Understanding of drivers useful for segmenting retail portfolios and estimating defaults and losses
· How macro economic factors can affect the estimation results
· The importance of model validation and review
About your expert trainer:
Mich Araten has had over 40 years of experience at JPMorgan Chase where he developed credit risk capital and expected loss models for global retail, wholesale, and capital markets, and has completed a number of historical studies supporting these models. A special focus has been on regulatory issues, Basel, and JPMorgan’s Strategic Risk Grading Task Force. He has published widely in journals, authored chapters in books, and is a frequent speaker at conferences. As Managing Director of Credit Risk Capital Advisory he provides consultancy to banks and conducts training seminars throughout the world. He has been an Adjunct Lecturer at Columbia University, Fordham Graduate School of Business, and at Polytechnic Institute and holds a PhD in Operations Research from Columbia University.
Pre-course questionnaire:
A detailed questionnaire will be sent to all course participants to establish exactly where the group training needs lie. The completed forms will be analysed by the course leader/trainer and followed by telephone if further clarification is required. As a result we can guarantee that the course is pitched at exactly the right level and that the issues that you regard as relevant are addressed. The course material will reflect these issues and will enable you to digest the subject matter after the event in your own time.
Who should attend?
From Banks and Insurance companies
Vice Presidents, Directors, Senior Managers in:
- Credit Risk Models
- Credit Risk Audit
- LG, PD, EAD Modeling
- Controllership
- Loan Loss Reserve Estimation
- Risk Model Validation
- Internal Audit
- Balance Sheet Management
· Strategic Planning
- Why Choose GFMI marcus evans?
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marcus evans specialises in the research and development of strategic events for senior business executives. From our international network of 63 offices, marcus evans produces over 1000 event days a year on strategic issues in corporate finance, telecommunications, technology, health, transportation, capital markets, human resources and business improvement.
Above all, marcus evans provides clients with business information and knowledge which enables them to sustain a valuable competitive advantage and makes a positive contribution to their success.
- Event Contact
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For all enquiries regarding speaking, sponsoring and attending this conference contact:
Antonello Sarra
London
Telephone: +44 203 002 3329
Fax:
Email: antonellosa@marcusevansuk.com