E:\marcusevansassets\Doc\Events\ Global Financial Markets Intelligence conferences | Credit Risk Modeling: Economic and Regulatory Objectives, and the impact of COVID-19 on Credit Risk Estimates

Global Financial Markets Intelligence

Global Financial Markets Intelligence

Credit Risk Modeling: Economic and Regulatory Objectives, and the impact of COVID-19 on Credit Risk Estimates

A comprehensive and practical 2 day course providing extensive examples and case studies.

21-22 Oct 2021
New York, NY, United States of America


Why You Should Attend

Credit Risk Modeling: Economic and Regulatory Objectives, and the impact of COVID-19 on Credit Risk Estimates

To ensure we meet your expectations and maximise your return on training investment, we favour a classroom/workshop style set

Although our online training courses have been very successful, for many people nothing beats having the opportunity to travel to an event to meet the trainer and other attendees in person. They recognize that the networking and informal discussions that take place at face-to-face events cannot be replicated online, therefore as travel and in-person constraints begin to ease, we are excited to be able to bring you Mich Araten’s latest program in a safe and secure in-person setting.

Credit risk modelling techniques have advanced over the last 10-15 years in light of recent regulatory changes. The need to determine wholesale credit risk parameters (probability of default, exposure at default and loss given default) that are consistent with economic and Basel capital and can provide a useful framework for stress tests and CECL/IFRS9 requirements has highlighted the importance of robust methodology and validation.

This comprehensive and practical 2 day course will give participants a broad overview of various credit risk modelling techniques and applications, while going into details regarding Basel III/IV and CECL/IFRS9 and providing extensive examples and case studies. A module dealing with how Covid-19 affects the various credit risk estimates as used in different applications is a key feature of the program, and at the end of this intensive course, participants will be equipped with ready-to-use frameworks for application in various areas of credit risk modelling.

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.

Mich has been delivering public and in-house courses in the US, Europe, and Latin America with marcus evans for nearly a decade, and as a result of the 2020-21 Coronavirus pandemic he has successfully transitioned to delivering his courses online, thus ensuring that banking professionals around the globe continue to benefit from his insights into the key credit risk issues facing financial institutions today.

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?

Solid credit risk management and modelling continues to be the backbone for long-term success in the banking as well as other industry sectors. Respectively, this course is well suited for professionals working in one of the following or related areas:

· Credit Risk Modelling

· Accounting

· Finance

· Model Development and Validation

· Quantitative Analysis

· Enterprise Risk Management

· Audit

· Model Validation & Model Risk


Key Topics

  • Appreciate the overall context of credit risk modelling in an effective risk management context
  • Understand specific challenges regarding expected credit loss modeling.
  • Comprehend how to develop solid credit risk models as well as adjust and leverage existing models for various applications
  • Recognize how for both internal and regulatory purposes Covid-19 factors should be incorporated into estimates.

  • Why Choose GFMI marcus evans?

    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.







    Voice of Our Customers
    • “Very good – helped me visualize what I am working backwards from.” Woodfast National Bank
    • “Experienced trainer with well organized material.” Freddie Mac
    • “Extremely knowledgeable presenter, he did well to explain difficult concepts and took his time to deliver key points. All the important aspects of the IRB and capital assignment process were well covered” Nordea
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    Event Contact

    For all enquiries regarding speaking, sponsoring and attending this conference contact:

    Kamelia Simeonova


    101 Finsbury Pavement, London, EC2A 1RS



    Telephone:
    0044 203 002 3172
    Fax:
    Email: kamelias@marcusevansuk.com