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CECL - Effective Model Validation (3/7/25)

CECL - Effective Model Validation (3/7/25)

Library:

This Course will cover the validation process, performing the required review of the model for conceptual soundness, outcomes analysis, and ongoing monitoring as part of the quarterly process.

Instructor

Manish Garg

Credit Hours:

1.2 CPE

Date & Time

Mar 7, 2025, 7:00 pm EST

Duration

1 HR

Standard Price:
Regular price $299.00
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    It’s important to make sure that your CECL model is validated by a third party, and auditors will be looking for this now that the first fiscal year-end under CECL is upon us. While a validation project may not be a major internal undertaking, CECL is new and therefore validation experience is often difficult to find, so you’ll want to get things moving if you haven’t already.

    This Course will cover the validation process, performing the required review of the model for conceptual soundness, outcomes analysis and ongoing monitoring as well as evaluating governance, segmentation, prepayments, and any other assumptions that form part of the quarterly process. In addition, the speaker will discuss how to effectively perform sensitivity testing and reviewing qualitative-factor frameworks and data transformations.

    Topics Include: 

    • Regulatory requirements of CECL
    • Effective Model Validation
    • Validation process
    • Monitoring and governance
    • Qualitative-factor frameworks


    Who Should Attend?:

    • Risk Management
    • Lending/Credit
    • Internal Audit
    • Compliance
    • Information Security/Technology
    • Executive Management
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