Webinar
CECL next steps: parallel runs and model validations
Jan. 26, 2022 · Authored by Ivan Cilik, Sean Statz
In response to the CECL adoption requirements mandated for Jan. 1, 2023, many banks have already chosen which CECL method is right for their institution. To gain confidence in your choice, our Value Architects™ are working to help you navigate your CECL model validation needs which are often extensive and intimidating.
Watch the final webinar in our CECL series in which Baker Tilly’s Ivan Cilik and Sean Statz discussed best practices for CECL model validations so your organization can feel assured in your results, stress testing and appropriate level of documentation.
Learning objectives:
- Regulatory expectations for CECL model validations
- Key segments of CECL processes that should be validated
- Dos and don’ts of a value-added model validation
- Benefits of a replication approach to a model validation
- Parallel runs and stress-testing
- Importance of validating your model prior to implementation
Watch our webinar series
Understanding the ins and outs of CECL models
Baker Tilly hosts a series of informational webinars discussing the details of CECL implementation, models prior to the CECL requirements mandated for 2023
Model risk management: Implementing CECL outside of the box
Listen to this webinar for an engaging discussion on the navigation of CECL implementation, how to view model risk management holistically and best practices for your current processes.
CECL implementation DCF model: understanding the ins and outs of CECL models
Watch Baker Tilly's latest webinar in our CECL webinar series, in which we reviewed the discounted cash flow (DCF) methodology, discussed model risk management and explored best practices for your current processes.
CECL implementation loss rate analysis: understanding the ins and outs of CECL models
Watch Baker Tilly's latest webinar in our CECL webinar series, in which we reviewed the loss rate analysis methodology, discussed model risk management and explored best practices for your current processes.
