Webinar – Why You Should Validate Your CECL Model

  • This event has passed.

Date: Thursday, May 12, 2022 | 1:00 PM - 2:30 PM

Venue: Your Computer,

Description: Join us for a complimentary webinar, Why You Should Validate Your CECL Model. CECL standards are in effect for all institutions as of January 1, 2023, which is fast approaching. Are you ready? Is your model control framework and validation process up to par? An effective model control framework and validation process is crucial to your institution’s compliance and risk management functions. You cannot rely solely on an audit to challenge your model – a proper validation of your CECL model will challenge it in a multitude of ways to ensure it is functioning properly. During this presentation, we will review the CECL readiness and model validation process, as well as considerations and best practices relating to CECL

Attendees of this complimentary webinar will learn:

  • Identify key components for your CECL Model
  • Review common CECL methodologies
  • Determine challenges/best practices in data, system validations & performance monitoring
  • Learn how to ensure the complexity of the model is commensurate with the complexity of your institution

1:00 – 2:30 PM – Presentation

Hosted by: Mercadien’s Financial Institutions Services Group

Speakers: Joseph Galdo, CPA, CAMS, CFE, CERP, Director & David Healey, Supervisor

Refund/Cancellation Policy: Since this program will be presented free of charge, there will be no refunds issued. For more information regarding complaint and/or program cancellation policies, please contact our office at 609-689-9700 or email events@mercadien.com.

1.5 CPE credits in Specialized Knowledge is offered. No advance preparation or prerequisites required.