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Calibrating Loss Experience to Economic Conditions

Implement forecasting and loss projection

 

At this point, participants will have an understanding of candidate methodologies, the use of peer experience, and ideally, a set of candidate peer institutions to use when their own loss history is not relevant or does not contain meaningful loss experience. In this session, we will discuss several techniques we have used with hundreds of clients already on the standard to calibrate the historical loss basis, whether peer-based or based on internal experience, to anticipated economic conditions, as well as techniques for projecting those very conditions. This live session is eligible for one NASBA CPE credit. 

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Calibrating Loss Experience to Economic Conditions

You Will Learn How to:

  • Defend a forecast source and interpret forecast data from a variety of sources
  • Apply different levels of complexity to your practices according to your specific case
  • Implement a forecasting and loss projection regime that is scalable to future events such as M&A, growth beyond certain size tripwires, etc.
  • Understand the effects of key decisions that will need to be made each period, such as length of the forecast period
  • Avoid the common traps and punitive complexity of “over modeling”
CECL Streamlined Webinar Series
This webinar is part of a special CECL webinar series for 2023 filers. Learn more about the series.

Meet Your Presenters


Jared Owen

Senior Analyst, Advisory Services at Abrigo

Jared is a Senior Analyst with the Abrigo Advisory Services team, where he specializes in the CECL transition of community banks and credit unions. He has extensive experience with assisting financial institutions with data needs and helping those institutions with data deficiencies throughout the CECL transition and adoption process.

Garver Moore

Managing Director, Advisory Services at Abrigo

Garver brings a decade of enterprise software, analytic, and advisory experience to Abrigo’s advisory team. Prior to joining Abrigo, Garver was a Technical Consultant with Accenture, and he later worked with C-suite executives on technology strategy and delivery as a Managing Partner of the Orange Advisory Group.

CECL Streamlined Webinar Series

Stay on track with your CECL implementation. 

CECL Streamlined is a webinar series developed and led by consultants who have helped hundreds of institutions to successfully implement CECL. The four-part series covers major steps and milestones in chronological order to ensure 2023 filers stay on track and feel confident in their CECL transition.

"If there's one thing I can say about Abrigo, it's that they have taken the complications out of it."

Andrew Reid | Bank of San Antonio

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Abrigo CECL Software and Services

A Trusted CECL Partner

Abrigo's ALLL and CECL software is endorsed by the American Bankers Association and trusted by more than 1,000 financial institutions. Get support beyond a username and password with Abrigo's award-winning service and advisory team of CECL experts. Our in-house consulting group provides a range of services from CECL transition plans to outsourced calculations.

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Continuing Education Credits

The live webinar session is eligible for one NASBA CPE credit.

 

Who should attend?

Anyone with responsibilities related to the allowance or transition to CECL.

  • Chief Financial Officer
  • Controller
  • Chief Credit Officer
  • Chief Compliance Officer
  • Accounting, finance, credit departments, and C-suite of banks and credit unions

Advanced Preparation: N/A

Prerequisites: Intermediate background in allowance, accounting, or regulatory compliance

Program Level: Intermediate

Delivery Method: Group Internet

Abrigo is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

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