4th Edition CECL 2019

Reviewing progress towards implementation and steps for 2019 to ensure operational efficiency

4th Edition CECL 2019

March 27-28, 2019 | New York City

Key Agenda Highlights

Aligning industry data with unique portfolio characteristics

Impact analysis, agile model development and ensuring operational efficiency

Validating CECL models: What should be included?

Benchmarking against IFRS 9 post implementation lessons learnt

Practices to move from validation and parallel runs to final implementation

Avoiding duplications in audit requirements

Determining portfolio sensitivity to macro assumptions and effective portfolio segmentation

Application of qualitative overlays and governance processes

Aligning stress testing, capital planning and CECL for a unified approach

Recalibrating models after parallel runs to align with reasonable expectations

Hear from 20+ CECL thought leaders including:

Brooks Brady

Brooks Brady
Director of Credit Analytics and ACL
Zions Bancorporation

Dan Hong

Daniel Hong
VP, CECL Wholesale Credit Implementation Lead

Steve wo tie copy

Stephen Hsu,
SVP, Head of Model Risk Management
Pacific Western Bank 

Katie hysenbegasi

Katie Hysenbegasi
Managing Director
BNY Mellon


Jennifer Matney
SVP, Director of Operational Risk Management
UMB Financial

Julio Rivera

Julio Rivera
VP, Director of CCAR, CECL and Stress Testing Model Implementation, Production and Reporting
US Bank

Alexey Smurov

Alexey Smurov
SVP, Balance Sheet Management and Analytics

Nav Vaidhyanathan

Nav Vaidhyanathan
Group VP, Head of Model Validation and Governance
M&T Bank

4th Edition CECL 2019

March 27-28, 2019 | New York City


Please check the website frequently as new presenters and panelists are to be added shortly

08:15 Registration and breakfast

08:50 Chair’s opening remarks


9:00 Initial impact analysis: How to successfully action a parallel run and action on decomposing impact

  • Impact analysis results
    • Harmonizing regulatory capital
    • Buffering pro cyclicality
  • Differences between incurred and expected loss results
  • Variations across different lines of business and product lines
  • Attribution analysis: What variation can be attributed to macro assumption change
  • Quantitative assessment at component level
  • How do the numbers compare to existing ALLL?

Julio Rivera, VP, Director of CCAR, CECL and Stress Testing Model Implementation Production and Reporting, US Bank
Daniel Hong, VP, CECL Wholesale Credit Implementation Lead, HSBC
Brooks Brady, Director of Credit Analytics and ACL, Zions Bancorporation

9:50 Model risk management in CECL  

  • Testing the models for CECL use
  • Evaluating CECL assumptions
  • Qualitative adjustments and their dependency on model limitations
  • Governance

Nav Vaidhyanathan, Group VP, Head of Model Validation and Governance, M&T Bank

10:30 Morning refreshment break and networking


11:00 Managing increased sensitivity to macros assumptions across loss forecast models

  • Determining percentile for scenario along the curve
  • Non-linearity considerations
  • Designing scenarios with baseline changes
    • Recalibrating scenarios and tracking sensitivity
  • Justifying assumptions and percentile choices
  • Sensitivity analysis back to macro scenario routine

Chris Varvares, Vice President and co-head of US Economics, Macroeconomic Advisers, IHS Markit


11:40 Moving from parallel runs to final implementation and managing day one volatility

  • Implementing final CECL models into systems
  • Successful SOX compliance implementation
  • Building a repeatable process
    • Matching numbers for audit and regulatory reviews

Session reserved for Wolters Kluwer

12:20 Lunch break and networking


1:20 Validation of CECL models: What needs to be validated?

  • Stages of validation prior to implementation
  • Validating qualitative overlays
  • External and internal use of data
  • Third party vendor and feeder models
  • Model governance
  • Monitoring performance on incurred but unrealised losses
  • CECL forecast: differences to forecast vs. reality
  • True performance monitoring

Michael Jacobs, Lead Quantitative Analytics and Modeling Expert, PNC
Jennifer Matney, SVP, Director of Operational Risk Management, UMB Financial


2:40 Benchmarking against IFRS 9 implementation and leveraging lessons learnt

  • IFRS 9 implementation case study
  • Continued evolution
  • Refining methodology and processes
  • Phases across parallel run and approaches
  • Achieving optimal stage
  • Evolving and refining processes
  • Creating manual workarounds on post implementation issues
  • Parallel run check list: what to look out for
  • Identifying unknown unknowns
  • Lessons learned to date

Katie Hysenbegasi, Managing Director, BNY Mellon
Nick Tornabene, Director of Quantitative Risk Management for CECL and Stress Testing, USAA

3:30 Afternoon refreshment break and networking

4:00 Understanding the potential impact of changes to reserves on regulatory capital

  • Reserve calculations increasing at downturn
  • Procyclicality of reserves and results
  • SEC support for changes to regulatory capital

Michael Fadil, EVP, CECL Program Executive Sponsor, Citizens Bank


4:40 Application and alignment of industry/vendor data to unique portfolio characteristics

  • Application to firms with good credit across portfolios
  • Using representative historical loss events or scenarios
  • Matching credit profiles from vendor data to portfolios
    • Justifying historical loss information
  • Justification or rationale for adjustments to align data

5:20 Managing audit requirements and expectation to minimize duplication of efforts with auditors and regulators

  • What might be included in an audit program
  • Planning for 2019 parallel runs
  • Minimizing duplication of efforts with internal and external audit and regulators
  • Building a targeted plan for 2019
    • Aligning with individual organization approach
  • Concepts and thought processes to apply

Matthew Clohessy, SVP, Audit Manager, Keybank

6:00 Chair’s closing remarks

6:10 End of day one and drinks reception

08:15 Registration and breakfast

08:50 Chair’s opening remarks


9:00 Bringing it all together: Aligning stress testing, capital planning and CECL

  • Using one model inventory
  • Calibrating all models
  • Interpreting results and using for capital planning
  • Avoiding doing each in isolation
  • Developing into one cohesive process
  • Optimizing operational capabilities
  • Managing risk properly

Stephen Hsu, SVP, Head of Model Risk Management, Pacific Western Bank
Jennifer Matney, SVP, Director of Operational Risk Management, UMB Financial
Alexey Smurov, SVP, Balance Sheet Management and Analytics,  PNC

9:50 Mitigating against downstream impacts of CECL output to an organization and business lines

  • Impact on product offering
  • Increased reserve for certain products
    • Reviewing business model and pricing of products
  • Impact on profit and loss for business lines
  • Taking action on numbers produced
  • Changes to strategy mobbing forward
  • Impact on profitability of lending certain products

10:30 Morning refreshment breaks and networking

11:00 Approaches to preparing for day one disruptions and volatility

  • Why will CECL be more cyclical than current allowance practices?
  • How to prepare stakeholders for more volatility, more cyclical earnings, and different reserve ratios
  • Is smoothing earnings an acceptable objective under CECL?
  • Is it permissible to over-reserve on day one to take advantage of the capital phase-in?

Brooks Brady, Director of Credit Analytics and ACL, Zions Bancorporation

11:40 Current status of CECL accounting standard including delay requests and congressional and regulatory activities.

  • What to expect from examiners this year
  • Opinion papers from transition resource group
  • FASB oversight and independence
  • Modifications to standard since 2018
  • FASB letter to delay/adjust recognition on income statement

Rick Martin, Product Manager, Financial & Risk Management Solutions, Fiserv

12:20 Lunch break and networking

1:20 Crafting distinct messaging and disclosure to markets to explain output and justify assumptions: How early and what to disclose?

  • Quarterly disclosure statement
  • Disclosure on macro scenarios
  • Industry best practice for disclosure requirements
    • How much is too much or too little?
  • Developing disclosure templates
    • Determining common taxonomy and numbers
  • Disclosure impact on perception and messaging to market
  • Level of granularity for messaging
  • Competitive considerations
  • Incorporating message into transition report, management discussions and annual reports

2:00 Recalibration of CECL models after initial validation reports and parallel runs to align results

  • Fixing issues arising from parallel runs
    • Identifying areas validation didn’t pick up on
  • Performance of models during parallel runs
  • Calibrating initial model results
  • Aligning model outputs with reasonable expectations
  • Aggregate results of model output
    • How components work together in aggregate process
    • Back validation of the entire process
  • Using qualitative overlays to manage volatility
  • Tweaking and recalibrating forward looking models

Elizae Dalvi, VP, Model Risk Management, Bank United

2:40 Ensuring operational efficiency and effectiveness to produce consistent results

  • Achieving production of results
  • Efficiency during parallel run to drive to end state
  • Interpretation and approach across institutions
  • Testing operational processes for functional reassurance
  • Getting numbers into a well controlled source system
  • Working with IT to implement models, rules and reporting codes
  • Documenting assumptions during implementation process

3:20 Afternoon refreshment break and networking

3:50 Applying qualitative overlays that are transparent, robust and repeatable

  • Review of overlay considerations
  • Non-linearity and multiple scenario considerations
  • Developing models that are more forward looking than your CCAR models
  • Leveraging your early warning framework to make decisions on qualitative overlays
  • Modeling recession likelihood and anticipating inflection points in the economy
    • o Adjusting historical mean and justifying
  • Governance process on qualitative overlays

Stevan Maglic, SVP, Head of Quantitative Analytics, Regions Bank

4:30 Effective portfolio segmentation to manage sensitivity and effects on calculations and forecasts

  • Calculating the mean on historical loss information
  • Calculating at aggregate vs. segment level
  • Level of granularity and market approach
  • Explaining differences in numbers
    • Justifying loss information as reasonable and supportable and defending segmentation
  • Determining cut offs and justifying average
  • Sensitivity of estimates to portfolio segmentation
  • Determining segmentation variables
  • Defending rationale in computing historical loss outreach

Xin Yu, Credit Risk Officer, Raymond James Bank
Nick Tornabene,
Director of Quantitative Risk Management for CECL and Stress Testing, USAA

5:20 Chair’s closing remarks

5:30 End of Congress

Please note, this agenda may be subject to change.

4th Edition CECL 2019

March 27-28, 2019 | New York City


Please check the website frequently as new presenters and panelists are to be added shortly

blank man
Ashish Aggarwal, SVP, Head of Risk Modeling and Analytics, Northern Trust

Ashish will be speaking at CECL 2019

Brooks Brady
Brooks Brady, Director of Credit Analytics and ACL, Zions Bancorporation

Brooks Brady heads the Credit Risk Analytics group, at Zions Bancorporation. In this role, Brooks manages a team of quantitative analysts, report writers, and credit administrators who manage the quarterly ALLL process, build models and other tools to estimate credit losses, support sound lending decisions, and identify emerging trends across Zions’s wholesale and retail credit portfolios.

Brooks has 20 years of experience in credit risk management, having also worked for Standard & Poor’s, American Express, and KPMG. Brooks holds a master’s degree in Finance from New York University and a bachelor’s degree in Mathematics from the University of Utah.

Clohessy Headshot
Matthew Clohessy, SVP, Audit Manager, Keybank

Matthew Clohessy is an Audit Manager, Senior Vice President with KeyBank’s Credit Risk Review Division. Matt has 10 years of experience as an Internal Auditor with regional financial institutions and three and a half years of experience as a Systems Administrator outside of the financial services industry.

Matt specializes in leading cross-discipline reviews and has a wide range of experience, most notably in evaluating internal controls over Allowance for Loan and Lease Losses (ALLL), commercial lending operations and credit risk governance (Middle Market, Business Banking, CRE, Leasing, Asset Based Lending), indirect auto lending, electronic banking delivery channels, GLBA Compliance, back office operations, and depository and lending regulatory compliance.

Matt is also as an adjunct professor in Canisius College’s Accounting program.

He is a member and former chairman of the New York State Society of CPA’s (NYSSCPA) Technology Assurance Committee and a member of the NYSSCPA’s Banking Committee.  Matt is a Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA) and is RMA Credit Risk Certified (CRC).

Matt graduated cum laude from Canisius College with dual Bachelor of Science degrees in Accounting and Accounting Information Systems and has a Master’s in Business Administration from Canisius College.

Elizae Dalvi headshot
Elizae Dalvi, VP, Model Risk Management, Bank United

Elizae Dalvi is VP Model Risk Management at BankUnited.  Based in Miami, she was instrumental in developing the Model Risk Framework and is responsible for managing all aspects of model risk including model validations, ongoing monitoring, governance, policies, and controls. She has experience in a range of models covering DFAST, ALLL/CECL, credit risk, market risk, pricing, residential mortgage, and commercial real estate.

Elizae has a strong technical background in quantitative modeling, statistical analysis, and computer programming. She holds two Master of Science degrees: the first in Computer Science from the University of Cincinnati and the latter in Financial Mathematics from the University of Chicago.

Mike Fadil
Michael Fadil, EVP, CECL Program Executive Sponsor, Citizens Bank

Michael has almost 30 years of experience primarily in commercial banking credit risk management but he has also worked in the security broker-dealer business, pension consulting, and risk consulting and investment advisory business. He joined the Commercial Credit Training program at Fleet Bank in 1989, before joining SunTrust Bank in Atlanta in 2006 where he spent 7 years overseeing the Risk Analytics team. Michael also worked as Senior Director of Business Development at Moody’s working on Stress Testing solutions for clients.  He joined Citizens Bank in 2013 overseeing the Risk Architecture Group for 2 ½ years before moving into the role of overseeing the bank’s CECL program in June 2016.

Dan Hong
Daniel Hong, VP, CECL Wholesale Credit Implementation Lead, HSBC

Dan Hong has over 16 years of experience in banking, specifically within Risk. Dan has led numerous programs within the regulatory compliance space including CECL, IFRS9, CCAR, Basel and EBA. Currently Dan is leading the wholesale credit risk implementation for CECL at HSBC. Dan has a BA and MBA from University of Maryland.

Steve wo tie copy
Stephen Hsu, SVP, Head of Model Risk Management, Pacific Western Bank 

Stephen Hsu is the SVP, Head of Model Risk Management for Pacific Western Bank. He has extensive experience in risk and capital management. In this role, Stephen oversees model risk management function in the Bank and leads the Bank’s model risk management strategy, initiative and practice including model governance, model risk appetite, model inventory, risk assessment, model validation, model risk reporting, etc.

Before joining Pacific Western Bank, Stephen was a Director in KPMG, leading model validations for CCAR/DFAST PPNR and credit loan loss models in top-tier US and global banks. Prior to KPMG, Stephen worked for MUFG in several roles, including Director of Economic Capital Group, AMA Operational Risk Management Group, etc. Prior to MUFG, Stephen was a VP for Bank of America in Capital Portfolio and Risk Analysis Group. Stephen holds his PhD in Economics from University of California, Los Angeles.

Katie hysenbegasi
Katie Hysenbegasi, Managing Director, BNY Mellon 

Katie Hysenbegasi is a Managing Director and Head of Credit Risk Modelling group at the Bank of NY Mellon. In the current position, Katie is leading a team of 20 modellers/economists for Stress testing, CECL/IFSR9, and Basel III covering credit risk. In addition, she is responsible for the scenario design and macroeconomic factors forecasting. Katie joined BNY Mellon in January 2006 as a head of the credit risk modelling group.

During her career, she has served as Citigroup Vice President developing statistical models to support marketing and risk management. Katie also has taught for the Department of Economics at Baruch College, CUNY, as an adjunct assistant professor and lecturer.

Katie obtained an MFE from Baruch College of CUNY; an M.A. degree in Economics and a Ph.D. in Applied Economics from WMU 2001.

Michael Jacobs, Lead Quantitative Analytics and Modeling Expert, PNC

Mike is a lead model development and analytics expert across a range of risk and product types, having a focus on wholesale credit risk methodology, regulatory solutions and model validation. Mike has 25 years of experience in financial risk modeling and analytics, having worked 5 years at Accenture and Big 4 consulting as a Director in the risk modeling and analytics practice, with a focus on regulatory solutions; 7 years as a Senior Economist and Lead Modeling Expert at the OCC, focusing on ERM and Model Risk; and 8 years in banking as a Senior Vice-President at JPMC and SMBC, developing wholesale credit risk and economic capital models.  Skills include model development & validation for CCAR, PPNR, CECL, credit / market / operational risk; Basel and ICAAP; model risk management; financial regulation; advanced statistical and optimization methodologies. Mike holds a doctorate in Mathematical Finance from the City University of New York – Zicklin School of Business and is a Chartered Financial Analyst.

Stevan Maglic
Stevan Maglic, SVP, Head of Quantitative Analytics, Regions Bank

Steve is Senior Vice President and head of Quantitative Risk Analytics at Regions Bank, where his current responsibilities focus on quantitative aspects of forecasting and stress testing, risk ratings, valuation, reserve methodologies, economic capital, portfolio construction, credit strategy and credit portfolio management.  Steve has 20 years of industry experience in quantitative modelling and risk management and has prior experience building portfolio management and analytics infrastructure at Merrill Lynch, Bank of Montreal and ABN AMRO.  Steve has a Ph.D. in applied physics from Northwestern University, a B.S. in physics from University of Colorado in Boulder, and has held Series 7 and Series 63 certifications.

Rick Martin
Rick Martin, Product Manager, Financial & Risk Management Solutions, Fiserv

Rick Martin has over twenty years’ experience in Banking and Financial Technology. Prior to joining Fiserv, he worked at SouthTrust Bank and Bank of America and holds degrees in both Accounting and Finance from the University of Georgia. Rick is a Georgia Certified Public Accountant (CPA) and owned and operated a small public accounting firm for over six years. He is also a founder and current board member of City of Brookhaven, Georgia Chamber of Commerce.

Jennifer Matney, SVP, Director of Operational Risk Management, UMB Financial

Jennifer received her Bachelor’s in Finance and Business Management from Missouri Western State University, her Master’s of Economics from the University of Missouri – KC, and has all but her dissertation complete on a PhD in Economics also from UMKC. She started her career at the Federal Reserve Bank of Kansas City and held several analyst up to executive management roles in Finance throughout the past 15+ years. In 2015 Jennifer started at UMB as the Director of Model Risk Management to create and operationalize the Model Risk Management program. For the past year all models are now validated internally by her team. In late 2017 she acquired additional responsibilities over all of Operational Risk Management to include model risk, third party risk, insurance, CPM, and loss reporting.

Julio Rivera
Julio Rivera, VP, Director of CCAR, CECL and Stress Testing Model Implementation, Production and Reporting, US Bank

Julio is Vice President and head of CECL and CCAR Model Implementation and Production at US Bancorp since 2016, where he manages implementation, production execution, performance monitoring and reporting of credit risk models, stress testing, CCAR/DFAST and CECL models.  With 15 years’ experience in building, implementing, validating and monitoring behavioral models using advanced econometric techniques, focused on Allowance, CCAR, Stress testing, IFRS9, CECL, Credit Risk for Commercial and Retail products.

He is an experienced manager with leadership and communication skills to drive highly visible projects and new initiatives that includes interacting with Senior Management, internal areas, external and internal auditors and regulators.

He is currently involved in the design, implementation and development of the CCAR and CECL models and integration with the reporting tools. He has led successfully several Model Development, Model Implementation, Model Monitoring and Model Validation projects.

Prior to working at U.S. Bancorp, Julio was CECL/IFRS9 Solution Management Lead in the Risk Research and Quantitative Solutions Division at SAS. Prior to SAS, Julio was Vice President of Model Risk Management/ Model Validation at TCF Bank. He also held other management positions at Ally Bank and General Motors Acceptance Corporation in the areas of Model Validation, Model Development, Model Implementation and Credit Risk.

Alexey Smurov
Alexey Smurov, SVP, Balance Sheet Management and Analytics, PNC

Alexey Smurov has over 15 years of experience in the financial services industry and is a frequent speaker at industry conferences. He currently serves as a Senior Vice President at PNC Bank, where his group is responsible for development of Mortgage and Home Equity models for the purposes of stress testing (CCAR/DFAST), financial reporting (CECL) and regulatory capital (Basel). Prior to that, Alexey spent 6 years at Capital One as a Senior Director and Head of Capital Model Validation in the areas of Credit, Counterparty, Operational and Market risk. He also worked as a Director or Credit Analytics at Fannie Mae and taught finance and economics at George Washington University and the University of Georgia. Dr. Smurov earned a PhD in Economics from the University of Georgia. He also holds the Chartered Financial Analyst (CFA), Financial Risk Manager (FRM), Energy Risk Professional (ERP) and Professional Risk Manager (PRM) designations.

Nick Tornabene - from linkedin
Nick Tornabene, Director of Quantitative Risk Management for CECL and Stress Testing, USAA

Nick will be speaking at CECL 2019

Nav Vaidhyanathan
Nav Vaidhyanathan, Group VP, Head of Model Risk, M&T Bank

Mr. Vaidhyanathan has over twelve years of experience working in the area of modelling, analytics, and risk management in financial services. Nav Vaidhyanathan is the Head of Model Validation and Governance at M&T Bank, where he is responsible for providing model risk oversight for all models across the enterprise. Mr. Vaidhyanathan joined M&T in 2015.

Prior to M&T, Mr. Vaidhyanathan was the Head of Model Risk Management at Wintrust Financial Corporation, where he built the Model Risk function from ground up, including setting up the governance structure, writing the policies and procedures, and hiring and training the team. Prior to Wintrust, Mr. Vaidhyanathan worked at Northern Trust and Discover Financial Services. He has been involved in stress testing at four different institutions – leading model building and validation efforts.

Mr. Vaidhyanathan earned an MS in Civil Engineering as well as and MS in Electrical and Computer Engineering, and an MBA from Purdue University. He has a BS in Engineering from Indian Institute of Technology Kanpur (IIT Kanpur).

Chris Varvares, Vice President and co-head of US Economics, Macroeconomic Advisers, IHS Markit

Mr. Varvares co-founded Macroeconomic Advisers, which was acquired by IHS Markit in 2017. He has over 35 years of experience in macroeconomic forecasting and policy analysis, both as a principal of Macroeconomic Advisers and as a member of the staff of the President’s Council of Economic Advisers (1981-1982); he served as a member of the US delegation to the OECD in April 1982. He and the other principals of Macroeconomic Advisers serve as consultants to key agencies of the US and foreign governments, major trade associations, and private corporations, and are widely quoted in the business and financial media. The firm is widely recognized as among the most accurate forecasters of the US economy. Mr. Varvares is a recent past president and a former director of the National Association for Business Economics (NABE). He served as president of the NABE Gateway chapter in St. Louis, and is a member of the American Economic Association. He serves as a member of the New York State Economic and Revenue Advisory Board and has participated in the meetings of the Outside Consultants to the CBO, has been a panelist for the World Economic Forum, and he sits on advisory boards for the Olin Business School at Washington University and the Walker School of Business and Technology at Webster University. Mr. Varvares holds a Bachelor of Arts in Economics from The George Washington University and received his graduate training (ABD) in Economics from Washington University in St. Louis, where he was also a member of the adjunct faculty in both the economics department and the Olin School of Business.

20170720_075450-01 copy
Venkat Veeramani, SVP, Head of Risk Strategy and Analytics, Wintrust Financial 

Venkat is currently SVP Risk Strategy and Analytics at Wintrust Financial Corporation. He is an accomplished enterprise-wide analytics thought leader and a subject matter expert on enterprise risk management life-cycle. He has successfully led several high visibility risk, finance, operations and marketing analytical initiatives at multinational and midsize financial institutions. He is a published author and frequent speaker on topics related to game theory, risk & financial analytics and creation of data-driven business intelligence. He has previously worked at Morgan Stanley, Discover Financial Services and HSBC.

Xin Yu - from linkedin
Xin Yu, Credit Risk Officer, Raymond James Bank

Xin Yu is a Credit Risk Officer at Raymond James, who is responsible for managing all the aspects of CECL Risk Analytics and implementation. He has over 10 years’ experience in risk management, ALLL, financial risk modelling, and risk control and monitoring. Prior to Raymond James, he was a Manager at KPMG Advisory and Lead Modelling Analyst at GE Capital, where he has led many programs in risk modelling and model risk management for CCAR, Basel, and ALLL.

He earned his PhD and Masters in Engineering from University of Hawaii at Manoa. He is pursuing a Master degree in Management at Harvard. He is also a CFA Charterholder and a member of NYSSA and CFA Institute. He is also a research committee member of National Research Council in Washington DC.

4th Edition CECL 2019

March 27-28, 2019 | New York City


14th January 2019

Validation of CECL models: What needs to be validated?

By Jennifer Matney, SVP, Director of Operational Risk Management, UMB Financial
14th January 2019

Current Expected Credit Loss (CECL) Performance Assessment

By Xiaoling (Sean) Yu, SVP, Director of Model Validation, KeyBank
2nd January 2019

Bringing it all together: Aligning stress testing, capital planning and CECL

By Stephen Hsu, SVP, Head of Model Risk Management, Pacific Western Bank
11th December 2018

Center for Financial Professionals announces new FinTech Research and Advisory Board

Senior practitioners across the financial services industry join FinTech Advisory Board for the Global FinTech 250 Report set to be released at the X-Tech 2019 Convention […]
8th November 2018

Don’t let your CECL road map turn into a CECL roadblock

By Jeff Prelle, Head of Risk Modeling, Situs
29th October 2018

Developing a Holistic and Transparent Critical Spreadsheet Evaluation Process for Stress Testing

By Diane Robinette, President and CEO, Incisive Software Corporation & Janine Jakubauskas, Financial Regulatory Manager, Signature Bank
26th October 2018

Forward economic guidance in CECL and impact on CCAR

By Prasoon Saurabh, Head of Scenarios and PPNR Modelling, HSBC
19th October 2018

FICO Decisions: Which one will you choose?

15th October 2018

Risk Webinar: Stress testing for competitive advantage beyond regulatory compliance

15th October 2018

Stress Testing – Holistic firmwide risk assessment

By Fabrice Fiol, Managing Director, Societe Generale
12th October 2018

Preparing for 2019 parallel runs and producing results for review ahead of finalization

By Preparing for 2019 parallel runs and producing results for review ahead of finalization
11th October 2018

Incorporating CECL into accounting practices and understanding impact on reports

By Will Newcomer, VP, Business Development & Strategy, Wolters Kluwer
11th October 2018

Current challenges in reporting and disclosures for CECL

By Lauren Smith , Director of Accounting Policy and Research , SS&C
8th October 2018

Loan default analysis: A CECL case study and beyond

By Guo Chen, PhD, Director, Quantitative Research, ZM Financial Systems
5th October 2018

Stress Testing – Aligning with regulatory expectations while meeting business needs to ensure relevant outcomes

By Jian Hu, Executive Director, Risk Analytics, Morgan Stanley

FREE Risk Webinar

CECL: Are you up to date?

Taking place on February 12 2019, 11:00am (ET)

Key topics addressed include:

Shifting models into production
Parallel run
CECL reserve levels and business impact
Capital treatment and pro-cyclicality

Can’t make the live webinar? No problem, still register as all registrants will receive a full recording of the webinar.

Led by…

Stevan Maglic

Stevan Maglic
SVP, Head of Quantitative Analytics
Regions Bank

Dan Hong

Daniel Hong
VP, CECL Wholesale Credit Implementation Lead

4th Edition CECL 2019

March 27-28, 2019 | New York City


Please contact the Center for Financial Professionals today to discuss how we can deliver your thought-leadership at the event, help you generate leads, and provide you with unique networking and branding opportunities.

Download our sponsorship package for an outline of what we can offer, but please contact sales@cefpro.com or call us on +1 888 677 7007 where a member of the team will be happy to tailor the right package for you.

How can your organization benefit from a CeFPro partnership?

2019 Sponsors


Fiserv is driving innovation in Payments, Processing Services, Risk & Compliance, Customer & Channel Management and Insights & Optimization. We’re helping more than 12,000 clients worldwide create and deliver experiences for a digital world that’s always on. Solutions that enable today’s consumer to move and manage money with ease, speed and convenience. At the point of thought. Visit www.fiserv.com to learn more.

IHS Markit

IHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. We deliver next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions.


Protiviti is a global consulting firm that helps companies solve problems in finance, technology, operations, governance, risk and internal audit, and has served more than 60 percent of Fortune 1000® and 35 percent of Fortune Global 500® companies. Our dedicated professionals consider industry standards and leading practices as we work directly with your team to develop a custom solution that can accelerate your organization’s assessment, implementation and sustainability of CECL compliance, while gaining efficiencies throughout the process.

S&P Global Market Intelligence

At S&P Global Market Intelligence, we know that not all information is important—some of it is vital. Accurate, deep and insightful. We integrate financial and industry data, research and news into tools that help track performance, generate alpha, identify investment ideas, understand competitive and industry dynamics, perform valuations and assess credit risk. Investment professionals, government agencies, corporations and universities globally can gain the intelligence essential to making business and financial decisions with conviction.

S&P Global Market Intelligence a division of S&P Global (NYSE: SPGI), provides essential intelligence for individuals, companies and governments to make decisions with confidence. For more information, visit www.spglobal.com/marketintelligence.

Wolters Kluwer

Wolters Kluwer’s Finance Risk & Reporting business is a market leader in the provision of integrated finance, risk and regulatory compliance and reporting solutions, supporting regulated financial institutions in meeting their obligations to external regulators and their own board of directors.

Wolters Kluwer N.V. (AEX: WKL) is a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. Wolters Kluwer reported 2017 annual revenues of €4.4 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide.

2019 Media Partner:

Smart Money Match

4th Edition CECL 2019

March 27-28, 2019 | New York City



Crowne Plaza – Times Square
1605 Broadway
New York
NY 10019

Manhattan TImes Square V2

We have secured a $259++ accommodation rate for you to stay at the hotel.
To book please visit:  https://book.passkey.com/go/CFP7

Please note there is limited availability and we suggest you book your accommodation as soon as possible, this is also based on a first come first served basis with the rates and any remaining rooms expiring on March 05, 2019.

CPE Credits

Earn up to 15.5 CPE Credits

Prerequisites: Knowledge of financial risk management
Advanced Preparation: No advanced preparation is required
Program Level: Intermediate to advanced
Delivery Method: Group-live

The Center for Financial Professionals 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.learningmarket.org

Frequently Asked Questions

Can I present at the CECL 2019 Congress?

Yes, the Center for Financial Professionals are happy to discuss speaking opportunities at CECL 2018 Congress. For further information on this please contact alice.kelly@cefpro.com or call us on +1 888 677 7007.

Are there any rules on the dress code?

Business attire is requested. The Congress is a formal opportunity to network with like-minded professionals and to gain knowledge from the industry’s finest risk management experts.

What is the cost and what is included in the registration fee?

We offer incentives for ‘early bird’ registrants of the Congress, as outlined on our pricing structure. Registration includes breakfast, refreshment breaks, lunches, the cocktail reception at the end of the day, full access to the sessions and exhibition area. Presentations from sessions are also available, subject to speaker approval.

Where can I find the Congress documentation and speaker presentations?

All registered attendees will receive an email with access to documentation and speaker presentations after the Congress* We will work with our presenters to include as many presentations as possible on our Risk Insights App during the Congress. *Please note that our speakers often have to gain permission from their relevant compliance departments to release their presentations. On rare occasions compliance may not allow presentations to be distributed.

Will breakfast, lunch and refreshment be provided?

Yes. As with all of our events the Center for Financial Professionals will be providing brilliant coffee, breakfast, lunch, refreshments, and smaller bites during the networking breaks.

Will there be opportunities to network with other attendees?

There are ample opportunities for networking and interaction throughout the Congress, such as

  • Breakfast, lunch and refreshment breaks
  • Cocktail reception at the end of the day (Subject to confirmation)
  • Q&A, panel discussions and audience participation technology available through the Risk Insights App

I have several colleagues that would like to attend, is there a group discount?

Certainly! We are pleased to offer you a 50% discount on the third registration or provide a fifth registration for free. If you would like to register more than five colleagues please contact us on +1 888 677 7007 Please note:

  • Registrations must be made at the same time
  • Registrations must come from the organisation
  • The lowest registration will be discounted

Are there opportunities to share my thought-leadership at the CECL 2018 Congress?

Yes there are plenty of opportunities for the Center for Financial Professionals to share thought-leadership to the attendees of Payments Forum 2018 and our wider risk professionals community. At the event We can distribute your material to the attendees, offer you an exhibition booth, and provide speaking opportunities so that you may enjoy a more prominent presence at the Forum. Visit the Sponsor tab for further information or contact sales@cefpro.com / +44 (0) 207 164 6582. Risk Insights Feature your content on our Risk Insights website and supporting Risk Insights monthly newsletter. For further information please download our media pack here.

Are media partnerships available for CECL 2018 Congress?

Yes. As part of a media partnership we can offer a variety of options to increase the branding and awareness of your association, company, certificate, publication or media. We are flexible with what we can offer however we usually:

  • Provide a discounted rate to attend
  • Place your logo and profile on the Congress website
  • Place your logo on the Congress brochure
  • Place your logo on promotional content where applicable
  • Distribute your media/marketing at the Congress
  • Promote through social media channels

To discuss this further please contact jesse.hopkins@cefpro.com or call +1 888 677 7007

4th Edition CECL 2019

March 27-28, 2019 | New York City


Launch Special

Super Early Bird

Early Bird

Standard Rate

Representing a financial institution

(E.g. Bank, Insurance company, Asset Manager, Regulator)


Valid until
January 18


Valid until
February 15


Valid until
March 15


after March 15

Representing an information/service provider

(E.g. Consultant, Vendor, Executive Search Firm, Law Firm)


Valid until February 15


after February 15

Group Bookings – 3rd Person Half Price:

Group rates are available for 3 or more attendees from the same organisation, when registering at the same time. The current rate allows every third colleague to come along for half price or the fifth person to attend for FREE! Should you have any questions regarding registering, please contact the Center for Financial Professionals, please contact us on +44 (0)20 7164 6582 (UK) or email sophie.goodeve@cefpro.com

Other ways to register

1. Register by Email

1. Contact Us Directly

1. Download PDF Registration Form

Simply email us with your e-signature – and we will do the rest for you!

We only need your:
– Full name
– Job title
– Company & address
– Contact number

+44 (0)20 7164 6582 (UK)
+1 888 677 7007 (US)

2019 Sponsors

S&P Global Market Intelligence Logo

Connect With Us | #CECL2019

TwitterLinkedInFacebookYouTubephone icon 50px

CECL: Are you up to date?
Taking place on February 12 2019, 11:00am (ET)

Led by Regions Bank and HSBC

Click Here To Register