CECL 2018

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2nd Edition CECL 2018 Congress| March 21-22 | New York City

Taking place at the New York Marriott Downtown, 85 West St, New York, NY 10006, USA
Limited seats remaining
Register now


CECL Bootcamp – Steps, Data and Methodology


The Masterclass, held on March 20, will be led by four Senior Risk Professionals from the Risk Advisory practice of FIS

MAIN CONGRESS: March 21-22

After the 1st Edition sold out, the 2nd Edition CECL Congress looks to provide both an update on progress made towards final CECL implementation, and review the potential impacts thereafter. CECL continues to shake up the industry and divide opinion on interpretation and implementation variations and strategies. This intense and informative two-day Congress will bring financial institutions together to outline options, share methodologies and interpretations to align strategies and ultimately outcomes.

So, join us at the New York Marriott Downtown to network with like-minded peers from global institutions through to community banks. Join interactive panel discussions, insightful presentations and extensive networking opportunities to move thinking from implementation options, through to CECL post event impacts.


Key Topics include


Productionizing the process and reviewing system requirements


Considerations for model choices and implications after go-live


Increased documentation for stakeholder messaging 


Shaping the picture for economic scenarios and bringing data practices in line with requirements


The regulators perspective from three leading regulatory bodies


Reviewing variations in interpretation for reasonable and supportable period


Reviewing the impact on assets and treatment of debt and loan forecasting


Comprehensive analytical architecture to provide a holistic view 

Hear from FASB, FDIC, OCC and Federal Reserve Bank o f St.Louis.


Hal Schroeder 

Board Member


Sherrer_Larry_square copy

Larry Sherrer

Senior Examiner, Banking Supervision and Regulation Division, Risk Methodology US

Federal Reserve Bank of St. Louis


Sibel Sirakaya Ph. D

Quantitative Risk Specialist



Natalya Schenck

Financial Economist


Plus hear from more than 20 senior credit, analytics and modeling professionals including:
Jacob k

Jacob Kosoff 

Head of Model Risk Management & Validation

Regions Bank


Guoning Yang

Director, Quant Analytics

Fifth Third Bank


Alexandra Hansis

ED, Risk Methodology US


Jennifer Matey

Jennifer Matney

SVP/Director of Operational Risk Management

UMB Financial

CECL Bootcamp – Steps, Data and Methodology

MARCH 20, 2018



08:00 – Registration & morning coffee

08:45 – Welcome and workshop overview

09:00 – Considerations for CECL framework

  • CECL overview
  • Regulatory guidance
  • Building blocks

09:30 – Developing a CECL action plan

  • Identifying roles and responsibilities of business leaders and risk managers
  • How to go about planning a smooth roll-out
  • Model risk management policies and governance

10:00 – Morning refreshment break & networking

10:15 – Risk management tools & framework to build CECL

  • Evaluating a bank’s current risk management tools
  • Key components to leverage and align

10:45 – Data required to build and operate a robust CECL framework

  • Data required for CECL
  • Mandatory/recommended/ideal data framework
  • Data resources and action plans for different levels of available internal loss data

12:00 – Lunch break & networking

12:45 – CECL approaches methodologies – 1

  • Loan-level vs. pooling
  • Defining portfolio segmentation
  • Commonly prescribed CECL approaches: Loss rate, migration matrix, Vintage analysis, discounted cash flows.
  • Workout examples – Inputs/interim results/output for a few sample methods

2:30 Afternoon refreshment break & networking

2:45 – CECL approaches and methodologies – 2

  • PD/LGD forecasting
  • Leveraging DFAST models
  • Term structure and vintage overlays
  • Mean reverting economic forecasts vs. losses
  • Workout examples – Inputs/interim results/output for a few sample methods

4:00 – Practitioner’s session, Q&A and open discussion

The Masterclass will be led by four Senior Risk Professionals from Risk Advisory practice of FIS

Prashant Dinodia

Director, Risk Advisory


About Prashant Dinodia

Prashant is currently a Director with the Risk Advisory practice of FIS, based in New York. He leads the team, which provides risk management consulting services – focused on risk rating scorecards, model validation, DFAST/CCAR, and CECL. Prashant has over a decade of professional working experience in area of risk management. He is a regular speaker at FIS thought leadership seminars in the region. Prashant has authored several white papers, covering areas like DFAST, Liquidity Risk, FTP, and CECL. A certified FRM and Chartered Accountant, Prashant holds an MBA (Finance).


Ryan Hoffman

Senior Consultant


About Ryan Hoffman

Ryan Hoffman is a senior consultant with FIS’s risk management advisory practice where he supports the group’s mission to help banks improve their risk-reward profile through sound risk management principles, analytics, and modeling.  Ryan specializes in building econometric models for DFAST compliance – both credit loss and balance sheet forecasting models. In addition, Ryan has assisted banks in building credit risk rating frameworks and conducting data gap analyses. His experience also extends to model validation, economic capital, and enterprise-wide risk management.


Bond Caldaro

Senior Risk Consultant


About Bond Caldaro

Bond Caldaro serves as a Senior Consultant for FIS’ Risk Advisory practice.  In this role, Bond has been responsible for leading project teams to address the risk management needs for both community banks and large US Bank Holding Companies. Bond has contributed to the development of models for stressed loss-given-default, loan production, as well as the CECL model framework used by FIS’ Risk Advisory group. The projects Bond has completed include creating DFAST credit-loss models, risk-rating scorecards, developing model overlays, and reforming standards for governance and documentation content. Bond enjoys problem solving, and is dedicated to engaging clients with valuable insights gained using mathematical analysis to inform sound risk-management decisions. Bond earned a BA in Mathematics and Physics at Skidmore College, a Master’s degree from University of Minnesota in Mathematics, focusing on Representation Theory, and a Master’s degree from NYU in Mathematics Education.

Guest speaker:

Ty Lambert


Bancorp South

About Ty Lambert

Mr. Lambert joined BancorpSouth in 2006 and has served in a variety of roles including portfolio management, asset-liability management, investor relations, and model development/systems integration. His team is currently responsible for asset-liability management, liquidity risk management, and capital stress testing. In addition, Mr. Lambert plays an active role in strategic planning with respect to corporate budgeting and capital deployment. He has been a featured speaker at stress testing conferences and has served on American Banker’s Advisory Board for Stress Testing. Prior to joining BancorpSouth, Mr. Lambert was a portfolio manager for retail clients. He received his bachelor and MBA degrees from Mississippi State University and the University of Mississippi, respectively.

Early Bird (Register by March 9) Standard Rate (Registrations after March 9)
Pre-event Masterclass | March 20


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Pre-event Masterclass and Main CECL 2018 | March 20-22


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Day One | March 21 | New York City

08:00 Registration & morning coffee and breakfast

08:40 Chair’s opening remarks
John Lankenau, SVP, Product and Operations, SS&C Primatics

08:50 10 Things about CECL that make me go “hmmmm…”

  • Losses on unfunded commitments
  • Reasonable and Supportable
  • Performance Monitoring
  • Discounted Cash Flows
  • Pro-cyclicality
  • And more….

Michael Fadil, EVP, CECL Program Director, Citizens Bank

09:20 CECL quantitative impact analysis: How would CECL have performed during the Great Recession?

  • Great Recession Retrospective…
  • A comparative analysis of CECL with perfect knowledge
  • Impact on provision expense, ALLL, earnings, capital and key stakeholders
  • The Forecast…What did we know and when did we know it?

Larry Sorensen, CFO, Washington Trust Bank

09:50 Mock analyst earnings call: Reviewing preparedness- “EVERYWHERE, USA – March 31, 2020 – We Think We’re Ready Bank (EXCH: IDK) will release first quarter 2020 earnings on …”.

Join industry experts and analyst for a Mock Earnings Call for insights into questions your institution may face when the new CECL standard takes effect.

Led by: Will Newcomer, VP of Product & Strategy, U.S. Risk & Compliance, Wolters Kluwer
Michael Fadil, EVP, CECL Program Director, Citizens Bank
Richard Christopher Whalen, Chairman, Whalen Global Advisors LLC
Larry Sorensen, CFO, Washington Trust Bank
Steven Lindo, Principal, SRL Advisory Services
Ethan Heisler, President, The Bank Treasury Newsletter 

10:40 Morning refreshment break and networking


11:00 Utilizing existing infrastructure and credit-risk analytics for CECL

  • Use of loan-level data and interactions with scorecard models
  • Differences between stress testing and CECL, and how to align them
  • Using a common technology platform for ALM, DFAST, and CECL –pros and cons
  • Blueprint of a revamped infrastructure and analytics framework for CECL- BancorpSouth

Ty Lambert, SVP, Bancorp South
Bond Calaro, Senior Risk Consultant, FIS

11:35 Looking beyond CECL Compliance to create value-adding loss models

  • Loss modeling requirements for CECL and some of the primary approaches available to meet these requirements
  • Breadth and depth of the information that can be gleaned from CECL, including limitations from a compliance focus
  • Case study using US mortgages on solving for CECL and leveraging this work into broader portfolio management insights

Steve Wiggins, Director, Novantas
Don Kumka, Director, Novantas


12:10 CECL: Utilize the data and results for better integrated strategic analysis

  • Meeting FASB historical data requirements to calculate reserves
  • Integrating CECL as part of strategic planning and analysis  
  • Optimizing historical data to become more competitive and profitable
  • Aligning segmentation of loan pools for CECL
  • Incorporating into FTP analysis to provide accurate measures of contribution to net interest margin

Tom Caragher, Senior Product Manager, Fiserv

12:45 Lunch break and networking

1:35 Frameworks for model risk management and validation of CECL methodology for effective review and challenge

  • Benchmarking with peers
  • Limitations
  • Independent review and challenge

Michael ‘Mike’ R. Guglielmo, Managing Director, Darling Consulting Group
Sam Chen, Quantitative Consultant, Darling Consulting Group

2:10 Best practices in validating CECL models

Jacob Kosoff, Head of Model Risk Management & Validation, Regions Bank

2:45 Implementing a comprehensive analytical architecture to provide a holistic view of the business

  • Building a complete comprehensive platform: stress testing analytics, CECL, economic capital, loan portfolio valuations etc.
  • Allowing lines of business access to results to make business decisions
  • Firm wide solutions
  • Integrating into firm wide platform

Stevan Maglic, SVP, Risk Analytics, Regions Bank

3:20 Afternoon refreshment break and networking

3:50 The CECL vision: Path to building a robust framework & process for implementation – Proven, scalable, technology agnostic

  • Our unique data assets for CECL implementation
  • ECL modeling methodologies and solutions for different Product Type (Retail, Commercial, others)
    • Key Considerations for measuring ECL (expected credit loss)
    • Portfolio Segmentation considerations
  • Comprehensive Platform for CECL Implementation (Data Management, Modeling, Reporting)

Chip Messick, Managing Director, Risk & Regulatory Reporting, Argus
Udayan Dekhtawala, Associate Managing Director, Risk & Regulatory Reporting, Argus

4:25 Developing top down and bottom up approaches for an efficient and accurate CECL solution

  • Top down approach for macro-economic forecast:
      • Cycle progress, identifying macro-economic variables and combinations of multiple baseline scenarios
  • Bottom up approach for model calibration and implementation:
      • Market data to disseminate into segment forecast, identifying idiosyncratic risk with granular property data, loan data to calibrate default loss model and idiosyncratic risk of loan characteristics
  • Documentation and back testing: Statistical tests results, model risk control, calibration dataset vs. portfolio data

Xiaojing Li, Director, Quantitative Methods, CoStar


5:00 Considerations for CECL model approaches: New approaches vs. updating internal infrastructure

    • Approaches to forecast impaired losses
    • Cross disciplinary inputs
    • Are existing models scalable to future losses over a lifetime
    • IT systems and infrastructure
    • Preliminary results under each approach
    • How do approaches differ from stress testing
    • Reconciliation and explanation of differences

Alexandra Hansis, ED, Risk Analytics Capital and Stress, UBS
Jennifer Matney, SVP, Director of Operational Risk Management, UMB Financial Corp
Raj Kunwar, Director, Bank of America
Guoning Yang, Director, Quant Analytics, Fifth Third Bank

5:40 Chair’s closing remarks

5:50 End of day one and drinks reception

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Day Two | March 22 | New York City

08:00 Registration & morning coffee and breakfast

08:50 Chair’s opening remarks
Chip Messick, Managing Director, Risk & Regulatory Reporting, Argus


09:00 CECL from the regulators: A regulatory insight to the CECL requirements

Chaired by – Ty Lambert, SVP, Bancorp South
Hal Schroeder, Board Member, FASB
Sibel Sirakaya Ph. D, Quantitative Risk Specialist, FDIC
Larry Sherrer, Senior Examiner, Banking Supervision and Regulation Division, Federal Reserve Bank of St. Louis

09:40 Keep it Simple: Preparing Your CECL Model for a Parallel Run 

  • Key elements for a pilot CECL model
  • Review a work program for a pilot model development process
  • Modeling techniques for transitioning from incurred loss to CECL
  • Milestone activities for CECL implementation

Todd Pleune, Managing Director, Protiviti

10:15 Morning refreshment break and networking

10:45 CECL preparation for Internal Auditors and what clients can expect from their Internal Auditors

  • Defining a review strategy
  • Partnerships between the three lines of defense
  • Project management oversight and escalation
  • Control considerations
  • Demonstrating results to regulators and external auditors

Matt Clohessy, SVP, Audit Manager, Credit Risk Review, KeyBank

11:20 The high cost of inaccuracy: How models, data uncertainty, and private company ratings can lead to higher reserves under CECL

  • How less frequent or old financial disclosure from private companies adversely affects PD calculations
  • How financial ratings can address through the cycle and point in time default probabilities needs in accurate, scalable, reasonable and supportable ways.

James H. Gellert, CEO, RapidRatings

11:55 The CECL journey – Set a strong course for day 1 and beyond 

  • The road to compliance
  • Increasing efficiency and effectiveness of new loss allowance process
  • Attributes for successful CECL implementation
  • Creating a sustainable process to satisfy stakeholders

Samrah Kazmi, Advisory Industry Consultant, SAS

Larry Roadcap, Advisory Industry Consultant, SAS

12:30 Lunch break and networking

1:30 Maximizing your CECL modeling process using automated machine learning

  • Harnessing regulatory change as a strategic opportunity:
    • Innovating and aligning model development processes with forward looking operational and business priorities
    • New machine learning modeling approaches vs. updating existing internal infrastructure
    • Leveraging CCAR, DFAST, Basel models to fulfil CECL requirements and restructure stale modeling technology and processes
  • Introduction of automated machine learning and gaining competitive advantage
  • Optimizing and accelerating your model risk management framework for both model development and validation
  • Using technological advancement to automate necessary compliance processes

Seph Mard, Head of Model Validation, DataRobot

2:05 Current Regulatory Insight on CECL Methodology and Modeling

  • Informational Resources
  • Choosing appropriate methodology for CECL estimation
  • Model risk management for CECL
  • Use of third party vendor models

Natalya Schenck, Financial Economist, Enterprise Risk Analysis Division, OCC

2:40 Preparation for increased rigor of communication and documentation requirements under CECL: Balancing the value of results vs. documentation process

  • Explaining and defending model
  • Language across different groups
  • Documenting the process and methodology
  • Ensuring process is correct from the bottom up
  • Balancing results and documentation

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

3:15 Afternoon refreshment break and networking


3:45 Increasing efficiency in stress testing and CECL to leverage overlaps and manage outcomes

  • Governance
    • Transferring to CECL
    • Governance surrounding scenario build out
  • Forecasting for whole loan
  • Macroeconomic variables
  • Running independently or alongside CECL
  • Pros and cons for leveraging stress testing models
  • Nuances of modelling for stress loss vs. modelling for a base case scenario

Jennifer Matney, SVP, Director of Operational Risk Management, UMB Financial Corp
Guoning Yang, Director, Quant Analytics, Fifth Third Bank
Carsten Heiliger, SVP, Risk Identification & Stress Testing, SunTrust Bank
Michael Chen, Director, Financial Modeling, First Republic Bank


4:25 Develop effective forecasts that fulfil requirements by defining reasonable and supportable period and reversion to historical loss

  • Interpretation of standard – prescription vs discretion
  • Considerations in determining reasonable and supportable period
  • Differences in horizons and outcomes
  • Historical loss construction considerations
  • Judgement vs. statistical analysis
  • Reversion – immediate or gradual

Gopal “Sharath” Sharathchandra, Senior Vice President, PNC

5:00 Chair’s closing remarks and end of Congress

Eduardo Alves, Director Risk Services, S&P Global Market Intelligence

Eduardo Alves is an analytical team lead at S&P Global Market Intelligence’s Risk Services. He delivers risk management solutions for financial institutions of varying sizes and specialties, with a primary focus in the Americas region. Mr. Alves is results-focused and has an outstanding record of exceeding client objectives through high-quality and consistent applications in the areas of credit risk rating methodologies, internal risk rating systems design and validation, stress testing, and thought leadership.

Prior to S&P Global Market Intelligence, Mr. Alves held positions at Promontory Financial Group, Mizuho Bank, and the World Bank. While at Promontory, he supported bank holding companies in developing and enhancing comprehensive stress testing frameworks required under DFAST and CCAR; including risk identification, capital planning, drafting of policies and guidelines, and regulatory submission reviews. At Mizuho, he analyzed financial institutions and large corporates in support of commercial loan originations in Latin America. Moreover, he conducted economic research and statistical analysis for various World Bank publications – chiefly the World Development Report 2009.

A native of São Paulo, Brazil, Mr. Alves has extensive international exposure and acumen. He holds a Master of Science in Economics from the University of Essex (Colchester, England) and a Bachelor of Arts in International Affairs and Economics from The George Washington University (Washington, DC).

Bond Caldaro,  Senior Risk Consultant,  FIS

Bond Caldaro serves as a Senior Consultant for FIS’ Risk Advisory practice.  In this role, Bond has been responsible for leading project teams to address the risk management needs for both community banks and large US Bank Holding Companies. Bond has contributed to the development of models for stressed loss-given-default, loan production, and profit-margin forecasting, as well as the CECL model framework used by FIS’ Risk Advisory group. The projects Bond has completed include DFAST credit-loss models, creating risk-rating scorecards, developing model overlays, and reforming standards for governance and documentation content. Bond enjoys problem solving, and is dedicated to engaging clients with valuable insights gained using mathematical analysis to inform sound risk-management decisions.

Bond earned a BA in Mathematics and Physics at Skidmore College, a Master’s degree from University of Minnesota in Mathematics, focusing on Representation Theory, and a Master’s degree from NYU in Mathematics Education.

Tom Caragher
Tom Caragher, Sr. Product Manager,  Fiserv

Tom Caragher is the Product Manager for the risk products within the Financial & Risk Management Solutions (FRMS) division at Fiserv, Inc. (NASDAQ: FISV). He is responsible for the overall direction and strategy for the company’s asset liability and funds transfer pricing products.

Michael Chen, Director of CECL and Stress Testing Modelling,  First Republic Bank

Michael Chen is the Director of CECL and Stress Testing Modelling at First Republic Bank. He built a top-down model in a week (including documentation), had it validated and used in the 2015 DFAST submission. Later, he led teams to build a loan-level CRE model, a C&I model, a prepayment model, securities model etc. He is a core member in the bank’s CECL economic forecast design, model development, and model implementation. He is also a member of the Model Risk Management (MRM) Working Group with C-level management.

Before First Republic, he was the Director of Reserve and ALLL at MUFG Union Bank. He developed BASEL and stress test models, covering PD, LGD, EAD, LEQ, LEP, LBP, ALLL etc.

Before that, Michael spent 8+ years in a global investment firm. He developed a computerized suite (AI?) which built and optimized portfolios with total Asset under Management (AUM) of over $150 BN. Michael is an advocate of computer automation.

Michael held Ph.D. in Probabilistic Risk Assessment, minors in Finance and Computer Science, all from MIT. He is a CFA charterholder.

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Sam Chen, Quantitative Consultant, Darling Consulting Group

As a Quantitative Consultant at Darling Consulting Group, Sam validates a variety of risk models for financial institutions in the large bank space—including risk rating (PD/LGD), stress testing, allowance and deposit models—from both a statistical and business perspective. Sam combines his background in econometrics with his model building experience to bring practical model risk management insights to DCG’s validation clients.

Before arriving at DCG, Sam served as a senior consultant in FIS’s Risk & Performance group, where he developed models in multiple areas of financial risk, with a focus on credit and interest rate risk. Sam designed FIS’s Dodd-Frank Act stress testing model selection algorithm and has also created custom PD and LGD models, including a suite of models currently implemented at a top 15 U.S. bank.

Sam graduated cum laude with a bachelor’s degree in economics with mathematical applications from Princeton University. While at Princeton, he was the recipient of the John Glover Wilson Memorial Award for his thesis studying the economics of bargaining.

Clohessy Headshot
Matt Clohessy, CPA, CIA, CISA, CRC,  SVP, Audit Manager,  Key Bank

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.

Udayan Dekhtawala, Associate Managing Director, Risk and Regulatory Reporting, Argus

Udayan will be presenting at the forthcoming CECL 2018 Congress

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.

James Gellert 250
James H. Gellert, Chairman & CEO, RapidRatings

James H. Gellert is Chairman and CEO of RapidRatings, the leader in financial health analytics of public and private companies globally. Former Chief Compliance Officer at Howland Securities LLC, James is a career-long entrepreneur and financial markets professional, previously holding roles at international investment banks and a variety of technology companies.

James is a recognized international authority on rating agency regulatory evolution, having testified before both the Senate and House of Representatives on multiple occasions. He is a recurrent speaker at the SEC and in global media. In 2017, James received the Supply & Demand Chain Executive Pros-to-Know Award.

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Chip Messick, Managing Director, Risk and Regulatory Reporting, Argus

Chip will be presenting at the forthcoming CECL 2018 Congress

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Michael ‘Mike’ R. Guglielmo, Managing Director, Darling Consulting Group

With nearly 30 years of experience in strategic risk management, Mike Guglielmo provides technical and strategic consulting to a diverse group of financial institutions in the United States and abroad. Mike is also a frequent author and top-rated speaker on a variety of financial and operational risk management topics. During his tenure at DCG, Mike has served in various capacities, including director of financial analytics. In addition, he is a technical resource for the ongoing development of many of DCG’s quantitative and strategic risk management products and services. Prior to joining DCG, Mike managed the ALCO and strategic planning processes for a regional bank in the northeast. Mike is a graduate of Fairfield University with a degree in economics.

Alexandra Hansis, Executive Director, Risk Methodology US, UBS Americas Holdings LLC 

After a obtaining a M.Sc. in Mathematical Finance from the University of Southern California and a Ph. D. in Quantitative Finance from the Goethe University in Frankfurt (Germany), I joined UBS Group AG in Switzerland in the area of Credit Stress Testing. In 2016 I transferred to the US due to an increased focus on CCAR, DFAST and CECL. I am currently charged with macro credit models across Retail and Investment Banking in the context of CECL, IFRS9, DFAST, CCAR and internal stress testing across the firm.

Carsten Heiliger, Senior Vice President, Risk Identification & Stress Testing, SunTrust Bank 

The Risk Identification & Stress Testing team at SunTrust provides several critical analytical services to the company: Providing new and insightful analysis for executive management; facilitating SunTrust’s ongoing Stress Testing process including the Off-Cycle Stress Testing program; providing scenario development for CCAR and Mid-Cycle DFAST; and, producing the baseline economic and interest rate forecast.

In addition to SunTrust, Carsten’s background includes work at global commercial and investment banks. He holds a bachelor’s degree in computer science and a master’s international business.

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Ethan M. Heisler, President, The Bank Treasury Newsletter

Ethan is the President of The Bank Treasury Newsletter, an E-Publishing house for “Heisler’s Quality Letter and Analysis.” HQL&A is a monthly newsletter covering the concerns and interests of bank treasurers and CFOs, including regulations, accounting, balance sheet analysis, investment portfolio strategy, asset/liability, and markets. Ethan’s subscribers range from commercial banks and credit unions large and small, as well as other fixed income and equity professionals with an interest in the bank space.

He began his tenure in Citi’s Fixed Income Sales group in 2003, but before that, he began with Salomon Brothers in 1994, which ultimately became part of Citigroup. There, as a managing director in Corporate Bond Research, he was a top-ranked bank fixed-income credit analyst part of the All-American Team for US and Yankee Bank corporate bonds in the annual fixed income investor survey run by the Institutional Investor Magazine. He was also responsible for global coordination of bank fixed income coverage, with a team of analysts in Europe, Japan. Hong Kong, and Australia.

Samrah Kazmi
Samrah Kazmi, Advisory Industry Consultant, SAS

Samrah Kazmi is an Advisory Industry Consultant for Risk solutions at SAS. A capital markets professional and an award winning risk practitioner, she has expertise in leading, designing & executing large-scale regulatory change management initiatives and complex risk transformation projects in the financial services sector. Before joining SAS, Samrah served as Sr. Director of Credit Operations at OnDeck Capital where she ran the Underwriting & Escalation functions for North America. At GE Capital’s prestigious Model Development Center of Excellence she functioned as global Credit Risk SME. Samrah has also served as the Director of Risk Review and global SME for Counterparty Credit Risk at New York Portfolio Clearing, a Central Counterparty and subsidiary of the NYSE. Prior to her career in Risk, Samrah also served as Credit Structurer & Equity Derivatives trader at various global banks. Samrah holds a Bachelor’s degree in Economics with a minor in Journalism from Boston University, an MBA from the International University of Monaco and a Fintech certification from Massachusetts Institute of Technology (MIT).

Jacob k
Jacob Kosoff, Head of Model Risk Management & Validation, Regions Bank

Jacob Kosoff is the Head of Model Risk Management and Validation at Regions Bank. In this role, Mr. Kosoff is responsible for the enterprise-wide management of the model governance and model validation teams and for overseeing the governance and validation for all models and significant analytical tools at Regions Bank. Mr. Kosoff has 15 years of experience and progressive managerial responsibility in model development, model risk management and audit within the financial services industry, including at Regions Bank, PNC Bank and Freddie Mac.

Don Kumka, Director, Novantas, Inc.

Don is a Director at Novantas where he leads the firm’s statistical center of excellence providing statistical oversight and thought leadership in advanced analytics across all practice areas within the firm, ranging from unstructured big data analytics and data mining through structural and macro-economic modeling in support of client regulatory submissions.

Don has worked in consumer and small business banking for over 25 years providing sophisticated data driven lending and deposit solutions and supporting policy to the top US and UK banks.   He has served as the interim head of credit services for major consumer lenders and as an advisor to a start-up market place lender.  In addition, Don is a regular contributor to the Novantas Review and has conducted webinars on consumer banking.

Prior to joining Novantas Don was a Director at Portfolio Management Associates, specializing in the development of empirically derived risk policy for consumer and small business lending.  He has also held senior management positions within Citibank card products group and Time-Warner product circulation and distribution services.  Don has a Ph.D. in quantitative methods from the University of Minnesota and was a professor at the State University of New York, Buffalo where he taught statistics.

Raj Kunwar, Director, Bank of America

Raj Kunwar is currently working as director at Bank of America model risk management. In this role he delves into all aspects of credit risk and stress testing modeling. His expertise is in developing models including PPNR,  ALLL reserves, valuations, and economic capital. He has a Ph. D. in Engineering from University of Maryland, and a MBA in finance from University of Chicago. Prior to HSBC, He worked at GE and Intel corporations. He has numerous journal publications, a published book, and 6 issued US patents.

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Ty Lambert, Head of Treasury Analytics, Bancorp South

Mr. Lambert joined BancorpSouth in 2006 and has served in a variety of roles including portfolio management, asset-liability management, investor relations, and model development/systems integration. His team is currently responsible for asset-liability management, liquidity risk management, and capital stress testing. In addition, Mr. Lambert plays an active role in strategic planning with respect to corporate budgeting and capital deployment. He has been a featured speaker at stress testing conferences and has served on American Banker’s Advisory Board for Stress Testing. Prior to joining BancorpSouth, Mr. Lambert was a portfolio manager for retail clients. He received his bachelor and MBA degrees from Mississippi State University and the University of Mississippi, respectively.

John Lankenau, SVP, Product and Operations, SS&C Primatics

John Lankenau is the head of Product and Operations at SS&C Primatics. He has extensive consulting and financial services industry experience, with an emphasis on complex loan systems integrating risk and finance. John’s experience includes auditing the models and estimation processes for some of the biggest financial institutions in the United States for a Big 4 firm. John frequently speaks and contributes to industry publications on emerging issues such as CECL and the integration of risk and finance. John has a bachelor’s degree in Mathematics and Economics from Carleton College in Minnesota and a Master’s degree in Operations Research from the University of Michigan, Ann Arbor.

Xiaojing Li
Xiaojing Li, Director, Quantitative Methods, CoStar Group

Xiaojing Li is in charge of model development of CoStar’s core mortgage risk service product/CRE credit risk model—CompassCRE and CompassCMBS. She leads the quant team on building various models and analytical tools for analysing credit risk, assessing risk-weighted asset and capital reserve requirement under Basel III compliance, and setting loss reserves under FASB’s CECL credit loss accounting standard. Ms. Li also assists BHC clients on producing custom scenarios and regulatory stress testing in CCAR/DFAST framework. Ms. Li was a research assistant in the field of Consumer Finance at Ohio State University, where she majored in econometrics and consumer finance and received her M.S. and Ph.D. degree in Economics.

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Steve Lindo, Principal, SRL Advisory Services

Steve Lindo is a financial risk manager with over 30 years’ experience managing risks in trading portfolios, banking, funding and ALM. His current role is Principal of SRL Advisory Services, an independent consulting firm specializing in risk governance, education and strategy, risk data management, regulatory expertise and information risk management. His previous positions include Director of Treasury Management and Mortgage Risk at Fifth Third Bancorp and Vice President of Risk Capital Management at GMAC Financial Services LLC (now Ally Financial). In 2010, Lindo completed a two year engagement as Executive Director of PRMIA – The Professional Risk Managers’ International Association, a nonprofit member organization with over 75,000 members in 198 countries. Before that, Lindo held a number of risk management roles in Cargill’s proprietary financial trading group, which today operates as Black River Investments and Carval Investors, and spent his early career as an international banking and credit officer with Lloyds Bank and First National Bank of Chicago (now part of JPMorgan Chase) in the UK, Spain, and Brazil. Lindo is a regular presenter at conferences, author of risk management articles and case studies. He has a B.A. and an M.A. from Oxford University and speaks fluent French, German, Spanish, and Portuguese.

Stevan Maglic, SVP, Head of Risk 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.

Seph Mard, Head of  Model Validation, DataRobot

As the head of Model Risk Management at DataRobot, Seph is responsible for model risk management, model validation, and model governance products, as well as services. Seph is leading the initiative to bring AI-driven solutions into the model risk management industry by leveraging DataRobot’s superior automated machine learning technology and product offering. Seph has more than 10 years of experience working across different banking and risk management teams and organizations. He started his career as a behavioral economist with a focus on modeling microeconomic choices under uncertainty and risk, then transitioned into the financial services industry. Seph is a subject matter expert in model risk management and model validation.

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

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.

Will Newcomer, VP of  Product & Strategy, US. Risk & Compliance, Wolters Kluwer

Will Newcomer has more than 35 years of experience in risk and finance with major and regional banks as well as leading technology firms, making him uniquely qualified to lead clients to the forefront of integrated finance, risk and compliance solutions. In addition, Will uses extensive experience in enterprise-wide management information systems to help financial institutions in the areas of risk adjusted performance management, budgeting and planning, asset and liability management, incentive compensation, financial reporting and stress testing.

Todd Pleune, Managing Director, Protiviti

As a leader in the Model Risk practice within Protiviti’s Data Management and Advanced Analytics Solution, Todd focuses on risk modeling and model validation for Credit, Market, Operational, and Conduct Risk.  Recently, Todd has supported allowance and stress testing model development, validation and internal audit at more than 15 major banks.  He has developed model governance processes and risk quantification processes for the world’s largest financial institutions and is an SME for internal audit of the model risk management function.  Todd has a Ph.D. in corrosion modeling from the Massachusetts Institute of Technology.

Larry Roadcap, Advisory Industry Consultant, SAS

Larry Roadcap is a Financial Services Industry Consultant at SAS and brings to his work more than 20 years of experience delivering financial systems and risk management solutions to banks, corporate treasuries and capital markets participants in the US, Asia, Australia, and the UK. Larry holds a BA in Economics from Georgetown University and a MBA from a dual degree program of Columbia University and the University of California, Berkeley.

Natalya Schenck, Financial Economist, Enterprise Risk Analysis Division, OCC

Natalya Schenck is a Financial Economist in the Enterprise Risk Analysis Division at the Office of the Comptroller of the Currency (OCC). She provides quantitative support for DFAST and ALLL model reviews, in wholesale and retail credit areas. Dr. Schenck joined the OCC after completing her Ph.D. (Finance) at Kent State University. She also holds Diploma of Specialist in Mathematics from Saint Petersburg State University, Russia. Her research on impact of regulation on banking industry has been published in several academic journals such as Journal of Regulatory Economics and Journal of Financial Research.

Hal Schroeder, Board Member, FASB

R. Harold “Hal” Schroeder was appointed to the Financial Accounting Standards Board (FASB) by the Financial Accounting Foundation (FAF) effective as of February 28, 2011, reappointed to a second term in 2015.
Mr. Schroeder is a CPA who brings over 30 years of diverse experience in investing and financial reporting to the FASB. Most notably, he brings a strong investor perspective to the FASB, with more than 15 years of experience working with all facets of the investment community. During his career, he has viewed the preparation of financial statements and the application of accounting standards from varying perspectives including auditor, preparer and investor.
Prior to joining the Board, Mr. Schroeder was a partner at Carlson Capital, L.P., a Dallas-based money manager with assets under management of over $6 billion. He joined Carlson Capital’s relative value arbitrage team in 2000 and was a member of the firm’s management and investment committees. As a senior portfolio manager, he focused on the financial services industry, including both public and private companies.
Mr. Schroeder also spent five years as a senior equity analyst with Schroder & Company, Inc. (subsequently acquired by Citigroup Inc.) and KBW, Inc. (formerly Keefe, Bruyette & Woods Inc.), both based in New York City. From 1993 to 1995, he was Chief Financial Officer for New York-based Nafinsa Securities, Inc., and various other subsidiaries, of Nacional Financiera, SNC, the primary development bank for the Mexican government. Prior to that, he spent thirteen years with Ernst & Young, including the firm’s National office as well as client-serving roles in New Orleans and New York, where he was a partner in the financial services division.
From 2008 until his appointment to the Board, Mr. Schroeder was a member of FASB’s Emerging Issues Task Force (EITF). From 2008 to 2010 he also was a member of the Standing Advisory Group for the Public Company Accounting Oversight Board, the organization created by the Sarbanes-Oxley Act of 2002 to oversee the audits of public companies in order to protect the interests of investors and the public interest by promoting informative, accurate, and independent audit reports.
Mr. Schroeder earned his Master of Business Administration from Tulane University and a Bachelor of Science degree in accounting from the University of New Orleans.

Sharath Gopal
Gopal “Sharath” Sharathchandra, Senior Vice President, PNC

Gopal “Sharath” Sharathchandra is a Senior Vice President in the Credit Portfolio Management function at PNC Bank. His responsibilities include CCAR credit loss forecasting, economic capital, risk appetite metrics and analytics, risk adjusted return measurement and implementation and CECL implementation. He has over 20 years of industry experience in credit risk management and has previously worked at Freddie Mac, Capital One and the Asian Development Bank. He has a B.S. in engineering from the Indian Institute of Technology, M.S. in Statistics from Stanford University and Ph.D in Finance from the University of California, Berkeley.

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Larry Sherrer, Senior Examiner, Banking Supervision and Regulation Division, Federal Reserve Bank of St. Louis

Larry Sherrer is a senior examiner with the Federal Reserve Bank of St. Louis. He has more than 35 years of experience working in the banking industry and as a federal regulator. Sherrer has served as the examiner-in-charge for a wide range of community and regional financial institutions with substantial experience in problem banks. He currently works as the examiner in-residence for the St. Louis Fed’s Supervisory Policy and Research unit where he analyzes risks facing financial institutions in the Federal Reserve’s Eighth District. His responsibilities there also include serving as the district liaison to the Federal Reserve’s Current Expected Credit Loss (CECL) implementation team. Sherrer earned a bachelor’s degree in accounting from Missouri State University, Springfield, Mo., and a Master of Business Administration degree from Washington University in St. Louis.

Sibel Sirakaya Ph. D, Quantitative Risk Specialist, FDIC

Sibel Sirakaya is a Quantitative Risk Specialist in the Complex Financial Institutions Section of the Division of Risk Management Supervision at the Federal Deposit Insurance Corporation (FDIC). She serves as a modeling expert in bank examinations on retail and wholesale credit risk modeling, model validation and model risk management for various regulatory frameworks, including Basel II / III and stress testing. Before joining FDIC in 2015, Sibel worked as a Senior Financial Economist in the Credit Risk Analysis Division of the Office of the Comptroller of the Currency (OCC). Prior to her appointment at OCC, she was an Assistant Professor of Economics and Statistics and a core faculty member at the Center for Statistics and the Social Sciences at the University of Washington. Sibel has published numerous papers in scholarly journals, including the Journal of the American Statistical Association, Journal of Economic Dynamics and Control and Computational Economics. She has a Ph.D. in Economics from the University of Wisconsin at Madison.

Larry Sorensen (final)
Larry Sorensen, Chief Financial Officer, Washington Trust Bank

Larry Sorensen has been the CFO of Washington Trust Bank, a $6.0 billion institution headquartered in Spokane, Washington, since 2008.

His career spans regulatory roles during the thrift crisis at the FHLB of San Francisco, and private sector roles in both high tech and the financial industry.  During the 1990’s he worked in the Corporate Development department of Golden West Financial Corporation, and after taking a year off to travel the world, he worked for a software start-up and later found his way back to banking as the CFO of Sonoma National Bank and then his current position with Washington Trust Bank.

Mr. Sorensen has an undergraduate degree in Finance from the University of Colorado and is a graduate of the ABA’s Stonier Graduate School of Banking (Class of 2007).  Beginning in the summer of 2014, he joined the Stonier faculty teaching a course on bank financial management.

Steve Wiggins, Director, Novantas, Inc.

Steve Wiggins is a Director in Novantas’ Advisory business.  Steve has extensive experience assisting financial institutions on a wide range of credit-related topics, including PD/LGD modeling, economic capital, risk rating systems, risk appetite, limits, CECL/IFRS9, strategic asset allocation, credit portfolio management, and CCAR/DFAST stress testing.  Prior to Novantas, Steve spent 15 years at Moody’s Analytics, where he held various senior roles within Enterprise Risk Solutions serving the banking and insurance industries.  Steve is a frequent speaker at a number of industry forums and conferences, including PRMIA, GARP, Risk USA, and the CFA Institute.  He has also published articles in the firm’s Novantas Review article series.  Steve holds an MBA in Finance from the Wharton School and a BS in Economics from MIT.

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Richard Christopher Whalen, Chairman, Whalen Global Advisors LLC

Richard Christopher Whalen is an investment banker and author who lives in New York City. He is Chairman of Whalen Global Advisors LLC and focuses on the financial services, mortgage finance and technology sectors. Christopher is a member of FINRA and is associated with Bradley Woods & Co in New York.

Guoning Yang, Director, Quant Analytics, Fifth Third Bank

I’m responsible for credit risk modelling and analytics for Stress Testing and CECL at Fifth Third. I oversee models and analytics, long-term loss forecasting, stress testing production and submission, and regulatory review support of Fifth Third Consumer portfolios as well as the on-going CECL modelling in partnership with Accounting, Finance and Capital Planning. Before Fifth Third, I worked at Capital One leading loss forecasting and Basel modelling of their credit card portfolio.

Find our CECL thought-leadership articles here. These articles feed from our much larger Risk Insights section of our website which provides you with thought-leadership, white papers, articles and more across risk and regulation. Subscribe to Risk Insights’ Financial Risk Management Blog and get the latest articles straight to your inbox.


Free Webinar

A practitioners perspective on CECL

With: Stevan Maglic, Regions Bank, Soner Tunay, Citizens Bank

Read more


20th February 2018

Best practices in validating CECL models

By Jacob Kosoff, Head of Model Risk Management & Validation, Regions Bank.
22nd January 2018

For the Investor: Benefits of the “CECL” model and “vintage” disclosures

By Hal Schroeder, Board Member, FASB.
22nd January 2018

CECL from the regulators

By Larry Sherrer, Senior Examiner, Banking Supervision and Regulation Division, Federal Reserve Bank of St. Louis and Ty Lambert, SVP, Bancorp South.
16th January 2018

Implementing a comprehensive analytical architecture

By Stevan Maglic, SVP, Head of Quantitative Risk Analytics, Regions Bank.
16th January 2018

Steps, Data and Methodology

By Prashant Dinodia, Director, Risk Advisory, FIS.
20th December 2017

Developing effective forecasts that fulfil requirements

By Gopal “Sharath” Sharathchandra, Senior Vice President, PNC.
7th December 2017

CECL model approaches: New approaches vs. updating internal infrastructure

 By Raj Kunwar, Director, Model risk management, Bank of America and Guoning Yang, Director, Quant Analytics, Fifth Third Bank.
30th November 2017

CECL preparation for Internal Auditors and what clients can expect from their Internal Auditors

Matt Clohessy, Audit Manager, Senior Vice President, KeyBank.
29th November 2017

CECL Requirements for Macroeconomic Scenarios

A presentation by Hakan Danis, Director, MUFG. 
29th November 2017

Developing top down and bottom up approaches for an efficient and accurate CECL solution

By Xiaojing Li, Director, Quantitative Methods, CoStar Group.
7th November 2017

CECL quantitative impact analysis

By Michael Fadil, EVP, CECL Program Executive Sponsor, Citizens Bank. 
10th October 2017

Understanding CECL end vision to effectively prepare for implementation

By Chip Messick, Managing Director, Argus Information & Advisory Services. 
4th October 2017

SS&C Primatics speaking at the CECL 2017 Congress

By Alex Driscoll, SS&C Primatics.
20th September 2017

Validating your CECL model: What’s important to know

31st August 2017

Modelling for life of loan – Are CCAR models suitable for CECL?

2018 Sponsors


Argus is a leading provider of intelligence, decision support solutions, and advisory services to financial institutions across the globe. Our client base ranges from financial institutions and their regulators to various companies across the broader commerce ecosystem including payments providers, merchants, and media. We maximize value to clients by combining proprietary data assets, unique IP, domain expertise, cutting-edge software and analytic tools, state of the art technology platforms, and our unique result-oriented approach.
Argus is a Verisk Analytics (Nasdaq: VRSK) business and operates in 30+ countries, is a member of Standard & Poor’s S&P 500® Index and is listed in Forbes magazine’s America’s Best Mid-Size Employers list and World’s Most Innovative Companies list.

Argus Risk & Regulatory capabilities include solutions for data management, risk and loss modeling including financial & capital planning & reporting.

• Expertise in global regulations: DFAST, CCAR, ALLL/ CECL/ IFRS9, AML, IRRBB, FRTB, Basel, Liquidity & Credit Risk, Solvency II & other regulations
• Data aggregator for US regulators (Fed, OCC, CFPB) in supporting their efforts for risk-based bank supervision
• Provide FI’s with services and products which are modular, scalable:

– Technology agnostic data management platform which seamlessly integrates data from disparate sources, multi-tier data quality engine, data lineage & audit trail

– Proven track record of developing industry-leading forecasting solutions for over $ 5T assets across clients in 40+ countries (across retail products, C&I, treasury, real estate & leverage industry data from Argus consortia & partners) to support forecasting for:

• Compliance, Marketing
• P&L optimization
• Strategic planning
• LLP/ Delinquency
• Impairment models

– Reporting solution with workflow management with functionalities like CFO attestation, business & management overlay, MIS reporting with drill-down capability providing the same view as regulators

– Consulting and operational support (i.e., crafting MRI response, model recalibration, new portfolio/product integration)

Darling Consulting Group

Darling Consulting Group (DCG) is a leading independent provider of balance sheet risk management services and solutions for the financial institution industry. DCG’s Quantitative Risk Analysis & Strategy Group provides specialized end-to-end validation for credit stress testing models (DFAST/CCAR) which includes an evaluation of the mathematical approaches employed to project credit losses and PPNR forecasts, as well as ALM model integration, governance, controls and documentation.

For over 30 years DCG has helped financial institutions of all sizes make better strategic and risk management decisions. Services include comprehensive asset/liability management and strategy advisory, balance sheet risk modeling, broad-based model validation (e.g. ALM, liquidity, credit, ALLL, MSR, capital, operational risk models), behavioral studies (deposits, prepayments), credit stress testing and challenger models, and liquidity management (including contingency planning, monitoring and stress testing tools).


DataRobot offers an automated machine learning platform that empowers users of all skill levels to make better predictions faster. The ability to democratize the predictive analytics process is perhaps the most important element of any machine learning platform, and DataRobot’s ability to automate the entire modeling lifecycle enables users to quickly and easily build highly accurate predictive models. Incorporating a library of hundreds of the most powerful open source machine learning algorithms, the DataRobot platform automates, trains and evaluates predictive models in parallel, delivering predictions at scale. DataRobot provides the fastest path to data science success for organizations of all sizes. The only ingredients needed are curiosity and data — coding and machine learning skills are completely optional! For more information, visit www.datarobot.com.


FIS’s solutions for risk management cover pre- and post trade risk management; integrated, enterprise-wide market, liquidity, credit and operational risk management; asset liability management; and trade surveillance. These solutions can be used across trading and clearing platforms and around multiple asset classes to help organizations better understand their exposure, improve the visibility and understanding of risk across the enterprise, and comply with regulations globally. FIS Risk Solution’s customers include banks, broker dealers, securities firms, clearing houses, hedge funds, pension funds, asset managers, insurance companies, corporations and government entities of varying sizes, geographical locations and organizational complexities.


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.


Novantas is the industry leader in analytic advisory services and technology solutions for banks. We create superior value for retail and commercial banks through deep and insightful analysis of the information that drives the financial services industry across pricing, product development, treasury and risk management, distribution, marketing, and workforce management. For more information, visit www.novantas.com.


Protiviti is a global consulting firm that helps companies solve problems in finance, technology, operation, governance, risk and internal audit, and has served more than 60 percent of Fortune 1000® and 35 percent of Fortune Global 500® companies. Our Model Risk Management practice provides experienced quantitative analysts to develop and validate a variety of models, and our holistic process helps control risk, prevent losses and enhances key stakeholders’ understanding of model risk. We can develop customized quantitative models, refine and calibrate existing models, and design stress testing and scenario analysis programs to supplement existing analytics. Areas of expertise include: Model Risk Governance Assessment, Model Development, Model Validation, Model Audit Support, Stress Testing, IFRS9/CECL, Initial Margin Model, and Market Risk/FRTB.


RapidRatingsTM is transforming the way the world’s leading companies manage enterprise and financial risk. RapidRatings provides the most sophisticated analysis of the financial health of public and private companies in the world. The company’s analytics system provides predictive insights into third-party partners, suppliers, vendors, customers and securities issuers. Every business conversation becomes more productive, transparent and efficient with the RapidRatings Financial Health SystemTM. For more information. Visit www.rapidratings.com to learn more.

S&P Global

We deliver exceptional solutions, for exceptional results. Every day at S&P Global Market Intelligence, we collect, scrub, interpret, and analyze vast volumes of content, turning it into actionable intelligence on the global financial markets and the companies and industries that comprise those markets. We deliver the data and insight you need to make informed, smarter business decisions and investment decisions that are critical to your future. Driven by our core tenets of accuracy, relevance, completeness, and timeliness, S&P Global Market Intelligence is a leading provider of financial and industry data, research, news and analytics to investment professionals, government agencies, corporations, and universities worldwide. By unifying the highest quality data and industry-leading solutions from S&P Capital IQ and SNL, we integrate news, comprehensive market and sector-specific data and analytics into a variety of tools to help clients track performance, generate alpha, identify investment ideas, understand competitive and industry dynamics, perform valuations, and assess credit risk.


SAS is the leader in analytics. Through innovative analytics, business intelligence and data management software and services, SAS helps customers at more than 83,000 sites make better decisions faster. Since 1976, SAS has been giving customers around the world THE POWER TO KNOW®.


SS&C Primatics solves financial institutions’ most complex challenges with EVOLV, our integrated risk and finance solution. EVOLV’s comprehensive and complementary modules streamline accounting, reserving, and credit functions in a single system for all classes of cash-flow-based financial instruments.

Wolters Kluwer

Whether complying with regulatory requirements or managing financial transactions, addressing a single key risk, or working toward a holistic enterprise risk management strategy, Wolters Kluwer works with customers worldwide to help them successfully navigate regulatory complexity, optimize risk and financial performance, and manage data to support critical decisions. Wolters Kluwer provides risk management, compliance, finance and audit solutions that help financial organizations improve efficiency and effectiveness across their enterprise, with more than 30 offices in 20 countries. For further information please visit www.wolterskluwerfs.com

2018 Media Partners

Compliance Search Group
New York Institute of Finance

Can your organization contribute at our CECL 2018 Congress?

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. Please visit www.cefpro.com/sponsorship for an outline of what we can offer, and 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.

We are happy to support publications, associations and organizations at this event. From a simple company listing with your logo to getting your organisation in front of our database and attendees . To discuss a media partnership further please email tina.patchcott@cfp-events.com or call +(1) 888 677 7007.

New York Marriott Downtown, 85 West St, New York, NY 10006, USA

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 2018 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

Standard Rate (Registrations after March 9)
Pre-event Masterclass | March 20 $1,099
2nd Edition CECL 2018 | March 21-22 $1,999
Pre-event Masterclass and Main CECL 2018 | March 20-22 $3,098
Group Bookings:

Group rates are available for 3 or more attendees from the same organization, when registering at the same time. The current rate allows every third colleague to come along for half price or a fifth colleague to attend for free.

Credit card payments:

Please ensure that you have informed your credit card issuer that you will be making this transaction

Other ways to register

1. Register by Email

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

2. Contact Us Directly

3. Download the PDF Registration Form

2018 Sponsors

SS&C-Primatics 245x150


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