ALLL Supporting Documentation

ALLL Supporting Documentation

ALLL Supporting Documentation: 
Current Rules & Future Expectations Under CECL
Tuesday, July 2, 2019
3:00 pm – 4:30 pm Eastern

 

As the required implementation of the current expected credit losses (CECL) model draws near, many institutions are focused on the mechanics of building a satisfactory model – a critical first step in meeting regulatory expectations.  In addition to model development, management will need to determine satisfactory supporting documentation that is “reasonable and supportable.”  Defensible documentation must be developed in support of assumptions and variables used or considered for both the qualitative and quantitative elements of your CECL model.  Since the CECL model will differ from the former incurred-loss model, management has an opportunity to overhaul the process for documenting the allowance methodology.  This webinar will link the current expectations for documenting the allowance model with new CECL documentation considerations.  

Highlights:

  • Overview of current ALLL documentation expectations 
    o Includes weaknesses identified in methodology statements and narratives based on today’s expectations and the need to correct them as the CECL deadline approaches
  • The evolution of “reasonable and supportable” documentation 
  • Three important groups that will use your CECL supporting documentation and their expectations 
  • Supporting documentation differences between the current ALLL rules and new CECL expectations 
  • Policies, processes, and controls changes from an incurred-loss model to the CECL model

Take-Away Toolkit:

    o Employee training log
    o NEW – Interactive quiz

Who Should Attend?

This informative session will benefit staff responsible for the development of the ALLL (current approach) and development of the allowance for credit losses (replacement allowance under CECL).  Senior management and directors will also gain insight from this presentation.

Speaker

Aaron Lewis, Young & Associates, Inc.

Aaron Lewis is a senior consultant at Young & Associates, Inc. With over 15 years in the banking industry, his expertise is now dedicated to the lending division of Young & Associates where he assists financial institutions with loan, ALLL, policy, and credit-process and compliance reviews.  He also conducts seminars on credit risk and compliance.

Prior to joining Young & Associates, Aaron was the Vice President Credit Administrator of a community financial institution in southeast Michigan and managed all facets of the lending function, including originations, underwriting, ALLL analysis, servicing, and secondary market compliance.  He holds a Bachelor’s in finance from Michigan State University and graduated from the Graduate School of Banking, University of Wisconsin.

 

Attendance verification for CE credits provided upon request.

Webinar Sponsored by Financial Education & Development

If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.

Registration Options
Live Webinar: Register for the live event and get five days access to the On Demand Playback. You’ll have an opportunity to ask questions during the presentation and be free to review the content for the next 5 (business) days Registration also includes links to presenter materials, handouts, and pdfs.
Recorded Webinar + Free Digital Download: Can’t attend the live webinar?  This option provides a recording of the live event, including audio, visuals, and handouts.  We even provide the presenter’s email address for follow-up questions. You will receive an email with the recorded webinar link, which can be viewed anytime 24/7, beginning 6 business days after the webinar.  You will also receive instruction on how to download a free digital copy of the webinar to your PC, which you may keep and use indefinitely.

Live Webinar: Register for the live event and get five days access to the On Demand Playback. You’ll have an opportunity to ask questions during the presentation and be free to review the content for the next 5 (business) days Registration also includes links to presenter materials, handouts, and pdfs.
Additional Hookups: Registering another banker from a different location
Live Webinar + On-Demand Link : Both live webinar & recorded webinar + free digital download 

When
7/2/2019

Sign In