CECL Considerations from a Model Risk Management Perspective

While credit and accounting are busy preparing for CECL implementation, don’t forget about risk management expectations. Supervisory guidelines for model risk management have now been adopted by the FDIC in addition to the Federal Reserve and OCC previously. When it comes time to have your model validated, set yourself up for a passing grade on your validations. In this session, we will discuss best practices for model risk management and documentation during model development, implementation and use of a significant model to integrate with your CECL readiness process.

Presenter

Robin Sawyer  |  Partner  |  DHG Financial Services

With more than 30 years of total business experience in both industry and public accounting roles, Robin brings a unique perspective and depth of experience in serving his clients. At DHG, he works primarily with public companies in the areas of Model Risk Management and Model Validation services, Mergers and Acquisitions accounting consulting, and external audit. Robin strives to provide his clients with a highly practical approach to problem solving that not only helps meet the requirements of external auditors and regulators but is also operationally expedient.