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| Registration for this event is open from: | Apr 15, 2021 12:00 - Dec 10, 2021 12:00 | |
| Where: | Webinar, Recorded, Both Live/Recorded, (US). | |
| Date: | Jun 10, 2021 - Jun 10, 2021 | |
| Time: | 02:00 - 03:30 | |
| Event description: | ||
Supporting Documentation for the ALLL(90-minute webinar – recording also available) Thursday, June 10, 2021 12:00 PM Pacific 1:00 PM Mountain 2:00 PM Central 3:00 PM Eastern The ALLL is not just about calculations – documentation is also critically important because it conveys management’s judgments and conclusions about the ALLL reserve. This presentation is designed to reinforce the 2001 Interagency Policy Statementand provide fresh perspective on documenting the ALLL. AFTER THIS WEBINAR YOU’LL BE ABLE TO:
WEBINAR DETAILS The Policy Statement on Allowance for Loan and Lease Losses Methodologies and Documentation for Banks and Savings Institutions dated July 2, 2001, remains the preeminent guide to ALLL documentation. Documenting the ALLL calculation is a crucial component to communicating management’s judgments and conclusions regarding the accuracy of the required ALLL reserve. Building a strong narrative document as a companion to the current ALLL determination will provide the reader (director, auditor, and examiner) with confidence in management’s ALLL calculation and provide a strong starting point as the industry transitions into CECL. This comprehensive presentation will address documenting management judgments and assumptions in determining the ALLL and provide insight into components of ASC 310 and ASC 450. Related topics will include documenting management judgment pertaining to valuation timing for impaired credits, defining homogenous pools based on credit risk, and describing qualitative factors, including factor adjustments. WHO SHOULD ATTEND? This informative session is best suited for those involved with the ALLL calculation and presentation to the board. Credit personnel not directly involved with the ALLL calculation but who contribute to various components will also benefit, including collection and workout management, valuation management, and portfolio management. TAKE-AWAY TOOLKIT
DON’T MISS THIS RELATED WEBINAR! Capital Adequacy & Risk: Regulator Expectations for the Board on Thursday, July 15, 2021
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. THREE REGISTRATION OPTIONS – WHAT YOU GET 1. Live Webinar Includes
2. Recorded Webinar Includes
3. Purchase the BOTH Option to receive all the benefits listed above! Full registration descriptions can be found here. Note: All materials are subject to copyright. Transmission, retransmission, or republishing this webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only. AFFORDABLE, PROFESSIONAL TRAINING, WHEN AND WHERE YOU CHOOSE
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MEET THE PRESENTER - Aaron Lewis, Young & Associates, Inc.