Mastering CECL Model Validation: Back-Testing for Accuracy and Success

Description:

This webinar will provide a comprehensive overview to back-testing CELC models, a critical component of ensuring accuracy and regulatory compliance. Participants will gain practical knowledge on defining and implementing robust back-testing methodologies, focusing on the analysis of weighted average loss and prepayment rates across active vintages. We will explore how to compare forecasted results with actual outcomes, identify historical trends, evaluate charge-off cycles, and document findings to drive meaningful model configuration updates. Attendees will enhance their ability to validate CECL models, leading to improved forecasting accuracy and stronger risk management practices.

CPE Objectives:

1. Define back-testing within the CECL context, emphasizing the comparison of forecasted versus actual results

2. Review the importance of historical data and relevant metrics in the back-testing process

3. Analyze patterns and trends in loss rates and prepayment rates across different vintages

4. Review best practices of comprehensive reports of back-testing findings, including statistical analysis, charts, and graphs

Now offering 1.2 CPE Credits for this event!

CPE Credit:

• 1.2 CPE Credits for this series

• Level: Intermediate

• Field of Study: Accounting

• Instructional Delivery Method: Group Internet Based

• Prerequisites: Experience in bank accounting, lending, or analytics

• Advanced Preparations: None

Refunds and Cancellations

ARCSys Technologies, LLC DBA ARCSys reserves the right to change instructors or reschedule/cancel sessions when necessary. Harbinger Technology Solutions, LLC is not responsible for travel penalties incurred due to the modification of the program. For more information regarding refunds, cancellations, and/or other concerns, please contact our offices at srawls@arcsysonline.com. ARCSys Technologies, LLC DBA ARCSys 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.nasbaregistry.org.

*NASBA Approved Provider for Group-Based Internet

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