To register click: here

About the Summit: 

The NC State Financial Mathematics Program along with Industry Leaders and Regulators have organized this summit.

The Financial Mathematics Program is deeply invested in Credit Risk Modeling and, along with industry leaders, intends to provide a platform to assist Lenders (Banks, Credit Unions, and Others) tackle this transition to FASB’s CECL Account Standards.
When you attend this Premier Event you will gain:
 
– CECL updates from Legislative and Regulatory Officials    
– A case study on CECL calculations 
– Expert insight into CECL implementation and modeling

Topics to be Addressed

CECL UPDATES
Legislative and regulatory updates
MODELING
Modeling criteria for various asset classes
RISK
Discussions on risk assessment and segmented capital modeling
CASE STUDY
CECL Calculation and estimation

Featured Speakers

Tyler Haymore
Senior Legislative Assistant to the Honorable Ted Budd (NC-13),
Ranking Member of the U.S. House Committee of Financial Services
Christine Jung
Professional Accounting Fellow
Board of Governors
Federal Reserve System
Amanda Freedle
Senior Policy Advisor
Office of the Comptroller of the Currency
John Lyons
Director
Accounting Advisory Services
KPMG
Michael Umscheid
Founder and CEO
ARCSys
Neekis Hammond
Managing Director
Advisory Services
Abrigo
Scott Dietz
Director
Regulatory and Accounting Solutions
Moody’s Analytics
Thomas Caragher
Director
Product Management
ZM Financial Systems
Murilo Brizzotti
Principal Industry Advisor
SAS
Jeff High
Professor of Practice
NCSU Department of Mathematics

Confirmed Participating Organizations

Abrigo
AICPA
ARCSys
BB&T
CFA Institute
Citi Group
Connexin Group LLC
Credit Suisse
Dixon Hughes Goodman
Elliot Davis
Enova Financial
Federal Reserve System
FDIC: Federal Deposit Insurance Corporation
Financial Risk Group
First Citizen’s Bank
Genworth
GARP
IAQF
KPMG
Local Government Federal Credit Union
Moody’s Analytics
NC State Dept. of Mathematics
North Carolina Office of the Commissioner of Banks
Office of the Comptroller of the Currency
PrecisionLender
SAS
Self-Help Credit Union
Skema School of Business
South State Bank
U.S. Bank
Vizo Financial Corporate Credit Union
ZM Financial Systems


Tentative Agenda

Day One, Thursday, April 11th, 2019

14:30 -14:50Registration
14:50 -15:00Opening Remarks
Speaker Dr. Tao Pang Director, Financial Mathematics Program, NC State
15:00 – 15:35CECL Accounting Standards Update
Speaker: John Lyons, KPMG
15:45 – 16:25Update from the Board of Governors of the Federal Reserve Bank
Speaker: Christine Jung, Board of Governors of the Federal Reserve System (FRB)
16:30 – 17:10Update from the Office of the Comptroller of the Currency
Speaker: Amanda Freedle, Senior Policy Advisor at
Office of the Comptroller of the Currency (OCC)
17:15 – 18:00Moderated Workshop – Calculation Methodologies
Speakers: Thomas Caragher, Director Product Management OnlineCECL, ZM Financial Systems
Jeff High, Professor of Practice, NCSU Department of Mathematics
18:00 – 19:30Evening Reception

Day Two, Friday, April 12th, 2019

8:00Breakfast
8:40 – 9:00Welcome Remarks
John Blondin, Senior Associate Dean, College of Science, NC State
Duane Larick, Senior Vice Provost for Academic Strategy and Resource Management, NC State
9:00 – 9:30Legislative Update
Speaker: Tyler Haymore, Senior Legislative Assistant to the honourable Ted Budd (NC-13),
Member of the U.S. House Committee on Financial Services
9:35 – 10:05Risk & Finance Integration – Robust Methodology for a Holistic Approach to CECL and Stress Testing
Speaker: Murilo Brizzotti, Principal Industry Advisor, SAS
10:10 – 10:40T-9: Lessons Learnt from Bigger Banks along with Calculation Methods (Full life cycle, Vintage, etc.)
Speaker: Scott Dietz, Director Regulatory and Accounting Solutions, Moody’s Analytics
10:50 – 11:20Practical Application: How ~20% of FI’s < $50B are Addressing CECL
Speaker: Neekis Hammond, Managing Director – Advisory Services, Abrigo
11:30 – 12:30Case Study: Putting it All Together. Pooling, Segmentation, and Allowance Optimization
Speaker: Michael Umscheid, Founder and CEO ARCSys
12:30 – 14:00Lunch

Program Committee

Edward Bayer
Managing Director,
KPMG, US
Jared Bogacki
Funds Management Model Development Manager, BB&T
Srinivasan Iyer
Director, Risk Delivery Advisory, SAS
Deanna Hart
SVP, Director,
Corporate Accounting, First Citizens Bank
Wei Chen
Director, Stress Testing Solutions, SAS
Laurent Birade
Senior Director, Current Expected Credit Loss SME, Moody’s Analytics
Michael Fadil
EVP,
Citizens Bank
Adrian Savic
Director,
KPMG, US

Resources

SessionAuthorLink
Update from the Board of Governors of the Federal Reserve BankChristine Junghere
Update from the Office of the Comptroller of the CurrencyAmanda Freedlehere
Calculation MethodologiesThomas Caragherhere
Lessons Learnt from Bigger Banks along with Calculation Methods (Full life cycle, Vintage, etc.)Scott Dietzhere
Machine Learning in Credit Risk Modeling PosterYu Chen, Amoolya Prakash, Jingjing Zhan, Zhehong Zhuhere
Calculation Methodology: Vintage Analysis PosterDeepak Punjabi,Xiangqi Ling, Xinyi Chenhere
Evolution of CECL PosterYuhong Fu, Ran Dai, Ruoyu Qi here

Registration

Registration fee of $100.00 per person.
Click here for registration

Venue

Park Alumni Center
Dorothy and Roy Park Alumni Center
2450 Alumni Drive Raleigh, NC 27606
https://parkcenter.ncsu.edu/

Hotel Accommodations

Professional Development Credits

  • ERP/FRM Holders attending this summit qualify for 5.75 GARP Continuing Professional Development (CPD) credits.
  • For CPAs seeking CPE Credit, please contact your state boards or other entities to which you report to determine the specific requirements.

Organizing Committee Chair
Dr. Tao Pang, CFA, FRM
Director, Financial Mathematics Program
North Carolina State University
tpang@ncsu.edu

Event Delegate Manager
Rohit Khurana, FRM
rkhuran@ncsu.edu
+1 213-265-4889

Media Sponsors

CFA Society NC


Sponsors

nc state
SAS