Credit Stress Testing During a Pandemic
Every sector of the United States economy is feeling the impact of the novel coronavirus. From corporate America to the service industry, the wealthy, middle class, and lower income – the everyday life of everyday Americans has been disrupted, leading bankers to justifiably question the future health of their loan portfolios. Can they withstand a potentially prolonged period of financial stress? While there are no credit vaccines to prevent a recession/credit downturn cycle, there are ways that risk managers can measure the vulnerability of their institution and check the temperature of their capital. Stress testing, especially credit stress testing, has been used by financial institutions to determine the financial health of their books. In this webinar, we will discuss the relationship between credit losses and macro-economic variables over the past several decades (which includes several credit events like the Great Recession) – and how this relationship should be applied to the current pandemic that our economy faces. We will discuss the impact to capital levels, in various stress scenarios (from the Fed’s Adverse to DCG’s pandemic scenario) and implementing loss curves into the capital plan.
Who Should Attend: Chief Credit Officers, Risk Officers, CFOs, Other Finance, Risk, Credit Professionals
- Quantifying downside credit risk in varying economic stresses
- Forecasting among uncertainty – Analyzing credit risk in a “pandemic” based economy
- Strategic considerations through a stress testing project
Darling Consulting Group
Justin provides risk management education and strategic consultation to financial institutions leveraging DCG’s analytics solutions. Justin has been a thought leader in risk management including interest risk, credit risk, and liquidity risk, as well as emerging risks including artificial intelligence and machine learning. Justin’s focus is developing and implementing solutions that analyze customer behavior patterns to proactively manage embedded risks and drive higher levels of earnings. Justin is a frequent speaker and author with the RMA, American Banker, New York Times, and CIOMagazine.
|Pricing For||Price||Season Pass|
Season Pass Members receive 4 individual logins to every webinar
Participants will earn 1.0 CPE credit
Field of Study: Specialized Knowledge
Advanced Preparation: None
Program Level: Basic
Delivery Method: Group Internet Based
Refunds and Cancellations: Webinar registrations are non-refundable. If the registrant is unable to attend the designated time and date of the webinar, a playback link and any written materials will be provided within 2 business days following the conclusion of the webinar
Western Bankers Association 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.