CECL for Community Banks: The Practical Path
As the transition to CECL moves ever closer, many smaller financial institutions have started to grapple with how to apply the new standard to their ALLL process in a practical way. This webinar will follow up on some of the questions and methods presented during the February regulatory webinar, and it will focus on the key elements of the standard financial institutions need to consider as they plan their path forward. Specific topics will include portfolio segmentation, available loss rate methods, qualitative factors, and forecasts.
Join us as we talk more about how to prepare for the CECL transition.
About the Presenter
Tim McPeak, Executive Risk Management Consultant
Tim McPeak is an executive risk management consultant at Sageworks, where he advises on risk and portfolio management with financial institutions nationwide. Previous to his current position, Tim led Sageworks’ strategic partnership program, through which the company partners with consulting, loan review, accounting, and other professional services firms. Before joining Sageworks in 2011, Tim spent several years as an associate with investment banking firm Babcock & Brown, focusing on commercial real estate and infrastructure finance. Tim began his career in retail and business banking with Key Bank of New York. He received his bachelor’s degree from Wake Forest University.