When transitioning to CECL, the distinction between compliance and success is an important one. Achieving CECL compliance means meeting the requirements and executing the reserving process on time. The basis of a successful CECL transition is much more than simply meeting the functional requirements. Success requires taking a holistic view of the end-to-end reserving process and leveraging the right tools to get the job done efficiently and effectively. This May, the SS&C Primatics team is hosting EVOLV Live: Getting CECL Right to discuss strategies for attaining CECL success.
This two-day event brings together peer groups who will share implementation experiences, methodology choices and the potential impacts of CECL. This event features a stellar speaker lineup including Jimmy Yang, Stevan Maglic, and Michael Fadil, along with SS&C Primatics experts John Lankenau and Lauren Smith.
Jimmy Yang, BMO Financial Group, Managing Director, Credit and Operational Risk Analytics
Jimmy is in charge of the analytical decision center which covers all credit and operational risk related analytics for BMO globally. Jimmy was a Peking University graduate in computational mathematics and he also has a PhD in applied mathematics and an honor graduate of Southwestern Graduate School of Banking.
Stevan Maglic, Regions Bank, Senior Vice President, Head of Risk Analytics
Steve focuses on quantitative aspects of forecasting and stress testing (CCAR), reserve methodologies (CECL), credit risk rating methodologies, valuation, economic capital, credit strategy, and credit portfolio management. Steve has 20 years of industry experience in quantitative modeling and risk management. Steve has a Ph.D. in applied physics from Northwestern University, a B.S. in physics from University of Colorado in Boulder, and has held Series 7 and Series 63 certifications.
Michael Fadil, Citizens Bank, Executive Vice President, CECL Program Director
Michael has more than 25 years in the financial services industry. He worked for Moody’s Analytics where he focused on stress testing business development in 2012 and 2013. Then in 2013, he began his career at Citizens, where he oversaw the Risk Architecture Group which included risk data infrastructure, credit risk reporting, loss forecast modeling and loan loss reserve modeling and process. Michael also has experience in pension consulting, investment advisory, and the security broker dealer industries. He is a graduate of Dartmouth College with an MBA from NYU’s Stern School of Business.
John Lankenau, SS&C Primatics, Senior Vice President of Product and Operations
John has extensive consulting and financial services industry experience, having worked on auditing the models and estimation processes for some of the biggest financial institutions in the United States for a Big 4 firm. John frequently speaks and contributes to industry publications on emerging issues such as CECL and the integration of risk and finance. John has a bachelor’s degree in Mathematics and Economics from Carleton College in Minnesota and a Master’s degree in Operations Research from the University of Michigan, Ann Arbor.
Lauren Smith, SS&C Primatics, Director of Accounting Policy and Research
Lauren has over 10 years of experience in the financial services industry and began her career as an auditor with Deloitte. She has spent the last year assisting financial institutions with their conversion to IFRS 9 Impairment and FASB’s Current Expected Credit Loss model. Lauren is a licensed CPA in Virginia and is a graduate of William & Mary.
For the latest updates and more information, visit our event website EVOLV Live 2018: Getting CECL Right.
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