The Challenges of Model Risk Management (Part 2 - ALLL and CECL)

In this installment of the monthly podcast series on credit risk
and model risk management, Fran Garritt, Director of Global Markets
Risk and Securities Lending at RMA. and Kevin Oden, Founder and
Managing Partner of Kevin D. Oden & Associates and Managing
Director of RMA’s Model Validation Consortium, discuss the
differences between ALLL and CECL, the impact of the switch to CECL
on modeling, and the concepts, processes, or practices that may
exist under CECL. For more information on RMA's Model Validation
Consortium, visit landing.rmahq.org/mvc.