Podcast: CECL—Get your bank’s credit records in order
The auditors are sharpening their pencils—and now’s the time for banks to prepare for the Current Expected Credit Loss (CECL) standard. Tom Caragher of Fiserv walks us through everything banks need to know about CECL including which records to pulland which staff members to recruit to find to present first-rate data.
From the podcast:
- Tom recently authored a three-part series on CECL.
- BAI Banking Strategies also recently published the article: Don’t wait, start CECL implementation now
- The podcast also features a clip from an interview with Christen Hall, ACL & acquired loan analytics manager at BB&T.
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