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CECL Ongoing Performance
Monitoring
Request a Sample Report
Request a sample Ongoing Performance Monitoring report customized with your institution’s data. Click here
Lessons Learned from the Adoption of CECL (Podcast)
The DCG team shares how institutions can take ownership of their CECL models, perform sensitivity testing, and monitor model assumptions. Listen here
Virtual Walkthrough: CECL Ongoing Monitoring Report
Learn how to incorporate the customized information from your own report into your CECL monitoring framework. Video: 4:15 Minutes
Featured Content
Address a Top Validation Finding and Boost Decision-Making Confidence
The Current Expected Credit Losses (CECL) standard has redefined how the industry assesses and prepares for potential credit losses. But with CECL now in wide use, validations are revealing that most institutions lack a robust ongoing monitoring process to ensure compliance, enhance decision-making, and safeguard financial health.
Key Components of Effective Ongoing Monitoring:
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Comprehensive Reports: Regular updates with in-depth analysis on allowance for credit losses, economic forecasts, and sensitivity analysis.
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Peer Group Analysis: Insightful comparisons with industry peers that enable you to benchmark your performance effectively.
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Robust Modeling: Advanced regression models that incorporate a variety of macroeconomic factors, providing precise and actionable insights.
CECL in Practice: Building Stronger Credit Risk Models
Ongoing performance monitoring is a common gap identified in CECL validations. Lets walk through the importance of addressing top validation findings, and get a closer look at DCG’s ongoing monitoring report, specifcally designed to help institutions strengthen monitoring practices, address common validation gaps, and gain greater confidence in decision-making.
Video: 2 Minutes
About CECL Ongoing Performance Monitoring
See how your institution’s loan performance metrics compare to your peers and the national average.
Virtual Walkthrough: CECL Ongoing Monitoring Report
This video will guide you through the contents of a sample report. Learn how to incorporate the customized information from your own report into your CECL monitoring framework.
Why CECL Ongoing Monitoring Matters
Regulatory Compliance and Confidence
Reduce regulatory and audit scrutiny by demonstrating a proactive and rigorous approach to credit loss forecasting.
Enhanced
Decision-Making
Utilize comprehensive coverage analysis and loan mix insights, tailored specifically for your institution to make informed strategic decisions.
Forwarded
Looking Insights
Leverage professional economic forecasts from reputable sources like Oxford Economics and the Federal Reserve’s scenarios.
Benchmarking and Peer Comparison
Compare your reserve levels against national and regional peers to gauge adequacy and identify areas for improvement.
Take the Next Step
For institutions that prioritize proactive credit risk management, DCG's CECL Ongoing Monitoring service can not only help you meet regulatory requirements, but it can also empower you to make strategic decisions with confidence.
Contact the DCG team about our CECL Ongoing Monitoring service and experience the peace of mind that comes with expert, data-driven credit risk management.
