Managing IFRS 9 Model under the Crisis

Learn about: Managing IFRS 9 Model Risk; Key Specific IFRS 9 Model Validation Issues; Managing and Validating IFRS 9 related Model Performance

Covid-19 has impacted the IFRS 9 expected credit loss (ECL) model and reporting, leading to challenges including model validation and economic scenarios modelling. Financial institutions are required to manage the IFRS 9 model and examine the credit risk under varying circumstances and assumptions. 

Model validation consequently becomes of even greater importance, as banks are now required to assess the lifetime loss expectation rather than just the previous one-year view, resulting in incorporation of forward-looking guidance and the development of appropriate models.  

The virtual course will consider the options and challenges in conducting IFRS9 model validation, key issues regarding IFRS 9 and the management approach to be taken. 
 

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What will you learn?
  • Overview of the IFRS 9 modelling challenges 
  • The model risks within IFRS9
  • The issues relating to data quality and availability
  • The key validation approaches 
  • The lifetime assessment
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Who should attend

Relevant departments may include but are not limited to: 

  • Credit Risk 
  • IFRS 9 Accounting Policy
  • IFRS 9 Reporting and control
  • Treasury and asset-liability management
  • Quantitative modelling
  • Risk management
  • Financial Accountants 
  • Financial Analysts
  • Treasury
  • Internal / external auditors 
  • Reporting 
  • Consultants
  • Regulators 

Live Virtual training courses

 

Our live virtual training courses have been designed to engage and inspire you. Much more than a webinar, our approach includes:

  • Technical content compressed into 60-minute interactive sessions and spread out over two, three or four days

  • Facilitated collaboration including Q&A, interactive polling and group workshops

  • Live interaction with subject matter experts – get your questions answered in real time

  • Receive comprehensive course materials and supporting content from Risk.net to reinforce your learning

  • Stay connected with other learners and extend your network by joining our dedicated LinkedIn group for course participants

Not the course for you?

Risk Training offers a great selection of courses providing practical guidance on the latest trends, challenges and regulatory changes that span risk management, regulation and derivatives.

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E-Learning

Risk Training’s self-paced E-Learning platform offers Essentials of Operational Risk programme, plus more topics to come soon.
 

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