Protiviti Webinar: Managing Credit Risk and Mitigating Losses through a Crisis and Beyond

In today's environment, spurred by and rapidly changing due to the COVID-19 global pandemic, governments and regulatory authorities across the world, have acted quickly to provide economic relief for consumers and businesses that are most impacted. While lending organizations are moving quickly to operationalize changes to address the crisis, proactive institutions are also looking ahead. Long after relief programs have ended, those who have considered the risks and longer-term impacts will be best positioned coming out of the current crisis and beyond.

Following this webinar, you will be able to:

• Discuss vulnerabilities created by the crisis and government action to assist borrowers and lenders, such as:
  • Coronavirus Aid, Relief, and Economic Security (CARES) Act
  • Paycheck Protection Program (PPP)
  • Regulatory guidance updates on Troubled Debt Restructures (TDRs)
• Assess near and long-term actions to support borrowers while mitigating credit risk and potential losses during the government support period and beyond
• Evaluate the financial impact on credit portfolios and understand how to incorporate related scenarios into forecasts that flow into Current Expected Credit Loss (CECL) and stress testing models.