The time to get ready for the new current expected credit loss model (CECL) is now. As CEOs and boards know, there are many challenges facing community banks today besides CECL. They include an inevitable industry consolidation, slowing loan growth, rising interest rates and regulatory pressure on commercial real estate concentrations.

All these issues are driven by the same foundation: loans and deposits. And they need to be solved in tandem. The combination of these unique challenges warrant an analytical approach that is not only capable of recognizing, but also capitalizing on a rapidly changing banking environment.

In other words, how banks get ready for CECL can have a significant impact on other challenges they face. CECL goes hand-in-hand with strategic and capital planning, as well as stress testing. This session will educate attendees about the best way to get ready for CECL that will help them maintain a competitive edge in the marketplace.

Learning Objectives:

Bankers will learn why they should approach CECL with a strategic lens, rather than a compliance one. Attendees will learn what they must know to get ready for CECL implementation to maximize profitability.

Who Should Attend

C Suite & the Board Room

The Presenter:

Adam Mustafa is a co-founder of the Invictus Group and has been providing strategic analytics, M&A, CECL and capital adequacy advisory services to banks, regulators, bank investors, and bank D&O insurers since the beginning of the financial crisis.

Mr. Mustafa has overseen the design and implementation of fully-customized capital stress testing, capital management, CECL, and strategic planning systems for community banks ranging from under $100 million in assets to Dodd-Frank banks that have in excess of $10 billion in assets. Within the community banking space, he has advised acquisitive and high growth banks, banks under enforcement action and significant regulatory pressures, and de novo banks.

He has also been a featured speaker on stress testing for community banks at a number of conferences, including those hosted by regulators. Prior to joining Invictus, he had senior-level experience as a banker, financial services consultant and corporate CFO. He has an MBA from Georgetown University and a BA from Syracuse University.