A large North American credit union improves capital reserving process with ALLL model validation
A large North American credit union improves capital reserving process with ALLL model validation
4 PagesDESIGN • TRANSFORM • RUN A large North American credit union improves capital reserving process with ALLL model validation GeNerA tiNG BANkiNG & fiNAN ciAL services imp Act Case Study client A large North American credit union industry Financial services Business need addressed • The client had developed and proactively adopted a new capital plan adhering with recently published National Credit Union Administration (NCUA) guidelines • Genpact independently reviewed and assessed the model risk inherent for the client’s ALLL - Allowance for loan and lease losses model. The team highlighted key model shortcomings and suggested improvement areas Genpact solution • Checked the conceptual soundness and verified statistical accuracy and stability of the ALLL model and suggested p
