Credit Risk under COVID-19 Uncertainty
Thought Leadership Webinar: Default risk capital requirements are calculated based on input variables, which are currently uncertain due to the significant COVID-19 economic impact on banks’ lenders. In this webinar, we will discuss a pragmatic approach to increase confidence in the calculation of credit risk capital.
Presented By:
Elmarie Van Breda
Director, FinRisk
Date:
August 5, 2020
Time:
10:00 a.m. - 11:00 a.m. EDT
3:00 p.m. - 4:00 p.m. BST
Session Length:
60 minutes
Due to the intermediating role banks are playing to bring relief to companies effected by the COVID-19 pandemic, both impairment provisions (IFRS9) and Capital (Basel RWA) requirements are increasing. The input variables, e.g. PD, EAD and LGD, to these models have changed and currently it is still uncertain what the values are. How do we get more certainty ensure prudent capital allocation for default risk? How can the medium to long term default risk exposure be limited?
Attending this webinar will give insight into the COVID-19 pandemic impact on banks' credit provisions and capital. We will share a pragmatic approach to get more certainty around the inputs to capital requirements for default risk.
| About Our Experts |
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Elmarie Van Breda works globally in the banking industry and is currently director of FinRisk. She has held strategic leadership roles with Finastra, Standard Bank, GloxoSmithKline, Predalgo, Aeriaq, Alloymin, and others, leading diverse teams and clients with large geographic mandates in systems, improvements, risk management, data and mathematics. She is a Risk management expert in Credit risk, Market risk, IFRS9, ALM, and Liquidity. She is an experienced architect in the implementation of risk systems and how to use the results to manage sell-side financial risk. Elmarie developed negotiation skills through vendor negotiations, pre-sales and project experience. With her entrepreneurial spirit she has involvement in 6 start-ups behind her.
Elmarie holds a Computer Science degree from the University of Stellenbosch with post-graduate studies in Mathematical Statistics, Operations Research, and Financial Trading.
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| Continued Risk Learning Credits: 1 |
PRMIA Continued Risk Learning (CRL) programs provide you with the opportunity to formally recognize your professional development, documenting your evolution as a risk professional. Employers can see that you are not static, making you a highly valued, dynamic, and desirable employee. The CRL program is open to all Contributing, Sustaining, and Risk Leader members, providing a convenient and easily accessible way to submit, manage, track and document your activities online through the PRMIA CRL Center. To request CRL credits, please email [email protected].
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Registration |
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Members (Sustaining, Corporate, RIM & Contributing)
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COMPLIMENTARY |
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Non Member |
$30 USD
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Online registration not available.