Listen On:
Key Takeaways:
- [03:32] Banks are reporting minimum increases in the things you would expect to see as warning signs like charge-off rates and delinquency rates.
- [11:20] Sophisticated modeling techniques are models that are built from lots of historical information, can tie variables together, and anticipate credit losses.
- [17:29] The credit unions that have a good understanding of their membership, markets, loan portfolios, and the ability to get some insight into those analytics may see some opportunities to expand into other product types.
Presented By
Tim McPeak
Principal Industry Consultant | SAS
Tim has more than 25 years of experience in the financial services industry with a specific focus on credit risk management. As a Principal Industry Consultant with the Risk Research & Quantitative Solutions division at SAS, he serves as an advisor to financial institutions and provides thought leadership on risk management initiatives including the Allowance for Loan and Lease Losses, Current Expected Credit Loss, Stress Testing, Model Risk Management and Credit Analytics.