Over the past several months, financial institutions have faced continual updates, changes, and mandates from the government and regulatory bodies. One vital communication from the regulators is the “Interagency Examiner Guidance for Assessing Safety and Soundness Considering the Effect of the COVID-19 Pandemic on Institutions” issued in June. This on-demand webinar discusses what examiners will assess as it relates to safety and soundness standards and what financial institutions can do to prepare for these evaluations.
At the end of this session, you will be able to:
- Recognize the areas requiring risk assessment and documentation for your Safety and Soundness Examination
- Discuss credit risk management, including problem loans and loan modifications
- Recognize management’s responsiveness to the COVID-19 pandemic and its impact on regulatory rating systems, such as CAMELS
Who should attend
This session is designed for financial institution management teams with responsibility for managing and monitoring risks, including those created by COVID-19, and implementing policies and procedures that are evaluated during safety and soundness examinations.