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Bank Advisory

Bank Accounting & Regulatory Reporting

Our Bank Accounting Services involve us in providing specialist expertise on US GAAP and Interagency Guidance in areas including (but are not limited):

Current expected credit losses (CECL)

  • Development: Cohort / Open Pool, Vintage, SCALE, WARM / ELE Tool, Probability of Default (PD) / Loss Given Default (LGD), and Discounted Cash Flow (DCF)
  • Validation: Independent reviews of CECL models and loss estimation methodologies consistent with agencies’ model risk management guidance (MRMG)
  • Assessment: Independent reviews of CECL policies and procedures, process and control documents
  • Recommendation: Best practices of US GAAP and the Interagency Guidance


Regulatory Compliance & Risk Management

Our Bank Regulatory Compliance Services provide specialist expertise on regulatory compliance matters and risk management and preparations and remediation of regulatory examinations in areas including (but are not limited):

Validation, Policy & Procedures

  •  CECL Model / Methodology Validation: Independent reviews of CECL models and loss estimation methodologies consistent with agencies’ MRMG;
  • IRR & Liquidity Model Validation: Independent reviews of interest rate risk and liquidity risk models; and
  • Policy and procedures including (but not limited to): 

  1. Allowance for Credit Losses (CECL)
  2. Commercial real estate (CRE) Lending
  3. Leveraged Lending


Internal Audit Support

Our Internal Audit Support Services involve us in working with the internal auditors providing expertise on regulatory requirements such as Section 404 of the Sarbanes-Oxley Act (SOX) or the Federal Deposit Insurance Corporation Improvement Act (FDICIA). This support may comprise:

Internal Audit

  • Internal audit sourcing / co-sourcing
  • Control documents (process narratives, flowcharts, control matrix)

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