Synergy Partners
ALLL VALIDATION & LOAN LOSS RESERVE, PROVISION EXPENSE AND CHARGE-OFF FORECASTING SERVICES
Leveraging our industry leading compliance and analytical expertise, we have developed our ALLL Validation & Loan Loss Reserve, Provision Expense and Charge-Off Forecasting Services to assist you in accurately forecasting credit losses and computing loan loss provisions to facilitate compliance with new regulatory requirements. Build a defensible position around your reserve methodologies and respond to regulatory scrutiny with confidence !!
Our ALLL Analytical Services include:
- A dynamic review of credit risk in your overall loan portfolio and sub-portfolio types.
- Trend analyses over time (where relevant data is available), showing recent and longer term trends.
- Peer Group Benchmarks in relation to the applicable portfolios
- Comparative analyses of risk and trends across loan type metrics
- Reserve validation and differentiation of various ratios for alternative portfolios and sub-portfolios.
- Loan Type Loss Forecasts, identifying collection priorities and performance management.
Through this analysis, our analysts develop focal points for a fair lending review based on the risks and vulnerabilities in the program. By the end of our engagement, you will receive our expert analysis on each component of risk and corrective action recommendations, ensuring that any primary areas of concern are addressed.
Suffice it to say, fair lending is high on the regulatory radar and you should have this area targeted for evaluation based on your bank’s risk profile.
Keep in mind, the consequences of not fully complying with fair lending regulations may be severe — not only financially, but also from a reputation perspective.