Learning outcomes

Training Introduction

The ECL MasterClass was designed to improve the level of knowledge in the field of modelling requirements from IFRS 9, the EBA Stresstest-Methodology, the EBA IRB-Guidelines and the upcoming Basel IV standards.

The MasterClass approach is vastly practical. It will help you to understand fundamental concepts and principles underlying the many new regulations and equip participants with the knowledge to handle the practical implementation challenges and to sort out the complex differences.

One of the reasons why GLC MasterClasses stand out from others is that our participants gain not only the knowledge from highly experienced and specialized professionals, but also learn how to apply the gained insights in real life.

The ECL MasterClass is essential for professionals in the field of accounting, auditing and finance, who are aiming for career development. The MasterClass will cover new regulatory topics, especially the Credit Risk Stress test, beside basic ethics.

Special features:

  • Best practices
  • Regulatory insight
  • Case studies
  • Templates and Step-by-step guides


Training includes:

  1. Learn how to interpret accounting requirements of IFRS 9 into a model context
  2. Find out how to align International Accounting Standards and EBA Requirements on EL-Provisions
  3. Run EBA-Stress Test on IFRS 9 data
  4. Combine EBA Baseline and Adverse Scenarios with IFRS 9 models
  5. Integrate Stress Test Foresight and Migration Methodologies
  6. Run SICR in a Stress Test Framework
  7. Observe SSM Guidance on NPL Valuation and Management
  8. Establish issues and solutions of 12 month and lifetime PD measurement
  9. Understand Steering Profits and Risks based on IFRS 9 and Integration of Stress Tests
  10. Unveil EBA- and ECB-Impact Assessments with overview on current Supervisory Responses to IFRS 9
  11. Become aware of critical issues to be solved with IFRS 9 in defaults, NPLs and Stage 3
  12. Determine Regulatory Capital: CRR and IFRS 9
  13. Determine the Basel and EBA Guidelines on ECL and current ECB developments
  14. Uncover Best Practice from the Supervisory Discussions with European Banks
  15. Identify how to combine the hedge accounting model and 3 Stage Provisions in IFRS 9

Training Schedule

*Please note that the agenda is illustrative, the program can change according to the actual, latest regulations, standards.

Day one

  • 09:00 Registration with Welcome Coffee

  • 09:15 Opening Remarks & Introduction

  • 09:30 Navigating through the Maze: IFRS 9, EBA-GLs, Stresstesting, the CRD/CRR Review and Basel IV

  • 10:30 Discussion of the latest IFRS 9 implementation issues

  • 11:00 Tea, Coffee, Networking

  • 11:20 Modeling PD and treating forward looking information under IFRS 9 and EBA-GL

  • 12:10 Luncheon & Networking

  • 13:00 Modelling LGD and Collateral Valuation

  • 14:30 Entangling 3 Stage Provisions and Hedge Accounting

  • 15:30: Lease Receivables: Impairment and Regulatory Treatment

  • 16:15 Tea, Coffee, Networking

  • 16:35 Steering Profits and Risks based on IFRS 9 and Integration of Stress Tests

  • 17:50 Feedback/Q&A

  • 18:15 End of Day 1

Day two

  • 08:10 Tea, Coffee, Networking

  • 08:30 Recap from Day 1

  • 08:35 Modelling Implications from the CRD/CRR-Review

  • 9:30 The new Basel IV Requirements in the modelling context

  • 10:30 Tea, Coffee, Networking

  • 11:00 EBA- and ECB-Impact Assessments on Capital and IFRS 9

  • 11:30 Defaults, NPLs and Stage 3: Critical Issues to be solved with IFRS 9 and ECP-Guidelines

  • 12:00 CRR Review and IFRS 9: Determining Regulatory Capital

  • 13:00 Luncheon & Networking

  • 14:00 Identifying Best Practice from the Supervisory Discussions with European Banks

  • 15:00 Which supervisors will challenge ECL-models and how?

  • 15:30 Workshop summary and Q&A

  • 15:45 Farwell Tea, Coffee and Networking

  • 16:15 End of Day 2

Training Program

Request detailed Agenda - Expected Credit Loss Modelling-Masterclass: IFRS 9, Stresstesting, EBA Guidelines/TRIM and Basel IV

Get insight into a similar past event

Get to know the Expert Trainer

David Grünberger, CPA
David Grünberger, CPAHeads the financial reporting enforcement unit at the Austrian Financial Market Authority

His team examines the financial reports of exchange listed groups for accounting errors. He also deals with prudential accounting issues of banks, aiming at the integration of IFRS and the CRR. He participates in the IFRS 9 working groups of ESMA, EBA, the European Central Bank and the European Systemic Risk Board and heads the national IFRS 9 implementation in the Austrian FMA. David published several books and over 80 journal articles on IFRS and credit risk valuation and lectures IFRS at two universities.

Who should attend?

CROs, CFOs, COOs, Presidents/VPs/EVPs/FVPs/SVPs, Global Heads, Department Heads, Managing Directors, Directors, International/Senior Managers OF:

  • Asset/Liability Management
  • Balance Sheet Management
  • Bank & Country Risk
  • Capital Management
  • Capital Modeling
  • Compliance
  • Counterparty Credit Risk
  • Credit Portfolio Management
  • Credit Research
  • FI Risk Management
  • Funding Risk
  • Funds Transfer Pricing
  • Interest Rate Risk
  • Portfolio Strategy
  • Prudential Policy
  • Quantitative Analysts
  • Risk Analysis
  • Risk Control
  • Risk Integration
  • Risk Methods
  • Risk Model Development
  • Risk Modelling
  • Risk Strategy
  • Stress Testing
  • Supervision/Regulation
  • Media Partners

and various Risk professionals in related Risk functions from Financial
Institutions across the Globe

Media Partners

Become a Media Partner

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Room reservation

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You can always register without a name using the TBA [To Be Announced] option. Please indicate TBA instead of the delegate name and 2 weeks prior to the event you are able to send the delegate name/s to booking[at]glceurope.com
While we are not happy to see you cancel your registration, we understand that “life happens” and other obligations come up. Our refund schedule is as follows:
The client has the right to cancel his/her registration in the event.
There is a 50% liability on all conference registrations once made, whether the booking was made through our website or via e–mail/ telephone/ fax.
If the client cancels with more than 8 weeks’s advance notice, GLC shall be entitled to an amount equivalent to 50% of the conference fee and 16 EUR administration charge. In case the client has already made his/her payment, this will be deducted from the conference fee GLC has already received and the remainder will be refunded. If no conference fee has been received prior to the cancellation request, GLC will issue an invoice for the cancellation fee (the amount equivalent to 50% of the conference fee and 16 EUR administration charge), which the client must pay immediately upon receipt. No refunds are available for cancellations received with 8 week’s (or less) advance notice or in case the client fails to attend the conference. In these cases, the full amount of the conference fee must be paid.
In general no VAT is applied based on the Hungarian VAT law with the exception of individual payment [when you would like to pay from your own budget and not from the company’s budget] and for Hungarian companies where 27% VAT is applicable which is refundable at the end of the company’s fiscal year.
Our hospitality partners usually have options available for parking places, however it can change from event to event. If you would like to receive more information on parking please e-mail our colleague susanna.juhasz[at]glceurope.com.
We provide a conference documentation pack which includes: conference agenda, notes pages and attendee information. Soft copies of some of the presentation are available on USB-flash-drives for each delegate. You may bring your laptop, tablet or other mobile device so you are able to review the presentations while they are being presented. Free Wi-Fi will be provided and outlets will be available for recharging computers, mobile devices and phones. We highly recommend you to bring along your business cards and a desire to learn from some of the industry’s leading experts.
The dress code is business casual. Feel free to leave the suits and ties at home this time. We do suggest you bring a sweater or dress in layers, as the conference room temperature may fluctuate.
Any of our staff members at the event will be delighted to help you. You can contact us for free via WhatsApp or Viber or any time over the phone or via e-mail or post.
  1. Get the timing right.
    Many people are afraid to request for training budget, because they can’t seem to find the “perfect time” to do it. Well, there’s no perfect time to ask for it, but there are definitely some moments that are better than others. For instance, if your boss is about to take a two week vacation, he/she might be in a good mood. If he/she just lost a major account, may not be wise at that juncture.
  2. Make a case for yourself
    When you ask for budget, you should be prepared with specific details and explanations about what is in it for the company and you’re superior. If you go into a meeting and just say, “I want to get budget for a conference,” it’s likely that your request won’t be taken seriously. If you want to plan ahead, then you should be prepared to explain the following points:
    1. Start by stating your accomplishments
    2. Show that you’re ready for more responsibility and eager to learn
    3. Describe:
    a) How this event will increase your productivity?
    b) How you will need less supervision
    c) How you can bring back the knowledge to the company
    4. Follow up
You might find free to attend events which are usually organized by a solution/service provider within the industry. Unlike at free to attend events, on a paid event you will find more diverse industry knowledge rather than presentations related to services or solutions.
In case you cannot attend for both days, you can always attend for just 1 day of the event. In this case we will send you all presentations of the 2 days. The participation fee is 70% of the original investment. In case you would like to attend the event for just 1 day please contact us on booking[at]glceurope.com
In case you are busy on 1 of the days, you certainly can split the 2 day conference with one of your colleague. All you need to do is send us an e-mail to booking[at]glceurope.com
We understand that not all senior-level professionals might be available on the dates. As the event is an annual event, most of the attendees try to postpone their engagements or send a small group from their teams to benefit from the conference.

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