Forecasting

Forecasting

Storyboard Text

  • Initial Loss Forecast
  • CRO/SCO Review Meeting
  • InitialControls
  • Great feedback! I'll share the meeting minutes
  • - Actuals data updated- Received other information & Forecast updated- Remaining controls completed- Forecast Deck created
  • E-mail Sent for Approval on day of Submission
  • 
  • Risk Team
  • CL Leadership
  • Approved!
  • 
  • Forecast & Controls look good. Great Job!
  • Forecast uploaded in STARESubmit / re-submit in STARE
  • Receive imprecision direction from CCAST for CECL
  • Oh No! I'll have to update all Documents & send for approval again!!
  • 
  • Risk Team
  • CL Leadership
  • Request to review & approve
  • I already approved it. Why do I have to approve multiple times?
  • 
  • Approved!
  • Loss Forecast
  • Final Certification in STAREFinal Control completed
  • Risk Team
  • Controls
  • Finally, Forecast & controls are completed. Need to prepare for next Forecast now!!
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