Neal Boocock
Vice President, Credit Risk, SchoolsFirst Federal Credit Union
Neal Boocock is an experienced Credit Union professional with 20+ years of tenure at SchoolsFirst Federal Credit Union. Currently serving as Vice President of Credit Risk, Neal possesses a diverse background in operations, analytics, lending, finance, and credit risk management. In his current role, he plays a pivotal role in overseeing the credit union's allowance for credit losses account.
Notably, Neal successfully led the end-to-end implementation of SchoolsFirst's in-house solution to FASB's Current Expected Credit Loss (CECL) framework. A process that required statistical, loan level PD and LGD modeling in combination with the development of a discounted cash flow (DCF) methodology to ensure accurate and efficient credit loss assessment.
Appearances
IdentificationCU2403DateSeptember 9, 2024After a year of CECL implementation, the panel of credit union management, audit and consulting industry professionals will reflect to explore key insights on CECL trends…Speakers
Partner, Moss AdamsVice President, Credit Risk, SchoolsFirst Federal Credit UnionSenior Manager, Advisory Services, AbrigoAmy I. Doll, CPASenior Vice President - Accounting & Finance Services, CommunityAmerica Credit Union$49Standard Price
