Ed Young is a senior director at Moody’s Analytics. In his role he works to meet customer needs with capabilities for credit risk quantification, capital planning, model risk management and IFS 9/CECL compliant allowance processes. Prior to joining Moody’s Analytics, Ed spent ten years at the Federal Reserve working on supervisory initiatives for capital planning, liquidity planning and model risk management. Earlier in his career he gained experience in balance sheet management working at a large regional bank.
The regulatory relief legislation rolls back several stress test requirements for regional and midsize banks, putting more onus on financial institutions and their regulators to ensure banks are managing their risk appropriately.