
Neal Boocock
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.