This webinar discusses classification of models, regulatory guidelines over model risk management, principles in establishing model governance programs, and how and auditor can gain comfort that model risk management is effective.
Why Should You Attend:
Gaining a full understanding of model risk management practices and processes will help attendees provide valuable insight to their organizations. No longer is it acceptable to simply know that there are models being used throughout organizations. Instead, auditors and risk managers need to know how they are being used, how they are validated, whether the input and output are valid and how do they influence leadership decision making.Learning Objectives:
- Identify and classify models
- In depth discussion on model risk management design and implementation
- Creation of monitoring tools to ensure quality performance
- Confirm control design and implementation of reporting
- Share best practices already in place
- Provide insight to regulatory concerns
Who Will Benefit:
- Risk Managers
- Auditors
- Directors of Internal Audit
- Enterprise Risk Managers and Staff
- Quality control staff
- Compliance Officers
- Operations Leaders
- Operational Risk Leaders
- Business Executives
Speaker
Daniel ClarkCourse Provider
Daniel Clark,
