Managing an Effective and Compliant Model Risk Management Program

Financial institutions have become increasingly dependent on a variety of models to support their economic, financial, and compliance decision-making processes. As models have proliferated and examiner expectations continue to rise within the issuance of Supervisory Guidance on Model Risk Management (OCC 2011-12, Fed Letter SR 11-7), managing model risk has become more challenging for these institutions.

This webinar addressed how organizations can learn from these expectations and capitalize on them to meet their own business and regulatory needs.

Key takeaways include helping you to:

  • Identify the critical components of managing an effective model risk program consistent with supervisory guidance.
  • Apply prescriptive and quantitative approaches to model management that are consistent with recent supervisory guidance.
  • Use and leverage the skills and resources of intersecting parties responsible for managing model risk.

 

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This webinar was presented by:

Brook Behm
616.233.5566
brookton.behm@crowehorwath.com

John Epperson
630.575.4220
john.epperson@crowehorwath.com

Ryan Luttenton
630.990.4484
ryan.luttenton@crowehorwath.com



Additional Resources
  Making Bank Model Risk Management More Effective   Effective Model Risk Management for Financial Institutions: The Six Critical Components
  Crowe Caliber for Model Risk Management: Implementing Consistent Model Risk Management Practices Across the Organization     Developing an Effective Model Risk Management Program With a Proactive Solution



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Schedule time with a Crowe Horwath LLP practicing professional today by contacting Vicky Ludema at 800.599.2304 or vicky.ludema@crowehorwath.com.