Expectations Continue to Rise: Best Practices in Model Audit - Webcast

Best Practices in Model Audit Webcast
Expectations Continue to Rise: Best Practices in Model Audit - Webcast

Having a strong model risk management program in place is a critical strategy against the potential for significant loss across your organization. Establishing strong model risk management and robust effective challenge, along with robust controls and transparency of assumptions and limitations, enable better decision making across the organization. Additionally, consistent application of model risk management provides Executive Management and Boards of Directors with a significant level of confidence in the organization’s capabilities. Stay ahead of increasing regulatory expectations with a proactive model risk plan.

Key Learnings :

  • Recognize the critical steps to setting up a model risk management program
  • Discover why continuous monitoring should be essential to your plan
  • Analyze the Top 10 issues in Model Validation and their potential impact on your organization
  • Identify how to enhance the First, Second and Third Lines of Defense for model risk management

Speakers :

Managing Director,

    Todd is a Managing Director in the Model Risk practice of Protiviti’s Data Management and Advanced Analytics Solution. Todd focuses on risk modeling and model validation for Market, operational, Credit, and Conduct Risk. He has developed model governance processes and risk quantification processes for the world’s largest financial institutions and is an SME for internal audit of the model risk management function.


    Ben Shiu has 18 years’ experience in developing, validating and reviewing credit risk stress testing and ALLL models. Before joining Protiviti, he worked for several top U.S. banks and focused on developing internal credit risk models, retail credit portfolio management strategies and wholesale credit model development.

    Senior Consultant,

    Nick is a Senior Consultant in the Model Risk Practice, and has more than three years of business experience working with a variety of financial service organizations to enhance their business performance through enhances model risk management and governance. Nick joined Protiviti in July 2014 after graduating, cum laude, from the University of San Diego with a B.B.A. in Business Economics and a minor in Finance.

    Duration: 60 minutes


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