Model Risk Management: Regulatory Landscape; Industry Challenges and Moving Forward
02 Apr 2020
About the event
Model risk arises from errors in the design; development and implementation of models; leading to significant economic or reputational losses for financial institutions; if left unchecked. There has been heightened scrutiny from regulators on model risk in the aftermath of the global financial crisis. During this talk we will cover: What is model risk and why is it important?; The regulatory landscape for model risk management; The model lifecycle and model risk management framework; Model risk management for traditional models vs. machine learning models; The key challenges facing financial institutions.
Part of the Fitch Group, Fitch Learning partners with clients to enhance knowledge, skills and conduct. Fitch Learning is a global leader in training with experience of delivering specialised technical training at all levels to the financial community. Fitch Learning partner with clients to elevate knowledge and skills and enhance conduct.
We work with 9 out of 10 of each of the largest Investment Banks, Asset Managers and Global Banks and through state-of-the-art training centres in London, New York, Hong Kong, Singapore and Dubai, and our leading distance learning portals, we train more than 20,000 delegates each year.
