Model Risk Management (MRM) sets the framework for optimal model performance, but when it comes to implementing a “right sized” process, where do you begin?

This session will provide a roadmap for successfully getting an MRM program off the ground. Starting with defining what a “model” is all the way to changing the cultural mindset of your organization, DCG Managing Director Mark Haberland will walk through the key steps to making MRM work for your institution.

Attendees will gain perspective on:

• Meeting the evolving regulatory expectations
• Developing policies, inventories, and risk ratings that make sense
• Establishing a robust “effective challenge” process
• Addressing cultural and technical challenges

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