Event Profile

Model Risk Management (MRM) establishes the foundation for ensuring optimal model performance. Yet determining how to implement a “right-sized” approach can be challenging for many institutions.

This session provides a roadmap for building a strong MRM program from the ground up. Beginning with a practical definition of what constitutes a “model,” the webinar walks through the essential components of an effective framework; including governance, processes, and cultural mindset. Attendees will learn the key steps required to develop an MRM program that fits their institution’s size, complexity, and strategic needs.

Learning Objectives:

• Analyze evolving regulatory expectations.
• Develop policies, inventories, and risk rating methodologies that appropriately align with regulatory guidance and organizational needs.
• Establish and apply a robust “effective challenge” process.
• Evaluate and address both cultural and technical challenges.

Duration: 60-minutes

Presented live and recorded on 4/29/26.