Utilizing Technology to Enhance Your Model Risk Management Program

Webinar

Increasing emphasis is being placed on a prescriptive and enterprisewide process for banks and other financial institutions to manage, document, justify, and validate models to meet the expectations defined by the joint supervisory guidance published by the Office of the Comptroller of the Currency and the Federal Reserve (OCC 2011-12, SR 11-7).

This webinar explores approaches for enabling technology to support enterprisewide model risk management activities and shares how the highly customizable Crowe® Caliber application uses the Crowe Model Risk Management framework to define and enforce a consistent enterprisewide approach to meeting and executing on expectations prescribed by the supervisory guidance.

Key takeaways included helping you to:

  • Identify the critical components of managing an effective model risk management program that is consistent with supervisory guidance
  • Understand the elevated levels of examiner expectations in managing and demonstrating an effective model risk management framework
  • Explore approaches to enabling technology to support enterprisewide model risk management activities
  • Learn about the key features and functionality of Crowe Caliber