Mastering model governance
How do you make your financial models reliable, accurate and compliant with regulatory standards? The answer lies in an effective model governance framework.
Financial institutions like yours are expected to implement an appropriate governance program that includes independent audit and testing, model documentation and standards change management. Additionally, it is essential to maintain an inventory of all your models to ensure that third party vendors are compliant. A key component of model governance is model validation – helping you ensure your models are functioning as intended, meeting regulatory requirements and aligning with business goals.
Baker Tilly is here to help you take control of your model governance program and understand all aspects of implementing a streamlined process. Join our webinar on April 22 as we cover the fundamentals of model governance—from regulatory compliance to best practices—allowing your bank to manage and ensure your models are operating effectively.
Learning objectives
- Understand the aspects to maintain compliance
- Review elements of a functioning model governance program
- Assess common issues when implementing a comprehensive model risk management practice
- Learn the importance of model validation and how to effectively implement it in your governance framework
Information about CPE eligibility
There are no prerequisites for this webinar, and advance preparation is not required. There is no cost to attend this webinar. A certificate of completion will be emailed to you four to six weeks after the event.
Level: Overview
CPE credit: One (1) hour total credit
Field of study: Specialized Knowledge
For more information regarding administrative policies such as complaint and refund policies, please email learning@bakertilly.com.
Baker Tilly is registered with the National Association of State Boards of Accountancy as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: nasbaregistry.org.