AI and Risk Management

Build your knowledge of the application, challenges, and responsible practises for managing and using AI in financial services.

During this four-day virtual training course, participants will develop their understanding of typical use cases of AI in finance, how to manage the risks of AI and important aspects to consider when using AI.

Participants will have the opportunity to connect with subject matter experts to discuss regulation and explainability for AI and the typical challenges faced when managing data for AI models. A specific session on model risk management will also allow participants to learn how to apply model risk management frameworks, governance, and validation processes in the context of AI models. 

Key sessions focused on ethics, conduct, and operational risk will explore the implication of bias and error for AI models and the importance of identifying and mitigating the associated risks.

This course will help create an AI implementation roadmap for participants and insight into how AI is changing the face of traditional banking.


What will you learn?
  • Understand the typical use cases and how to manage the risks of AI

  • What approaches are used to satisfy explainability and interpretability of AI models

  • Develop appropriate data foundations for AI

  • How to adapt traditional model risk management frameworks for AI applications

  • Areas of focus considered when creating an AI implementation roadmap 

  • Identify ethical, operational and transformation challenges for banks when using AI

Who should attend?

Relevant departments may include but are not limited to: 

  • AI/ML

  • Risk management

  • Model validation

  • Data science

  • Operational risk

  • Digital innovation

Course highlights
  • Understanding AI in finance

  • AI, regulation and explainability

  • Preparing data for AI/ ML

  • Model risk management for AI

  • AI ethics and conduct

  • AI and operational risk

  • AI implementation roadmap

  • Forward looking trends for AI

Pricing options

We offer flexible pricing options for this course:

  • Early bird rates - save up to $500

  • Group booking rate - save over $1500

  • Subscribe to receive Risk Training updates and avoid missing out on additional savings 

Live Virtual training courses


Our live virtual training courses have been designed to engage and inspire you. Much more than a webinar, our approach includes:

  • Technical content compressed into 60-minute interactive sessions and spread out over two, three or four days

  • Facilitated collaboration including Q&A, interactive polling and group workshops

  • Live interaction with subject matter experts – get your questions answered in real time

  • Receive comprehensive course materials and supporting content from to reinforce your learning

  • Stay connected with other learners and extend your network by joining our dedicated LinkedIn group for course participants

Not the course for you?

Risk Training offers a great selection of courses providing practical guidance on the latest trends, challenges and regulatory changes that span risk management, regulation and derivatives.

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Risk Training’s self-paced E-Learning platform offers Essentials of Operational Risk programme, plus more topics to come soon.