Risk Model Validation

This online training course has been specifically designed to focus on the assessment of risk models in the context of concrete risk model implementation

This online training course has been specifically designed to focus on the assessment of risk models in the context of concrete risk model implementation. 

Attendees will leave the course with a toolbox to raise the key questions when it comes to integrating the results of quantitative risk models into business decisions. 

There are numerous validation tools available and the course will individually describe these tools and their application in practice. 

Attendees will leave the course with the ability to: 

  • Evaluate the validity of a model; 
  • Judge the model’s quality, consistency and regulatory compliance; 
  • Improve a framework for validation; and 
  • Tailor a model-risk approach for your institution 

The course is delivered in 90 minute interactive sessions spread over three days. Attendees will have the opportunity to get their specific questions and challenges addressed by subject matter experts Peter Quell and Christian Meyer. 
 

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What will you learn?
  • Understand the elements of risk models and risk model failures 

  • The regulatory expectation of risk model validation  

  • The tools to check the limits of quantitative risk models 

  • How to implement a validation strategy for your own institution 

  • The use of data and reporting requirements 

  • Understand the typical set up of a quantitative risk model 

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Who should attend?

Relevant departments may include but are not limited to:

  • Risk model validation 

  • Model risk 

  • Risk management 

  • Market / credit risk management 

  • Stress testing 

  • Model review 

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Sessions include
  • The origin of risk models 

  • Elements of risk models and risk model failure

  • Building a roadmap for validation 

  • Toolbox one: machine learning and market risk 

  • Toolbox two: credit portfolio models 

  • Toolbox three: credit risk 

  • Looking back and looking ahead 

Online training

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 and 90-minute interactive sessions and spread out over three 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 Risk.net 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 in finance, risk management, regulation and derivatives across North America, Asia and Europe for you to choose from.

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