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.
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
Who should attend?
Relevant departments may include but are not limited to:
Risk model validation
Market / credit risk management
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
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