Director Model Review and Model Validation,

The Model Validation Group runs the Model Risk Governance Program, which supports and implements the Model Risk Governance Policy for mitigating model risk.  The Director Model Review and Model Validation will play a supervisory role in the MVG, focusing on reviews of models to make business and operating decisions—most notably regulatory and economic capital models, as well as insuring the implementation of Model Risk Governance Program guidelines and requirements.  These models are in areas including wholesale credit risk (e.g., probability of default, loss given default, exposure Read more […]

June 10, 2009 • Tags: , • Posted in: Financial • Comments Off on Director Model Review and Model Validation,