ABA Webinar – Role of Consultants in Successful Model Validation

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Date: Wednesday, November 20, 2019 | 2:00 PM - 3:30 PM

Venue: Your Computer,

Description: Managing Director Salvatore Zerilli, CPA, CAMS, of Mercadien’s Financial Institutions Services Group, will be presenting a webinar on the Role of Consultants in Successful Model Validation from 2 – 3:30 PM Eastern Time on November 20th for the American Bankers Association (ABA).

Role of Consultants in Successful Model Validation
With more models and business lines falling under increasing regulatory scrutiny, ensuring an effective model control framework and validation process is crucial to bank compliance and risk management. Each phase of the model validation process requires significant resources and planning to support staffing and training, internal and vendor technology systems, testing, monitoring, analysis and reporting. This one-hour webinar will focus on the insights and advantages that independent experts can bring to these critical activities, and on how banks can leverage them to achieve optimal outputs, effective and sustainable model risk governance and strategic objectives.

Discussion Highlights

  • List the elements of model control framework and model validation
  • Identify components and key differences of models
  • Evaluate vendor vs. internal models and systems
  • Determine challenges/best practices in data , system validations and performance monitoring
  • Assess outcomes, stakeholders and consultants

To find out more information about this event, or to register, visit the ABA Regulatory Compliance Conference website at: https://www.aba.com/training-events/online-training/the-role-of-consultants-in-successful-model-validation

Presenter: Salvatore Zerilli, CPA, CAMS, Managing Director & Chair, Mercadien’s Financial Institutions Services Group