Free Webinar:
Don’t Let Your Financial Risk Models Drift Off Course

Are your risk models still performing as expected? Or are they slowly drifting off course, potentially exposing your bank to unexpected issues? How can you know?

In today’s rapidly changing environment, data distributions and relationships can shift. Even your sophisticated and insightful models might deviate from their original purpose, possibly leading to a misrepresentation of risk. This challenge is common among financial institutions and is crucial to address amidst constant and sometimes unpredictable change.

Learn why frequent model monitoring is now an essential best practice, and what you need to more easily and accurately monitor and adjust models.

In this information-packed webinar, you’ll learn:

  • What “model drift” is and why it’s dangerous if left unchecked
  • The two main types of drift that can degrade model performance over time
  • Key statistical tests you need to detect distribution shifts in your data inputs
  • How to assess model performance using key metrics to validate model output
  • Best practices for model monitoring cadence, setting risk thresholds, and executing remediation plans
  • Real-world examples in the financial risk domain

This webinar is a must-attend for:

  • Anyone responsible for ensuring their models remain accurate and effective, including:
    • Risk managers
    • Model developers
    • Product owners

Join your expert webinar hosts:

Emma Hadley

Emma Hadley

Business Analytics Consultant

Emma, a Business Analytics consultant at FRG, has worked on projects involving CECL, CCAR, IFRS9, and EWST. She is a member of FRG’s climate risk analytics team, collaborating on the initial and continued development of climate risk products to measure and visualize the material impact of climate events. Emma is an experienced technical writer, has implemented model updates on client stress testing platforms, as well as assisted in credit risk model development. She has a background in economics from the University of North Carolina Wilmington and is fluent in SAS and Microsoft Office Suite. 

Emily Carrigan

Emily Carrigan

Business Analytics Consultant

Emily Carrigan, Business Analytics Consultant at FRG, has over 15 years of experience in education & training.  She has worked on projects in several domains and is an expert at matching learning materials to learners’ needs. Since joining FRG, she has generated multi-modal learning materials for multiple clients, led facilitated learning sessions for client software, and served as a project manager.  She is also skilled at generating questions for hypothesis testing and developing data analytic plans to help answer those questions. Emily has FFR (Foundations of Financial Risk) certification and is fluent in the Microsoft Office Suite, Markdown, and R.

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Get the tools and knowledge to improve your handle on model monitoring.