by Jonathan Leonardelli, FRM | Sep 26, 2024 | Model Development
This blog series explores the stages of the Model Development Lifecycle so that you understand the components of model development and maintenance as well as where potential sources of model risk can reside. Read the first post here for an introduction to the series...
by Samantha Zerger | Oct 15, 2019 | CECL
The Board of Governors of the Federal Reserve System’s SR 11-7 supervisory guidance (2011) provides an effective model risk management framework for financial institutions (FI’s). SR 11-7 covers everything from the definition of a model to the robust...