Successfully rolling out & embedding the MRM Framework
This event is closed. To view the current event click here.
Presented by Peter Plochan
Thursday, May 3, 2018
24-hour on-demand access begins at 12:00 am ET
Session length: 90 minutes
This is Session Five of five part series. Register for this session or the full series.
About This Session:
During this last session we wrap up the course with discussing the role that MRM systems and MRM reporting play in integration & cooperation of the components of MRM framework. We will go through the success factors, provide practical tips and share MRM experiences from large banks in the industry.
Key topics addressed in the Session 5:
Recap: Model lifecycle, MRM Framework, Inventory and Quantification
Key factors & prerequisites for successful & sound MRM framework
The Managing & Embedding Role of MRM reporting & real examples
The Integration & Automation & Enablement Role of the MRM systems & real examples
Manage Model Risk as any other financial risks.
The MRM maturity stages on the roadmap to efficiency
Key tips for success
Who Should Attend:
Enterprise Risk Managers; Model Risk Management Professionals; Model Developers; Model Validators; Operational Risk Managers; Risk Governance professionals; Risk Management Consultants; Auditors; Regulators.
How It Works:
Register to attend all five sessions in this series or mix and match to fit your schedule. Each course will be available for a 24-hour period on the starting date and time, to accommodate your schedule and time zone. During the session you will have the opportunity to submit questions to Peter. He will prepare a customized response to you within 72-business hours. Questions must be submitted during the 24-hour open course period. Included in your purchase is access the recording for 60 days following the original course date and a PDF of the course handouts.
Registration Fee:
Sustaining Member $89 |Contributing Member $99 |Non-Member $109
Topics in This Series:
The series is structured into 5 sessions addressing the key elements needed for designing and embedding of a sound MRM Framework:
Register for individual sessions or the entire series, available on our course listings page.
Session 1, April 5: Introduction to Model Risk Management (MRM)
Session 2, April 12: Setting up MRM framework across the Modelling Lifecycle
Session 3, April 19: Establishing Model Inventory and Model Governance
Session 4, April 26: Measuring the Model Risk & Model Validation
Session 5, May 3: Successfully rolling out & embedding the MRM Framework
About Our Expert:
Peter Plochan is the Austria Risk Practise Lead at SAS Institute assisting financial institutions in Austria and across Europe in dealing with their challenges around Model Risk Management, Enterprise Risk Management, Risk Regulations and Risk Governance & Compliance. Peter has a finance background (Master’s degree in Banking) and is certified Financial Risk Manager (FRM) with 10+ years of experience in risk management in financial sector. He has assisted various banking and insurance institutions with large-scale risk management implementations while working both internally and also externally as a risk management advisor (PwC).
Peter has also delivered number of successful PRMIA risk management webinars and is a member of the Vienna PRMIA chapter Steering committee.
Peter can be reached at [email protected].
Continuing Risk Learning Credits: 1
PRMIA Continuing Risk Learning (CRL) programs provide you with the opportunity to formally recognize your professional development, documenting your evolution as a risk professional. Employers can see that you are not static, making you a highly valued, dynamic, and desirable employee. The CRL program is open to all Contributing, Sustaining, and Risk Leader members, providing a convenient and easily accessible way to submit, manage, track and document your activities online through the PRMIA CRL Center. To request CRL credits, please email [email protected].