Course description
Risk Model Validation
This online training course has been specifically designed to focus on the assessment of risk models in the context of concrete risk model implementation.
Attendees will leave the course with a toolbox to raise the key questions when it comes to integrating the results of quantitative risk models into business decisions.
There are numerous validation tools available and the course will individually describe these tools and their application in practice.
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Upcoming start dates
Suitability - Who should attend?
Who should attend?
Relevant departments may include but are not limited to:
- Risk model validation
- Model risk
- Risk management
- Market / credit risk management
- Stress testing
- Model review
Outcome / Qualification etc.
What will you learn?
- Understand the elements of risk models and risk model failures
- The regulatory expectation of risk model validation
- The tools to check the limits of quantitative risk models
- How to implement a validation strategy for your own institution
- The use of data and reporting requirements
- Understand the typical set up of a quantitative risk model
Attendees will leave the course with the ability to:
- Evaluate the validity of a model;
- Judge the model’s quality, consistency and regulatory compliance;
- Improve a framework for validation; and
- Tailor a model-risk approach for your institution
Training Course Content
Sessions include
- The origin of risk models
- Elements of risk models and risk model failure
- Building a roadmap for validation
- Toolbox one: machine learning and market risk
- Toolbox two: credit portfolio models
- Toolbox three: credit risk
- Looking back and looking ahead
Course delivery details
Live Virtual training courses
Our live virtual training courses have been designed to engage and inspire you. Much more than a webinar, our approach includes:
- Technical content compressed into 60-minute interactive sessions and spread out over two, three or four days
- Facilitated collaboration including Q&A, interactive polling and group workshops
- Live interaction with subject matter experts – get your questions answered in real time
- Receive comprehensive course materials and supporting content from Risk.net to reinforce your learning
- Stay connected with other learners and extend your network by joining our dedicated LinkedIn group for course participants
Why choose Risk Training
5,000+ Attendee's per year
500+ Companies per year
95% Satisfaction rate
Customer Outreach Award 2019
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Expenses
Course pricing structure
- Early bird rate: USD $1299 / person
- Standard rate: USD $1799 / person
- Group rate 3for2 (based on Standard rate): USD $1199 / person