The GFMI 2nd Edition Model Risk Conference will help banks understand what the new guidelines really mean for them in practice and how they could successfully incorporate them into their existing model risk management activities.
New Areas of Focus in 2013:
--Understanding risks associated with the new regulations that affect model risk
--Practical application of model risk; driven by the OCC and Fed policy paper
--Stress tests, back tests and scenario testing
--Role of internal audit in model risk management
--Optimizing model risk governance in the organization
Key Drivers of the 2013 Conference:
1. Recent scandals within the industry, including the SEC case with Barr Roseberg and the JP Morgan London Whale case – resulted from overlooked and undermanaged model risk
2. The OCC and the Fed have recently released new guidelines on model risk management, which every bank should incorporate – as a result, banks need to modify their existing model risk management practices
Experience highly interactive conference sessions, 10-15 minutes of Q&A time after each presentation, 4+ hours of networking and exclusive online access to materials post-event. This is not a trade show; our conference series is targeted at a focused group of senior level executives to maintain an intimate atmosphere for the delegates and speakers. Since we are not a vendor driven conference, the higher level focus allows delegates to network with their industry peers.