Mastering Model Governance 2025 | Baker Tilly US | 22 April 2025 | Webinar

How do you make your financial models reliable, accurate and compliant with regulatory standards? The answer lies in an effective model governance framework.

Financial institutions like yours are expected to implement an appropriate governance program that includes independent audit and testing, model documentation and standards change management. Additionally, it is essential to maintain an inventory of all your models to ensure that third party vendors are compliant. A key component of model governance is model validation – helping you ensure your models are functioning as intended, meeting regulatory requirements and aligning with business goals.

Learning objectives
• Understand the aspects to maintain compliance
• Review elements of a functioning model governance program
• Assess common issues when implementing a comprehensive model risk management practice
• Learn the importance of model validation and how to effectively implement it in your governance framework