Mark Haberland
Going Beyond the "Tick & Tie"
It's time for your next model validation, but who should perform it - and how? Regulators make it clear that model validation is...
Bank & Credit Union Insights
Michael Guglielmo
- Apr 11
Getting Model Risk Management Right
Good model stewardship demands policies, sound data, education, documentation, and follow-through.
Mark Haberland
- May 11, 2021
Making Sense of BSA/AML Validations
April 4, 2021 marked the tenth anniversary of Model Risk Management (MRM) in the banking community. New interagency guidance for MRM...
Tim Daniels
- Apr 14, 2021
Effective Challenge: Necessary Evil or Valuable Opportunity?
Everyone has that one friend, relative or neighbor who always seems to ask the one question you don’t have an answer for...
Mark Haberland
- Mar 30, 2021
Get Your Model Risk House in Order
ALCO is the lifeblood of your organization, and the decisions that you make there have wide-ranging implications. So it stands to reason...
Erin Cunningham
- Nov 17, 2020
Assumption Overrides: A Cautionary Tale
A few years ago, I was assigned as the analyst and modeler for a new DCG Advisory client. They had been performing their...
Michael Guglielmo
- Sep 10, 2020
A New ERA of Elevated MRM and Data Governance
The pronounced economic changes and challenges we have been experiencing over the past year is triggering renewed attention in...
Michael Guglielmo
- Feb 19, 2020
Ongoing Performance Monitoring
Ongoing performance monitoring (OPM) is a critical component of successful model risk management...