Spring MRM Series #1: Model Risk Management 101 - A Step-by-Step Guide

Mark Haberland

Managing Director

Darling Consulting Group

With nearly 30 years of experience in balance sheet and model risk management, hands-on experience in audit and leading the operations of DCG’s Financial Analytics Department, Mark has unique expertise for optimizing and “right-sizing” risk management in the community, mid-size, and large banking space.

In his current role, Mark facilitates educational programs and collaborative workshops and is a trusted resource for financial institutions, industry, and state trade associations, as well as regulatory agencies on a variety of balance sheet and model risk management/validation topics, including IRR, Liquidity, CECL, BSA/AML, MRM/ERM, and ALCO.

Mark is a frequent author and top-rated speaker on a vast array of risk management topics and is Past-Chairman of the Financial Managers Society’s Board of Directors. The son of an educator and member of the faculties of Pacific Coast Banking School and Southwest Graduate School of Banking, Mark’s passion for teaching drives his desire to work with bankers to strive for excellence within their organizations.

Mark lives on the North Shore of Boston with his wife, two children, and two dogs. He is a graduate of St. Michael’s College in Vermont with a degree in accounting.

Model Risk Management (MRM) sets the framework for optimal model performance, but when it comes to implementing a “right sized” process, where do you begin?

This session will provide a roadmap for successfully getting an MRM program off the ground. Starting with defining what a “model” is all the way to changing the cultural mindset of your organization, DCG Managing Director Mark Haberland will walk through the key steps to making MRM work for your institution

Attendees will gain perspective on:

Meeting the evolving regulatory expectations
Developing policies, inventories, and risk ratings that make sense
Establishing a robust “effective challenge” process
Addressing cultural and technical challenges