What went wrong with Liquidity Stress Models in recently failed banks and how does it reflect on Stress Exercises going forward? The recent string of bank failures raises serious questions…

Fair lending analysis tries to estimate a causal effect between race, gender or age and credit decision or pricing based on consumer lending transaction data from mortgages, credit cards, and…

SR 11-7 and OCC 2011-12 have changed the landscape of model risk management broadly (…and for the better) and in particular the practice of model validation. This guidance, which is…

The Shape of Model Risk Management to Come by Kevin D. Oden, Ph.D., Managing Director, RMA Model Validation Consortium Ever since Harry Markowitz introduced modern portfolio theory, or mean-variance analysis,…

4 COMMON (AND NOT SO COMMON) TYPES OF ANTI-MONEY LAUNDERING (AML) MODELS PLUS OUR TIPS ON AML MODEL VALIDATION BEST PRACTICES by Kevin Oden, Ph.D., Managing Director, RMA MVC Scott…