Moody’s Analytics Knowledge Services, hosted an exclusive breakfast event in San Francisco on “Emerging Trends in Model Risk Management.” Over 40 CXO’s and Heads of Risk from leading corporates and commercial banks in the San Francisco Bay Area participated
in the interactive event.

The flag-off by Jacob Grotta, Managing Director and Head of the Risk & Finance Analytics, Moody’s Analytics, was followed by an insightful session by Craig Peters Senior Director, Head of Model, Validation and Governance, Moody’s Analytics.

The session focused on multiple facets of Model Risk Management in the current regulatory scenario. The following are some key takeaways:
  • Recent supervisory guidance and CCAR experience – is the easing of regulatory
    pressure a reality?
  • Model Governance with respect to Accounting Models (CECL/IFRS 9) and Anti-Money Laundering/Transaction Monitoring
  • Industrialization of the Model Governance Processes – pros and cons
  • Resourcing Trends – key skill attributes required in the current regulatory environment

An interactive panel discussion followed with two senior leaders: Boris Postler, Managing Director, Head of Americas, Model Risk Management, MUFG Union Bank, and Douglas Gardner, Head, Risk Independent Review and Control, Americas, BNP Paribas and BancWest.

Jacob Grotta
Managing Director,Global Risk & Finance Analytics
Moody’s Analytics
Boris Postler
Managing Director,Head of Americas, Model Risk Management,
MUFG Union Bank

Craig Peters
Senior Director,Head of Model Validation and Governance
Moody’s Analytics
Douglas Gardner
Head, Risk Independent Review and Control, Americas
BNP Paribas and BancWest