Did Your Validation Catch This? The Importance of Looking Beyond The “Checklist”
The current rate environment is both unfamiliar and unprecedented, and bankers are looking for help to navigate the challenges they face every day. The models being utilized for risk management purposes are becoming more sophisticated, and the time available to both maintain them and incorporate the output into strategic decision making is diminishing.
Model validations have historically focused on compliance, a more “check-the-box” approach to ensure the process is in line with regulatory expectations. The true power of these models can be unleashed through a more integrated (or “Wholistic”) approach at ALCO, and utilizing that same approach with your validation can help you get there.
Through discussion and case studies, see how risk models are continually evolving to keep pace with the changing environment and how to incorporate these models into your risk management process to ensure you are prepared for whatever comes your way.
Who Should Attend: CEOs, President, CFO’s, Model Managers, CROs, Controllers, ALCO Members
- Explore what can be missed in a compliance-focused validation
- Uncover often overlooked aspects of validations and the impact they have on results
- Learn the importance of integrating risk modeling in today’s environment
- Navigate how best to utilize the information the models provide for strategic decision making
- Walk through best practices of “high performing” ALCOs
Darling Consulting Group
Mark has over 25 years providing balance sheet and model risk management education and consulting to the community and mid-size banking space. A frequent author and top-rated speaker on a wide array of risk management topics, Mark facilitates educational programs and workshops for numerous financial institutions, industry and state trade associations, and regulatory agencies. He is also a member of the Financial Managers Society’s Finance Council. Mark has been with DCG since 1997 holding many roles and responsibilities, including leading the operations of the firm’s Financial Analytics Group for many years. In his current role, Mark’s passion for teaching and collaboration 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 and two children. He is a graduate of St. Michael’s College in Vermont with a degree in accounting.
|Pricing For||Price||Season Pass|
Season Pass Members receive 4 individual logins to every webinar
Participants will earn 1.0 CPE credit
Field of Study: Specialized Knowledge
Advanced Preparation: None
Program Level: Basic
Delivery Method: Group Internet Based
Refunds and Cancellations: Webinar registrations are non-refundable. If the registrant is unable to attend the designated time and date of the webinar, a playback link and any written materials will be provided within 2 business days following the conclusion of the webinar
Western Bankers Association is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:www.nasbaregistry.org.