Advisory

Model Risk
Management

Governance, validation, monitoring, and oversight —
across the full model risk lifecycle at scale.

The challenge

Model inventories are growing in size and complexity. Regulators expect robust governance aligned with SR 11-7, OSFI E-23, and ECB guidance. Many institutions struggle with unclear model ownership, inconsistent validation practices, and monitoring gaps — especially as AI/ML models enter production.

Our approach

We build model risk governance that operates — not just documents. From framework design through implementation, we establish clear accountability, effective oversight, and sustainable operating models that scale with your institution's model inventory.

What we deliver

  • Model governance framework and operating model design
  • Model inventory, tiering, and ownership assignment
  • Validation support and independent review
  • Ongoing monitoring and performance oversight
  • Model risk appetite and limit frameworks
  • Regulatory alignment (SR 11-7, OSFI E-23, ECB)
  • Model documentation standards and templates
  • Integration of AI/ML models into MRM frameworks

Typical outcomes

  • Strong model governance with clear accountability
  • Effective oversight across 100+ models
  • Supervisory-defensible validation and monitoring
  • Reduced model risk and operational surprises

Ready to strengthen your model risk governance?

Let's discuss your model risk challenges and build effective oversight.