expertise

Model Risk Governance

The model risk governance function provides a management service for model change which includes prudential compliance, validation, build, CRR attestation, governance, policies and controls, RWA optimisation and remediation of models.

Insights

Delta Capita can offer a complete management service to manage the model lifecycle from beginning to end.

How Delta Capita can help

  • Implementation of target operating models for model governance.
  • Validation of models.
  • Model build.
  • CRR attestation management.
  • MI and regulatory reporting.
  • Optimising data storage and processing.
  • Policies and controls management.
  • How to comply with new legislation and regulation.
  • Project management of the changes required by CRR regulation.

Case Study

Delta Capita set-up and defined the target operating model for the model governance department of a large UK retail bank. This included model management oversight of the governance department, rewriting polices and controls, management of model remediation, project management, model strategy, horizon scanning, model monitoring CRR planning maintenance of the internal ratings based approach and quantitative analysis of complex transactions.

Partner
Barry McCormack

“Delta Capita can offer a complete management service to manage the model lifecycle from beginning to end.”

Value Propositions – Model Risk Governance

We develop various value propositions for our clients. The following illustrates the breadth of our capability across Model Risk Governance