Large Bank Supervision Forum 2023

Model Risk Management Disclaimer Views and opinions expressed in this presentation reflect those of the author and do not necessarily reflect those of the FDIC or the United States

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Objectives

• Provide an Overview of Model Risk • Identify Key Stakeholders and their roles and responsibilities

• Discuss Model Risk Management Expectations • Define Information Minimums for Model Inventory • Outline Aspects to be Addressed in Model Risk Management Policy • Discuss Internal Audit’s Role in Model Risk Management

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