Audits role in Model Risk Management-OnlineWebinar

Wednesday, May 10, 2017 at 10:00AM - 1:00PM
Fremont, CA
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Live Session
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$200.00 $7.07 20

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$400.00 $13.25 20

Special Offer
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$550.00 $17.89 20

Corporate Live Session
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$1,000.00 $31.79 20

Event Details

Description
Of the many dynamics involved in model risk, internal audit should not get caught up in areas where they can add little value. This webinar provides auditor's guidelines on what is really important for them in this area. The value proposition for auditors is very different than what many may think as being able to assure model risks are known, understood and managed is not an easy task. This webinar helps the auditor navigate the field and arrive at the right contribution level.

Objectives Of The Presentation
  • Update and rationalize the definition of model risk
  • Better understand model risk governance impact on diverse operational processes
  • Learn how to explain audit's limitations in providing assurance that model risk is mitigated
  • Gain a better approach to integrated model risk management through role definitions
  • Discuss expectation, real or perceived, that impact auditors abilities to add value
  • Design a holistic approach to auditing model risks
Why Should you Attend
By attending this training auditors gain a new perspective on how to add value to their organizations management of model risk. Rather than sit on the outside or outsource the auditing of risk processes, this webinar will provide the auditor a detailed program of contribution and value addition to any organization that utilizes models in their day to day business.

Areas Covered
  • How to 'define' a model
  • Reasons that model risk occurs
  • The best audit scope for model risk reviews
  • Aligning audit coverage to model risk
  • Understanding the 'Black Box'
  • Governance and why it is important
Who will Benefit
  • Auditors
  • Audit Managers
  • Audit Leaders
  • Risk Managers
  • Model Risk staff
  • Compliance officers
  • Business executives
  • External auditors
  • Consultants
  • Financial Services and any other organizations that utilize models for financial planning, credit risk management or operational effectiveness
For Registration
http://onlinecompliancepanel.com/webinar/AUDITS-ROLE-MODEL-RISK-MANAGEMENT-504863/MAY-2017-ES-EZEVENT

Note: Use Promo code WE3PL and get 10% off on registration (Valid till MAY 31st 2017)

Organization Details

Online Compliance Panel (OCP) creates and delivers comprehensive industry relevant training sessions. These sessions are simple, interactive and cost effective. We are a predominantly web based information exchange forum. Live interactions on compliance training make the process holistic and effective. OCP largely emphasizes in offering regulatory compliance training to compliance professionals on varied topics. These primarily include risk management, quality management, corporate compliance and other regulatory compliances. Some of our primary areas of focus include advancement and updates in regulatory compliance, best practices and market trends.

We strive to incorporate high standards in developing a culture facilitating exchange of ideas resulting in functional excellence. OCP believes in nurturing ideas and thought processes through innovative e-learning methodologies. Our products and services are designed to offer customized solutions to industry and market. We bridge the gap between experience and knowledge thus delivering original and creative content.

Our objectives of employing interactive mediums ensure effective communication and mutual exchange of ideas. OCP closely follows best practices and regulatory trends in the global compliance scenario. We also observe and communicate trends witnessed in FDA, ISO regulations, process and design validation. All updates and additions to important laws can be accessed by our customers in real time.

Our mission is to empower compliance professionals through effective online training sessions. Our world class training methodologies stem from comprehensive understanding of client requirements. The content conforming to FDA and ISO standards is developed by well qualified and experienced industry leaders. Our offerings will exceed expectations and add value to your investment.

The content in various categories such as medical devices, pharmaceuticals and biotechnology will raise the bar in terms of quality already on offer .We hope to contribute to the creation of responsible organizations creating benchmarks in quality, integrity and transparency.

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Online Event
38780 Tyson Lane, Apt 210
Fremont, CA 94536

Starts May 10, 2017 at 10:00AM - 1:00PM

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Contact Information

Organization: Online Compliance Panel LLC

Event Contact: OCP Panel

Phone: 15108575896