Menu
Following the regulatory guidance on model validations, we assess the 3 primary components of ALLL models:
We’ll review and test your data extraction, the application of your reserve for credit loss methodologies, and test calculations/reporting.
The use of models invariably presents model risk, which is the potential for adverse consequences from decisions based on incorrect or misused model outputs and reports. Our model validation services are designed to assess the model’s overall effectiveness of the model risk management framework to meet the standards described in the regulatory guidance.
Risk management services for community banks.