Financial institutions and other organizations developing, using, validating, or relying on models and model-driven decision-making.
Establish or strengthen a comprehensive model risk management program covering governance, model classification, development, validation, implementation, ongoing monitoring, third-party models, and executive oversight.
The toolkit provides a consistent structure for managing models throughout their lifecycle and aligning the level of governance with each model’s materiality, complexity, and risk.
Model Risk Management Framework
Model Risk Management Policy
Model Risk Appetite Statement
Model Tiering Template
Model Development Documentation Template
Model Validation Template
Model Monitoring Template
Model User Guide Template
Third-Party Model Risk Due Diligence Questionnaire
Board and Executive Reporting Template
Implementation Guide
Use the toolkit independently or engage Chimayo Consulting for model inventory development, model tiering, governance assessments, framework customization, and implementation support.
Financial institutions and other organizations developing, using, validating, or relying on models and model-driven decision-making.
Establish or strengthen a comprehensive model risk management program covering governance, model classification, development, validation, implementation, ongoing monitoring, third-party models, and executive oversight.
The toolkit provides a consistent structure for managing models throughout their lifecycle and aligning the level of governance with each model’s materiality, complexity, and risk.
Model Risk Management Framework
Model Risk Management Policy
Model Risk Appetite Statement
Model Tiering Template
Model Development Documentation Template
Model Validation Template
Model Monitoring Template
Model User Guide Template
Third-Party Model Risk Due Diligence Questionnaire
Board and Executive Reporting Template
Implementation Guide
Use the toolkit independently or engage Chimayo Consulting for model inventory development, model tiering, governance assessments, framework customization, and implementation support.