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Spring MRM Series #1: Model Risk Management 101 - A Step-by-Step Guide

Mark Haberland

Managing Director

Darling Consulting Group

Mark is a Managing Director at Darling Consulting Group. In this role, Mark works directly with financial institutions to strengthen their asset liability management process. He provides support to clients in the areas of liquidity risk management, capital, ALM modeling and reporting and regulatory compliance. He is a top-rated speaker and frequent author and conducts customized workshops and educations sessions for ALCOs and boards.

Model Risk Management (MRM) sets the framework for optimal model performance, but when it comes to implementing a “right sized” process, where do you begin?


This session will provide a roadmap for successfully getting an MRM program off the ground. Starting with defining what a “model” is all the way to changing the cultural mindset of your organization, DCG Managing Director Mark Haberland will walk through the key steps to making MRM work for your institution


Attendees will gain perspective on:

  • Meeting the evolving regulatory expectations

  • Developing policies, inventories, and risk ratings that make sense

  • Establishing a robust “effective challenge” process

  • Addressing cultural and technical challenges

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