Model validation and governance
A skill of the kind “technical knowledge”, listed by 11 roles, 3 of them as critical.
Also described as
- backtesting
- model governance
- model inventory
- model risk
- model risk management
- model validation
- SR 11-7
- TRIM
Roles that need it
Where the weights come from
The weight is this skill's share of each role; the weights of one role add up to 100 percent.
Source: the EFO role catalogue, built from the ESCO classification and reviewed by the editors.
Critical for
- Model Validation AnalystYour role
- Traded Risk AnalystYour role
- Valuation Control AnalystYour role
Important for
- Risk Advisory ConsultantYour role
- Market Risk AnalystYour role
- Quantitative Analyst (Desk Quant)Your role
- Internal Audit ConsultantYour role
- Quantitative DeveloperYour role
- Operational Risk AnalystYour role
Useful in
- ALM AnalystYour role
- Liquidity Risk AnalystYour role
Processes where it is used
- Model development and validation