Model/non-model definition.
Explore enterprise-wide use cases for climate models.
Considerations for vendor and agency models.
This half-day workshop will present invaluable insights and facilitate practical discussions for the application of model risk management best practices into a climate risk management framework within your institution.
Through insights from Deutsche Bank and Deloitte, attendees will:
Understand the definition and discovery of models related to climate risk.
Explore how to develop effective climate model validation practices.
Review suggested approaches and key challenges faced in climate model risk management.
Determine how to effectively integrate model risk management best practices within a climate risk management framework in your institution.
Lead by
Lily Gawrych
ESG Lead Validator, Model Risk Management
Deutsche Bank
Lily Gawrych is the Lead Validator for the ESG modeling area at Deutsche Bank. Her other areas of focus within Model Risk Management include CCAR and qualitative review & challenge. She has previously worked in Treasury Modeling & Analytics and Risk Transformation at DB, and also has experience at a regulator and in external audit. She is certified as a SCR, FRM, and CPA, and serves on the US Board of a non-profit NGO based out of Brazil – Iracambi - focused on the preservation, restoration, and conservation of the Atlantic Rainforest. She has a 1 year old son and 2 dogs that keep her on her toes.
Michael Monaco
Senior Manager, Model Risk Management
Deloitte & Touche LLP
Michael Monaco has been a member of Deloitte’s Model Risk Management group for 11 years. He has institutions across industries and sectors, with a focus on large US and international banking organizations. Michael has led some of Deloitte’s largest and most complex model development, model governance, and model validation engagements covering a diverse set of models including credit risk, market risk, operational, risk, derivatives pricing, cyber risk, CCAR and Basel. Michael is a leader in Deloitte’s Climate Modeling practice, where he has experience serving clients with engagements focusing on Climate Scenario Analysis, Climate/Credit Integration, Carbon Accounting & Financed Emissions, and Climate MRM Governance.
Deloitte
Website: https://www.deloitte.com/ch/en/services/consulting/services/deloitte-forensic.html
About Deloitte:
Deloitte offers integrated services that include Audit & Assurance; Strategy, Risk and Transactions Advisory; Technology and Transformation Advisory; and Tax & Legal support. Our approach combines insight and innovation from multiple disciplines with business and industry knowledge to help our clients excel anywhere in the world.
Latest thought leadership:
- https://www.deloitte.com/ch/en/services/financial-advisory/perspectives/eu-artificial-intelligence-act.html
- https://www.deloitte.com/ch/en/services/financial-advisory/perspectives/forensic-investigators-gain-an-edge-with-ai.html
- https://www.deloitte.com/ch/en/services/financial-advisory/perspectives/fraud-risk-management-strategic-imperative.html
- https://blogs.deloitte.ch/banking/
Michael Monaco
Senior Manager, Model Risk Management
Deloitte & Touche LLP
Michael Monaco has been a member of Deloitte’s Model Risk Management group for 11 years. He has institutions across industries and sectors, with a focus on large US and international banking organizations. Michael has led some of Deloitte’s largest and most complex model development, model governance, and model validation engagements covering a diverse set of models including credit risk, market risk, operational, risk, derivatives pricing, cyber risk, CCAR and Basel. Michael is a leader in Deloitte’s Climate Modeling practice, where he has experience serving clients with engagements focusing on Climate Scenario Analysis, Climate/Credit Integration, Carbon Accounting & Financed Emissions, and Climate MRM Governance.
Lily Gawrych
ESG Lead Validator, Model Risk Management
Deutsche Bank
Lily Gawrych is the Lead Validator for the ESG modeling area at Deutsche Bank. Her other areas of focus within Model Risk Management include CCAR and qualitative review & challenge. She has previously worked in Treasury Modeling & Analytics and Risk Transformation at DB, and also has experience at a regulator and in external audit. She is certified as a SCR, FRM, and CPA, and serves on the US Board of a non-profit NGO based out of Brazil – Iracambi - focused on the preservation, restoration, and conservation of the Atlantic Rainforest. She has a 1 year old son and 2 dogs that keep her on her toes.
Mustafa Khokha
Co-Founder and President
Victory Genomics
Daniela Simic
Chief Technology Officer
Vetirus
Louise Grubb
CEO & Co-Founder
TriviumVet
Jonathan Powell
CEO
NoBACZ Healthcare Ltd.
Thomas Koch
Founder, CEO & CSO
eQcell Inc