ProSight Model Risk Management Summit

Advancing Excellence in Financial Model Oversight

The ProSight Model Risk Management Summit takes place July 9-10, 2025, in Chicago, bringing together industry leaders to address critical challenges in model risk oversight. Building on the rich legacy of RMA and the Model Validation Consortium, this summit represents the evolving expertise of ProSight Financial Association following the 2024 merger of RMA and BAI.

Why Attend

This summit addresses the diverse needs of professionals in both quantitative analyst roles and non-quantitative governance and management positions within model risk functions. Designed specifically for midsize and large financial institutions, the event provides essential insights for navigating the complex landscape of model risk management in today's evolving regulatory environment.

Core Focus Areas

• Technical Model Validation: Advanced methodologies and best practices for comprehensive model assessment

• Model Governance: Establishing robust oversight frameworks and decision-making processes

• Monitoring and Reporting: Implementing effective tracking systems and communication strategies

• Three Lines of Defense Coordination: Optimizing collaboration across organizational risk management layers

• AI Oversight: Managing artificial intelligence and machine learning model risks and governance challenges

What to Expect

Participants will engage with Consortium members and industry peer leaders in focused discussions addressing both technical validation challenges and strategic governance considerations. The summit provides a collaborative environment for sharing practical solutions and advancing model risk management practices across the financial services sector.