Model Risk Management

Achieve and exceed MRM regulatory requirements with our award-winning team of analytics and consulting experts. With over 10 years’ of unrivalled experience in helping the UK’s leading banks and challenger firms with their model risk management, we make compliance a certainty.

Meet, and exceed, the PRA's model risk expectations

Model risk management is already a challenge for firms given the volume of work and specialist resource required to govern model risk risk effectively, as well as independently validate models. And it has gotten trickier. The PRA’s model risk management principles for banks (CP6/22 and SS1/23) communicates a material increase in expectations on model risk management and sets out key principles that must be integrated into each firm’s framework.

No matter your firm’s size or complexity, Jaywing can help implement and strengthen your model risk management requirements - by working on a specific aspect of your model risk journey, or by helping you set up your entire risk framework.

Here's how we can help

Model development

Work with our specialist, agile teams to build and implement models that meet both regulatory expectations and your organisation's exact needs.

Independent model validation

Enhance performance and stability and fulfil your specific model risk and governance requirements with 1st or 2nd line model validation.

Model risk governance

Receive support on the development and improvement of your risk management frameworks in line with the PRA’s model risk management requirements.

Request a no-obligation meeting with our experts

Jaywing has 10+ years of unrivalled experience of working with the UK’s leading lenders with their model risk management. By requesting this meeting, you’ll speak to our regulatory experts about your model risk concerns and goals, and receive best practice advice specifically tailored to your organisation.