SR 11-7 policy

Model Risk Management Standard

Model Risk · owned by D. Osei · review due 2026-11-30

published

Framework

SR 11-7

Controls enforcing

Passing

2/4

Review due

2026-11-30

Controls that enforce this policy

HN-MR-01Independent model validation before release

Consumer Credit Scoring v4 · last tested 2026-07-14

HN-MR-02Annual revalidation of production models

Card Fraud Detection Engine · last tested 2026-05-02

HN-MR-03Model inventory completeness reconciliation

AML Transaction Monitoring Assist · last tested 2026-08-20

HN-MR-04Documented model assumptions and limitations

Collections Propensity Model · last tested 2026-04-11

Policy record