Checks / Model risk (SR 11-7)
Model risk (SR 11-7)
Model risk (SR 11-7) compliance checks
US supervisory guidance on model risk management: development, validation, monitoring and governance.
12 controls, each a live check with a tamper-evident receipt. Run the whole framework at once from any AI assistant with sebbi_run_framework and framework=modelrisk.
- SR 11-7 - model inventory maintained
- SR 11-7 - model owner assigned
- SR 11-7 - independent validation
- SR 11-7 - conceptual soundness reviewed
- SR 11-7 - ongoing monitoring
- SR 11-7 - outcomes analysis / backtesting
- SR 11-7 - benchmarking performed
- SR 11-7 - documentation standard met
- SR 11-7 - limitations stated
- SR 11-7 - used within approved scope
- SR 11-7 - model change control
- SR 11-7 - model risk tiering