Model Risk Manager

A model risk manager oversees the identification, assessment, and mitigation of risks arising from the use of quantitative and AI models in business decisions.

In financial services, model risk management is a regulatory requirement, with AI agents increasingly subject to the same validation, documentation, and oversight expectations as traditional analytical models.

Closely related concepts include AI Change Management, Human Oversight, Tool Registry, Agent Middleware. Each is defined in the Prefactor glossary.