Model Risk Management (SR 11-7 and SS1/23) Corporate Training
Learn to run an SR 11-7 and SS1/23 aligned model risk framework, in live guided labs.
Edstellar, a corporate training company, delivers corporate training that helps your team master SR 11-7 and SS1/23 model risk expectations. Employees build model inventories, run independent validation tests, and design monitoring plans through guided labs led by practitioners. Each session is tuned to your models, data, and workflows.
Instructor-led group trainingVirtual / on-site / off-site10 languagesDelivered inEnglish, Spanish, Mandarin, German, Arabic, Portuguese, Hindi, French, Japanese, Italian100+ countriesWe have delivered inUnited States, United Kingdom, India, Canada, Germany, France, Netherlands, UAE, Saudi Arabia, Singapore, Australia, Japan, Brazil, South Africa and 90+ more countries
How we build an exam-ready model risk team
EDSTELLAR MODEL RISK MANAGEMENT CAPABILITY MODEL
Assess model risk capability
Skill checks map your team's inventory discipline, validation technique, and governance baseline.
Set shared standards
One playbook for model documentation, tiering, and validation aligned to SR 11-7 and SS1/23.
Practice in guided labs
Labs cover backtesting, challenger models, monitoring dashboards, and exam-ready documentation.
Measure the lift
Validation case reviews benchmark each employee's model risk capability against supervisory expectations.
Scale across teams
One standard rolls out across risk, finance, and front-office model owners enterprise-wide.
Need more than one program?Get a group quote
Trusted as a Leading Corporate Training Provider by
Program Overview: What is Model Risk Management (SR 11-7 and SS1/23)?
Model Risk Management (SR 11-7 & SS1/23) is Edstellar's instructor-led compliance program for model risk, validation, and audit teams in banks and financial institutions. Participants work through the regulatory landscape, model inventory and tiering, development controls, independent validation, and ongoing monitoring. It builds the working knowledge teams need to satisfy SR 11-7 and SS1/23 expectations from first inventory to exam readiness.
Training is scenario-driven from the first module. Participants tier a model inventory and set risk appetite in guided workshops, then run validation techniques and monitoring reviews against realistic model documentation. Instructors coach your team through governance, reporting, and the evidence examiners actually ask for, reviewing each exercise with direct feedback. The program closes with a capstone: building and defending a model risk framework.
Banks without disciplined model risk practice face examiner findings, inconsistent validation, and models drifting unmonitored in production. This program teaches your people to run the full lifecycle, from development controls and documentation standards to performance tracking and remediation. Every standard is practiced against realistic cases, so the learning transfers straight to your model risk function.
In the capstone your team builds and defends a model risk framework: an inventoried and tiered portfolio, documented validation, monitoring thresholds, and governance reporting that stands up to examiner challenge. What returns to the bank is a model risk team that treats the framework as an operating asset, not a compliance artifact.
Sessions blend briefings with guided labs that mirror day-to-day work: tiering scorecards, validation write-ups, monitoring dashboards, and committee defense drills. Content adapts to your training needs and focuses on the model types and regulatory footprint your teams actually manage, building capability and performance your examiners can see.
What's Included in this Workshop for Your Enterprise Teams
- 1
Model inventory and tiering toolkit
Scorecards, inventory fields, and appetite templates.
- 2
Validation test playbook
Backtesting, benchmarking, and challenger model guides.
- 3
Monitoring dashboard templates
Thresholds, drift checks, and escalation checklists.
- 4
Documentation and evidence packs
Examiner-ready templates for every model stage.
- 5
Capstone committee defense
Defend your framework before a mock review panel.
- Instructor-led delivery across virtual, onsite, and hybrid
- Flexible batch scheduling around your team's calendar
- Lab guides, templates, and checklists included
- Sessions tuned to your models and regulatory footprint
- Small groups for hands-on lab time
- Post-training support for rollout questions
Build your team's skills. Anywhere in the world.
Real-world use cases
from day one
Instructor-led training
for your teams
Delivered globally
in 100+ countries
Enterprise Training Solutions Customized for Your Company
One partner for instructor-led corporate training, delivered the way your teams work.
Request a Training Quote- Customized Training Delivery
- Scale Your Training: Small to Large Teams
- In-person Onsite, Live Virtual or Hybrid Training Modes
- Plan from 2000+ Industry-ready Training Programs
- Hands-On Labs on Live Infrastructure, Led by Industry Experts
Model Risk Management (SR 11-7 and SS1/23) Course Topics and Program Outline
A tailored 27-hour, seven-module workshop: one learning journey from SR 11-7 and SS1/23 foundations to a defended model risk framework. Sessions pair concepts with labs on real-world use cases. Materials include lab guides and templates, plus a capstone assessment.
Built by Edstellar with model risk practitioners
Built by practitioners who validate, monitor, and govern models in production banks, shaped around your stack and use cases.
Skill checks baseline your team's inventory discipline, validation technique, and regulatory familiarity before training begins.
Foundation sessions build SR 11-7 and SS1/23 fluency across 6 hours: model definition, inventory, tiering, and risk appetite.
Guided labs build validation, monitoring, and documentation skill across 12 hours of supervised, examiner-style practice.
Teams apply governance and reporting controls, then defend a complete model risk framework in a 9-hour capstone build.
From SR 11-7 and SS1/23 foundations to a capstone framework defense, every control is practiced in guided labs.
Delivered as
Delivered as a hybrid program of live instruction and guided labs, scheduled around your team's calendar in flexible batches.
Map a sample model inventory entry to its SR 11-7 and SS1/23 expectations in a guided walkthrough.
learna)What counts as a model: definitions under SR 11-7 and SS1/23
b)How model risk arises: data, assumptions, use, and change
c)The five SS1/23 principles and the SR 11-7 three lines of defense
d)Proportionality: applying expectations by model tier and materiality
Build a tiering scorecard and draft a model risk appetite statement for a sample model portfolio.
learna)Designing the model inventory: fields, ownership, and attestation
b)Tiering models by materiality, complexity, and business impact
c)Setting and articulating a model risk appetite statement
d)Linking inventory and tiers to validation intensity and review cadence
Draft an examiner-ready model documentation pack for a sample credit scoring model.
practicea)Development controls: versioning, change logs, and sign-off gates
b)Documenting purpose, theory, data, and limitations for examiners
c)Testing during development: sensitivity and assumption checks
d)Handover standards: what validators need on day one
Run backtests and a challenger comparison on a sample model, then write up validation findings.
practicea)Conceptual soundness: reviewing theory, assumptions, and data
b)Outcomes analysis: backtesting, benchmarking, and sensitivity analysis
c)Challenger and benchmark models: design and interpretation
d)Validation reporting: findings, ratings, and remediation tracking
Build a monitoring dashboard for a sample model and set breach thresholds with escalation steps.
practicea)Designing ongoing monitoring plans and performance thresholds
b)Detecting drift: population stability and characteristic analysis
c)Escalation paths: from breach to remediation or decommission
d)Periodic review cycles and annual model risk reporting
Assemble an exam-readiness evidence pack and draft a board-level model risk report.
applya)Governance structures: committees, roles, and the three lines of defense
b)Model risk reporting for boards and senior management
c)Internal audit's role in the model risk framework
d)Preparing for SR 11-7 and SS1/23 supervisory examinations
Build a complete model risk framework for the case portfolio and defend it in a mock committee review.
applya)Case briefing: a multi-model portfolio with gaps and findings
b)Building the framework: inventory, tiers, validation plan, monitoring
c)Documenting decisions and limitations for the record
d)Defending the framework before a mock model risk committee
Customize this program tailored to your team?
Tell us your training needs: what your team already works with, the level they’re at, and the topics you want them to focus on. We’ll adjust the modules, duration and hands-on labs, and send you a customized outline for your group.
Key Skills and Outcomes Your Team Will Gain
Seven job-ready outcomes your team will demonstrate by the end of the program. Each competency is practiced in guided labs and reviewed in the capstone defense.
Interpret SR 11-7 and SS1/23
Explain the supervisory expectations, principles, and proportionality rules that govern model risk in banks.
Build and tier model inventories
Design inventory structures and tiering criteria that link materiality to validation intensity and review cadence.
Document models for examiners
Write development documentation covering purpose, theory, data, assumptions, and limitations to examiner standards.
Execute independent validation
Test conceptual soundness and run outcomes analysis, including backtesting, benchmarking, and challenger models.
Design monitoring and escalation
Set performance thresholds, detect drift, and route breaches through clear escalation and remediation paths.
Report model risk to leadership
Prepare governance reporting, committee materials, and board-level summaries of model risk posture.
Defend a framework under review
Assemble exam-readiness evidence and defend validation decisions before a mock model risk committee.
Teams that Benefit from this Model Risk Management (SR 11-7 and SS1/23) Group Training
This group training is built for bank teams that own, validate, or oversee models and want exam-ready SR 11-7 and SS1/23 practices. Content adapts to each cohort's roles, models, and experience, so every batch practices the workflows it owns, from inventory to committee defense.
Run an SR 11-7 and SS1/23 aligned framework
Own the end-to-end model risk framework: inventory, tiering, appetite, governance, and reporting. Practice the workflows examiners probe, from policy drafting to committee defense.
Workflow friction
- Scattered inventories with stale tiers
- Appetite statements nobody can measure
- Exam findings that repeat every cycle
How the program helps
- Tier models by materiality and impact
- Draft appetite statements that hold up
- Build exam-ready evidence packs
Practice use cases
- Tiering scorecards
- Appetite drafting
- Evidence packs
- Committee defense
Validate models with defensible, independent rigor
Sharpen independent validation: conceptual soundness, outcomes analysis, challenger models, and finding write-ups. Practice the tests and reports that stand up to audit and examination.
Workflow friction
- Thin validation reports under challenge
- Overdue findings with no owners
- Challenger models that never get built
How the program helps
- Run backtests and benchmarks cleanly
- Write findings validators can defend
- Track remediation to closure
Practice use cases
- Backtesting labs
- Challenger builds
- Finding write-ups
- Remediation tracking
Keep models performing with disciplined monitoring
Own ongoing monitoring: thresholds, drift detection, escalation, and periodic review. Build dashboards and plans that catch deterioration before it becomes a finding.
Workflow friction
- Monitoring plans that sit on paper
- Drift spotted after the damage
- Breaches escalated with no record
How the program helps
- Set thresholds that catch drift early
- Build monitoring dashboards fast
- Escalate breaches with a clear path
Practice use cases
- Threshold design
- Drift analysis
- Dashboard builds
- Escalation drills
Own your models from build to retirement
Model owners in front-office and business teams learn development controls, documentation standards, and change management. Ship models that pass validation the first time.
Workflow friction
- Documentation written after the fact
- Changes deployed without review
- Legacy models with no owners
How the program helps
- Document models validators accept
- Control changes with clean sign-offs
- Retire models without loose ends
Practice use cases
- Documentation packs
- Change control
- Sign-off gates
- Model retirement
Cohorts train as a cross-functional workforce, with each group aligned on shared validation and governance standards.
Prerequisites: This program benefits model risk staff, validators, risk analysts, and front-office model owners who build, use, or oversee models. Familiarity with banking products or statistics helps but is not required, and no prior regulatory training experience is needed. Content adapts to each cohort's models, data, and experience.
Model Analyst to Model Risk Leader
Tracks how model risk practitioners progress from regulatory basics to advanced validation and governance across the program's learn, practice, and apply phases.
A program that grows with model risk careers, from first inventory entry to confident framework defense.
Mixed cohort, or several teams at once?
We can tailor the training to different teams, roles, and experience levels within the same program.
Certificate of Training Completion.
On successful completion, employees receive an Edstellar course completion certificate, recognizing their commitment to ongoing learning and professional development. It validates the skills they have built and motivates them to keep growing and contribute to organizational success.
Earned, not attended. Awarded on completion of all hands-on labs and the capstone project.
Training Delivery Modes: Virtual, Onsite and Hybrid
Choose the format that fits your teams: hybrid, onsite, or live virtual. Every mode includes the same guided labs and capstone defense.
Hybrid Training
Blend live virtual sessions with onsite lab days. Teams learn the framework online, then build and defend it together in person.
- Live virtual instruction with guided labs
- Onsite capstone and committee defense
- One cohort, one schedule, flexible batches
- Same labs and templates in every mode
Onsite Training
Run the full program at your location. Instructors deliver every module and lab with your teams in the room.
- Full 27-hour program at your office
- Labs run on your model examples
- Direct instructor feedback in every session
- Ideal for single-site risk teams
Live Virtual Training
Join live virtual sessions with the same guided labs, delivered over video with shared lab environments.
- Live virtual instructor-led sessions
- Guided labs in shared environments
- Scheduled across time zones
- Same capstone defense, delivered online
Need a training format that works for your team?
Full days, half days across weeks, or split by module. Tell us the delivery window and we schedule the cohort around it.
Frequently Asked Questions
Share team size, locations, and timelines through the lead form and we will send a tailored proposal with batch options and pricing.
Yes. Book a discovery call to walk through your model risk goals; we confirm fit, scope, and scheduling before any commitment.
Yes. This is a hybrid program, so live virtual sessions with guided labs are available and scheduled around your team's calendar.
Yes. Onsite delivery is available for teams that want the labs and capstone run together at their location.
27 hours across 7 modules, typically run as flexible half-day or full-day batches to fit your team's calendar.
Question not answered here?
Put it in the request. A training specialist answers it directly, within one business day.
Where this Training Fits in Your Team's learning path.
Model risk management follows quantitative risk, once your team builds the models that need governing. It then applies the same discipline to AI and machine learning models, and finally to the stress testing models used in ICAAP.
Why Choose Edstellar as Your Model Risk Management (SR 11-7 and SS1/23) Training Provider
Edstellar partners with BFSI teams to build exam-ready model risk capability. Every engagement is tailored, lab-driven, and measured against the supervisory expectations your teams face.
EXPERT TRAINERS
YEARS DELIVERING
ORGANIZATIONS TRAINED
CERTIFIED
Tailored
Content is tuned to your model types, data, and regulatory footprint, so labs mirror your real portfolios.
Proven Methodology
A learn, practice, apply arc moves teams from SR 11-7 basics to defending a full framework.
Practice-Based Learning
Guided labs build validation tests, monitoring dashboards, and documentation your examiners accept.
Expert Trainers
Practitioners who validate and govern models in production banks lead every session and lab.
Global Scale
One consistent program rolls out across regions, business lines, and model owner teams.
Measurable Outcomes
Lab reviews and the capstone defense show exactly how far each employee's capability moved.
Build Defensible Model Risk Frameworks With Validation and Governance Evidence
Edstellar connects model risk expectations with practical inventory, documentation, and oversight work. Participants tier models, challenge development evidence, and perform validation and monitoring exercises before preparing leadership reporting. A case-portfolio framework is defended in a mock committee, with assessment focused on traceability, independent challenge, and coherent escalation decisions.
- Step 01
Consult
We explore model ownership and validation responsibilities alongside statistics and banking familiarity to identify gaps in tiering, documentation, performance monitoring, and governance reporting.
- Step 02
Plan
We establish the SR 11-7 and SS1/23 context before inventories and development controls, then develop validation, monitoring, and reporting ahead of the framework defense.
- Step 03
Align
We align model risk and validation expertise with validators, analysts, and model owners, calibrating quantitative support and governance discussions to the cohort's model experience.
- Step 04
Customize
Sample portfolios, credit-model documentation, and performance records reflect relevant model uses, allowing tailored challenger and threshold exercises without exposing proprietary models or customer data.
- Step 05
Execute
Participants build tiering scorecards, compare challengers, interpret backtests, and set monitoring thresholds, receiving feedback on independent challenge, evidence quality, and escalation rationale.
- Step 06
Evaluate
We assess the framework defense for consistent model tiering, traceable documentation and validation findings, justified monitoring thresholds, and reporting that clearly communicates material limitations.
Also from Edstellar
Talent assessments
Psychometric, behavioral, leadership and 360-degree assessment.
→Training needs analysis
Needs analysis, gap identification, and a training roadmap.
→L&D consulting
Learning strategy, content, technology and ROI measurement.
→OD consulting
Org design, succession planning and cultural change.
→Managed training services
Training outsourcing, vendor management, logistics and administration.
→Coaching solutions
Executive and manager coaching that keeps skills in use.
Start an RFP shaped to your needs.
Answer three quick questions about team size, scope, and how often you need the program run, then send the request from the last step. Everything you choose travels with it, so you only fill this in once.
How many team members need training?
Model Risk Management (SR 11-7 & SS1/23) Training Packages & Pricing
Where L&D holds an annual budget, license packages price the whole year at once instead of raising a purchase order per workshop. Hours and licenses are pooled across teams, programs and locations, so unused capacity is not stranded in one department.
Starter
120
trainee licenses64 hours of group training
Tailored for SMBs
Growth
320
trainee licenses160 hours of group training
Ideal for growing SMBs
Enterprise
800
trainee licenses400 hours of group training
Designed for large corporations
Custom
Unlimited
trainee licensesDuration set by the rollout
Multi-region and multi-year
Training Packages & Pricing
Choose the training format that works for your team. Pricing is customized based on your requirements, cohort size, and delivery needs.
Request Model Risk Management (SR 11-7 and SS1/23) Training for Your Team
Share your team size, model types, regulatory footprint, and timelines to receive a tailored training plan and quote. Book a discovery call to discuss your goals; we confirm availability and respond with a proposal.