{
  "id": "workflow:model-risk-management-review",
  "_kind": "Workflow",
  "_file": "workflows/workflows/workflows-financial-risk.yaml",
  "_cluster": "workflows",
  "attributes": {
    "displayName": "Model Risk Management Review",
    "workflowKind": "governance",
    "triggerType": "scheduled",
    "typicalCadence": "quarterly",
    "complexity": "cross-team",
    "description": "Reviews model risk across the organization per SR 11-7 / SS1/23\nsupervisory guidance -- maintaining the model inventory with tiering\nby materiality, conducting independent validation of pricing, risk,\nand credit models against benchmark outputs and conceptual soundness\ncriteria, tracking validation findings through remediation to closure,\nassessing model limitations and compensating controls, reviewing model\nperformance monitoring backtests for degradation, and preparing model\nrisk reports for the model risk committee. Produces model inventory\nupdates, validation findings log, and remediation tracking dashboard.\nExcludes model development and production deployment.\n"
  },
  "outgoingEdges": [
    {
      "from": "workflow:model-risk-management-review",
      "to": "role:risk-analyst",
      "kind": "involves_role",
      "attributes": {}
    },
    {
      "from": "workflow:model-risk-management-review",
      "to": "role:quantitative-analyst",
      "kind": "involves_role",
      "attributes": {}
    },
    {
      "from": "workflow:model-risk-management-review",
      "to": "role:compliance-officer",
      "kind": "involves_role",
      "attributes": {}
    },
    {
      "from": "workflow:model-risk-management-review",
      "to": "skill-area:python-data-pipelines",
      "kind": "requires_skill_area",
      "attributes": {}
    },
    {
      "from": "workflow:model-risk-management-review",
      "to": "skill-area:ml-fine-tuning",
      "kind": "requires_skill_area",
      "attributes": {}
    },
    {
      "from": "workflow:model-risk-management-review",
      "to": "domain:financial-risk-management",
      "kind": "applies_to_domain",
      "attributes": {}
    },
    {
      "from": "workflow:model-risk-management-review",
      "to": "domain:quantitative-finance",
      "kind": "applies_to_domain",
      "attributes": {}
    },
    {
      "from": "workflow:model-risk-management-review",
      "to": "domain:regulatory-finance",
      "kind": "applies_to_domain",
      "attributes": {}
    },
    {
      "from": "workflow:model-risk-management-review",
      "to": "responsibility:model-validation",
      "kind": "triggers_responsibility",
      "attributes": {}
    },
    {
      "from": "workflow:model-risk-management-review",
      "to": "responsibility:backtesting-validation",
      "kind": "triggers_responsibility",
      "attributes": {}
    },
    {
      "from": "workflow:model-risk-management-review",
      "to": "org-unit:market-risk-team",
      "kind": "performed_by_org_unit",
      "attributes": {}
    },
    {
      "from": "workflow:model-risk-management-review",
      "to": "org-unit:quant-research",
      "kind": "performed_by_org_unit",
      "attributes": {}
    }
  ],
  "incomingEdges": []
}