WBS Training – Advanced Masterclass Series
AI Model Risk: Measurement, Reporting and Mitigation
Start Date: Tuesday 24th March
Delivery Mode: Live Online (flexible learning over 4 weeks, 1 lecture per week)
Global Start Time: Accessible for many participants worldwide.
Structured Assessment: Participants who successfully completed the workshop objectives will be issued a Certificate.
Total Lecture Hours: 16 hours
Instructor: Alexander Sokol: Executive Chairman and Head of Quant Research, CompatibL
Empowering Global Talent: Emerging Markets Subsidy
WBS Training Past Delegate: 40% Discount (off the standard fee)
Course Overview
AI model risk is a new discipline, where regulatory requirements and best practices borrow heavily from other types of model risk. The practices adopted from traditional model risk management (MRM) are not always capable of dealing with the unique characteristics and challenges of AI model risk. Effective measurement, reporting and mitigation of AI model requires combining novel, AI-specific techniques with traditional model risk management techniques and practices.
In the first part of the course, Alexander Sokol will present practical and effective techniques for the quantitative measurement and reporting of AI model risk using both well-established and novel metrics. In the second part, Alexander will leverage his award-winning research on behavioural psychology of AI to describe practical and effective techniques for mitigating AI model risk.
The course will conclude with a hands-on workshop where participants will use what they learned to mitigate AI model risk for several use cases of practical importance to banking and asset management. Coding will not be required for workshop participation.
This masterclass is a joint venture, hosted by our partner company WBS Training and CompatibL.
Learning Outcomes
By the end of the program, participants will:
- Understand quantitative measurement and reporting of AI model risk
- Learn the key metrics for the accuracy and reliability of AI
- Learn how to mitigate AI model risk using advanced techniques from behavioural psychology
- Learn to design reliable AI-based workflows
Technology
The course exercises and hands-on workshop will be available through a browser-based playground. A personal Gemini LLM key will be required to participate. Instructions for getting Gemini LLM key will be provided.
While we do not anticipate any firewall issues, we recommend testing the connectivity to the playground when course materials are distributed one week ahead of the course state if you plan to use your work computer.
4-Week Flexible Global Learning
The WBS Advanced Masterclasses run over four weeks in a live online format offering a highly effective learning experience by balancing depth, flexibility, and Faculty engagement. With a start time of 1pm UK time / 2pm CET / 6:30pm IST / 9:00am EST, enabling students to join live from many locations around the world.
The live format encourages real-time interaction with the instructor and peers, fostering deeper discussions and immediate problem solving. Spacing the sessions weekly also accommodates the busy schedules of banking professionals, ensuring minimal disruption to daily responsibilities while maximising learning retention and practical application. The course ends with a structured assessment multiple-choice test & certificate. Students get to keep the course in their own personal WBS educational portal for 12 months.
Weekly Forum:
Q&A weekly lecture forum. Students can submit question on the forum that will be answered live in weeks 2, 3, and 4.
Learning Resource:
Students get to keep the training for 12 months post course.
Pricing Structure:
- Standard Fee – £2195.00 + UK VAT
- WBS Training Past Delegate: 40% Discount (off the standard fee) – Please submit an enquiry
- Super Early Bird 20% & Early Bird 10% Discounts Available.
- Emerging Markets Discount – Please submit an enquiry
- Group Discount – If 2 or more people from your institution wish to join the masterclass please contact us.
- VAT exemption – If you are a non UK or EU resident, you are exempt from VAT.