OMB Individually Reported
Risk Rating Model
Low riskExact public inventory row
Description
Improve risk models optimize resource allocation
Detailed example
Statistical methods are used in the variable selection process for a risk model
AI / analytics pattern
Classical/Predictive Machine Learning: Models trained on data to make predictions or classifications based on identified patterns or relationships.
Automation level / stage
b) Pilot – The use case has been deployed in a limited test or pilot capacity.
Expected benefit
Identify a set of factors that may be helpful in predicting the likelihood that a bank will experience an adverse outcome in the future, and to tier banks into High-, Moderate- and Low-risk tiers for review
Controls / human review
ATO: Yes; PIA: Not published
Data needed
Internal – FFIEC Call Report, Uniform Bank Performance Report