#8  Approach to Model Risk in Machine Learning environment

Simon Greenberg - Head of Independent Validation Unit at ABSA Group Limited
He is a “roundabout actuary”. After giving up exams and doing an MSc in Statistics, he decided to finish the exams after all. Unfortunately, by then, he was so comfortable in banking that moving back into a traditional actuarial role was not an option.
Simon is the Head of Independent Validation Unit at ABSA Group Limited. He is passionate about Model Risk in general and the changes in Model Risk management that will be brought about by technological advances, automation and greater data availability