a model validation policy that prioritizes high-risk models & avoids redundant and unnecessary activities
Timothy Willis is head of RiskSpan’s Governance and Controls Practice, with a particular focus on model risk management. He is an experienced engagement manager, financial model validator and mortgage industry analyst who regularly authors and oversees the delivery of technical reports tailored to executive management and regulatory audiences.
Tim has directed projects validating virtually every type of model used by banks. He has also developed business requirements and improved processes for commercial banks of all sizes, mortgage banks, mortgage servicers, Federal Home Loan Banks, rating agencies, Fannie Mae, Freddie Mac, and U.S. Government agencies. Prior to joining RiskSpan, Tim did related work at First American Financial Corporation, Fannie Mae, and KPMG Consulting. He holds a BA from Brigham Young University in Provo, Utah, and an MBA from The George Washington University in Washington, D.C.