Perspectives
LIBOR transition for investment managers
Three impact areas to mitigate risk
The LIBOR transition means investment management firms need to have appropriate strategic planning and risk mitigation initiatives in place.
People
Clifford Goss
Partner | Deloitte & Touche LLP
Clifford has served financial services industry clients at Deloitte for nearly 20 years.
He is Deloitte Risk & Financial Advisory’s artificial intelligence (AI) leader for financial services. In this capacity, he helps clients stand up, or enhance, their AI risk management programs. By strengthening and stitching together model risk, data risk, cyber risk, legal/compliance/ethics, and technology risk management programs, he is helping his clients develop end-to-end AI lifecycle risk management programs.
Additionally, for nearly 15 years, he’s helped his clients prepare for and understand regulatory expectations with respect to modeling and model risk management (MRM). In this effort, he has helped institutions stand up their MRM governance and operating frameworks; create model documentation for legacy models; conduct model validation for a wide range of models, from anti-money laundering to asset and liability management; and perform “mock” regulatory assessments to identify potential regulatory pain points.
Clifford regularly presents various topics within MRM at industry conferences. He holds a Ph.D. in economics, a Masters in accountancy (with CPA), and has served as a part-time professor at UNC-Charlotte’s Belk College of Business.