{"product_id":"a-first-course-in-model-jonathan-schachter-9780443337468","title":"A First Course in Model Validation and Model Risk Management","description":"\u003cb\u003e\u003ci\u003eA First Course in Model Validation and Model Risk Management\u003c\/i\u003e\u003c\/b\u003e offers robust coverage for current and future financial engineers. Useful as part of a masters program, for self-study, or as a valuable reference, the textbook explains in step-by-step, practical terms how mathematical models owned by financial institutions are essential to their public activities, including sales, trading, risk management, and internal audits. Like a diverse fleet of cars maintained by a rental car location, a bank must make sure customers can \"drive\" any of its models for a specific financial product. The book covers both pricing and risk models. Chapters consider modeling basics, marked-to-market and marked-to-model asset classes, market risk, credit risk, portfolio risk, operational risk, capital model risk, and financial crime, along with machine learning\/AI.\u003cbr\u003eTo support course use and practical applications, the text provides examples in Python throughout, as well as an appendix containing homework problems for all chapters, further supported by an ftp site for data and sample code. Additional appendices cover global model risk management, and a refresher in statistics.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Jonathan Schachter,Martin Goldberg,Chandrakant Maheshwari\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 0443337462\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780443337468\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Academic Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 02\/26\/2026\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 400\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback","brand":"Jonathan Schachter","offers":[{"title":"Paperback","offer_id":47579588034815,"sku":"9780443337468","price":100.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_d1214e15-6956-4f02-a9a9-d6cab5a412cc.jpg?v=1763875237","url":"https:\/\/www.whiterainbookhouse.com\/products\/a-first-course-in-model-jonathan-schachter-9780443337468","provider":"WR Book House","version":"1.0","type":"link"}