ProSight Model Risk Management Summit

July 9–10, 2025  |  Federal Reserve Bank of Chicago

ProSight Model Risk Management Summit

July 9–10, 2025  |  Federal Reserve Bank of Chicago

The Evolving Role of MRM in Times of Change

The ProSight Model Risk Management Summit will take place July 9–10, 2025, in Chicago, IL. RMA and BAI merged in 2024 to create ProSight Financial Association, building on the rich history of RMA and the Model Validation Consortium. This year’s summit is oriented around the interests of quantitative (analyst) and non-quantitative (governance/management) roles touching the model risk function at midsize and large financial institutions. Join members of the Consortium and industry peer leaders as they discuss topics including technical aspects of model validation, model governance, monitoring and reporting, coordination among the 3 lines of defense, and AI oversight.

Sessions and topics for our 2025 Summit will include:

  • Model risk’s role ensuring safety, dependability, and transparency of AI tools
  • Regulatory perspectives and key issues
  • Non-model tool governance
  • Management and board reporting

Who will benefit:

  • Model Validators, Risk Analysts, Team Leads, and Managers
  • Model Governance and Reporting Staff
  • Department Heads of Model Risk Management
  • Enterprise and Operational Risk Analysts and Managers
  • Enterprise Risk Management Directors
  • Chief Risk Officers

ProSight has reserved a block of rooms at the JW Marriott Chicago at a rate of $299 and are quoted exclusive of applicable room taxes and fees.

Reservations must be booked before Monday, June 9, 2025 in order to secure the discounted rate.

The link to book your hotel reservation at our conference rate, will be provided to you in your conference registration email.

Registration Information

Member Pricing:
  • Early Bird Member – $1,200 (valid through 5/31/25)
  • Regular Member – $1,300 (Effective 6/1/25)

Non-Member Pricing:
  • Early Bird Non-Member – $1,400 (valid through 5/31/25)
  • Regular Non-Member – $1,600 (Effective 6/1/25)

Model Validation Consortium Client Pricing:
 $999

Thank you to our Sponsors

This event wouldn’t be possible without our great sponsors.
For sponsorship and exhibiting opportunities, please contact [email protected]

Your Questions, Answered

General FAQs

Where will the event be held? 

Federal Reserve Bank of Chicago

230 S LaSalle Street, Chicago, IL 60604

What should I bring to enter the Federal Reserve building?

All attendees visiting the Federal Reserve Bank of Chicago will be subject to a screening process. Please bring a valid, government-issued photo ID (REAL ID-compliant driver license or Passport). Firearms, knives, and other illegal or potentially dangerous or destructive items are not allowed in the building.

Is there a preferred hotel with a group rate available?

Yes, a block of rooms has been secured at JW Marriott Chicago at a rate of $299/night and are quoted exclusive of applicable room taxes and fees.

Reservations must be booked before May 23, 2025 in order to secure the discounted rate. The link to book your hotel reservation at our conference rate, will be provided to you in your conference registration email.

The JW Marriott Chicago is 0.1 mile away from the Federal Reserve Bank of Chicago.

What if I am contacted by a third party for hotel reservations? 

ProSight will not reach out to solicit hotel rooms or to register you for this conference.  Should you be contacted by any organization or website that claims to offer lower rates we urge you to use extreme caution and contact [email protected] with any relevant information. 

What is the dress attire? 

Conference attire is smart casual (nice jeans, no shorts, no flip flops). Since meeting rooms are often cold, you may wish to bring a jacket or sweater.

How will I receive my registration badge and materials?  

Event materials will be distributed at the event registration area at the venue. Attendees MUST wear name badges to all conference sessions and events to gain admittance.

Whom do I contact with questions about my registration?  

Please contact: [email protected]

1-800-677-7621

What will the weather be like in Chicago, IL?

In July, Chicago an average high temperature of 82°F and an average low temperature of 70°F. 

How do I register for the event? 

By Web 

Register Online

By Phone    

Call 1-800-677-7621 and charge your registration/order to your credit card.   

Customer Care Hours: 

Monday through Friday, 8 a.m. to 5:00 p.m. ET 

Multiple/Group Registrations 

Group Discounts are available, please contact Customer Care at 1-800-677-7621, prompt #3 or email [email protected] 

What types of payment are accepted?

We accept the following payment methods: Check, ACH/Wire, Visa, MasterCard, American Express and Diner’s Club. 

For Check Payments:

The Risk Management Association

PO Box 71287

Philadelphia, PA 19176-6287

For ACH or Wire payments:

Bank Name: Wilmington Savings Fund Society, FSB

Routing Transit Number: 031100102

Account Number: 214055162

SWIFT/BIC Code: WSFCUS33

Beneficiary Name: Prosight Financial Association

I have registered, how do I modify my registration? 

To modify a registration, please contact the Registrar at [email protected]stating the specifics of the modification.  

What is included with my in-person event registration? 

You will have access to meals (breakfast, breaks, reception) and to all summit sessions.

EVENT CANCELLATION POLICY
The cancellation policy details for this event include:

  • Full refunds will be available on all cancellations emailed ([email protected]) to the registrar by May 30, 2025
  • No refunds or credits will be issued after May 30, 2025.
  • Registrants failing to attend the event will not be eligible for a refund.
  • All applicable refunds will be issued following the close of the event.
    • NOTE: A refund will be returned in the original purchase format. If paying with a credit card, a refund will take an additional 10 business days to post to your account.
  • If your payment is received in currency other than U.S. dollars, and you are due a refund, you will be responsible for any foreign exchange rate difference.
  • Hotel reservations will need to be cancelled directly through the Hotel unless otherwise communicated.