Eduardo Medeiros Rubik
Banco do Brasil
Eduardo Rubik holds an M.Sc. in Finance and Quantitative Methods from the University of Brasília (UnB), Brazil. He currently serves as Manager of the Credit Risk Model Validation team at Banco do Brasil, with expertise in statistical modeling applied to financial risk management.
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Articles by Eduardo Medeiros Rubik
Beyond mirror validation: the cost of ineffective challenge in model risk management
The authors demonstrate that the practice of confirming a developer’s model is correctly reimplemented and discrimination metrics are acceptable while leaving calibration under changing conditions unchallenged fails to detect calibration degradation.