Our data scientists and model risk professionals have built, monitored and validated models inside large, regulated banks. They can add capacity to your modeling team, cover a key person’s leave, or strengthen your model risk management function without a long consulting engagement.
What our consultants do
- Credit model development, including probability-of-default and loss-given-default models
- Scorecard and machine learning model development
- Ongoing model monitoring and performance reporting
- Model validation and effective challenge
- Model documentation and model risk governance
Roles we place
- Data scientists
- Model developers
- Model risk management and validation analysts
- Model governance specialists
Recent Augment work
- Helping a client build new probability-of-default and loss-given-default models for its lending business.
- Providing model development and monitoring support for a large national tax preparation company while a team member was on leave.
Examples from our consultants' careers
Work our consultants did before or alongside Augment, described without naming employers or clients.
- Served as the primary model risk officer for an $18 billion auto finance portfolio.
- Led probability-of-default and loss-given-default model development and validation on a $54 billion portfolio.
- Replaced an old score-band credit policy with a machine-learning scorecard on a roughly $5 billion RV and marine loan portfolio.
- Built predictive models of long-term disability claim duration for a large insurer, informing reserves and supporting more than $100 million in operating income.
Frequently asked questions
How quickly can you start?
We can usually share consultant profiles the same day we first speak with you. Most consultants start 2 to 4 weeks after that first conversation, and our fastest start so far was 2 business days. We can move at your pace. More answers in our FAQ.
Can your consultants support regulated model risk work?
Yes. Many of our consultants come from large US banks and have worked under formal model risk management requirements, including CCAR/DFAST and ALLL processes. Tell us which models are in scope and we will match consultants with that experience.
How is pricing set?
Each consultant sets their own hourly rate and Augment adds a transparent margin. We aim to keep our gross margin at about 20%, well below traditional consultancies. You see each consultant’s billable rate on their resume before you interview.
Need analytics or risk talent?
Tell us what you need. We can usually share consultant profiles the same day. Read our FAQ.