10 citations · 12 across the 9 of their papers we have counts for
5 papers · 1 filter
Governing Generative AI Across Financial Institutions: A Framework for Generative AI Risk Control
Dennis Mao, Alessandra Lin, Yixin Kang +1
Generative artificial intelligence is moving from general-purpose experimentation toward specialized applications across banking, capital markets, insurance, payments, and wealth m…
Bankruptcy Prediction from 10-K Narratives: Evidence from Interpretable Text Scores and Accounting Baselines
Zhen Zhang, Moxuan Zheng, Tongchen Zhang +3
Bankruptcy is a low-frequency but high-impact corporate event, making early risk identification important for creditors, investors, regulators, and risk managers. Traditional bankr…
A Counterfactual Diagnostic Framework for Explaining KS Deterioration in Credit Risk Model Validation
Yiqing Wang
The Kolmogorov-Smirnov (KS) statistic is widely used in credit risk model monitoring and validation to assess discriminatory power. In practice, a material decline in KS often trig…
Could Large Language Models work as Post-hoc Explainability Tools in Credit Risk Models?
Wenxi Geng, Dingyuan Liu, Liya Li +1
Large language models (LLMs) have shown promise in translating model-based explanations into human-readable narratives. This study evaluates whether LLMs can serve as post-hoc expl…
SHAP Stability in Credit Risk Management: A Case Study in Credit Card Default Model
Luyun Lin, Yiqing Wang
The increasing development in the consumer credit card market brings substantial regulatory and risk management challenges. The advanced machine learning models applications bring…