CSRSA Live Webinar: Large Language Models in Credit Risk Management
Title: Large Language Models in Credit Risk Management
Date: June 24, 2026 @ 1PM-2PM Eastern Time
Presenters: Yara Elias, Leonid Kushnir and Shawn Sampson (EY)
This session examines how large language models (LLMs) can be used in credit risk management in a way that meets model governance expectations. We’ll describe a study we conducted using a synthetic Canadian SME portfolio and a logistic regression benchmark. The study compares prompt-based vs. fine-tuned LLM approaches to credit scoring, focusing on discriminatory power, stability, and reproducibility. The discussion highlights where LLMs can match or outperform traditional credit scoring models—and where additional model development risks might emerge. We will also discuss how LLM based capabilities accelerate credit risk processes more broadly, with a lens towards responsible adoption.
Yara Elias is a partner at EY Canada. She helps organizations accelerate value creation by leveraging data and AI responsibly. Previously, Yara was a postdoc at the Max Planck Institute for Mathematics in Germany. She holds a PhD in Mathematics from McGill University in Montréal. Yara is committed to the scientific and social responsibility that comes with AI adoption. She works with organizations to activate their responsible AI journey for better business strategy, operations and client experience.
Leon Kushnir is a Director in the Financial Services Risk Management (FSRM) Advisory practice at EY Canada, specializing in credit risk management and advanced credit risk modeling.
He brings over 15 years of experience advising leading financial institutions across Canada and internationally, including more than a decade focused on the design, development, and implementation of regulatory model frameworks such as AIRB, IFRS 9, and CECL. His work spans the full model lifecycle, from methodology development through validation and governance.
Shawn Sampson is a Partner leading the Credit, Climate and Capital team at EY Canada. He supports financial institutions in strengthening their credit risk management and model risk management frameworks, with a focus on IFRS 9, regulatory capital modelling, credit scoring, and risk rating system transformation.
Price: Free for members
