21 Aug '26
This is a slides and video presentation created for my AI Ethics and Governance Course. It focuses on the ethical use and explainability of AI in market risk management, specifically on how AI can be applied to Value-at-Risk analysis.
This is an apt topic for exploration as AI is increasingly being used in financial risk management, and it is crucial to ensure that these AI systems are transparent, accountable, and aligned with ethical principles. The presentation covers the potential benefits of AI in market risk management, such as improved accuracy and efficiency, as well as the ethical challenges that arise, including bias, lack of transparency, and accountability. It also discusses the importance of explainability in AI systems, which is essential for building trust and ensuring that stakeholders can understand how AI models make decisions. The presentation concludes with recommendations for implementing ethical AI practices in market risk management, including the need for clear guidelines, robust testing, and ongoing monitoring of AI systems. Overall, this presentation provides a comprehensive overview of the ethical considerations surrounding the use of AI in market risk management.