Dr. Siddharth Damle is a trailblazer in leveraging AI risk management techniques. He’s developed a groundbreaking method that helps financial industry players prevent banking crises by using Layers of Protection Analysis (LOPA). Sid has transformed the concept of LOPA into a structured risk management framework with three distinct lines of defense. Specializing in the design and implementation of AI and GenAI governance programs, Sid regularly advises clients on AI risks, focusing on responsible use and ethical considerations. With deep expertise in model validations —both AI/ML and non-AI — regulatory compliance, and internal audit reviews, he’s worked with top financial institutions and FinTechs to establish robust Model and AI Risk Management policies and programs. Sid also brings valuable experience in data remediation and regulatory reporting of financial risks.
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