Leka Research Institute

  • For first class advisory and risk consulting services, you can trust Leka Research!
  • Working Hours - Mon - Fri: 08:30AM - 05:30PM

  • USA

    1108 East Main Street, STE 906. Richmond, VA 23219

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Our History

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Our History

The idea behind Leka Research Institute began way back in 2010, following a client project on loan loss forecasting, conducted by Dr. Moleka to inform Loan Officers of decisions on when to approve or deny a loan application, using loan-level data. Since then, the company has grown to become one of the most trustworthy financial consulting firms, helping clients identify risks to their business and solving challenging problems.

We have completed over 156 model documentations and audited over 89 models for Model Risk Management (MRM) groups. Being known as a leading provider of risk management solutions, we have formulated the implementation of new ideas and developed effective strategies to meet the needs of our clients. These strategies are applied to model risk management implementation, including credit default, mortgage prepayment, market risk, CCAR, stress testing, and pre-provision net revenue (PPNR) models using a combination of regression classification and machine learning methods.

We Solve Challenging Internal Audit and Risk Management Problems for our Clients

  • Internal audit – performing tests of design and operating effectiveness, writing test scripts, developing internal controls, and regulatory compliance, for several client projects.
  • SOX Compliance – improved internal controls and identified model risk sources for large insurance companies.
  • Audit for CCAR, stress testing, shock analysis, credit risk modeling, CECL, consumer lending (including validation of checking and saving accounts), and credit risk strategy implementation for a global international bank.
  • Performed an internal audit, involving 65 action verification items for a large international bank.
  • Audit for Prescreen Campaign models for large credit card lender.
  • Fraud detection and surveillance analysis for a domestic bank.
  • Model validation analysis (pre-payment and default models) for large stock exchange group.
  • Wrote multiple model documentation for MRM Groups.
  • Developed CECL model for an IT-financial firm that wanted to sell new technology into the market.
  • Validated loan-level application model for a large mortgage lender.
  • Developed DFAST, and CCAR challenger models for several banks.
  • Validated deposit attrition model of top U.S banks.
  • Validated 21 PPNR sub-models for a large bank.