... 49–180implementing and maintaining model, 151–180preparing data for modeling, 51–70processing and evaluating model, 101–124selecting and transforming variables, 71–99validating model, 125–150Creating ... 162 Risk matrix example, 73 Risk model(s), 9–10, 231–255.See also Modeling risk banking industry and, 9case examples of, 43–44financial type, 42fraud and, 10insurance industry and, 9selecting ... avoiding, 231–255. See also Modeling risk Hiring and teamwork, 21–22IImplementing and maintaining the model, 151–180, 230back-end validation, 176–177calculating the financials, 161–165champion...