Audit Risk 2019

08:00 Registration and breakfast

08:50 Chair’s opening remarks

AUTOMATION
9:00 Managing drive for efficiency and automation to effectively manage the audit landscape

• Automating processes
• Skills sets to meet demands
• Understanding broader audit landscape
  • IT and non-IT auditors
• Understanding data analytics and IT outputs
• Increasing efficiency and analysing data

Eduardo Gomez Garcia, Global Head of Treasury, Capital, Model Risk and Latin America Region Audit, American Express

LINES OF DEFENSE
9:40 Alignment of audit and risk departments and utilizing three lines of defense to provide value to the business

• Role of the three lines of defense
• Consolidating pressure on first line to increase efficiency
• Making all three lines work together to add value and manage risk
• Robust monitoring and auditing on a continuous basis
• Building 1st line testing programs

Luis Fernandez, Senior Audit Director, Corporate Management Center of Excellence & Risk Management Audit Services, Ally

10:20 Morning refreshment break and networking

ENTERPRISE RISK

PANEL DISCUSSION
10:50 Bringing it all together into one unified platform for oversight and controls across audit practices

• Risk governance
• Reporting and metrics
• Aligning processes and data
• Taking an enterprise view of audit
• Developing subject matter expertise

Patrick Simonnet, Global Head of Audit Market Behaviour & Conduct, Credit Suisse

SKILL SETS
11:40 Skill sets and talent acquisition and retention in internal audit to balance audit and SME knowledge

• Integrating different skill sets into internal audit
• Balancing inclusion and segregation of different groups
• Talent development to keep up with technology and regulatory advances
• Developing talent in internal audit to stay relevant
• Defining the scope of the role
• Creating a team with the right blend of skill sets

Ursula Merten, Director, Internal Audit Group, AIG

12:20 Lunch break and networking

THE ROLE OF INTERNAL AUDIT
1:20 The role of internal audit and its importance for independence

• Evolving primarily on identifying policy violations
• Encouraging compliance between regulations and auditors
• Design of execution of the 1st and 2nd line of defense infrastructure
• Barrier of Data
  • Transition from a document-centric to a data-centric
  • Accuracy in reporting and monitoring
  • Security and data integrity

Stephanie Mitchell, Director, Internal Audit, Scotiabank

CULTURE AND CONDUCT
2:00 Auditing corporate culture and ethical behaviour to protect reputation and ensure controls are in place

• Auditing culture and the people running the process
• Understanding risk and controls
• Applying automation techniques
• Qualitative and quantitative management of culture
• Inclusion and diversity – audit process to provide assurance
• Aligning with conduct
• Tone from the top

Hayseworth Hylton, Americas Head of Audit for Global Banking & Markets, HSBC Bank USA

BUSINESS
2:40 Aligning business objectives and cost of compliance to optimize value in the institution

• Managing costs whilst running the business
• The cost of risk
• Managing the cost of compliance
• Managing regulatory scrutiny
• Managing reputational risk by ensuring compliance
• Capping costs
• Determining governance and ownership responsibilities

Cristopher Luchsinger, Executive Director, USAA

3:20 Afternoon refreshment break and networking

REGULATION
3:50 How to create a robust audit program that includes regulatory coverage

• Create a robust audit compliance framework.
• Collaborate with first and second line on legal inventory / risk assessment
• Auditing against regulatory requirements.
• Communicate and report on regulatory issues / health

Micaela Sadati, CAMS, CRCM, Director, Team Leader, Internal Audit Group, American Express
Brock Marshall, VP, Audit Leader Compliance, American Express

PANEL DISCUSSION
4:20 Managing regulatory expectations in an evolving landscape and satisfying requirements across jurisdictions

• Audit keeping regulators satisfied
• Managing regulatory reviews and validation expectations
• Providing challenge to the business
• Jurisdictional deviations
• Gaining buy in from senior management
• Developing relationships with regulators

Rebecca Schauer Robertson, Director of AML Compliances, CAMS-Audit, CFE, CAFP, South State Bank
Ryan Mach, Consumer Banking Exam and Audit Risk Director, U.S. Bank
Asit Desai, Regional Head Credit Risk, Group Audit, Deutsche Bank

5:50 Chair’s closing remarks

6:00 End of day one

08:00 registration and breakfast

08:50 Chair’s opening remarks

DATA ANALYTICS

PANEL DISCUSSION
9:00 Expanding capabilities in data analytics across audit teams to develop an enterprise level picture

• Leveraging expertise for independent challenge
• Gaining buy in from management to give access to data
  • Security control questions
• Ensuring secured environments enable auditors to read data
• Auditing big data
• Using data to give assurance to Board that controls are in place
• Understanding what is being tested
• Monitoring risks using data
• Feeding data into one system for audit use
• Direct access to data in real time
• Continuous monitoring of audit areas

Amit Srivastav, Executive Director, Morgan Stanley
Cristopher Luchsinger, Executive Director, USAA
Dhaval Sheth, Head of Corporate Investigations and Analytics, CIT

9:50 Innovation in Internal Audit and Use of Data Analytics

Marc Sabino, Chief Auditor, Head of Innovation, Citigroup

10:30 Morning refreshment break and networking

TECHNOLOGY
11:00 Auditing technology usage across business lines and changes to processes internally

• Auditing AI and machine learning
• Understanding business uses of Ai
• Determining taxonomy across risk and audit

David Dunn, EVP, Assistant General Auditor, Information Technology, PNC

11:40 Maintaining independence of audit within a three lines of defense model for independent testing

• Validating controls as part of the bank
• Managing regulatory expectations
  • Managing conflicts
• Ensuring independence and testing controls whilst providing guidance to meet regulatory expectations
• Validating enforcement actions
• Limiting machine bias

12:20 Lunch break and networking

FINTECH
1:20 Auditing third party risks and maintaining controls with increased collaboration and adoption of FinTech capabilities

• Utilizing technology
• Limiting vendor and third-party risk
• Ensuring FinTech compliance and attention to risk management
• Competing talent across banks and FinTech’s
• Integrating into internal platforms
• Auditing third party risks of FinTech’s

THIRD PARTY RISK
2:00 Effective oversight and monitoring of third-party vendors and ensuring right to audit

• Understanding risks introduced by third parties
• Determining critical vendors
• Auditing third party management and associated risks

Jay Medders, Sr. Director, Internal Audit, TIAA

2:40 Afternoon refreshment break and networking

CYBER SECURITY/RESILIENCE
3:00 Developing cyber resilience practices to limit exposure and limit disruption

• Reviewing and understanding vulnerability assessments to identify risks
• Shadow IT to understand vulnerabilities
• Security product auditing
• Technology product developments
• Regulatory perceptions
• Keeping on top of the threat landscape
• Responding to incidents and preparing ahead of time
• Disruptive technology distributors
• Protecting customer data
• Detective controls

Jared Henderson, Audit Director, Information Technology and Cybersecurity, AIG

ISSUE REPORTING
3:40 Creating a global risk system and maximizing on issue reporting and validation practices for effective escalation and risk mitigation

• Linking trends to audit findings
• Enterprise risk reporting and validation
• Capturing risks across disciplines
• Governance of risk
• Formal issue validation
• Aligning with continuous monitoring
• Ensuring sustainability in solutions

Anna Walters, Director, U.S. Audit, Scotiabank

4:20 Chair’s closing remarks

4:30 End of day two

Asit Desai, Regional Head Credit Risk, Group Audit, Deutsche Bank

Asit Desai has been in the role of both Second Line of Defense and Third Line of Defense. He started his career in Credit Risk Management and is now leading the US Credit Risk Audit function at Deutsche Bank since May 2016. He is responsible for independent assessment and monitoring the effectiveness of Credit Risk in the US through Risk based Audits and issue validations, both Regulatory and Internal Audit raised.

Prior to joining Deutsche Bank, Asit was at Bank of America for more than 10 years where he held different roles in Audit and Risk Management. He was SVP in the Counterparty Credit Risk Audit team and previously held various positions in Credit Risk Management at Bank of America and Legacy Merrill Lynch. Asit has a MBA from New York University Stern School of Business.

David Dunn, EVP, Assistant General Auditor, Information Technology, PNC

David Dunn is Executive Vice President, Assistant General Auditor responsible for leading Internal Audit of PNC’s Information Technology, Information Security, Physical Security, Enterprise Fraud, and Enterprise Third Party Management functions.  Mr. Dunn is also responsible for leading the Data Analytics, Robotics, and Intelligent Automation function within Internal Audit.

Prior to joining PNC in November 2016, Mr. Dunn served as Senior Vice President and Senior Audit Director of Global Technology Operations for Bank of America.

Mr. Dunn has over 25 years of experience in technology, audit, and financial services. His experience also includes The Royal Bank of Scotland where he served as Senior Vice President, Head of Operational Risk Management for Citizens Financial Group. He spent 10 years at Capital One where he served in various roles including Executive Vice President, Head of Operational Risk Management and Senior Vice President, Senior Technology Executive for Capital One Bank, as well as Managing Vice President, Director of Information Systems Audit for Capital One Financial Services. In addition, Mr. Dunn served as the Director of Quality Assurance at PeopleSoft and as a Financial Systems Project Manager for Corning Incorporated.  Mr. Dunn began his career in public accounting.

Mr. Dunn earned M.B.A.s in General Management from the Johnson School of Management, Cornell University, Ithaca, New York, and in Global Management from the Queen’s School of Business, Queen’s University, Kingston, Ontario, Canada.  He earned a Bachelor of Science in Accounting from Excelsior College, Albany, New York. In addition, Mr. Dunn is a certified public accountant (CPA), certified internal auditor (CIA), certified information technology professional (CITP), and chartered global management accountant (CGMA).

Mr. Dunn is a frequent speaker at various industry conferences and forums and is an Adjunct Instructor at the Heinz College of Information Systems and Public Policy at Carnegie Mellon University.

Luis Fernandez, Senior Audit Director, Corporate Management Center of Excellence & Risk Management Audit Services, Ally

Luis is a Senior Director, high-energy passionate leader, with over 25+ years of experience leading initiatives across Financial Services business and governance functions (Trading, Sales, Compliance, Risk and Audit). Extensive experience in establishing and deploying Centers of Excellence; specifically, by addressing requirements and components under Enterprise Risk Management, Operational Risk Management and Corporate Compliance with a focus on leveraging Agile and Design Thinking methodologies in the development and deployment of strategic initiatives that go beyond regulatory expectations. Accomplished international executive capable to drive decisions and action across a diverse group of stakeholders.

Luis has lived and worked in Venezuela, Spain, United Kingdom, Ireland and USA. He received a B.A in Marketing and Communications from Lynn University, Boca Raton, FL. and an Executive MBA at Queens University of Charlotte in addition to several advance studies and certifications in Finance, Risk Management, Strategy and Leadership, among other international and scholarship awards.

Eduardo Gomez Garcia, Global Head of Treasury, Capital, Model Risk and Latin America Region Audit, American Express

Eduardo Gomez will be presenting at Audit Risk USA

Jared Henderson, Audit Director, Information Technology and Cybersecurity, AIG

Jared Henderson will be presenting at the forthcoming Audit Risk Congress.

Hayseworth Hylton, Americas Head of Audit for Global Banking & Markets, HSBC Bank USA

Hayseworth Hylton is an internal audit professional with a long track record of professional success and growth. He started his career at Ernst & Young’s financial services division, and his is now a Senior Vice President and the Head of Global Banking and Markets Internal Audit for the USA, Canada and Latin America and a member of the company’s senior management team. His team is responsible for providing independent assessment of the company’s business strategy and risk management framework.
Hayseworth is a Chartered Accountant and has a MBA from the University of Chicago Booth School of Business.

Cristopher Luchsinger, Executive Director, USAA

Cristopher Luchsinger is a Certified Internal Auditor and has held roles in Internal Audit, Risk Management, and Compliance at financial institutions including JPMorganChase, Freddie Mac, Capital One, and USAA. He has also managed operational risk and compliance testing functions within the second line of defense.

Cris holds a bachelor’s degree from The Ohio State University, and an MBA from Franklin University. He also completed Harvard Business School’s Program for Leadership Development, Harvard’s eMBA equivalent.

Cris and his wife Laura have two children: Wyatt and Avery.

Ryan Mach, VP, Consumer and Business Banking Exam and Audit Risk Director, U.S. Bank, N.A.

Ryan Mach is Vice President and Risk Director of Consumer and Business Banking Exam and Audit Management at U.S. Bank, N.A. in Minneapolis, MN – the nation’s fifth largest commercial bank. Ryan has been at U.S. Bank for five years in various risk-related roles in the second line of defence and business-line. Prior to joining U.S. Bank, Ryan was an attorney at Old Republic National Title Insurance. He earned his law degree from William Mitchell College of Law in St. Paul, MN.

Brock Marshall, Vice President, Audit Leader Compliance, American Express

Brock M. Marshall is a Vice-President – Audit Leader at American Express (AXP) specializing in regulatory compliance risks. He is a member of the Internal Audit Group (IAG) Management Team, the IAG Salt Lake City (SLC) site leader, a member of the AXP SLC Market Executive Team, and the executive sponsor of the SLC Career Development group. In his tenure with IAG, Brock has served within operational, technological, data analytic, and compliance audit roles. Specific to compliance, Brock was a founding member of the IAG-Compliance focused team, and developed the methodology to consistently assess compliance related requirements within audits of first-line operations. Brock’s academic background includes a B.S. in Finance and a Masters of Business Administration from the University of Utah. He has also received the Certified Internal Auditor, Certified Information Systems Auditor, Certified Regulatory Compliance Manager, and Certified Anti-Money Laundering Specialist qualifications.

Jay Medders, Sr. Director, Internal Audit, TIAA

Jay has an extensive financial services background both in internal audit and within the business-line. Prior to joining internal audit, he worked in retail brokerage operations (Operations Manager), product sales oversight (Registered Principal), and as a fixed incom investment analyst. Jay transitioned to financial services auditing when he joined First Union/Wachovia in 2000 focusing on retail brokerage, mutual fund operations, compliance, and asset/investment management. He later joined TIAA in 2007 with audit portfolio responsibilities including asset management (across all assets classes including public equity and debt, private equity and debt, real assets and commercial real estate) and Enterprise Risk Management.

In addition to his career in the financial services arena, Jay and his family (wife Tammy, and 3 children) served 2 years (2012-2014) in Ethiopia wih an international missions organization. During that time, Jay held the role of Director of Adminstration.

Ursula Merten, Director Internal Audit Group, AIG

Ursula will be presenting at the forthcoming Audit Risk USA Forum.

Stephanie Mitchell, Director, Internal Audit, Scotiabank

Stephanie Mitchell will be presenting at Audit Risk USA

Marc Sabino, Chief Auditor, Head of Innovation, Citigroup

Marc was appointed Chief Auditor – Head of Innovation for Audit, Citigroup in August 2017. He is responsible for the Internal Audit Innovation Team, which includes the strategic vision of an Innovation Strategy to significantly support and enhance the control environment and assurance through large population testing, anomaly detection and new techniques and technology.

Marc leads a team that identifies and executes innovation, automation opportunities and performs data analytics to drive insights and operational efficiency.  Previously, Marc was in Citi Productivity as the Head of Business Intelligence and Analytics and the Head of Human Capital Reporting and Analytics responsible for driving Citi’s analytics strategy with a focus on how the organization can better use data and technology solutions to manage revenue, employees, HR processes, banker and branch productivity, recruiting, diversity, and more.  A significant component of this role focused on new and emerging technology to drive outcomes.

Marc originally joined Citigroup in April 1992 with Finance.  His 25-year career at Citigroup has included Senior Municipal Derivatives Trader, Municipals CAO, CTO and In-business Risk Manager. Also, Marc was the Planning and Analysis Lead for Citi Markets and Securities Services.

Marc’s professional experience has focused on significant business and process transformation within the financial services industry; with the delivery of large projects, process re-engineering and innovation. Given the breadth and depth of the areas and projects Marc has worked on he has significant experience of all financial products, functions and processes.

Prior to joining Citi, Marc was the senior Product Control lead at Lehman. Marc received his Bachelor’s Degree in Economics from Drew University.

Micaela Sadati, CAMS, CRCM, Director, Team Leader, Internal Audit Group, American Express

Micaela Sadati, CRCM and CAMS is an Internal Audit Director and Team Leader in the Internal Audit Group Compliance team at American Express. She has over 14 years of cross continent experience in assessing financial institutions’ operational and regulatory compliance standing and reputation, specializing in AML, Regulatory Compliance, Data Analytics, Costumer Advocacy, Products and Services. Micaela holds a Master and Bachelor of Science in Business Economics from Gothenburg University. Micaela is currently pursuing a second Master’s degree in Business Management at Harvard University.

Prior to joining American Express, Micaela has 5 years of public accounting experience at Smith & Williamson, in Sweden, She managed global audit and advisory engagements, requiring the oversight and administration of large teams. Demonstrated agility by working in multiple industries, lines of service, and office locations whilst managing client and internal expectations in delivering high quality work.

Rebecca Schauer Robertson, EVP Director of AML Compliance, South State Bank

Rebecca “Becky” Schauer Robertson is Executive Vice President Director of AML Compliance for South State Bank, a subsidiary of South State Corporation, the largest publicly traded bank holding company in South Carolina with locations across the Carolinas, Georgia, and Virginia. Robertson is responsible for ensuring the Bank’s compliance with all facets of the Bank Secrecy Act, USA PATRIOT Act, and Office of Foreign Assets Control. Additionally, Robertson has oversight of the Bank’s Fraud department. She holds the advanced designation of Certified Anti-Money Laundering Specialist – Audit (CAMS-Audit), and designations of Certified AML and Fraud Professional (CAFP), and Certified Fraud Examiner (CFE). Robertson currently serves on the ABA CAFP Advisory Board.

Patrick Simonnet, Global Head of Audit, Market Behaviour & Conduct, Credit Suisse

Patrick Simonnet is a New York-based Director of Credit Suisse in the Audit department. He joined Credit Suisse in May 2014 as the Global Head of Audit, Market Behavior & Conduct. In this role, Patrick assumes global responsibility for the audit coverage of market conduct risk, including the related compliance and regulatory programs and activities.

Patrick joined Credit Suisse from JP. Morgan Chase, where he was an Executive Director within their regulatory change program.  Patrick has enjoyed a long career within banking and financial services.  Originally from Paris, he held a number of controls and business roles with the Banque de France and also the French Futures and Options Exchange (MATIF).  Patrick spent 14 years with Goldman Sachs in Paris, London, New York and Chicago in various roles, ultimately leading their Americas regional audit program.

Dhaval Sheth, Head of Corporate Investigations and Analytics, CIT Group Inc.

Dhaval Sheth is a Senior Vice President in charge of corporate investigations and analytics at CIT Group Inc. Dhaval has spent 20+ years advising companies on global compliance and regulatory matters. Dhaval leads a team of experienced investigators to investigate allegations of fraud and abuse across all business segments and Corporate units at CIT. Dhaval also leads a separate team focused on automation and analytics to identify areas for enhanced effectiveness and efficiencies. Dhaval reports significant issues to the Ethics Committee, Audit committee of the Board of Directors and senior management. Dhaval is a frequent speaker at conferences.

Amit Srivastav, Executive Director, Quantitative Analytics Group, Morgan Stanley

Amit Srivastav has been in the role of an Executive Director within Morgan Stanley since March 2014. In this role, he manages a team of quants within the Firm’s Internal Audit division and is responsible for monitoring, assessing, testing and reporting on model risk globally across the Firm. His team performs independent testing on all models within the Firm and in this capacity uses various tools and data analytics in monitoring and assessing overall effectiveness of model risk management in the Firm.

Prior to Morgan Stanley, Amit was at Bank of America for more than 10 years where he had different roles leading the Model Risk Audit team, Market Risk Audit team and the Counterparty Credit Risk team and pioneered use of dashboards and data analytics for monitoring risk. Amit started his career in Barclays Capital in the Risk Model Validation Audit team. Amit has a MS in Mechanical Engineering and a certificate in Statistics from Carnegie Mellon and an MBA and is also a CFA Charterholder.

Anna Walters, Director, U.S. Audit, Scotiabank

Anna Walters is a Director of U.S. Internal Audit at Scotiabank where she focuses on current and emerging risk relating to various corporate functions, including Finance, Product Control and Human Resources, providing high quality assurance audits to senior management. Anna is also actively involved in various departmental transformation projects, Internal Audit department build-out and talent acquisition and management, and Bank Employee Resource Groups. Anna was recently appointed to the Executive Committee of the Institute of Internal Auditor’s New York Chapter.

Previously, Anna worked for 11 years at Pzena Investment Management, a global investment management firm, where she served as Director and Head of Internal Audit. At Pzena, Anna was a member of the Operating Committee and was actively involved in Sarbanes-Oxley Compliance, Enterprise Risk Management, Third Party Risk Management, Cybersecurity and Privacy, Business Process Reengineering, and delivery of assurance and consulting audits.

Anna is an animal lover and rights activist and parent to two cats, two dogs and one teenage human daughter.

Sponsorship

Can your organisation contribute? Please contact the Center for Financial Professionals today to discuss how we can deliver your thought-leadership at the event, help you generate leads, and provide you with unique networking and branding opportunities. For more information on what we can offer, please contact sales@cefpro.com or call us on +44 (0) 20 7164 6582 where a member of the team will be happy to tailor the right package for you.

Media Partnerships

We are happy to support publications, associations and organisations at this event. From a simple company listing with your logo to taking advantage of some of our sponsor benefits listed above. To discuss a media partnership further please email amy.greene@cefpro.com or call +44 (0)20 7164 6582.

Venue

Millennium Times Square
145 West 44^th Street
New York
NY 10036
USA

Preferential rates at the Millennium Times Square New York Hotel:

We have secured a preferential rate of $249++ per night at the Millennium Hotel from October 6 to October 8. Please note that we have limited number of rooms available and we advise you to book your accommodation as soon as possible. This rate will expire on September 17 2019 or if our quota is met.

Please click here to book your room.

FAQs

Earn up to 14.5 CPE Credits

Earn up to 14.5 CPE Credits for the two-day Congress.

• Prerequisites: Knowledge of financial risk management
• Advanced Preparation: No advanced preparation is required
• Program Level: Intermediate to advanced
• Delivery Method: Group-live

The Center For Financial Professionals is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org

Please note these are subject to change as per the agenda and final credits will be available after the event.

Representing a financial institution (E.g. Bank, Insurance company, Asset Manager, Regulator)

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