Liquidity Risk Management USA 2018

3rd Annual

Liquidity Risk Management USA

October 23-24 2018 | New York City | DoubleTree Hilton

Reviewing the latest updates within liquidity risk including regulation, markets and technology

Key topics to be addressed:

Navigating liquidity risk in today’s regulatory environment

Reviewing the ability to build out and enhance the intraday liquidity program

Understanding the latest updates within funds transfer pricing and how firms can improve efficiency

Exploring approaches to identifying new and unexpected threats and strengthen risk management

Improving forecasting for an enhanced oversight of liquidity needs

Analysis of current stress testing practices and how firms can improve liquidity management

Understanding how the rising rate environment could impact markets and liquidity

Approaches to developing an independent risk function and defining roles and responsibilities

Exploring future predictions of the liquidity risk management function and how the industry might evolve

Hear from 20+ senior industry professionals including;

John Fennell

John Fennell
EVP & Chief Risk Officer


Andrew Craig
Officer, Funding and Liquidity Risk
Federal Reserve Bank of New York

Steve Hageman

Steve Hageman
Managing Director Liquidity Risk
Société Generale

Alexander Craig Headshot 1

Alexander Craig
MD, Head of US Liquidity & SIRR Oversight

Ashok Jha Head shot

Ashok Jha
Head of Finance and Risk Regulatory Technology
BNY Mellon

Why you should not miss Liquidity Risk Management USA 2018!

Liquidity risk management continues to be a vitally important area to ensure the stability of the financial industry. The financial crisis highlighted how poor liquidity risk practices can quickly lead to the downfall of various institutions and have a knock on effect across the industry. Since then increased regulatory requirements and improved practices have arguably contributed too many FIs strengthening their liquidity risk function.

We are now experiencing new challenges in the form of markets, technology and regulatory demand. It is the task of many industry professionals to stay ahead of the curve and effectively monitor new risks. Being informed and adaptable in this current environment is key to success.

In light of this The Center for Financial Professionals will bring together some of the industry’s most senior thought leaders to discuss the liquidity landscape. Our upcoming 3rdAnnual Liquidity Risk Management summit will provide a platform for the industry’s finest to discuss the latest trends, updates and opportunities within liquidity risk.

Liquidity Risk Management USA

Day One | October 23, 2018 | New York City

08:00 Registration and breakfast

08:50 Chair’s opening remarks

Moderated By

Byron Byrd, Director, Financial Services and Banking Solutions, Infor


09:00 Navigating liquidity risk as a SIFMU in today’s regulatory environment

  • Liquidity risks that CCPs like OCC have faced since the 2008 financial crisis
  • How have the regulations made achieving the level of liquidity resilience more difficult
  • The differences in central bank access between the U.S. and Europe
  • What innovations have occurred in response to the challenges and how that may impact the use of shadow banking to fill the gap

John Fennell, EVP & Chief Risk Officer, OCC

09:35 The shape of liquidity: what is coming in your liquidity journey

  • What shape is the market in now?
  • What are the signs
  • The dimensions of liquidity are changing
  • How is liquidity reshaping the business

Don Mumma, Managing Director – Risk, AxiomSL

10:10 Morning refreshment break and networking


10:40 Exploring current industry practices and the ability to build out and optimize the intraday liquidity program

  • Understanding firms specific intraday liquidity profiles
  • Fulfilling regulatory requirement
  • Maintaining buffer
  • Challenges for FBOs
  • Leveraging BCBS248
  • Production and analysis of a forecast that allows the optimization on inflows/outflows throughout a settlement day
  • Integration into contingency funding planning and stress testing
    • Liquidity buffers
    • Building a playbook- limiting market impact and reputational risk
  • Using technology to improve intraday approaches
  • Monitoring real time

Steven Hageman, Managing Director Liquidity Risk, Societe Generale


11:15 Intraday Liquidity:  The opportunities that Real-Time processing brings and the impact on liquidity risk

  • Reminder of the intraday challenge and what firms should be capable of doing by now
  • How to check your front / middle / back office is benefiting from real-time
  • The impact on liquidity risk professionals
  • What can technology do next – the opportunity for liquidity risk

Gary Manning, Director, Planixs


11:50 Identifying the latest trends and updates within FTP and how firms can look to enhance efficiency

  • Regulatory requirements
    • Broadening the scope of FTP
  • Internal review
  • How to handle the buffer
  • Combining FTP, liquidity, interest rate and banking book
    • Connecting various departments
  • FBOs challenges: Developing a FTP model which fits in locally and globally
  • Incentivizing the business
  • Enhancing BAU

Ishan Lal, Director, Credit Suisse

12:25 Lunch break and networking


1:25 Exploring the ability to strengthen risk management and effectively identify new and unexpected threats

  • Understanding firm specific risk
  • Risks beyond stress testing
    • Elements not captured
  • Building out a full risk identification framework
  • Increased communication with senior managers
    • Articulating risk
    • Increasing firm focus
  • Continual management

Rosanna Pezzo-Brizio, Treasurer – Head of Fixed Income, Intesa Sanpaolo

2:00 Advancements in liquidity measurements as the battle for deposits intensifies

  • Observations from consumer and commercial deposit data suggests the battle for deposits is heating up as rates rise
  • Perspectives on how the industry is advancing stressed liquidity measurement techniques around deposits, including more statistical modeling and machine learning concepts
  • Best practices for the use of stressed liquidity analytics in management applications such as balance sheet, pricing, and product management

Greg Muenzen, Director, Novantas


2:35 Discussing contingency funding plans and how institutions can best prepare for possible crisis scenarios

  • Liquidity requirements in a crisis
  • Holding of liquidity reserves
  • Enterprise-wide integration/transparency
  • Measures, plans and procedures to put in place – Early warning indicators (EWIs)/triggers, escalation work-flow

Johan Van Duyvendijk, Global Head Liquidity & Funding Treasury Risk Control, UBS

Christian Pichlmeier, Head of Liquidity Risk, MUFG Union Bank

James Santoro, Managing Director, Head of Liquidity & Investment Advisory Americas, BNP Paribas

3:15 Afternoon refreshment break and networking


3:45 Reviewing the ability to improve forecasting practices for enhanced oversight of liquidity needs

  • Accuracy of forecasting over the next twelve months
  • Understanding in flows & out flows
  • Key tools available to treasury
  • Improving co-ordination in the business
  • Data requirements for liquidity forecasting
  • Enhancing net interest margin via improved funding decisions and cash management
  • Improving crisis planning

Christian Pichlmeier, Head of Liquidity Risk, MUFG Union Bank

4:20 Liquidity Limits, Governance and Audit

  • Overview of the liquidity limits establishment
  • Governance – review and challenge
  • Audit approach over the liquidity limits and governance

Erjun Chen, Audit Director, CIT

4:55 Chair’s closing remarks

5:05 End of day one and networking drinks reception

Liquidity Risk Management USA

Day Two | October 24, 2018 | New York City

08:15 Registration and breakfast

08:50 Chair’s opening remarks

Moderated By

Steve Turner, Managing Director, Novantas


09:00 Reviewing the latest regulatory requirements and the ability to keep up to speed with increased scrutiny and pressure

  • Enhancing current regulation: What’s expected?
    • Reg YY
  • Potential changes to qualifying criteria
  • Allocating resources: Budget, time and staff
  • Regulatory feedback: MRA & MRIA
  • FBOs: Complying to multiple jurisdictions
    • Operating under a global governance framework
    • Allocating costs
  • Preparing for the future

Alexander Craig, MD, Head of US Liquidity & SIRR Oversight, RBC

Ashok Jha, Head of Finance and Risk Regulatory Technology, BNY Mellon

Vineet Gumasta, Regional Head Balance Sheet Risk, Rabobank


09:50 Understanding how firms can enhance current stress testing practices to improve liquidity management

  • Continual management and improvement
  • Best practice
  • Modelling
  • Incorporating business lines of liquidity into stress testing
  • Firm specific scenarios
    • Reviewing & adapting to business needs

Stephanie Weiss, Treasurer, Managing Director, Mizuho Securities USA

10:30 Morning refreshment break and networking


11:00 Understanding impacts of the rising rate environment and the possible risk associated with liquidity management

Charlie Peng, SVP and Head of Market Risk Management Department, Bank of China USA


11:40 Understanding impacts of the rising rate environment and the possible risk associated with liquidity management

  • Market volatility
  • How quickly is the market/rates changing
  • Managing liquidity in a rising rate environment
    • Larger vs Smaller FIs
  • Producing sustainable internal structures and frameworks

Johan Duyvendijk, Global Head Liquidity & Funding Treasury Risk Control, UBS

Charlie Peng, SVP and Head of Market Risk Management Department, Bank of China USA

James Santoro, Managing Director, Head of Liquidity & Investment Advisory Americas, BNP Paribas

12:30 Lunch break and networking

1:30 Franchise Viability Risk – Pillar 2 Liquidity by the PRA

  • Debt buyback
  • Early termination of non-margined derivatives
  • Prime brokerage
  • Matched books
  • What is franchise viability risk?
  • What actually happened in 2008?
  • How does regulation treat them now and in the future?
  • What other potential franchise viability liquidity risks are out there?


2:10 Resolution liquidity: Inter-affiliate considerations

  • Implementing RRP liquidity frameworks
  • Best practice
  • Variations in resolution liquidity and BAU liquidity stress testing
  • Variations in jurisdiction
  • Funding solutions
  • Continual management of RRP liquidity and BAU liquidity

Joshua Campos, Director – US Resolution Planning, RBC

2:50 Through the lens of our clients: Embracing, adapting, and planning for a world of change by governments, providers and within their ecosystems

  • Trends of the non-financial corporate, across the spectrum from traditional to digital
  • Impact on management of liquidity
  • How are they changing the way they buy and sell?
  • What new “rails” are they utilizing or exploring to facilitate their commercial activity?
  • Where are they relying on banks to help manage their liquidity?
  • What things are on the horizon that they are considering?

Michael Botek, Global Market Manager, Citi

3:30 Afternoon refreshment break and networking


4:00 Identifying approaches to developing an independent risk function and the ability to define roles and responsibilities

  • Independent risk function in the three lines of defence
  • Regulatory Guidance (SR-10-06, Reg. YY – Enhance Prudential Standards, Proposed Supervisory Guidance)
  • Roles and Responsibilities
  • Implementing the independent risk function

Andrew Craig, Officer, Funding and Liquidity Risk, Federal Reserve Bank of New York


4:40 Exploring the future predictions of liquidity risk management as a function and how the industry might evolve over the next five years

  • Anticipated future trends and themes
  • How to prepare
  • Regulatory expectation and vision
    • How do we anticipate the regulatory environment to develop
  • Technological advancements
  • Predictions on what the liquidity landscape will look like in five years’ time?

Benoit Dauchez, Executive Director/Liquidity Planning & Coverage, Morgan Stanley

Genti Smaci, Managing Director – Head of ERM Audit, BNP Paribas

Vineet Gumasta, Regional Head Balance Sheet Risk, Rabobank

Don Mumma, Managing Director – Risk, AxiomSL

5:30 Chair’s closing remarks & end of Congress

LRM USA Brochure

Liquidity Risk Management USA | Speakers

Find out more about our 20+ senior industry professionals that will be presenting at the Congress in October.

Michael Botek
Michael Botek, Global Market Manager, Citi

Michael Botek, focuses on advising clients on global liquidity and cash management solutions as well as on identifying client and market trends to shape Citi’s product development. Previously, he held roles in FX, Fixed Income and Derivatives as well as Liquidity Management at both JPMorgan and Deutsche Bank. Michael joined Citi in 2005 and holds his Series 7 and 63 licenses and CTP.

Byron Byrd
Byron Byrd, Director, Financial Services and Banking Solutions, Infor

Byron has been with Infor for over 14 years as a leader in the Financial Services, Banking and Insurance space. He supports Infor’s global financial services customers and ensures that Infor is meeting all of their enterprise application needs. Mr. Byrd is active in the industry at a number of global events including ACT, Eurofinance, Sibos, and AFP. Prior to Infor, Byron worked for several North American banks.

Joshua Campos - Headshot
Josh Campos, Director of US Resolution Planning, RBC

Josh Campos recently joined the Royal Bank of Canada as Director of US Resolution Planning.  Prior to joining the Royal Bank of Canada, Josh was employed by the Federal Reserve Bank of New York where he was a key participant in Federal Reserve System initiatives to supervise LISCC liquidity risk practices (CLAR) and recovery and resolution planning preparedness (SRP). Prior to the Federal Reserve, Josh was employed by BNY Mellon where he facilitated the development of capital, liquidity, and other financial content for global recovery and resolution plans, with ownership of resolution financial modeling assumption development and execution.

Erjun Chen, Audit Director, CIT

Erjun Chen is a director of Internal Audit Service at CIT. His responsibilities include leading an audit team covering the Liquidity and Market Risk practices as well as DFAST/CCAR processes at CIT.

Prior to joining CIT, Erjun worked at Ernest & Young and KPMG as a Senior Audit Manager and an Audit Manager, respectively focusing on the financial statements audits in the banking industry. Prior to work for “Big Four’ accounting firms, he worked as a Foreign Exchange trader at one of Chinese Banks.

Erjun holds MBA in Finance from Fordham University Graduate School of Business. He is a CPA licensed in New York State. he obtained a certification of data analytics from eCornell.

Andrew Craig, Officer, Funding and Liquidity Risk, Federal Reserve Bank of New York

Andrew is a liquidity risk specialist covering a large domestic financial Institution in the Second District of the Federal Reserve and participates in the Liquidity Program. He joined the Federal Reserve in 2011 after 20+ years in various treasury positions at a large domestic financial institution. Andrew holds a Masters in Economics from the University of New South Wales and a Masters of Applied Finance from Macquarie University. He is a Chartered Financial Analyst (CFA) and Financial Risk Manager (FRM).

Alexander Craig Headshot 1
Alexander Craig, MD, Head of US Liquidity & SIRR Oversight, RBC

Alexander Craig is Managing Director, Head of U.S. Liquidity & Structural Interest Rate Risk Oversight for RBC’s combined U.S. operations (CUSO). Mr. Craig joined RBC in October 2015 and is responsible for leading the US GRM team that conducts independent oversight and review of funding, liquidity and structural interest rate risk management for RBC CUSO. Prior to joining RBC, Mr. Craig was a Supervising Examiner at the Federal Reserve Bank of New York, where he was a member of the Funding, Liquidity and Interest Rate Risk team focused on large and systemically important financial institutions. In his time at the Fed, he was an on-site examiner at several large financial institutions and was a lead examiner for multiple components of the annual Comprehensive Liquidity Assessment and Review (CLAR) cross-firm, horizontal examination. Prior to the Fed, Mr. Craig was a senior member of M&T Bank’s corporate treasury division and was responsible for managing the bank’s investment portfolio, wholesale funding activities and bank owned life insurance (BOLI). Mr. Craig holds a Bachelor of Arts in Economics from Binghamton University and a Master of Business Administration from New York University’s Stern School of Business.

Benoit Dauchez, Executive Director/Liquidity Planning & Coverage, Morgan Stanley

Benoit has been a member of Morgan Stanley’s Liquidity Planning and Coverage team for over six years. His responsibilities include development of liquidity stress testing models and liquidity risk management.

Johan Van Duyvendijk, Global Head Liquidity & Funding Treasury Risk Control, UBS

Johan Van Duyvendijk will be presenting at Liquidity Risk Management USA 2018

John Fennell
John Fennell, EVP & Chief Risk Officer, OCC

John Fennell is Executive Vice President and Chief Risk Officer of OCC, the world’s largest equity derivatives clearing organization.
John is responsible for implementing OCC’s risk management strategy. He oversees OCC’s Model Validation and Enterprise Risk Management departments, along with Security Services, Business Continuity and Disaster Recovery, and Vendor Risk Management areas.
Since joining OCC in 1993, John primarily has worked in OCC’s Risk Management Department, where he served as Executive Vice President, Financial Risk Management. Previously, he served as Senior Vice President, Risk Management & Treasury Operations, overseeing Financial Risk Management and custodial operations related to all margin and clearing fund securities deposits with OCC.
John holds an M.B.A. in Finance from DePaul University and a B.S. from Northern Illinois University.

Vineet Gumasta head shot
Vineet Gumasta, Head of Balance Sheet Risk Management, North America, Rabobank

Vineet Gumasta is Head of Balance Sheet Risk Management North America at Rabobank. He has 18+ years’ experience in market risk, balance sheet risk management and extensive exposure to several regulatory environments spread across Asia Pacific and North America. He is a member of Risk Management Committee North America and a permanent invitee to ALCO North America besides representing region on the individual entity risk committees. His team is responsible for Balance Sheet risk reviews, frameworks, balance sheet risk related to new business initiatives, interest rate risk management and governance around EPS requirements with respect to liquidity risk management for the combined US operations. Prior to joining Rabobank Mr. Gumasta has worked with HSBC.

Mr. Gumasta holds a Master’s degree in financial management from Jamnalal Bajaj Institute of Management Studies, Mumbai University and an FRM certification from GARP.

Steve Hageman
Steven Hageman, Managing Director Liquidity Risk, Societe Generale

Steven Hageman is a Managing Director in Liquidity Risk for SG Americas. The Liquidity Risk Unit is responsible for independent review of liquidity and structural risks for the US Affiliates and Branches.
Prior to joining SG in April 2016, Steven worked for HSBC North America Holdings, where he was responsible for Asset Liability Management for the US Holding Company, including liquidity and interest rate risk. Steven worked for HSBC in ALM for over 9 years, and helped establish the liquidity risk reporting and management framework for their US Operation.
Prior to that, Steven worked for HSBC in a variety of Finance roles and with ABN AMRO supporting their Transaction Banking Market Research.

Ashok Jha Head shot
Ashok Jha, Head of Finance and Risk Regulatory Technology, BNY Mellon

Ashok Jha has more than 21 years of experience working in financial industry, building and managing technology solutions for front and back office functions in large financial institutions.

He is currently working for BNY Mellon as a Director in Business Partner Technology where he is responsible for implementation and adoption of Enterprise Data Lake for Risk, Finance, Corporate Treasury and Financial Regulatory reporting. Prior to this he managed implementation of Basel III reporting engine and regulatory platform with principles of BCBS 239.

Prior to BNY Mellon, Ashok worked for UBS, Credit Suisse and Barclays in various capacity in investment banking division, client management reporting, Regulatory reporting, Funding and Liquidity and Enterprise data management functions.

Ashok holds Master of Management Studies (M.M.S.) and M.E. in Systems and Information from Birla Institute of Technology and Science (B.I.T.S.), Pilani and Masters Certification in Project management from George Washington University.

Ishan Lal
Ishan Lal, Director, Credit Suisse

Ishan Lal’s primary responsibilities are capital and resource optimization, funding, and liquidity management. He is the Equities business point of contact with Treasury and Liquidity Risk teams as well as external regulators on liquidity and funding requirements for Prime Brokerage, Synthetic Financing and other Equities business activities. Ishan has also led the development of regulatory liquidity stress models governing Credit Suisse’s Prime Services businesses activities and was instrumental in establishing a governance framework to assess business activity across critical liquidity risk metrics.

Ishan joined Credit Suisse in 2002. Prior to his current position, he helped develop an equity secured funding capability within the Equities businesses. Ishan holds an M.B.A. from the Wharton School and a B.A. from Oxford University and is Series 7, 63 and 24 certified.

Gary Manning, Director, Planixs

Gary is an expert in intraday liquidity and helps banks around the world to address cash and liquidity management challenges.

Gary was with Credit Suisse for 14 years in a variety of senior positions up until May 2012. At Credit Suisse he was head of Group Cash Management which included responsibility for intraday liquidity. Gary led a programme of work to respond to regulatory pressure. This successfully delivered compliance and significant financial benefits, with accompanying liquidity buffer reductions of $multi-billions. Additionally the intraday insight improved funding, forecasting and credit risk.

Following a period of consultancy for SWIFT and a major European bank focused specifically on intraday liquidity, Gary joined Planixs to embed his 40 years of banking experience into Realiti®, the market-leading real-time intraday liquidity solution.

Gary is a key member of the Planixs’s management team, working with Clients to ensure their business exploits the insights that the Realiti® solution brings.

Greg Muenzen, Director, Novantas

Greg is a Director and leads the Treasury Advisory practice at Novantas. In his role, he focuses on Treasury measurement and strategic management issues.

During his time at Novantas, Greg has advised the largest institutions in the U.S., Australia, Canada, and Latin America on advancing risk measurement capabilities, often leading these institutions on responses to regulatory inquiries. In addition, Greg has experience advising financial institutions in the areas of interest rate risk, liquidity and funding risk, asset/liability management, risk-adjusted profitability measurement (with a focus on funds transfer pricing), stress testing, pricing, and strategy assignments.

Prior to joining Novantas, Greg was a Consultant in the Risk and Strategy practices at First Manhattan Consulting Group.

Ieva Sireikyte Photography
Don Mumma, Managing Director- Risk, AxiomSL

Don Mumma joined AxiomSL in 1998 and heads the Risk Management Practice.  Prior to joining AxiomSL, Don has 20 years of experience as a financial services executive, market participant and risk management specialist with JPMorgan Chase, Toronto Dominion and Credit Suisse. Mr. Mumma spearheaded TD’s US entry, first into the US Energy Industry, followed by active derivatives market making, which included key technology decisions. With CS, Mr. Mumma started the first Global Currency Options Unit, and while he was the Head of the bank’s Australia/New Zealand Region, acted as the Regional Chief Risk Officer. Mr. Mumma has several published articles on Risk Management and holds undergraduate and MBA degrees in Finance from Miami University and The Ohio State University. He is an active member of a number of professional organizations including GARP, PRMIA and IAFE

Charlie Peng
Charlie Peng, SVP, Head of Market Risk Management Department, Bank of China USA

Mr. Charlie Peng is currently a Senior Vice President and Head of Market Risk Management Department at Bank of China USA. His group is primarily responsible for overseeing the bank’s trading book market risk, the interest rates and liquidity risk in the banking book, and most recently the bank’s Recovery and Resolution Plans.

Prior to that, he was a director in Global Risk Oversight group at American Express, mainly responsible for financial & treasury risk modelling, market risk oversight, asset liability and liquidity risk management. He worked as a vice president at Bank of America Merrill Lynch in its Global Banking and Markets risk management group covering fixed income trading. He also worked at Deloitte & Touche LLP as consultant in financial derivatives valuation and auditing advisory.

Rosanna Pic
Rosanna Pezzo-Brizio, Treasurer – Head of Fixed Income, Intesa Sanpaolo
Rosanna Pezzo-Brizio is currently the Treasurer and Head of Fixed Income at Intesa Sanpaolo NY Branch. In her current role she is in charge of managing the liquidity of the Branch as well as supervising a Proprietary Portfolio.
Mrs. Pezzo-Brizio is also an Adjunct Assistant Professor in the Department of Mathematics at Columbia University where she teaches Fixed Income Portfolio Management.
She has a PhD in Mathematics of Finance from the University of Brescia in Italy and a Master of Mathematics of Finance from Columbia University.
Before joining Intesa Sanpaolo Mrs. Pezzo-Brizio was an Exotic Trader at RBS, a Risk Manager at Greenwich Capital and an analyst at Goldman Sacks Asset Management.
Christian Pichlmeier
Christian Pichlmeier, Head of Liquidity Risk, MUFG Union Bank

With more than 15 years of experience in Treasury and Asset/Liability Management, Christian joined MUFG in 2013 when he became Treasurer of MUFG’s Broker/Dealer. He built up the internal stress testing methodology and the linkage to internal funds transfer pricing. In 2016, Christian took on a role within MUFG to become Head of Liquidity Risk at MUFG Union Bank. Among the main accomplishments is a focus on internal liquidity ratios as opposed to regulatory ratios including building up a stress testing assumption set which measures up to highest regulatory standards. Before MUFG, Christian worked at Citi and HSH Nordbank of Germany, most notably as their Treasurer of the New York Branch.

James Santoro
James Santoro, Managing Director, Head of Liquidity & Investment Advisory Americas, BNP Paribas

Jim Santoro is a Managing Director and Head of Liquidity & Investment Advisory Americas at BNP Paribas. In this capacity, Jim and his team work with multinational organizations on end-to-end liquidity and investment needs by reviewing and understanding client investment policies, cash flow needs, return hurdles, etc., ultimately advising clients on creating optimal liquidity solutions for treasury cash.

Prior to joining BNP Paribas, Jim held senior roles with increasing responsibility in Liquidity and Finance at Bank of America Merrill Lynch and JPMorgan Chase. Jim has also spent time at SG Cowen and Neuberger Berman.

Jim received his MBA in Finance from the University of Notre Dame Mendoza College of Business and his bachelor’s degree from Villanova University. He is a member of the Association of Financial Professionals. Jim also holds series 24, 7 and 63 licenses.

Genti Smaci
Genti Smaci, Managing Director – Head of ERM Audit, BNP Paribas

Genti is the head of Enterprise Risk Management (ERM) Audit team within Inspection Générale North America (IGNA) Hub at BNP Paribas. The ERM audit team evaluates the bank’s capital planning, ALM and liquidity risk management, operational risk, and model risk management practices. In addition, the team also evaluates broader Enhanced Prudential Standards (EPS) requirements and other supervisory expectations related to Risk Management and Governance.

Genti has over 17 years of experience with IGNA where he has covered key business lines and functions of BNP Paribas’ North America operations.

He holds a degree in Finance from the University of Tirana and a Master’s Degree in International Finance from the University of Amsterdam. In addition, he is a certified Financial Risk Manager (FMR), Certified Internal Auditor (CIA) and holds a Certification in Risk Management Assurance (CRMA).

Steve Turner
Steve Turner, Managing Director, Novantas

Steve Turner is a Managing Director in Novantas’ Treasury and Risk Support practice. He has broad experience working with financial institutions to develop and execute financial strategies, improve risk measurement capabilities, and strengthen overarching governance. He focuses on treasury, liquidity and funding, valuation, stress testing, and governance issues. He started his career in commercial banking and led the treasury function of a $30 billion bank, along with stints leading the strategic planning and acquisition groups. Prior to joining Novantas, Steve was a Partner in the risk practice at First Manhattan Consulting Group.
Steve is a frequent speaker at numerous banking and regulator sponsored conferences on topics which have included LCR/NSFR industry effects, funds transfer pricing, stressed liquidity, and CCAR. He is a published author on these topics in top industry publications including the Novantas Review, Bank Accounting and Finance, Commercial Banking Review, Bank Director and American Banker.
Steve received a BS in economics from Allegheny College and an MBA in finance from Tulane University.

stephanie weiss
Stephanie Weiss, Treasurer, Managing Director, Mizuho Securities USA

Stephanie Weiss has spent the last 20+ years in Treasury at various global financial firms. She is currently the Treasurer of Mizuho Securities USA, where she created and implemented the Corporate Treasury function. She is responsible for the unsecured funding of the balance sheet, investing excess cash, developing policies and procedures related to funding, investing and transfer pricing, consistent with regulations where applicable.

She is also responsible for liquidity management, and has developed reports, analyses, policies and procedures to monitor, manage and mitigate liquidity risk to the firm.

She is a member of the ALCo and Risk Committees, as well as the New Products Committee.

She is also responsible for developing and maintaining relationships with banks, regulators and rating agencies for liquidity.

Risk Insights | Liquidity Risk Management USA

Find our speakers and sponsors thought-leadership articles here. These articles feed from our much larger Risk Insights area on our website that provides you with white papers, thought-leadership, articles and more across risk and regulation.

Erjun Chen presentation banner

About the 3rd line of defense / internal audit

By Erjun Chen, Director, Internal Audit, CIT Bank.

Examining changes to money market reform and the potential impacts to market volatility

By Jennifer Fitzgibbon, Head of Treasury Americas, Rabobank.


Liquidity risk playbook – From strategy to execution

Taking place on September 21, 10:30am (EST)

19th September 2018

Key challenges and concerns on the horizon for liquidity risk managers

By Johan Van Duyvendijk, Americas Head of Market & Treasury Risk Control and Global Head Liquidity & Funding Treasury Risk Control, UBS.
11th July 2018

Examining changes to money market reform and the potential impacts to market volatility

By Jennifer Fitzgibbon, Head of Treasury Americas, Rabobank.
11th July 2018

Reviewing the role of the lines of defence in liquidity risk management and driving decision making

5th July 2018

The impacts of a rising rate environment

By Charlie Peng, SVP and Head of Market Risk Management Department, Bank of China USA.
5th July 2018

Through the lens of our clients: Embracing, adapting, and planning for a world of change

By Michael Botek, Global Market Manager, Citi.
18th June 2018

Franchise Viability Risk – Pillar 2 Liquidity by the PRA

By John Vergel de Dios, Director, CIT Group.
14th June 2018
Erjun Chen article banner

Liquidity limits, governance and audit

By Erjun Chen, Director, Internal Audit, CIT Bank.
6th June 2018
Erjun Chen presentation banner

About the 3rd line of defense / internal audit

By Erjun Chen, Director, Internal Audit, CIT Bank.
24th May 2018

Liquidity risk: Regulation, markets and technology

By Shannon Harris, Senior Research Executive, CeFPro.
22nd May 2018

Incorporating a level of liquidity risk in stress testing and reviewing CLAR requirements

By Sunil Gangwani, Former Executive Director, Finance, ING.
22nd May 2018

The potential deregulation under the new administration

By Frank Morisano, Chief Risk Officer at Industrial & Commercial Bank of China.
21st May 2018

Reviewing the impact of EPS a year on

By Andrew Fellingham, Group Head, Director Market and Liquidity Risk Management Americas, SMBC.
9th May 2018

Improving resolvability and increasing productivity through robotic process automation

By Candice Nonas, Managing Consultant, RGP.
2nd May 2018

Reviewing the role of the lines of defence in liquidity risk management

By Andrew Fellingham, Director, Group Head Market and Liquidity Risk Management, Americas Division, Sumitomo Mitsui Banking Corporation.
14th March 2018

Managing risk through technology and creating a resolution plan

By Candice Nonas, Managing Consultant, RGP.


Liquidity risk playbook – From strategy to execution

Taking place on September 21, 10:30am (EST)

Key topics to be addressed include:

Risk Perspective | Overview and Best practices for Contingency Funding Plan | Early Warning Indicators / Relationship to Limits | Escalation process

Treasury Perspective | Testing of the Contingency Funding Plan | Scenario used | Scripted testing vs Fire drill | Involvement of senior management

Business Perspective | Business Impact and involvement | Global relationships

If you cannot make the live date, still register, as a full recording of the webinar will be sent to all registrants.

Hear from…

Christian Pichlmeier

Christian Pichlmeier
Head of Liquidity Risk
MUFG Union Bank

James Santoro

James Santoro
Managing Director, Head of Liquidity & Investment Advisory Americas
BNP Paribas


Johan Van Duyvendijk
Global Head Liquidity & Funding Treasury Risk Control

Sponsorship & Partners 

Can you organisation contribute at our Liquidity Risk Management USA Congress?

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.

Download our sponsorship package for an outline of what we can offer, but please contact or call us on +1 888 677 7007 where a member of the team will be happy to tailor the right package for you.

2018 Co-Sponsors:


AxiomSL combines deep industry expertise with an intelligent data management platform to deliver regulatory reporting, liquidity, capital & credit, operations, trade & transactions and tax analytics. Our global footprint spans 70 regulators across 50 jurisdictions, surveilling more than 2,000 regulatory filings. We currently serve national, regional and global financial institutions with more than $39 Trillion in Total Assets.

AxiomSL’s integrated platform minimizes end-user applications and manual processes, reduces time to market costs, leverages existing data, increases transparency and control while ensuring accurate and timely regulatory calculations and reporting. Sample solutions include Basel III capital and liquidity requirements, the Dodd-Frank Act, MiFID II, IFRS 9/CECL, and both market and credit risk management requirements


Infor builds business software for specific industries in the cloud. With 16,500 employees and over 90,000 customers in more than 170 countries, Infor software is designed for progress. To learn more about Infor, please visit


Novantas is the industry leader in analytic advisory services and technology solutions for banks. We create superior value for retail and commercial banks through deep and insightful analysis of the information that drives the financial services industry across pricing, product development, treasury and risk management, distribution, marketing, and workforce management.
For more information, visit

Interested in being a Media Partner?

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 or call +1 888 677 7007

2018 Media Partners

Liquidity Risk Management USA | Venue

DoubleTree by Hilton Metropolitan, 569 Lexington Ave, New York, NY 10022, USA

Book accommodation online here or by calling +1-212-752-7000. You may also seek alternative nearby accommodation using or Expedia

CPE Credits

To claim your CPE Credits please contact or call +1 888 677 7007


Can I present at Liquidity Risk Management USA

Yes, the Center for Financial Professionals are happy to discuss speaking opportunities at the Congress. For further information on this please contact

Are there any rules on the dress code?

Business attire is requested. The Congress is a formal opportunity to network with like-minded professionals and to gain knowledge from the industry’s finest risk management experts.

What is the cost and what is included in the registration fee?

We offer incentives for ‘early bird’ registrants of the Congress, as outlined on our pricing structure.

Registration includes breakfast, refreshment breaks, lunches, the cocktail reception at the end of day One, full access to the Congress sessions and exhibition area. Presentations from sessions are also available, subject to speaker approval.

Where can I find the Congress documentation and speaker presentations?

All registered attendees will receive an email with access to documentation and speaker presentations*

All available documentation will be provided after the Congress has taken place. However we will work with our presenters to make these available before the Congress where possible.

*Please note that our speakers often have to gain permission from their relevant compliance departments to release their presentations. On rare occasions compliance may not allow presentations to be distributed.

Will breakfast, lunch and refreshment be provided?

Yes. As with all of our events the Center for Financial Professionals will be providing brilliant coffee, breakfast, lunch, refreshments, and smaller bites during the networking breaks.

Will there be opportunities to network with other attendees?

There are ample opportunities for networking and interaction throughout the Congress, such as

  • Breakfast, lunch and refreshment breaks
  • Drinks reception at the end of the first day of the Congress (subject to confirmation)
  • Q&A, panel discussions and audience participation technology at the event and during the sessions
I have several colleagues that would like to attend, is there a group discount?

Certainly! We are pleased to offer you a 50% discount on the third registration or provide a fifth registration for free.

If you would like to register more than five colleagues please contact us on +1 888 677 7007.

Please note:

  • Registrations must be made at the same time
  • Registrations must come from the organization
  • The lowest registration will be discounted
Are there opportunities to share my thought-leadership at Liquidity Risk Management USA?

Yes there are plenty of opportunities for the Center for Financial Professionals to share thought-leadership to the attendees of Liquidity Risk Management USA and our wider risk professionals community.

At the event
We can distribute your material to the attendees or even offer you an exhibition booth so that you may enjoy a more prominent presence at the Congress. Visit the Sponsor tab for further information or contact / +1 888 677 7007.

Risk Insights
Feature your content on our Risk Insights website and supporting Risk Insights monthly newsletter. For further information please download our media pack here.

Are media partnerships available for Liquidity Risk Management USA?

Yes. As part of a media partnership we can offer a variety of options to increase the branding and awareness of your association, company, certificate, publication or media. We are flexible with what we can offer however we usually:

  • Provide a discounted rate to attend
  • Place your logo and profile on the Congress website
  • Place your logo on the Congress brochure
  • Place your logo on promotional content where applicable
  • Distribute your media/marketing at the Congress
  • Promote through social media channels

To discuss this further please contact or call +1 888 677 7007.

Liquidity Risk Management USA | Registration

Should you have any questions regarding registering, please contact the Center for Financial Professionals, please contact us on +1 888 677 7007 (US) or +44 (0)20 7164 6582 (UK).

Early Bird
(Register by October 12)

(Save $500)

Standard Rate
(after October 12)


Group Bookings:

Group rates are available for 3 or more attendees from the same organization, when registering at the same time. The current rate allows every third colleague to come along for half price or a fifth colleague to attend for FREE.

Other ways to register:

1. Save time and register by email

Simply email with your E-Signature – and we will do the rest for you!

2. Contact us directly

3. Download the PDF registration form

LRM USA - Early Bird[1]
LRM USA Brochure



Earn CPE Points

To claim your CPE points please contact or call +1 888 677 7007

Keep Updated


Interested in Liquidity Risk but not ready to register? Click here to keep updated.

2018 Co-Sponsors:

Co-sponsor image - Infor

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