7th Annual Stress Testing Europe 2019

Keeping up with emerging trends and utilising stress testing as a tool for driving strategic business decisions

7th Annual Stress Testing Europe

November 12-13, 2019 | London

Keeping up with emerging trends and utilising stress testing as a tool for driving strategic business decisions

Regulation 
Managing global requirements and jurisdictional variations

Efficiency
Improving capabilities internally to deliver a more comprehensive way to increase the efficiency

 Non-Financial Risk
Modeling techniques to determining economic impact

ICAAP & ILAAP 
Increasing interaction and integration for a unified view of impacts

 Technology
Leveraging opportunity of emerging technology in a framework

IFRS 9 
Accessing the alignment to better understand the impact on provisioning and capital allocation

 Climate Change
Incorporating environmental, social and governance risks to stress tests

Reverse Stress Testing
Using as a tool to measure and understand losses and business performance

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David Aikman
Technical Head of Division
Bank of England

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Giorgio Bocchi
Managing Director, GBAM Model Risk Officer
Bank of America

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Gianluca Cantalupi
Head of Enterprise Risk Management, International Wealth Management
Credit Suisse

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Cecilia Gejke
Chief Risk Officer
East-West United Bank

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Jerome Henry
DG Macroprudential Policy and Financial Stability
European Central Bank

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Ying Hu
Head of Risk Analytics
SMBC Europe

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Pradyumna Javalekar
ED, Head of CVA Stress Testing
JP Morgan Chase

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Harry Peterson
CRO
Rabobank

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Dilip Singh
Director, Stress Testing
Barclays

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Etienne Varloot
Global Head of Market and Counterparty Risk
Credit Agricole

Stress Testing experts across Europe continues to grapple with keeping up with emerging trends and using these tools in practice to produce informed business decisions. As the stress testing industry matures and global regulatory expectations are better understood, the focus shifts towards BAU and managing stress testing on a continual basis.

The 7th Annual Stress Testing Summit looks to provide a platform for increased networking and discussion with industry leaders to review advances in stress testing in order to stay ahead. In an era of continual regulatory change, competition and technology developments, stress testing should be seen as a tool to better understand and manage risks.

Join us on 12-13 November in London to network and interact with peers across two days of interactive case studies, presentations, panel discussions, networking breaks and more.

CPD Accredited

“We are pleased to announce that our courses have been independently evaluated for Continuing Professional Development purposes by The CPD Certification Service. This means our courses comply with universally accepted principles of Continual Professional Development (CPD) and have been structured to meet the criteria of personal development plans”.

8:00 Registration and breakfast

8:50 Chair’s opening remarks

 REGULATORY REQUIREMENTS – PANEL DISCUSSION
9:00 Managing global stress testing requirements and jurisdictional variations

  • Non alignment across global regulators
  • Inefficiencies for banks and supervisors
  • A way forward for greater efficiency and value addition
  • Meeting data and IT requirements
  • Going beyond regulatory requirements to effectively contribute to steering
  • Managing at a legal entity level in consistency with Group level

Marc Irubétagoyena, Head of Group Stress Testing and Financial Synthesis, BNP Paribas
Gregoire Babin, Executive Director, Wholesale Credit Analytics and Solutions, JP Morgan Chase & Co.
Volker Weis, Head of Group Stress Testing ERM, Deutsche Bank AG

NON- FINANCIAL RISK         
9:50 Exploring modelling techniques for non-financial risk and stress testing

    • Uncertainty and risk
    • Modelling techniques, properties and pitfalls
    • Expert judgements and the Bayesian approach
    • Turning a scenario analysis into economic impact

Alexander Von Felbert, Head of Risk Management, Airbus Bank

10:30 Morning refreshment break and networking

CLIMATE CHANGE
11:00 Stress testing climate change: Incorporating environmental, social and governance risks to stress tests

    • Addressing across teams and risk types
    • Implementing in a stress test approach
    • Aligning with risk policies
    • Communicating to investors and the board
    • Assessing physical risk
    • Assessing credit impact of carbon transition companies
    • Top down and bottom up approaches to identify key risks

David Aikman, Technical Head of Division, Bank of England

11:40 ESG standards – from consciousness to regulation to stress testing impacts

  • Increased investor awareness and attention of ESG including climate change and pollution impacts
  • Regulatory attention with Bank of England announcements and European Commission text proposals (MiFID changes)
  • Integrating ESG in investment proposals and offering in decision process
    • Impact on the way the sell-side handles ESG requirements
  • Incorporating an ESG framework into capital and stress testing processes

Xavier Pujos, Managing Partner, Sionic Global

12:20 Lunch break and networking

BREXIT
13:20 Using stress testing as a tool to prepare for Brexit and review potential economic impacts across markets

    • Geopolitical scenarios
    • Brexit: Impact on UK market
      • Impact on key sectors
      • Access to market
    • Preparing for shocks to the UK market
      • Contagion across other markets
    • Investor movement and liquidity
    • How does a potential UK election impact Brexit outcomes

Imran Syed, Market Risk Stress Testing, UK Entities, Credit Suisse

MODEL RISK – PANEL DISCUSSION
14:00 Managing global model risk requirements and demonstrating effective controls

  • SS318 compliance
  • Underlying calculations
  • Model requirements: SS318, TRIM, SR 7-11 etc.
  • Defining models internally
  • Building a full model inventory for full oversight
  • Incorporating model risk into risk appetite

Etienne Varloot, Global Head of Market and Counterparty Risk, Crédit Agricole
Giorgio Bocchi, Managing Director, GBAM Model Risk Officer, Bank of America Merrill Lynch

14:50 Demonstrating governance processes of model risk for effective challenge at Board level

  • Understanding models at board level to satisfy risk requirements
  • Articulating limitations of models to the board
  • Challenging aggregate results of models
  • Demonstrating a robust review and challenge governance process
  • Keeping governance in the first line
  • Managing tension under senior managers regime
  • Where does ICAAP and ILAAP sit within an institution?

Ying Hu, Director, Head of Risk Analytics, SMBC Europe Limited

15:30 Afternoon refreshment break and networking 

DATA
16:00 Data integration into a group wide framework for stress testing and leverage of its value

  • Expectations in terms of data for stress testing
  • Output quality dependency on input data quality in a BCBS 239 context
  • Merging inputs across systems: creating a common data source
  • Data technologies available
  • Approaches to standardise and normalise data across businesses
  • Classifying data according to importance to prioritize
  • Reaching final decision and output from testing
  • Leverage the framework for other uses

Marc Irubétagoyena, Head of Group Stress Testing and Financial Synthesis, BNP Paribas

IFRS 9
16:40 Reviewing changes and future capabilities under stress testing with incorporation of IFRS 9

    • Incorporating counter cyclicity in processes
    • Changes to rating models
    • Aligning the stress testing and IFRS 9 with one scenario
    • Limiting duplication of efforts with forward projections
    • Do the standards contradict each other?
    • P&L projections in IFRS 9 avoiding big swings
    • Stress testing reactive models
    • Modelling approaches across institutions
    • Transition across different stages/buckets
    • Addressing how to standardizing input data

Dilip Singh, Director, Stress Testing, Barclays

17:20 Leveraging outcome of alignment of IFRS 9 and stress testing to better understand impact on provisioning and capital allocation

    • Impact of macroeconomic assumptions
    • Addressing sensitivity in model but not accounting
    • Using methodology on a day to day basis
    • Uses of IFRS 9 and US CECL for monitoring and making business decisions
    • Bringing losses into day one with foresight of the full extent of the scenario
    • Realistic nature of numbers with perfect foresight
    • Reflecting in balance sheet and deriving steering actions

Richard Bowles, Head of Prudential Implementation, Lloyds Banking Group

18:00 Chair’s closing remarks

18:10 End of Summit

8:15 Registration and breakfast

8:50 Chair’s opening remarks

Xavier Pujos, Managing Partner, Sionic Global

REGULATION
9:00 Building a framework to combine internal and regulatory stress tests to gain a full view of risk

  • Incorporating different types of risk
  • Building a consistent scenario that addresses specific risks
    –        E.g. cyber attacks
  • Difference between generic and board risk types
  • Deriving value from stress tests
  • Writing a storyline that fits the business model
  • Deriving results from a macroeconomic story
  • Translating external indicators to internal stress indicators
  • Reacting to and managing stress
    –        Convincing front office to commit time

Nigel Milbank, Head of Stress Testing Delivering, RBS

STRATEGIC PLANNING
9:40 Using stress testing as a value adding tool to drive decision making and strategic planning

  • Changes to risk factors based on increased technology use
  • Changes of behaviours in markets
  • Investment in tools, processes and people
  • Strategic relevance of stress testing
  • Aligning results with strategy and direction of business
  • Identifying weaknesses and vulnerabilities and what action to take

Edmund Bosworth, Head of Capability and Controls, RBS

10:20 Morning refreshment break and networking

EFFICIENCY – PANEL DISCUSSION
10:50 Improving capabilities internally to deliver stress tests in a more comprehensive way and increase the efficiency of stress testing

    • Can stress testing be embedded into a consistent framework
    • Creating a model platform to automate and optimise processes
    • Automation of creation and execution of stress test models
    • How to handle complex products in stress testing
    • Collaboration across the bank
    • Developing databases
    • Understanding results and application to real world examples
    • Understanding market behaviours
    • Working with business lines to understand characteristics of portfolios

Sunil Verma, Head of Market Risk Stress Testing Methodology, UBS
Harry Petersen, CRO, Rabobank
Akash Shah, Head of Market and Liquidity Risk, Shawbrook Bank
Gianluca Cantalupi, Head of Enterprise Risk – International Wealth Management, Credit Suisse
Pradyumna Javalekar, Executive Director, Head of CVA Stress Testing, JP Morgan Chase & Co.

SCENARIOS
11:40 Stress testing in a continuum of severity levels: Bringing it all together under one framework

  • Business as usual to extremely severe
  • Resolution of a firm
  • Risk appetite framework covering all levels of stress
  • Ensuring consistent application
  • Designing scenarios based on market conditions
  • Creating the appropriate number of scenarios
  • Relying on past stress sources to determine severity
  • Identifying factors not included in stress test today

12:20 Lunch break and networking

13:20 Stress-testing banking systems: a comparative assessment – with a focus on scenario design  

  • Variations of stress test designs across institutions
    • Tailoring based on micro or macro prudential objectives
  • Characterising exercises based on governance, operational implementation and outcomes
    • Review of stress tests conducted for the Euro area, Japan, Switzerland, and the US and features associated with specific objectives
  • Designing underlying scenarios: Issues and decisions to be taken
  • Issues to be addressed comprise:
    • Risk drivers and narrative
    • Models used to generate macro or financial variables
    • Gauging severity
    • Number and type of scenarios to use – as well as generating scenarios for reverse stress tests or policy calibration

Jérôme Henry, Principal Adviser – DG Macroprudential Policy and Financial Stability, European Central Bank

ICAAP & ILAAP
14:00 Increasing interaction and integration of liquidity and capital stress tests for a unified view of impacts

  • Time horizons for each
  • Artificial separation of both
  • Including capital and liquidity reference points in each
  • Impact of each on the other
  • Gaining an integrated view of risk
  • Calibration based on expert judgement and real-life example
  • Understanding the interlink between liquidity and capital

Dr Martin Marchesi, Head of Stress Testing & Credit Projection, Intesa Sanpaolo

REVERSE STRESS TESTING
14:40 Implementing and leveraging reverse stress testing as a tool to understand losses and measure regulatory and business performance

  • Link with ICAAP and ILAAP
  • Relation to resolution planning and scenario design
    • Using to calibrate and define resolution plan
  • How to implement and use reverse stress testing
  • EBA guidance on conducting reverse stress test
  • Understanding objectives and uses
  • Living Wills to determine contingency plans
  • Ring fencing retail business to strengthen capital in a recession

15:20 Afternoon refreshment break and networking

AI AND MACHINE LEARNING
15:50 Optimising conventional techniques and leveraging opportunity of emerging technology in a stress testing framework

  • Using for stress testing and reverse stress testing
  • Limitations in explain ability of AI and machine learning
  • Ability to back engineer to explain narrative generated
  • Using as a tool to capture new and emerging risks
  • Aligning with IT and data departments
  • Changing collaborations across the institution
  • Calculation and reporting
  • Volume of calculations required

TECHNOLOGY – PANEL DISCUSSION
16:30 Integration of AI and machine learning to apply a broader spectrum of appropriate shocks to individual portfolios

  • Applying shocks relevant to market risk sectors
  • Using machine learning to come up with appropriate shocks
  • Human involvement to assess how realistic a scenario is
  • Performing individual analysis on portfolios
  • Offering diversity in scenarios available
  • Looking beyond normal risk factors
  • Running pattern analysis on a broad range of scenarios

Assad Bouayoun, Senior XVA Quantitative Expert, HSBC
Cecilia Gejke, Chief Risk Officer, East-West United Bank

17:20 Chair’s closing remarks

17:30 End of Summit

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David Aikman, Technical Head of Division, Bank of England

David is Technical Head of Division in the Macroprudential Strategy and Support Division within the Bank’s Financial Stability and Strategy Directorate.  His team is responsible for developing the Bank’s macroprudential framework, including its strategy for applying macroprudential tools.

David recently spent two years on secondment at the Board of Governors of the Federal Reserve System in Washington DC.  He has also been a visiting scholar at the Bank of Japan’s Institute for Monetary and Economic Studies.

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Gregoire Babin, Executive Director, Wholesale Credit Analytics and Solutions, JP Morgan Chase & Co

Gregoire Babin will be presenting at Stress Testing Summit.

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Assad Bouayoun, Senior XVA Quantitative Expert, HSBC

Assad Bouayoun is a senior XVA Quantitative Analyst at HSBC Global Banking and Markets with more than 15 years’ experience in leading banks. He has designed industry standard hedging and pricing systems, first as a single asset quant (equity derivative at Commerzbank, credit derivatives at Credit Agricole) then as XVA quant in, in XVA at Lloyds in Model Validation at RBS in Model Development.

Assad has extensive experience in developing enterprise wide analytics to improve the financial management of derivative portfolios, in particular large scale hybrid Monte-Carlo and Exposure computation. He developed a prototype of XVA platform integrating advanced technologies (GPU, Cloud computing) and numerical methods (AAD) to enable fast and accurate XVA, sensitivities, real time PNL attribution and reverse stress testing. He is now participating to its productionisation.

Mr. Bouayoun holds an MSc in Mathematical Trading and Finance from Cass Business School, and a Master in Applied Mathematics and Computer Science from Université de Technologie de Compiegne (France)

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Edmund Bosworth, Head of Capability and Controls, RBS

Previously the Head of Risk Reward at Westpac Banking Corporation in Australia and the Head of Risk Analytics at AIB, Ed leads RBS’ stress testing change program.

Ed has been at the cutting edge of bank risk management practices for more than 20 years experience. He is the co-author of an early public study on loss given default and oversaw Westpac’s enterprise-wide stress testing program.

Ed holds a postgraduate degree in statistics and is a member of the Institute of Directors in Ireland.

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Giorgio Bocchi, Managing Director, GBAM Model Risk Officer, Bank of America Merrill Lynch

Giorgio is Senior Quantitative Finance Manager in the Global Banking & Markets Model Risk Management team based in London. He is the Model Risk Officer for Global Banking & Global Markets.

Giorgio joined Bank of America in 2013.

Before joining the bank, Giorgio was Director at Deutsche Bank where he spent 11 years, initially in the Global Valuation Group Equities – Methodologies & Models responsible for providing technical support to Finance on valuation, modeling and reserving issues and from 2006 in the Model Validation Group progressing from Model Validation analyst to Head of equity and commodities model validation areas and lately as deputy head of Model Validation.

Giorgio holds a Ph.D. in Mathematics for Economic Decisions at the University of Trieste (Italy), a MSc in Actuarial Management at City University (London). He also holds a Diploma in Trombone from School of Music ‘L. Campiani’ in Mantua (Italy).

Giorgio is a member of the board of EMERGENCY UK in London.

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Richard Bowles, Head of Prudential Implementation, Lloyds Banking Group

Richard has been leading the implementation of IFRS9 for Retail, Consumer Finance and Asset Finance at Lloyds Banking Group since January 2015.

Prior to his current role, he was Head of Capital & Impairment for the UK and Ireland Mortgage portfolios at LBG – he was responsible for all the capital and impairment actuals and forecasting for c£330bn of Mortgage assets.

Richard has a background in Risk modelling, covering all asset classes, having worked as both a modeller and in the independent model review team at LBG.

Richard has an MSc in Economics & Econometrics from Nottingham University.

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Gianluca Cantalupi, Head of Enterprise Risk – International Wealth Management, Credit Suisse

Gianluca is Head of Enterprise Risk for the International Wealth Management division at Credit Suisse. His function acts as a guardian of divisional risk appetite, sharing responsibility with management for unexpected or “out of strategy” losses incurred in the business. Within Credit Suisse, he previously headed the Credit Portfolio Management team for UK Investment Banking entities.

Gianluca also covered a Senior Financial Engineer role at Algorithmic, leading projects on Market and Credit Risk, ALM and Liquidity/Solvency II.

Gianluca started his career as a strategist/trader for FCT Group in 2006, just in time to experience some of the 2008 volatility where he learnt first-hand the importance of holistic risk management.

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Cecilia Gejke, Chief Risk Officer, East-West United Bank

Cecilia has a background in Material Physics and development of renewable energy sources before joining the world of Finance. Cecilia has spent many years at institutions like Bear Stearns, JP Morgan, Santander and Mizuho prior to joining Nordea to set up the holistic stress testing team, looking across Market risk, IRRBB, Counterparty credit, Liquidity and Capital. She has a broad risk management experience across the various disciplines including Credit, Market and Liquidity with particular focus around stress testing and capital & liquidity scenario analysis.

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Jérôme Henry, Principal Adviser – DG Macroprudential Policy and Financial Stability, European Central Bank

Jérôme Henry is Principal Adviser in the ECB Macroprudential policies and financial stability area. His responsibilities cover IT and data infrastructure as well as financial stability assessments, in particular via stress-testing. He led ECB teams for the Quality Assurance of SSM stress tests and was involved in country crisis management. He also was a BIS FSI fellow.

Mr Henry was beforehand a long-standing Euro system forecast coordinator. He started at the ECB leading the macro modelling team. He arrived in Frankfurt more than 20 years ago, to prepare Monetary Union, after being a macroeconomist with Banque de France. Prior to his central bank career, he did research at the OFCE and the INSEE.

Mr Henry has numerous academic publications in e.g. the Review of Economics and Statistics and with Cambridge University Press, also contributed to books on stress-testing e.g. the ECB STAMP€. He is a founding member of the CEPR Euro-Area Business Cycle Network. An ENSAE graduate, Mr Henry holds a PhD in Economics and a BA in History from Paris Sorbonne.

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Ying Hu, Director, Head of Risk Analytics, SMBC Europe Limited

Dr Ying Hu is the Head of Risk Analytics at Sumitomo Mitsui Banking Corporation Europe Limited (SMBCE). She is responsible for SMBCE’s Credit and Op risk modelling, ICAAP stress testing, RAROC and RWA calculations. Her latest project was to establish a Model Risk Management Framework for the bank. Prior to joining SMBCE she worked at Deutsche Bank in the Risk Analytics and Instruments Group, where she was responsible for managing and developing Deutsche’s RAROC pricing tool. Ying holds a PHD degree in Electronic Engineering from the University of Warwick.

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Marc Irubétagoyena, Head of Group Stress Testing and Financial Synthesis, BNP Paribas

Marc Irubetagoyéna is a member of the Group RISK Executive Committees of BNP Paribas. In his current role, he is responsible for the global stress testing and financial synthesis platform of BNP Paribas. After his studies of Engineering, Finance and Statistics, Marc started his career in consulting at Arthur Andersen in 1999. He joined BNP Paribas in 2002 within Group the Performance Management team. He drove the implementation of a value creation steering program and contributed to BNL Spa integration. In 2006, he moved to the Global Equity and Commodity business, launching notably a Private Equity offer. In 2009, he came back to Group Finance to ensure the financial synthesis of the Retail Banking division. In 2011, he launched a joint team between Group Finance and Group ALM Treasury to steer the liquidity of the Bank and implement a regulatory liquidity reporting framework. In 2015, he took the role of CFO of the Global Market business line. Marc holds Engineer diplomas from Ecole Poly technique and ENSAE.

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Pradyumna Javalekar, Executive Director, Head of CVA Stress Testing, JP Morgan Chase & Co.

Pradyumna is currently the Head of XVA stress testing at JP Morgan. He has an extensive experience in counterparty risk and stress testing, having worked both in front office and risk management roles for more than a decade at Deutsche Bank (previously) and JP Morgan. He is responsible for XVA stress testing across a range of regulatory exercises, including CCAR (in the US) and various European exercises. His responsibilities and experience encompass various aspects of stress testing, particularly model/methodology, technology and execution.

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Dr Martin Marchesi, Head of Stress Testing & Credit Projection, Intesa Sanpaolo

Martin is head of Stress Testing and Credit Projections at Intesa Sanpaolo. His team, among other things, coordinates stress test activities within the Group, develops projections – both in business as usual and in stress conditions – for credit risk and is involved in the design of stress scenarios. Before returning to Intesa Sanpaolo Group, where he covered various positions in the planning and control area, Martin has spent ten years in Banca Popolare di Vicenza Group, where he gained the position of deputy Chief Risk Officer. Martin attained a PhD and a Master, both in Economics, at the University of Manchester.

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Nigel Milbank, Head of Stress Testing Delivering, RBS

Nigel is a Chartered Accountant and Cambridge graduate. Nigel has held previous senior roles in Internal Audit, Operational and Enterprise Risk at Swiss, Spanish and UK banks. In the last 6 years Nigel has been at RBS responsible for ICAAPs, and has held various roles in Enterprise Risk including Stress testing Control and Delivery. Currently focused on Stress Testing target state, Change management and controlling end to end stress testing

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Harry Petersen, CRO, Rabobank

Harry is a versatile professional with over 25 years’ experience in (digital) strategy, technology and process innovation in the financial industry. He has a strong experience in financial markets, wholesale banking, asset management and Risk Management.

In his current role, he is leading Rabobank’s model platform program. An initiative aimed at introducing an end-to-end modelling platform that standardizes work and increases efficiency across the full model lifecycle of models in use at Rabobank Group.

Prior to this role Harry held various positions, most recently as Business Manager for the CRO Rabobank Group and before that as Head of the Recovery & Resolution planning team. Harry joined Rabobank in 2011.

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Dilip Singh, Director, Stress Testing, Barclays

Dilip is a part of the broader risk management function at Barclays and drives regulatory compliance of firm wide stress testing frameworks – both internal and regulatory, planning and IFRS9 from Model Risk standpoint (SS3/18, SR11-7, SS31/15, etc.). He defines the overall standards for stress testing frameworks to ensure effective integration into the business and consistency of modelling standards globally.

Dilip is a graduate from London Business School and is equally passionate about Indian classical music and cooking

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Akash Shah, Head of Market and Liquidity Risk, Shawbrook Bank

Akash Shah will be presenting at Stress Testing Summit.

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Imran Syed, Market Risk Stress Testing, UK Entities, Credit Suisse

Imran Syed is a Market Risk Stress Testing Manager with Credit Suisse. He is involved in the design and calibration of scenarios, development of scenario frameworks and key regulatory submissions. He is currently responsible for the Brexit related stress tests. He was previously with BAML, heading the Risk Analytics, Derivatives and Capital Markets teams at the India Centre of Excellence. He completed his masters from the Indian Institute of Management, Lucknow. In another life he owned and managed a snooker club.

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Etienne Varloot, Global Head of Market and Counterparty Risk, Credit Agricole

Étienne Varloot has 20 years of experience in market finance in Paris and London. After holding quant, strategist, and then trading positions at Citigroup and UBS, Étienne Varloot was Deputy Head of Market nd Counterparty Risks of the Banque de France between 2009 and 2011. He then joined Natixis as Global Head of the Market Risk. Étienne has been in charge of Global Markets Regulatory Strategy and Quant Research since 2015.

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Sunil Verma, Head of Market Risk Stress Testing Methodology, UBS

Sunil is currently working at UBS within Market Risk methodology function. He leads the global function on development of stress testing models. He has worked on methodologies for internal risk management and regulatory requirements such as CCAR, EBA, FDSF, MAS, etc. Previous to this role he had worked in multiple roles on the methodologies for Credit risk, Counterparty risk and economic capital.

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Alexander Von Felbert, Head of Risk Management, Airbus Bank

I have been working as a risk manager in several financial institutions more than a decade, gathering expertise in market, credit, counterparty, operational and liquidity risk.

In my current role as Head of Risk Management at Airbus Bank I serve in all risk-related topics as an advisor to the management body, including the measurement, controlling, steering and mitigation of all risk types. In one of my previous roles, I worked as a validation analyst reviewing a wide range of models across all major risk types.

By education, I am a mathematician and a computer scientist. For my diploma thesis, I won a main prize of a German-wide competition, hosted by the German Mathematical Society, in 2010.

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Volker Weis, Head of Group Stress Testing ERM, Deutsche Bank AG

Volker Weis is Head of Group Stress Testing within the Enterprise Risk Management department of Deutsche Bank Group (DB) and responsible for the cross-risk stress tests. In his prior positions he was overseeing the derivatives exposure modelling team for the implementation of DB’s counterparty credit risk IMM model, Economic Capital model development as well as Group and Legal Entity ICAAP. Volker joined Deutsche Bank in 2001. Prior to Deutsche Bank, Volker worked at the Massachusetts Institute of Technology. He holds a PhD in Physics.

ARTICLES

17th September 2019

Integration of AI and machine learning to apply a broader spectrum of appropriate shocks to individual portfolios

By Assad Bouayoun, Senior XVA Quantitative Expert, HSBC
1st August 2019

Emerging trends and utilising Stress Testing as a tool for driving strategic business decisions

By Sophie Bottazzi, Senior Research Executive, CeFPro
7th May 2019

Integration in balance sheet optimization

By Thomas Steiner, Partner, BearingPoint
7th May 2019

Regulatory landscape – Increasing global cooperation and managing the regulatory agenda

By Paul Kennedy, Chief Risk Officer, National Bank of Kuwait
18th April 2019

Reviewing the impact of Brexit on liquidity risk and potential changes to business strategy to stay ahead

By Phil Headley, Managing Director, Regulatory Reporting, Mizuho
18th April 2019

Reviewing compliance risk, technology and resiliency

By Liv Watson, Sr. Director of Strategic Customer Initiatives, Workiva
12th April 2019

Pool Party – Examining the potential of pool models

By Tobias Noll, Senior Relationship Manager/Deputy Head of Marketing & Sales, RSU Rating Service Unit
5th March 2019

Leveraged debt financing: Is there a debt crisis in the making?

By Atanas Dimov, Head of Credit Risk, Aviva Investors
11th December 2018

Center for Financial Professionals announces new FinTech Research and Advisory Board

Senior practitioners across the financial services industry join FinTech Advisory Board for the Global FinTech 250 Report set to be released at the X-Tech 2019 Convention […]
4th October 2018

Stress Testing – Developing an efficient and streamlined risk management process to ensure accuracy of model inventory

By Dmitry Lobaskin, Co-Head of Risk Model Validation, Executive Director, Nomura
3rd October 2018

Leveraging computational simulation for better stress testing

By Justin Lyon, CEO, Simudyne
12th September 2018

Ensuring relevance in scenario generation to incorporate a range of scenarios for broader outcomes

By Andrew Turvey, Head of Treasury Risk & Compliance, Clydesdale Bank
21st August 2018

An approach for best practice in model validation

By Alexander von Felbert, Head of Risk Management/Authorised Officer, Airbus Bank.
19th July 2018

Increasing efficiency in stress testing processes annually to increase value proposition

By Richard van Tilborgh, Head of Capital Analytics, ING Group.
18th July 2018

The future of stress testing and financial markets: Reviewing requirements globally amongst economic uncertainty

By Jeff Simmons, Managing Director, Head of Enterprise Risk Management, Bank of Tokyo Mitsubishi.

2019 Co-Sponsor

QRM


QRM will be participating at the forthcoming Stress Testing Europe Summit.

SIONIC


Sionic is a global consulting firm. Our focus is on change and we specialise in a unique blend of business and people performance. We are agile, independent and hold a straightforward philosophy – that outstanding people produce outstanding work. We tackle complex operational, economic and strategic problems, big and small, for clients dealing with evolving markets, changing risks, intricate regulation, cultural change, technology and digital advances. We have over 300 professionals working within our specialist practices. Our experts are based in more than a dozen locations worldwide across North America, Europe and Asia and we continue to expand at pace.

Can your organisation contribute at our Stress Testing Europe 2019 Summit?

Contact us 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. Please visit www.cefpro.com/sponsorship for an outline of what we can offer, and contact sales@cefpro.com or call us on +44 (0) 207 164 6582 where a member of the team will be happy to tailor the right package for you.

Venue

Etc Venues – Monument
8 Eastcheap
London
EC3M 1AE
UK

Situated within the heart of the City of London, the financial district, with convenient transport links to all London and City airports, etc venues is situated just two minutes walk from Monument underground station.

Nearby Hotel Options:

If you cannot find the answer to your question below, please email amy.greene@cefpro.com

Can I present at Stress Testing Europe?

Yes, the Center for Financial Professionals are happy to discuss speaking opportunities at Stress Testing Europe. For further information on this please contact alice.kelly@cefpro.com 

What is the dress code?

Business attire is requested. The Summit 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 main Summit, as outlined on our pricing tab. Registration includes breakfast, refreshment breaks, lunches, the drinks reception at the end of Day One, full access to the Summit sessions and exhibition area. Presentations from sessions are also available, subject to speaker approval.

Where can I find the Summit 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 Summit has taken place. However, we will work with our presenters to make these available before the Summit 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 there be opportunities to network with other attendees?

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

  • Breakfast, lunch and refreshment breaks
  • 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 +44 (0) 207 164 6582. Please note:

  • Registrations must be made at the same time
  • Registrations must come from the organisation
  • The lowest registration will be discounted
Are there any opportunities to share my thought-leadership at Stress Testing Europe?

Yes there are plenty of opportunities for the Center for Financial Professionals to share thought-leadership to the attendees of Stress Testing Europe 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 Summit. Visit the Sponsor tab for further information or contact sales@cefpro.com / +44 (0) 207 164 6582.

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 there media partnership opportunities available for Stress Testing Europe?

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 Summit website
  • Place your logo on the Summit brochure
  • Place your logo on promotional content where applicable
  • Distribute your media/marketing at the Summit
  • Promote through social media channels

To discuss this further please contact amy.greene@cefpro.com or call +44 (0) 207 164 6582.

Representing a Financial Institution (Eg: Bank, Insurance, Asset Manager, Regulator)

Super Early Bird
Registrations by 20 September
£999
SAVE £500

Early Bird
Registrations by 25 October
£1,199
SAVE £300

Standard Rate
Registrations after 25 October
£1,499

Representing an Information/Service Provider (Eg: Consultant, Vendor, Executive Search Firm, Law Firm)

Early Bird
Registrations by 25 October
£1,699
SAVE £300

Standard Rate
Registrations by 25 October
£1,999

Group Bookings:

Group rates are available for 3 or more attendees from the same organisation, 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.

All prices subject to UK VAT, currently 20%

Other ways to register

1. Save Time – Register by Email

We only need your:
– Full name
– Job title
– Company & address
– Contact number

Simply email us with your e-signature – and we will do the rest for you!

2. Contact Us Directly

3. Download the PDF Registration Form

2019 Co-Sponsor:

Connect With Us | #StressTestingEurope

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