11th Annual Risk Americas Convention 2022
Day One | May 10, 2022
Marriott Downtown, NYC

8:00 Registration and breakfast | 8:40 Center for Financial Professionals Welcome | 08:50 Chair’s Opening Remarks

 

KEYNOTE ADDRESS

9:00 Reviewing global geopolitical trends and emergence from the global pandemic

Session details 

  • Lack of globalization threat to risk factors
  • Defining risk post Covid-19
  • Trade and regulation challenges across jurisdictions
  • Quantifying risk and future impacts
  • Lessons learnt from the global pandemic
  • Adjusting to change to manage global risk
  • Reviewing the US and China relationship
  • Having cross-border M&A

Frank Morisano, CRO, ICBC

 

PANEL DISCUSSION

9:35 Reviewing ESG standards and disclosure requirements

Session details 

  • Managing risk to financial system
  • Preparation for a climate event
  • Regulatory outlook and future view
  • Financial services role in climate risk and ESG
  • Standards of disclosure requirements from regulator
  • Scrutinizing to avoid greenwashing
  • Measurements to add to public disclosures
  • Quantification and translation to tangible and measurable benefits
  • Producing a meaningful business case to embark on ESG journey
  • Reviewing RoI for ESG changes
  • Understanding how to limit footprint
  • Maintaining strong internal controls around measurement and disclosure

Ty Lambert, Senior Executive Vice President & Chief Risk Officer, BancorpSouth

Sarah Chapman, Global Chief Sustainability Officer, Manulife

10:50 Morning refreshment break and networking

Stream One: Technology & Innovation Risk

Stream Two: Operational Risk and Emerging Trends

Stream Three: Market Trends and Financial Risk

Stream Four: Interactive Work Stream

 

TECHNOLOGY RISK

10:50 Reviewing the evolution of technology uses and mitigating technology risk

Session details 

  • Governance of bots and automated technology
  • Contingency plans in event of failure
  • Embracing digitization and automation to stay competitive
  • Managing changes to consumer behaviour
  • Identifying vulnerabilities within technology
  • Implementing centers of excellence to reduce risk
  • Evaluating a complex mix of different systems post-covid

Roderick Powell, Senior Vice President, Head of Model Risk Management, Ameris Bank

 

CYBER RISK

10:50 Analyzing the evolving cyber threat landscape with changes to work environments

Session details 

  • The role of cyber insurance in evaluating cyber strategy
    • Assessing level of risk to quantify premiums
  • Monitoring behaviours that could introduce cyber risk
  • Reviewing where vulnerabilities lie across organizations
  • Measuring loss from breaches and quantifying reputation damage
  • Interaction with model risk with increased cybersecurity models
  • Updating cyber security controls post-pandemic
  • Leveraging advanced analytics to protect an organization from cyber threats

 

MARKET RISK

10:50 Macroeconomic view: Managing uncertainty in markets

Session details 

  • Uncertainty in economic indicators
  • Fed reaction to changing environment
    • Managing interest rates and inflation
  • Impact of high energy prices and supply chain disruptions
  • Sustained volatility
  • Macroeconomic challenges ahead as the global economy recovers from the pandemic
  • Impact of excess liquidity in markets
  • Response of global economies in recovery

Phil Ohana, Executive Director, Market Risk Audit Expert, UBS

 

DEPLOYMENT OF ADVANCED TECHNOLOGIES

10:50 Deployment of advanced technologies.

Session details 

  • Exploration of robotic process automation and machine learning
  • Migration to cloud platforms
  • Considerations for data integrity with new technologies
  • Introduction of new technology within existing platforms

Jeff Prelle, SVP, Risk Analytics & Data Governance, Bancorp South
Ty Lambert, CRO, Bancorp South

 

AI AND MACHINE LEARNING – PANEL DISCUSSION

11:25 Managing uncertainty and opportunities of AI and machine learning across risk siloes

Session details 

  • Future of regulation in the US
  • Leveraging lessons learnt from other jurisdictions
  • Governance of AI and machine learning
  • Policies and procedures to govern machines
  • Developing expertise in-house to implement AI
  • Evaluating and governing tools and models
  • Reviewing performance issues
  • Implementing new systems Vs legacy systems that are in place

Andy Li, Director in Enterprise AI COE, Wells Fargo

Amit Srivastav, Executive Director, Morgan Stanley

David Palmer, Senior Supervisory Financial Analyst, Federal Reserve Board

Roderick Powell, Senior Vice President, Head of Model Risk Management, Ameris Bank

 

RANSOMWARE – PANEL DISCUSSION

11:25 Managing the evolving ransomware threat and techniques to stay ahead

Session details 

  • Managing the threat of ransomware
  • Heightened regulatory focus with recent case studies
  • Managing reputation risk of a ransomware attack
  • Heightened susceptibility to compromise with remote working

Carlos Orel, Head of AML Risk, Regulatory Advocacy, Products and Monitoring, TD Bank N.A
Brian Heemsoth, Executive Vice President, Head of Cyber Security Defense, Wells Fargo

 

INTEREST RATES – PANEL DISCUSSION

11:25 The future of interest rates and impact of movement in interest rates

Session details 

  • Impact of rate rises on financial performance
  • Slowdown in areas that have been a driver of growth
  • Increased default risk with variable loans
  • Monitoring inflation to predict interest rate changes
  • Historical revisit to previous rate hikes
  • Reviewing underlying assumptions of models
  • Impact of long term low interest rates on financial institutions balance sheet

Mark Cabana, Head of US Rates Strategy, Bank of America

Thomas Braun, Head of CUSO Liquidity and Funding Risk, UBS tbc

Yuhong Liu, Director, BNP Paribas tbc

Matthew Macia, CRO, Bank of Sierra

 

CREDIT RISK 

12:10 Using AI and machine learning and maintaining fair lending practices

Session details 

  • Gaining buy in for implementation
  • Demonstrating compliance to regulators
  • Fairness tests for credit risk
  • Governance of models for underwriters to ensure fair lending
  • Developing fair lending standards to use machine learning algorithms
  • Understanding how to use A.I within credit risk with areas that need transparency
  • Managing reputation risk of model/tool output
  • Managing data bias and uncertainty

Xiaoling (Sean) Yu, Director of Model Validation, Key Bank

 

EMERGING RISK

12:10 Identifying, communicating and assessing emerging risks

Session details 

  • Gaining the right level of visibility to ensure risks are looked at rigorously
  • Assessing emerging risks appropriately
    • Identifying how these risks impact the firm and strategy
  • Incorporating a clear framework around emerging risk identification
  • Gaining a holistic view of emerging risks
  • Reviewing impact to strategy and risk profile
  • Adjusting strategy to adapt and prepare for emerging risks

Michael Reidy, Head of Risk Appetite and Analytics, Societe Generale and Investment Banking 

 

INFLATION

12:10 Understanding the impact of inflation across products and portfolios and long term management

Session details 

  • Scenario analysis to understand impact
  • Reviewing impact across books and portfolios
  • Long term view of inflation
  • Impact to long term credit
  • Consequence of raising rates on different products
  • Adjusting asset prices to reflect inflation
  • Constructing scenario analysis and new frameworks for this shock to inflation
  • Reviewing whether inflation is transitive or non-transitive
  • Understanding risks brought with rising inflation and non-evolving asset prices
  • Impact of asset quality and portfolio quality
  • Evaluating tools available to help

Thomas Braun, Head of CUSO Liquidity and Funding Risk, UBS tbc

12:45 Lunch break & networking

 

DIGITALIZATION

1:45 Digitalization: driving a new era in model risk

Session details 

  • Technological and analytical advances driving increased model complexity and use
  • Influence of artificial intelligence (AI) and machine learning (ML) approaches
  • Model use across the risk appetite
  • Risks that “fall between the silos”
  • Legacy MRM infrastructures
  • Evolution of MRM elements
  • Control frameworks for models, tools and RPA’s
  • The future of model risk management programs
  • Enterprise model risk management

Chris Smigielski, Model Risk Director, Arvest Bank

 

FRAUD

1:45 Adjusting fraud detection methodologies to manage changes to risk

Session details 

  • Reviewing internal fraud risks
    • Misappropriation of corporate assets, travel abuse, data loss and embezzlement
  • Managing traditional and new risks in a hybrid environment
  • Detecting fraud integrity concerns virtually and physically
  • Tracking unauthorized access to systems and data
  • Implementing new fraud detection models
  • Governance structures to manage use of technology

Hugo Ramirez, SVP Director of Corporate Assurance – Internal Audit, PNC

 

1:45 Alternative funding platforms and disruptive technology in the capital markets space

Session details 

  • Overview of fintech in capital markets
  • What are alternative funding platforms
  • Technology and legal background
  • How do alternative funding platforms change the access to capital, and what are the risks
  • Are business models of more traditional financial intermediaries at risk
  • Implications for market structure
  • What is the role of blockchain in alternative funding platforms

Julian Horky, Head of Risk Controlling, Berenberg Capital Markets 

 

BLOCKCHAIN – PANEL DISCUSSION

2:20 The future of blockchain as a mainstream tool in the financial system

Session details 

  • Understanding risks to the financial system
  • Understanding broader impact on industry and society
  • Sustainability of cryptocurrency
  • Risk of fintech products being launched into the market
  • Enhancing supervision and governance to mitigate risk
  • Impact on transaction monitoring and developing effective KYC triggers

Andrew Sczygielski, Special Supervisory Agent, FBI

Rajeev Sambyal, Director, Advanced Solutions, Blockchain & Digital Assets, AI & Machine Learning, BNY Mellon

 

AML/BSA – PANEL DISCUSSION

2:20 Leveraging advanced monitoring capabilities within AML and compliance with regulatory changes

Session details 

  • Validating and assessing effectiveness of models
  • Leveraging AI and machine learning in AML and fraud detection
  • Impact of pandemic on vulnerabilities to money laundering
  • Managing risk to reputation and regulatory fines
  • AML Act changes and implementation
  • Data and infrastructure to enhance agility and proactive response
  • Reducing manual controls and processes
    • Leveraging AI, ML and NLP

Sabeena Liconte, Deputy Chief Operating Officer/ Chief Legal Officer, BOC International USA Holdings Inc., a member of the Bank of China Group

Rebecca Robertson, SVP, Director Financial Investigations Unit, Atlantic Union Bank

Xiaoling (Sean) Yu, Director of Model Validation, Key Bank

 

CREDIT RISK – PANEL DISCUSSION

2:20 Understanding full extent of credit risk in markets and implications of potential ‘bubbles’

Session details 

  • Intervention of central banks impact on access to credit
  • Credit spread with pent up risk in systems
  • Balancing need for income with risk appetite in decision making
  • Asset allocation with increased risky assets
  • Risk management practices to manage complexity

Shahab Khan, Subject Matter Expert – Capital & Liquidity, JPMorgan Chase & Co

3:05 Afternoon refreshment break and networking

 

DATA PRIVACY

3:35 Reviewing data and privacy requirements with use of technology and platforms across the industry

Session details 

  • Impact of privacy regulation on data flow
  • Alignment with open banking regulations
  • Inventory of data including unstructured data
  • Demonstrating data lineage
  • Defining a breach of privacy
  • What constitutes personal information
  • Managing disparities across jurisdictions
  • Safeguards to ensure data is handled appropriately
  • Analyzing the increase in biometrics used to gain data

Chris Szafranski, Privacy Director, American Family Insurance

 

 ENABLERS ACT 

3:35 Following the pandora papers leak, how the ENABLERS Act may expand the anti-money laundering program

Session details 

  • Analyzing the definition of a ‘financial institution’ under the BSA to include gatekeepers
  • Reviewing AML requirements on new types of entities
    • Addressing gaps in the current US AML regime
  • Enabling US to meet international AML standards
  • Assessing deadlines from the Enablers Act for newly covered entities
    • Gatekeepers required to implement practical financial risk management controls

Mark Elkommos, VP, Financial Crime Compliance Monitoring & Testing Manager, SMBC

 

CLIMATE RISK STRESS TESTING 

3:35 Developing climate risk scenarios to stress portfolios to understand risk

Session details 

  • Central bank approaches to measure climate risk
  • Forecasting losses to balance sheet
    • Leveraging scenario analysis to set capital buffers
  • Understanding impact to P&L
  • Understanding carbon footprint and steps to reduce it
  • Modeling climate risk with data challenges
  • Impact to pricing risk, assets and liabilities
  • Collecting forward looking climate data to model risk
  • Leveraging lessons learned from EU and UK climate stress testing

Andries Berendsen, Head of FP&A and Capital Planning, North America, Rabobank Wholesale Banking

 

CECL CONTINUED

3:35 Simple CECL quantification and benchmarking in consumer finance.

Session details 

  • Data and Quantification Challenges in Consumer finance portfolios.
  • Measuring and projecting lifetime expected credit loss.
  • Simple strategies for quantification and benchmarking.
  • Scalable modelling methodologies.
  • Sound approaches for finding suitable model specifications.
  • Accounting for (and adjusting to) model risk in periods of crisis.

Jose Canals-Cerda, Senior Special Advisor, Federal Reserve Bank of Philadelphia

 

CRYPTOCURRENCY

4:10 Analyzing potential uses of cryptocurrency in financial services and balancing risk vs. opportunity

Session details 

  • Regulation of cryptocurrency across jurisdictions
  • Long term impact of changes to customer demand
  • Digitization and tokenization of assets
  • Managing growing appetite for crypto based products in financial institutions
  • Evaluating the direction for the future with Crypto
  • Reviewing the adequacy of technology in place for Crypto
  • Developing a risk assessment for Crypto
  • Assessing stable coins that are backed by USD or other sovereign

Nick Diieso, Director, Global Head of Operational Risk – ICG Ops, Markets, and Securities Services, Citi

 

THIRD PARTY RISK

4:10 Due diligence and oversight requirements with increased reliance on third and fourth parties

Session details 

  • Ensuring vendors are financially stable
  • Identification of key suppliers and services
  • Heightened risk with increased use of technology service providers
  • Analyzing extra risks post-Covid
  • Gaining visibility of the supply chain and data movement
  • Developing risk framework to risk rate customers
  • Identifying who are key suppliers and counterparts

Alpa Inamdar, Transformation Leader, AIG

 

ESG

4:10 Reviewing the impact of ESG on business strategies moving forward and preparing for change

Session details 

  • ESG as a driver for client demand and new client acquisition
  • What clients expect from their bank/financial advisor
  • How banks/financial advisors can meet client demand, and how best to get organized
  • A new ESG-Compliant strategy and offering – and its challenges
  • Case studies and lessons learned from UHNW

Markus Lammer, COO, Ultra High Net Worth Business, Credit Suisse

 

CRYPTOCURRENCY – PANEL DISCUSSION

4:45 Impact of heightened use of cryptocurrencies and stable coins and impact to balance sheets

Session details 

  • Impact to financial markets of large movements of capital
  • Introduction of volatility to markets
  • Uncertainty on inherent volatility of asset rate
  • Infrastructure to support cryptocurrency within the balance sheet
  • Factoring crypto into risk appetite framework
  • Managing crypto volatility in the balance sheet

Nick Diieso, Director, Global Head of Operational Risk – ICG Ops, Markets, and Securities Services, Citi

Amit Srivastav, Executive Director, Morgan Stanley

Armel Romeo Kouassi, Senior Vice President, Northern Trust Corporation 

 

CLOUD – PANEL DISCUSSION

4:45 Measuring risk of cloud migration vs. cost benefit

Session details 

  • Expanding service offerings through cloud
    • Buy now, pay later APIs
  • Third party risk management of cloud providers
  • Ensuring transparency with vendors
  • Regulatory view of cloud
  • Risk vs. reward of implementing cloud technology
  • Industry benchmarks and frameworks
  • Alleviating on-prem costs
  • Establishing controls and mitigating factors
  • Governance frameworks for cloud
  • Measuring success with no guiding principles

Nison Nagdimov, Chief Control Office – Head of Risk Utility, Control Insights and Strategy, HSBC

Santosh Shetty, Director MCCR – Market and Counterparty Credit Risk, RBC tbc

Jeff Prelle, SVP Risk Analytics, BancorpSouth

 

ESG – PANEL DISCUSSION

4:45 Reviewing the impact of ESG on business strategies moving forward and preparing for change

Session details 

  • Scoring rating for ESG
  • Impact on business strategies
  • Developing common frameworks and methodologies
  • Guidance on expectations across the industry
  • Inconsistency in scores
  • Balancing reputation and regulatory risk
  • Reviewing ESG disclosure frameworks
  • Changes to demand and impact to supply chains
  • Preparing for future changes and adapting business strategy

Markus Lammer, COO, Ultra High Net Worth Business, Credit Suisse

Alpa Inamdar, Transformation Leader, AIG

Phil Masquelette, CRO, Ulster Savings Bank

Kenneth Wolckenhauer, VP Vendor Management, Nordea tbc

5:30 Chair’s closing remarks | 5:40 End of day one and drinks reception  

11th Annual Risk Americas Convention 2022
Day Two | May 11, 2022
Marriott Downtown, NYC

8:00 Registration and breakfast | 8:40 Center for Financial Professionals Welcome | 8:50 Chair’s Opening Remarks

 

PANEL DISCUSSION

9:00 Reviewing the future of regulation and preparing for change

Session details 

  • Impact of tapering on markets
  • Reviewing where regulation may be heading
  • Changing processes as a result of regulation
  • Digitalization of the industry
  • Managing treasury portfolio with market uncertainty
  • Impact of regulation on strategy and decision making
  • Managing future regulatory changes
  • Impact of transfer risks with the evolving regulatory environment
  • Understanding future risks that need mitigating
  • Understanding legal ramifications in case of an insolvency
  • Keeping up with different laws in different states

Paige Wisdom, Board Director, Morgan Stanley Bank N.A

Jay Cook, CRO, Lloyds Banking Group

Sabeena Liconte, Deputy Chief Operating Officer/ Chief Legal Officer, BOC International USA Holdings Inc., a member of the Bank of China Group 

 

KEYNOTE ADDRESS

9:45 CRO perspective: addressing the fintech risk management - best practices and key considerations

Vivek Tyagi, CRO – Transaction Banking, Goldman Sachs 

10:20 Morning refreshment break and networking

Stream One: Technology & Innovation Risk

Stream Two: Operational Risk and Emerging Trends

Stream Three: Market Trends and Financial Risk

Stream Four: Interactive Work Stream

 

TECHNOLOGY ADVANCES

10:50 Keeping up with technological advancements and limitations on a global scale

Session details 

  • Balancing cost with scale requirements
  • Internal adoption rate for new technology
  • Normalizing and reconciling data across systems
  • Developing a centralized risk and control process
  • Incentivizing change in behaviour

 

BUSINESS CONTINUITY

10:50 Enhancing business continuity framework in a volatile environment = the Synergy Credit Union

Session details 

  • Reviewing how the pandemic and remote working have made business continuity more important
  • Analyzing the fundamentals of establishing an effective BCP framework
  • Integration of BCP into an organization-wide risk culture
  • Conducting drills to keep the BCP plan up-to-date

Jason Wang, CRO, Synergy Credit Union 

 

FRTB

10:50 FRTB: Revamping the market risk framework

Session details 

  • Impact to capital requirements
  • Identifying and tests to capture non-modellable risk factors
  • Parallel runs to demonstrate compliance
  • Adapting systems to ensure compliance
  • Data quality and governance requirements
  • Pricing quality for risk based sensitivities
  • Governance structures to ensure reliability of data
  • Calibration of FRTB requirements with US capital adequacy
  • Adapting internal systems to correspond to new regulation

 

COVID-19 RECOVERY

COVID-19 RECOVERY

Session details 

 

FINTECH – PANEL DISCUSSION

11:25 Leveraging fintech relationships to stay competitive in a fast changing environment

Session details 

  • Partnerships, investments and acquisitions of fintech firms
  • Evaluating downside risk of fintech investments
  • Balancing business perspective with risk sensitivity
  • Change management processes
  • Third party risk considerations and data privacy
  • Acceleration towards fintech
  • Creating frictionless customer experience
  • Understanding what processes are in place to satisfy regulation

Seth Giovanetti, Senior Director – Operational Risk, Oportun

Anthony Jerkovic, Head of Data & Risk, Novo

 

RESILIENCE – PANEL DISCUSSION

11:25 Enhancing contingencies to ensure resilience and recovery of critical processes

Session details 

  • Mitigating the risk of disruption
  • Reviewing contingencies to enhance resilience
  • Reviewing risk holistically to connect systems
  • Ensuring ability to operate under multiple events
  • Compliance with DORA for operations across Europe
  • Readiness and availability of tools for cyber attacks
  • Ensuring all internal processes are connected

Amy Butler, CRO, Legal & General 

Saqib Jamshed, Managing Director, The OCC tbc

Senior Executive, Onspring

 

POLITICAL RISK – PANEL DISCUSSION

11:25 Political risk as a driver of uncertainty and volatility

Session details 

  • Polarization between superpowers
  • Impact to flow of goods and money
  • Restrictions on shares acquisitions in specific countries and platforms
  • Impact of political tensions on markets, trade and pricing
  • Could the loss of value drive a recession?
  • Reviewing the impact of political blocks to do business on financial institutions

Michael Steinhoefel, Director Operational Risk Management, Barclays

12:10 Lunch break & networking

 

TRANSFORMATION

1:10 Ensuring robustness of infrastructure to support decisions and analytics

Session details 

  • Drive improvement in financial results
  • Balance risk Vs reward
  • Empower better decisions at all levels through transparency and granularity
  • Ensure consistency across finance, risk and reporting applications

Bill Collette, Director, Market Development, Wolters Kluwer

 

DATA

1:10 Tracking movement of data across an organization and ensuring protection across the life cycle

Session details 

  • Understanding how data travels through an organization
  • Monitoring across third parties
  • Understanding process flow from inception through to closure
  • Reviewing how customer data is utilized
  • Customer data practices and regulatory requirements
  • Ensuring vendors are cognizant of data security
  • Managing volume of unstructured data

 

LIBOR

1:10 Reviewing global progress towards Libor transition and impacts post migration

Session details 

  • Changes to viewing interest rates for valuation of products
  • Impacts to lending practices across banks
  • Managing efficiencies in new operations
  • Outlook for the industry transition for USD
  • Development of market data for forecasting
    • Tools to price new SOFR tied instruments
  • Supply chain ramifications and misalignment of loan book
  • Treatment of legacy contracts with no robust fallback language
  • Pricing of loans and derivatives with changes in floating rate index
  • Evaluating transaction loss of efficiency of operations

Frank Sansone, Treasurer, SVP – Head of Treasury, China Construction Bank

 

DATA GOVERNANCE

DATA GOVERNANCE

Session details 

  • Integrating data risks into the risk management framework
  • Assessing data risks and mitigants
  • Governance as a tool for managing data risks

Deborah Williams, Global Head, Data Advisory, OMNI Digital Services, BNY Mellon

 

CLIMATE RISK

1:45 Incorporating climate risk into risk processes to better understand evolution of risk

Session details 

  • Evaluating portfolio exposure
  • Moving from academic phase/identification to implementation
  • Conflicting expectations of climate risk
  • Integrating climate risk into current frameworks
  • Incorporating risk groups in overall assessment of climate risk
  • Incorporating climate risk onto the balance sheet

Alessia Falsarone, MD, Portfolio Strategy and Risk, PineBridge Investments

 

COVID-19

1:45 Managing the after effects of Covid-19 and transitioning to a new normal

Session details 

  • Risk of remote working to an organization
  • Business continuity with staff returning to work
  • Local state legislature on vaccine mandate
  • Managing impacts across industries
  • Impact to culture and employee engagement
  • Impact of Covid-19 on global supply chains

 

1:45 A Heath, jarrow and morton approach to pricing SOFR swaps and swaptions

Session details 

  • A common HUM framework for swaps against any index
  • Comparison of theoretical and market swap yields
  • Extending the framework to swaptions
  • Comparison of theoretical and market swaption pricing
  • Implications for hedging for both derivatives portfolios and enterprise risk

Donald R. van Deventer, Founder and CEO, Kamakura Corporation 

 

CLIMATE RISK CONTINUED

2:25 Data collection and identification techniques to integrate into strategy

Session details 

  • Identification practices to capture risk in systems
  • Impact on financial systems of the world
  • Integrating climate risk into current frameworks
  • Acquiring data correctly with internal tools
  • Reviewing how climate risk will affect credit scoring
  • Assessing how to reduce carbon footprint
  • Reviewing how clients who don’t fit into targets are accounted for
  • Quantification of climate risk losses
  • Impact to business and strategic decisioning
  • Understanding how to measure and model climate risk

Aurele Houngbedji, Head of Climate Risk, International Finance Corporation 

 

CRYPTOCURRENCY

2:25 Developing industry standards to establish robustness of security with increased use of cryptocurrency

Session details 

  • Mitigating custody and control risks
  • Establishing standards to mitigate operational risk
  • Scope of financial crime in cryptocurrency
  • Tracking origin of money to mitigate money laundering risk
  • Safeguards to ensure cyber security and protection of assets
  • Maintaining AML and KYC oversight with increased use of Crypto
  • Understanding the standards to mitigate operational risk
  • Gaining visibility of Crypto transactions

Milan Kosanovich, Special Supervisory Agent, FBI

 

 LIQUIDITY

2:25 Managing excess liquidity and optimizing processes for intraday liquidity

Session details 

  • Potential impacts to a liquid market
  • Reviewing final standard for NSFR
  • Changes to reporting requirements under 2052A
  • Impact of real time payments on liquidity
  • Moving approximations of liquidity to real liquidity calculations
  • Reviewing systems being able to work to a more granular and detailed level
  • Optimizing intraday liquidity risk management
  • Reserving intraday liquidity buffer and developing systems
    • Assessing a clear cut guidance

3:00 Afternoon refreshment break and networking

 

CLIMATE RISK – PANEL DISCUSSION

3:30 Assessing current climate risk practices and reviewing the best way to move forward

Session details 

  • Integrating climate risk into current risk management frameworks
    • Current practices
    • Lessons learnt
    • Challenges: data, metrics, methodologies
  • Overcoming the difficulties of assessing climate metrics
  • Effectively managing climate risk data
  • Leveraging TCFD recommendations to improve risk management practices
  • Identifying enhanced practices for the future

Hafsteinn Gislason, Director, Enterprise Operational Risk, CIT

Aurele Houngbedji, Head of Climate Risk, International Finance Corporation

Alessia Falsarone, MD, Portfolio Strategy and Risk, PineBridge Investments

 

CONDUCT RISK – PANEL DISCUSSION

3:30 Monitoring conduct risk in uncertain control environments with remote working

Session details 

  • Monitoring capabilities in a remote environment
  • Managing risks of data leakage
  • Ensuring staff are doing what is required

Malik Ali, Director, Global Banking and Markets, Scotiabank

Stephen Woitsky, VP, Operational Risk Officer, Wells Fargo

Dalit Stern, Senior Director/ Enterprise Fraud Risk Officer, TIAA

Arindam Majumdar, Managing Director – Enterprise Risk Analytics, Bank OZK

 

BALANCE SHEET OPTIMIZATION – PANEL DISCUSSION

3:30 Optimizing balance sheets in a changing environment and identifying new asset avenues

Session details 

  • Optimizing revenue in challenging circumstances
  • Innovative ways to create assets in the balance sheet
  • Incorporation of ALM and balance sheet management in planning
  • Finance transformation to manage profitability and planning
  • Developing holistic and sophisticated balance sheet management techniques
  • Innovating methods to generate revenue
  • Identifying the new avenues of the asset side of the balance sheet
  • Understanding existing portfolio run offs

Petr Chovanec, Director, Business Modeling and Forecasting, UBS

Michael Huff, Senior Director, Portfolio Management & Asset Allocation, TIAA

Armel Romeo Kouassi, Senior Vice President, Northern Trust Corporation 

 

CRYPTOCURRENCY 

DATA GOVERNANCE

Session details 

Andrew Sczygielski, Special Supervisory Agent, FBI (tbc)
Milan Kosanovich, Special Supervisory Agent, FBI (tbc)

 

DATA LAKES

4:15 Reviewing implementation processes and ultimate benefits of data lakes

Session details 

  • Leveraging benefits of data lake
  • Access to granular data
  • Availability of data lakes to access granular data

 

TALENT RETENTION

4:15 Recruiting and retaining talent in an increasingly competitive landscape

Session details 

  • Expectations of difficulties retaining staff in an office environment
  • Reviewing bonus and compensation packages to stay competitive
  • How to deploy the resources you have
    • Adapting risk frameworks to this new normal
  • Managing talent gap and developing compensation models
  • Distributed workforce challenges
    • Resource base and pay gaps across jurisdictions
  • Ensuring flexibility in the work environment
  • Adapting to a new standard post-pandemic

 

COVID-19

4:15 Managing risk of artificial bubbles as a result of government stimulus

Session details 

  • Impact of release of government programs
  • Realizing impact of Covid-19 when stimulus is retracted
  • Adapting to the new normal in a business environment
  • Managing unwinding of stimulus to limit inflation
  • Impact to global economies
  • Evaluating how stable the market is without government support
  • Reviewing if the models can handle recovery
    • Analysing current infrastructure in place
  • Managing consequences brought post-pandemic
  • Adapting to digitalization across industries

Oskar Rogg, MD, Head of Treasury Americas, Credit Agricole

4:50 Chair’s closing remarks | 5:00 End of Risk Americas 2022 Convention