Agenda

Agenda

Pre and post conference events November 4th & November 7th, 2019:

  • November 4th: Translating machine learning concepts in risk management functions
  • November 4th: New toolkit for model risk management
  • November 7th: Business resiliency in the era of growing cyber threats
  • November 7th: LIBOR Clinic Live: Transitioning from IBOR to risk free rates

08:00

Registration and continental breakfast

08.50

Risk.net Welcome Remarks

09:00

Opening Keynote Address: Robert Engle, Michael Armellino Professor of Management and Financial Services, Director, The Volatility Institute, NYU STERN and 2003 Nobel Prize Winner in Economics

09:40

Panel Discussion: Risks in 2020 and beyond

  • How do you identify and assess emerging risks?
  • How do you integrate non-financial threats like climate change, geopolitical turmoil and social unrest into your risk management framework?
  • How do you manage the risks associated with the use of big data, machine learning and AI in finance? 
  • What will cause the next downturn and how are you getting ready for it?

Prasanna Someshwar, Chief Risk Officer, Global Wealth Management, J.P. MORGAN PRIVATE BANK
Daniel Moore, Chief Risk Officer, SCOTIABANK
Joseph Iraci Managing Director, Financial Risk Management, Chief Risk Officer, Futures and Forex, TD AMERITRADE

More speakers to be announced

10:30

Fireside Chat: Why is it so hard to say goodbye to LIBOR? Assessing problems ahead and solutions in progress

Jason Granet, Head of Firmwide LIBOR Transition Efforts, Goldman Sachs Asset Management

Speakers to be announced

11:10

Morning break and knowledge café

Grab a coffee and join a table of your choice in the exhibition area to share ideas and network with fellow industry professionals.

  • From Brexit to North Korea: Macro risks to keep an eye on and how to manage them
  • Update on LIBOR: What’s next in the transition? 
  • Rethinking the ERM framework: Best practices and new challenges
  • Model validation: Thriving in an era of change

Stream 1: Market Risk

11:50

Panel Discussion: The Basel Committee’s final FRTB guidelines: Strategies for effective implementation and management

  • Solving FRTB backtesting and P&L attribution test puzzle
  • Choosing between internal and standardized approaches
  • Assessing a viability of business lines  that are the most vulnerable under a new regulation 

Charuhas Pandit, Managing Director  ,Risk Management, MORGAN STANLEY
Eugene Stern, Global Market Risk Product Manager, BLOOMBERG
Phil Ohana, Executive Director, UBS

More speakers to be announced

12:20

Presentation: Margin requirements and valuations techniques

Speaker to be announced

Stream 2: Credit Risk

11:50

Panel Discussion: Deploying new tools in credit risk management

  • What new tools and techniques are available for enhanced credit risk management process?
  • Overview of the automated solutions for rating assignment, workflow, early warning and industry analysis tools
  • How effective are these tools? How to successfully implement them in your credit group?

Moderator: Sid Dash, Research Director, CHARTIS RESEARCH
Jimmy Yang, Managing Director, Credit & Operational Risk Analytics, BMO FINANCIAL GROUP
Agus Sudjianto, Head of Corporate Model Risk, WELLS FARGO

More speakers to be announced

12:30

Presentation: The use of machine learning in credit decisions: How it changes risk-based lending?

  • Making credit decisions with ML
  • What regulators are doing to protect consumers from unfair lending practices?
  • Understanding new features of risk and creating best practices in data powered lending process

Abhijit Akerkar, Head of Applied Sciences, Business Integration, LLOYDS BANKING GROUP

Stream 3: Stress testing & capital planning

11:50

Panel Discussion: How do you integrate geopolitical uncertainty into your stress tests and scenario analysis?

Joseph Iraci Managing Director, Financial Risk Management, Chief Risk Officer, Futures and Forex, TD AMERITRADE

More speakers to be announced

12:30

Presentation: Enhanced capital optimization techniques

Speaker to be announced

Executive suite: Organizational structure of risk function

Invite only

11:50

Extended session on reinventing risk management function in the fourth industrial revolution

How do you achieve right synergies in the risk management group and beyond?

  • How is your risk function organized? What is the best way to organize a group in the current ecosystem?
  • How is the fourth industrial revolution changing the risk function?
  • Do you have the right talent and skill-sets in your group? What would you like to see more/less of your team?
  • How can the risk management function collaborate with other teams such as quants, IT, trading, etc?

Amy Wierenga, Chief Risk Officer, BLUE MOUNTAIN CAPITAL

More speakers to be announced

1:10

Sit down lunch and networking

Lunchtime interactive roundtables:

  • Data protection: Are you up to speed with the US and global data protection requirements?
  • Working together: How can risk managers communicate effectively with their 1st line businesses?
  • CECL 2020: Outstanding challenges before the deadline
  • Using behavioral finance tools in practice
  • Robust third-party risk management program: How can it be achieved?
  • Crowded trades and the impact on liquidity
  • Using agile analytics in fraud detection and prevention
  • Understanding and managing reputational risk

Stream 1: Market Risk

2:10

Market Risk Live: War games scenarios, best practice and implementation exercise  

Workshop participants are introduced to different market risk scenarios that are still unfolding and asked to consider the immediate steps they would advise their firm to take based on the information available at each stage.

Stream 2: Credit Risk

2:10

Panel Discussion: Getting ready for the 2020 CECL deadline

Kuo-Chang Lu, CECL Lead RBC CAPITAL MARKETS
Stevan Maglic, Senior Vice President, Risk Analytics, REGIONS BANK

More speakers to be announced

2:50

Presentation: Credit risk modelling 

Speaker to be announced

Stream 3: Stress testing & capital planning

2:10

Panel Discussion: Building an efficient global stress testing process that adds value and drives profitability while protecting the downside

Arnisa Abazi, Managing Director, Quantitative Risk and Stress Testing, CITI
Kresimir Marusic, Managing Director, US Head of Financial Planning and Stress Testing, DEUTSCHE BANK
Amy Wierenga, Chief Risk Officer, BLUE MOUNTAIN CAPITAL

More speakers to be announced

2:50

Presentation: Expanding the uses of CCAR beyond capital planning and loss estimation

  • Integrating the output into risk appetite, limit setting, and strategic planning

Steven Boras, Executive Vice President, Head of Risk Architecture, CITIZENS BANK

Executive suite: Organizational structure of risk function

Invite only

2:10

Panel Discussion: Succession planning  & evolving skill sets: Building accomplished risk management teams for the next generation

  • How do you attract and nurture new talent?
  • What qualifications are becoming scarce?
  • What does academia need to do to equip graduates with desirable skill sets?
  • How do businesses benefit from diversity of thought?

Ken Abbott, Professor, BARUCH COLLEGE
Pamela Feldstein, Chief Operating Officer, Risk Management, GE CAPITAL

More speakers to be announced

2:50

Panel Discussion: Improving the interface between the first and second lines of defense: Any ideas?

Stephanie Bontemps, Executive Vice President, Chief Risk Officer, FIRST REPUBLIC BANK

More speakers to be announced

3:30

Afternoon coffee break and networking

4:00

 

Afternoon keynote address

Speaker to be announced

4:40

The CRO Address: Does your risk management team have it all?

Follow on discussion: Key takeaways from the executive suite

During the day, we ran a closed door session on the organizational structure of the risk function. Senior risk management executives who participated in the session will share their key takeaways from the conversations they had, including common issues organizations face and possible solutions to improve the culture and organizational structure in the risk group and beyond.

Stephanie Bontemps, Executive Vice President, Chief Risk Officer, FIRST REPUBLIC BANK

More speakers to be announced

5:30

Closing remarks

5:40

Drinks reception

7:30

Morning Briefing

Diversity & Inclusion in Risk

Flora Sah, Chief Risk Officer, Data Technology and Enterprise Initiatives, BANK OF AMERICA
Azlina Wetmore, Head of Commercial Credit Policy & Innovation, CAPITAL ONE

More information to be confirmed

08:00

Registration and continental breakfast

08.50

Risk.net Welcome Remarks

09:00

Opening Keynote Address

Speaker to be announced

09:40

Panel Discussion: Bare-metal restore: Is your infrastructure resilient enough to tackle critical events?

  • Understanding the critical risks financial organizations are facing today
  • What internal controls need to be in place to ensure you can respond quickly to critical events
  • How do you stay one step ahead of critical events?
  • Are financial markets resilient enough? With industry players increasingly interconnected, how to test the resiliency of the entire ecosystem?
  • What are regulators expectations from individual organization and entire sector?

Michael Barry, Executive Director, Head of Operational Risk, Technology Risk and Information Security, NATIXIS
William Moran, Managing Director & Global Head of Enterprise Technology, BANK OF AMERICA

More speakers to be announced

10:30

Morning break and knowledge café

Grab a coffee and join a table of your choice in the exhibition area to share ideas and network with fellow industry professionals.

  • Banking going digital: Examining the journey of the changing banking business model
  • Many faces of cyber risk: How is the landscape of cyber attacks evolving?
  • From Brexit to North Korea: Macro risks to keep an eye on and how to manage them – Led by: Dan Alamariu, Executive Director, Head of U.S. Country Risk, UBS
  • Crowding in factor strategies: Is it overcrowded?

Stream 1: Operational & cyber risks

11:10

Panel Discussion: What does a good third-party organizational design look like for line for line one, two and three?

  • As technology advances, how is third-party risk changing and how it should be assessed?
  • How can you ensure you have an effective oversight of vendors across the lifecycle?
  • Is there and can there be a standardized approach to evaluating vendor risk?
  • What are regulators expecting moving forward?

Melissa Mellen, Officer and Department Head, Policy, Analytics, and Vendor Strategy, FEDERAL RESERVE BANK OF NEW YORK

More speakers to be announced

11:50

Panel Discussion: Using ML for AML and fraud detection

  • What are regulators expecting from your crime detection and analytics capabilities?
  • Where can ML help – and where should it be avoided?
  • Model risk challenges for ML
  • How to address concerns about explainability

Gordon Liu, Executive Vice President, US Head of Global Risk Analytics, HSBC
Eric Hains, Head of Surveillance, TD AMERITRADE

More speakers to be announced

12:30

Presentation: Climate risk: Why is it going up the priority list?

  • Factoring in climate change: Why is it important?
  • Who are your most vulnerable clients?
  • What opportunities climate change present to your business?
  • Changing shareholder expectations
  • How to measure and manage climate risk when it is hardly ever a clear-cut?

Speaker to be announced

Stream 2: FinTech, data & machine learning

11:10

Panel Discussion: Risk management and compliance in FinTechs: How does it differ from traditional financial institutions?

  • From disrupters to disrupted: growing interest and expectations form regulators
  • How can regulators regulate FinTechs without stifling innovation?
  • If lines between FinTechs and traditional financial firms are getting blurred, what can FinTechs learn from their risk management practices?

Moderator: Mark Feeley, Research Director, CHARTIS RESEARCH
Yael Heller, Director and Senior Credit Risk Officer, CITI FINTECH

More speakers to be announced

11:50

Presentation:Smart derivative contracts and decentralized financial market infrastructures

Speaker to be announced

12:30

Presentation: Deploying analytics to understand the culture within the organization

  • Best e-communication practices
  • How to get a better sense of the sentiment?
  • Other tools that can help understand the culture in your organization

Speaker to be announced

Stream 3: Risk management for asset managers

11:10

Panel Discussion: The changing face of market risk: How can slower fundamental developments have a huge impact on your portfolio?

  • How are political and marco events changing your long term view to market volatility?
  • Wealth inequality, the rise of extreme views, trade wars, etc. – how to grasp a full impact of these trends?
  • How are you factoring in these trends into your portfolio?  

Dan Alamariu, Executive Director, Head of U.S. Country Risk, UBS
Leon Xin, Executive Director, Head of Risk, Portfolio Construction and Hedge Fund, JP MORGAN ASSET MANAGEMENT
Racim Allouani, Head of Portfolio Construction and Risk Management, KKR

More speakers to be announced

11:50

Panel Discussion: What risks do online platforms create to your relationship with a client and the business model overall?

  • As more business goes online, how can you be sure you know your client?
  • Managing tail risks created by “thinner” relationships?
  • As technology evolves, the cost goes down but how about the fee?
  • How can wealth management business model reinvent itself to stay viable?

Adrian Peters, Chief Technology Risk Officer, BNY MELLON

More speakers to be announced

12:30

Presentation: Implications of the state and SEC’s regulation on Best Interest

Speaker to be announced

Stream 4: Funding & Liquidity 

11:10

Panel Discussion: Updates on NSFR – Preparing for 2021

  • How are firms managing NSFR and meeting compliance requirements?
  • Impact on transfer pricing
  • What are firms reporting? How do you optimize across all of the metrics?
  • How do non-ring-fenced entities overcome NSFR challenges

Armel Kouassi, Head of Balance Sheet and Treasury Portfolio Modeling, Northern Trust

More speakers to be announced

11:50

Presentation: Liquidity stress testing and scenario analysis

  • Regulatory perspective on effective liquidity stress testing
  • What are the supervisory expectations and what factors have influenced decisions this year?
  • How do internal stress tests compliment a risk management framework alongside regulatory and quantitative limits? How does that figure through transfer pricing?
  • Reverse stress testing

Speaker to be announced

12:30

PANEL DISCUSSION: Finding the optimal funding mix

Speakers to be announced

1:10

Sit down lunch and networking

Stream 1:Operational & cyber risk

1:50

Operational Risk Live: War games scenarios, best practice and implementation exercise

Workshop participants are introduced to different operational & cyber risk scenarios that is still unfolding and asked to consider the immediate steps they would advise their firm to take based on the information available at each stage.

Stream 2: FinTech, data & machine learning

1:50

Panel Discussion: Black Box vs Transparent Box: What are the pros and cons of opening up your analytics to risk officers?

  • Is it dangerous to show non-quants the inner-workings of the model?
  • How involved are your ‘customers’ in the development process?
  • How involved should you be in the design of the software and front-end?

Steven Boras, Executive Vice President, Head of Risk Architecture, CITIZENS BANK
Pradeep Tiwari, Global Head of Risk Technology, RBC CAPITAL MARKETS

More speakers to be announced

2:30

Panel Discussion: What are the risks of using data powered techniques?

  • What data related risks are easy to miss
  • What data controls you need to have as the data becomes increasing unusual?
  • The value of data and how to manage it appropriately
  • Beware of the bias
  • Data protection regulations in the US and globally

Moderator: Sid Dash, Research Director, CHARTIS RESEARCH
Flora Sah, Chief Risk Officer, Data Technology and Enterprise Initiatives, BANK OF AMERICA
Murad Nayal, Global Head, Risk Informatics, GOLDMAN SACHS
Adrian Peters, Chief Technology Risk Officer, BNY MELLON

More speakers to be announced

Stream 3: Risk management for asset managers

1:50

Panel Discussion: The impact of crowded trades on market liquidity

Jae Ho Kim, Head of Risk Research, POINT72 ASSET MANAGEMENT
Amit Deshpande, Head of Fixed Income Quantitative Investments & Research, T. Rowe Price

Speakers to be announced

2:30

PANEL DISCUSSION: Using machine learning to improve risk management

Andrew Chin, Chief Risk Officer and Head of Quantitative Research, ALLIANCEBERNSTEIN
Shyam Sreenivasan, Founder and Chief Executive Officer, QUANTEL AI

3:10

Afternoon coffee break and networking

3:30

 

SPECIAL ADDRESS FROM THE FBI: Aristedes Mahairas, Special Agent in Charge, Counterintelligence/Cyber Division, FBI

4:10

Closing Debate: Will FinTechs prevail?

  • The changing face of the financial services ecosystem
  • Strategic risk associated with FinTechs challenging the status quo
  • Embracing digital disruptors: Can FinTechs and traditional financial services providers coexist?
  • 5 years from now, what services are likely to be taken over by FinTechs?
  • Evolve or die: Can the current bank business model stay viable?

Simon  Letort, Chief Digital Officer for the Americas, SOCIETE GENERALE
Lucien Foster, Global Head of Digital Partnerships, BNY MELLON
Joerg Landsch, Head Innovation Americas, DEUTSCHE BANK

More speakers to be announced

5:10

Closing remarks

5:20

Drinks reception