Main conference, DAY TWO - Thursday, March 22, 2012

Click here for day one program

	Registration and breakfast
8:30	Opening remarks: Alexander Campbell, Editor, OPERATIONAL RISK & REGULATION
9:00	Keynote address: The Basel Committee's recent initiatives on operational risk regulation Mitsutoshi M. Adachi, Chair, SIG Operational Risk Subgroup, BASEL COMMITTEE, Director, Examination Planning and Review Division, BANK OF JAPAN (ORR Innovation Awards 2012: Regulator of the year winner)
09:40	Panel discussion: The industry response to increasing regulatory pressures What is needed to deliver appropriate policies and programs Understanding the impact of the Dodd-Frank and other US financial regulations on operational risk management and measurement Inconsistencies with new regulations, regulatory arbitrage and exploitations because of inconsistent regulations Moderator: Bill Gilroy, INDEPENDENT CONSULTANT and former Director, SOCIETE GENERALE Jane Carlin, Managing Director, Global Head of FHC Governance and Assurance, MORGAN STANLEY Christopher J. Haines, Vice President, Head of Operational Risk Management, AMERICAN EXPRESS Dan McKinney, Partner, ERNST & YOUNG David Ridgway, Managing Director, Global Head of Operational Risk, BLACKROCK
10:20	Morning refreshments with the opportunity to network and visit the exhibition
	Stream one: Detecting new threats to the business	Stream two: Constructing a strong operational risk framework
	Chairman's opening remarks Greg Montana, Senior Vice President, Senior Operational Risk Executive, BANK OF AMERICA	Chairman's opening remarks Jack Gomez, Managing Director, Operational Risk Management, BNY MELLON
10:50	Presentation: Limit of diversification: benchmarking and stress testing operational risk capital Emre Balta, Senior Financial Economist, Credit Risk Analysis Division, Office of the Comptroller of the Currency (OCC)	Presentation: Developing and implementing risk appetite and embedding it in the risk culture Key success factors and challenges for creating an effective risk culture Developing and implementing an operational risk management framework and linking it to risk appetite Maintaining effective risk culture and operational risk management while growing through acquisition Joan Mohammed, Senior Vice President and Head, Operational Risk and Central Risk, BMO FINANCIAL GROUP
11:30	Presentation: Rogue traders and risk culture Analyses of the most infamous Rogue Trading incidents of all time The role of a firm's risk culture in either enabling or preventing rogue trading The reasons why some Traders become Felons Neil Roth, Vice President, Oversight of Operational Permanent Control, BNP PARIBAS	Presentation: Second generation Operational Risk Management Moving beyond the basics Loss anticipation and mitigation Using Scenario Analysis to price Operational Risk Operational Risk and Strategic Planning Gus Felix, Managing Director, Global Head of Operational Risk Management, CITIGROUP
12:10	Presentation: Applying operational risk management techniques to managing privacy and information security risk Weaknesses and failures in information security Operational risk management framework that integrates business management with risk management Providing a cohesive method of managing information security across a shifting threat landscape Dennis Dickstein, Managing Director, Chief Privacy and Information Security Officer, UBS WEALTH MANAGEMENT	Presentation: New developments in loss event collection Observed trends from LDCE (Loss Data Collection Exercise) Collecting the operational risk loss data rules and advice Internal and external database building and proposed stress-testing requirements Julia Reade, Supervision, Regulation & Credit, FEDERAL RESERVE BANK OF BOSTON
12:50	Lunch with the opportunity to network and visit the exhibition
1:40	Executive address: Interrelationships of risks, unintended consequences and implications for risk management Gary Mandelblatt, Managing Director, Chief Risk Officer, NOMURA HOLDING AMERICA INC.
2:20	Presentation: Managing unanticipated operational risks Empirical analysis of asset misrepresentation by US bank borrowers Organizational strategies to reduce the impact of unknown risks Employee specialization and risk detection Strategies for managing employee contacts with external suppliers Mark Garmaise, Associate Professor of Finance, UCLA Anderson School of Management
3:00	Plenary address: Corporate governance in the U.S.: scandals, reforms, and the future Jay W. Lorsch, Professor of Human Relations, HARVARD BUSINESS SCHOOL
3:40	Afternoon refreshments with the opportunity to network and visit the exhibition
4:00	Panel discussion: Developing a holistic approach to capturing, quantifying and communicating risks throughout the enterprise Operational risk in the context of the ERM and the GRC The role of executive management, CRO and the board in ERM How to share responsibilities and communicate across the institution Elements of sound framework Moderator: Shellye Archambeau Chief Executive Officer, METRICSTREAM Ashish K. Dev, Managing Director, Senior Corporate Risk Executive, JP MORGAN CHASE Jack Gomez, Managing Director, Operational Risk Management, BNY MELLON Greg Montana, Senior Vice President, Senior Operational Risk Executive, BANK OF AMERICA Michael R. Zanaglio, Director, Operational Risk, WELLS FARGO
4:40	Panel discussion: Emerging risks facing the industry Identifying key priorities for operational risk managers Scenario analysis and the future of operational risk Emerging trends and thoughts Upcoming regulatory challenges for operational risk Moderator: Julian Fry, Head of Operational Risk, Americas, UBS WEALTH MANAGEMENT Gus Felix, Managing Director, Global Head of Operational Risk Management, CITIGROUP Victoria H. Garrity, Executive Director, Senior Operational Risk Officer, MORGAN STANLEY Patrick McDermott, Vice President, Enterprise Operational Risk Oversight, FREDDIE MAC John Rachek, Director, Operational Risk, Credit SUISSE ASSET MANAGEMENT
5:20	End of conference