Agenda

Agenda

OpRisk North America Agenda

All times in ET

08:1509:00

Registration, morning refreshments & networking

08:15 - 09:00

09:0009:10

Risk.net welcome
Welcome from the Editorial team

09:00 - 09:10

Tom Osborn

Editor, risk management

Risk.net

Tom Osborn is the desk editor of Risk.net's risk management coverage. Prior to joining Risk, he reported on the futures and foreign exchange industries for Dow Jones' Financial News and the Euromoney group of publications. Osborn holds a bachelor's degree in English literature from the University of Warwick.

09:1009:50

Live interview: The post COVID operational risk landscape: the supervisory perspective and policy changes

09:45 - 10:10

Join Risk.net for an interactive session with Art Lindo, the Deputy Director for the Federal Reserve Board, where we discuss how COVID has impacted the supervisory landscape, key considerations emerging from the pandemic and crucial policy changes.

Arthur Lindo (Art)

Deputy director for policy

Federal Reserve Board's Division of Supervision and Regulation

Arthur Lindo (Art) is the Deputy Director for Policy in the Federal Reserve Board's Division of Supervision and Regulation. His principal responsibilities include overseeing the development and assessment of the effectiveness of Board regulations and policies affecting the financial services sector and coordinating the Board’s domestic and international regulatory programs. He also advises the Board on emerging policy matters that have implications for the supervision and regulation of the financial services sector. He is an active participant in various committees in the Federal Reserve System and is the Chairman of the Appraisal Subcommittee of the Federal Financial Institutions Examination Council (FFIEC) and the Chairman of the Basel Committee’s Operational Resiliency Working Group. Art has a BA in Accounting from the Catholic University of America and a MBA in Finance from the George Washington University.

Tom Osborn

Editor, risk management

Risk.net

Tom Osborn is the desk editor of Risk.net's risk management coverage. Prior to joining Risk, he reported on the futures and foreign exchange industries for Dow Jones' Financial News and the Euromoney group of publications. Osborn holds a bachelor's degree in English literature from the University of Warwick.

09:5010:30

Reprioritizing risk and resilience post Covid
Panel discussion

09:10 - 09:45

In this session, we will share perspectives on recent global events and how these have required organizations to rethink operational resilience. As political tensions inside and among regions heat up, we ask how can FIs proactively manage the threats that escalating international and internal political tensions pose to their operations? We will discuss recent changes to the risk landscape, and why strengthening resilience has never been more important.

Discussion points:

  • How can you mitigate the impact of geopolitical risk?
  • Addressing the increased risk of IT and cyber risk
  • Managing talent risk and the great resignation
Michele Ushkowitz

Managing Director, Head of Risk Supervision

SG CORPORATE & INVESTMENT BANKING

<p>Michele's career at Soci&eacute;t&eacute; G&eacute;n&eacute;rale began in 1993 and has held positions in Internal Audit, Investment Banking Division, managed multiple teams within the Operations Division, Head of Operational Risk and currently is Head of Risk Supervision for the Americas. <br />Michele was appointed as Head of Risk Supervision in July 2016 reporting to the Chief Risk Officer. She is responsible for defining the strategic goals, missions, day-to-day management of Operational Risk Management, Data and Technology Risk, Third Party Risk Management, Cyber Security Risk Management and Global Risk Monitoring teams in order to promote a secure, profitable and sustainable platform. <br />Michele received a Masters in Finance from the St. Joseph's University, Philadelphia, PA and a B.S. in Accounting from St. Joseph's University. Michele has successfully obtained series 99 regulatory license. <br /></p>

Rich Cooper

Global Head of Financial Service Go-To-Market

Fusion Risk Management

With many years of experience deploying business continuity and risk management platforms globally, Rich Cooper oversees customer success and business development for large, global accounts.

Rich has more than 20 years of experience in the business continuity and risk management marketplace, running programs and implementing software in both Europe and North America for some of the world’s largest organizations. He has an MBCI certification from the Business Continuity Institute.

Rajat Baijal

Managing director, global head of enterprise risk

Cantor Fitzgerald

Rajat Baijal is the Managing Director – Global Head of Enterprise Risk at Cantor Fitzgerald. In this role, he is responsible for designing and embedding a robust Risk Framework across the firm. This includes articulating and implementing a robust Risk & Control Self-Assessment (RCSA), Risk Event Management, Key Risk Indicators etc. and ensuring that the Board is suitably informed about all material issues.

Rajat has an MBA in Finance and has previously worked for Kensington Mortgages, Lloyds Banking Group and Aviva specialising in global implementation of their Risk Framework. Rajat is a regular speaker at risk conferences across London and New York and has authored a number of articles for risk journals/textbooks.

Richard Cech

Senior bank examiner, operational risk governance

Federal Reserve Bank of New York

Rick is a Senior Bank Examiner. He joined the Operational Risk Governance unit at the New York Fed in December, 2011 in the Financial Institutions Supervisory Group (FISG).

Rick began his career as a municipal finance attorney, then joined J.P. Morgan & Co., where played a variety of roles in markets and investment banking. In the late 1990s, Rick joined J.P. Morgan's original operational risk development team. There, he was responsible for framework development tasks and loss data collection and reporting systems. While at J.P. Morgan, Rick chaired the IIF subcommittee that drafted the finance industry's recommendations for Basel II event type categories, and later participated in the definition of loss data recording standards for the Operational Risk data eXchange (ORX). Before joining the Fed, Rick was an operational risk framework consultant for RiskBusiness International, designing customized taxonomic models and structured risk management programs for institutional clients.

Rick has been a writer, speaker and business school instructor on operational risk topics. He received a B.A. (Economics) and M.A. (Organizational Behavior) from Yale University, and a J.D. from University of Connecticut School of Law (Law Review, lead articles editor).

10:3011:15

Digital Risk – transforming risk management efficiency
Panel discussion

10:25 - 11:10

Digitization has become deeply embedded in the world of finance and though necessary, it also carries with it some serious risks. Join us as we discuss how cyber, IT, data risk, resilience, cloud and third-party topics align, and how the risk function should apply technology to improve the efficiency and quality of risk decisions.

Fred Harris

Head of Cybersecurity, Data & Technology Risk & Compliance

Société Générale

Jay Wood

Director, head of digital records | control management | records management office

BNY Mellon

Madiha Fatima

Third-party risk management director

Angelo Gordon

Shelly Kalra

Vice president operational risk

DailyPay

Shelly, in her role as VP Operational Risk at Daily Pay, is responsible to establish an operational risk framework from ground up, evaluate and mitigate emerging risks, and create a risk informed culture in a hyper growth business. Daily Pay is a leader in the On Demand Pay industry and Shelly is enabling business growth by continually improving  its operational processes and Institutionalizing risk management by design. Prior to DailyPay, Shelly spent 10 years at American Express in various first and second line roles. In her last role at Amex, she led global operational risk for Travel Lifestyle Services (TLS) business in 22 markets, responsible to evaluate and mitigate business risks and risk oversight functions like Compliance Risk Assessment, Process Risk Self Assessment, Third Party Lifecycle management, Business Self Testing etc. She also spearheaded the build of control framework, oversight in emerging markets like China and Manila, and Global Business Travel, an AXP critical joint venture. She also had solid experience in Privacy Laws having worked in Privacy organization and partnering closely with Privacy, compliance and Legal on a regular basis.  Shelly has a Technology background and is hands on to work with technology in assessing technology processes for risks or working on enhancements to risk management processes and programs.

 

Shelly likes to volunteer her time at St Joseph’s Center and Community Food Bank of NJ. She also volunteers to teach elementary kids math and coding.

Chris Beck

Managing director

Milliman

Chris is a member of Milliman’s Cyber Risk Solutions (CRS) practice group.  The practice delivers a portfolio of risk consulting services, such as enterprise risk design, cyber risk assessment and quantification, test and build projects, operational risk assessments, enterprise risk management (ERM) education and training, and ERM technology evaluation. The CRS practice uses diagnostic consulting strategies to understand an organization’s enterprise risk goals and challenges and then customize solutions to deliver required business results. 

EXPERIENCE

Chris has 15 years of professional experience.  His experience includes work in the banking, insurance, capital markets and card sectors helping clients assess and mitigate risk. 

Prior to joining Milliman, Chris was a Senior Manager in Accenture’s Finance and Risk Management Consulting practice, delivering work for global financial service clients.   Additionally, Chris served as an active duty Naval Officer and has multiple overseas deployments. 

Professional experience and subject matter advisory includes: 

  • Cyber Security metrics and governance
  • Financial Service Regulatory and Compliance initiatives
  • Risk Management 
  • Corporate and Risk Governance
  • Surveillance 
  • Financial Services operating model and cost reduction
  • Regulatory remediation and responses
  • Legal department risk and optimization
  • Leading large cross functional projects and teams

EDUCATION

  • BS Political Science, University of Wisconsin–Madison
  • MBA, University of Chicago – Booth School of Business

Steve Marlin

Staff writer

Risk.net

11:1511:45

Networking and refreshments break

11:10 - 11:40

11:4512:15

Managing risks from out of this world

09:40 - 10:25

Join NASA’s Jeevan Perera as he explores exciting future missions and how the engineering team are anticipating and mitigating the potential risks pertinent to space exploration.

Jeevan Perera

Senior engineer

NASA

Dr. Jeevan Perera is currently the Risk Manager for the Orion space vehicle.  The Orion is NASA's new spacecraft which will replace the Space Shuttle, service the International Space Station, and then return astronauts to the moon and eventually mount expeditions to Mars.  Dr Perera has been with NASA for 20 years.  In his current capacity, he is responsible for risk management policies, processes and analytical tools that ensure the successful deployment and operations of this new spacecraft.  He oversees both quantitative and qualitative risk analysis processes and provides technical direction to a team of risk analysts.  Formerly as the International Space Station Risk Manager, he designed, developed, implemented and improved the Program's risk management processes through a phased, systematic approach setting the standard for NASA’s risk practice.  Prior to his work in risk management, he has worked in different technical fields in support of many NASA programs and projects.  These duties have included management responsibility for versions of the primary and back-up flight software for the Space Shuttle and development responsibility for other software used aboard Space Shuttle and International Space Station missions. 

Dr. Perera has been a member of the Board of Trustees for a local homeowners association, has provided legal advice to the United Space School, a foundation for international space education that brings student from around the world for focused classes on space related disciplines. He often presents on space topics at schools, universities, public events and international conferences.  Dr. Perera has both a Jurisprudence Doctorate (law) and a PhD in Industrial Engineering.

12:1513:00

From known unknowns to black swans – practical considerations for your OpRisk framework
Panel discussion

12:10 - 13:00

How are firms defining and articulating what qualifies as an ‘emerging’ and rapidly evolving risk? In this session we will seek to understand how climate risk, new technology, natural disasters and geopolitical risk are keeping risk managers on their toes, and hear how you can better anticipate and manage the known unknowns and the unknown knowns

Dan McKinney

Partner

EY

Mandar Rege

Managing director, operational risk management, technology and cybersecurity

Citi

Mandar has over 20 years of engineering and risk management experience across Technology Operations, Governance and Audit, helping organizations meet business objectives through technology. Currently he is serving as a Managing Director at Citigroup in the Operational Risk group. Prior to Citi, Mandar was the Global CTRO at TD Bank Group, before which he served as the CTRO and CISO at the Bank of Montreal. In his prior career, Mandar has worked extensively with financial institutions globally through leadership roles at Cisco Systems, Inc., Accenture LLC, Alvarez & Marsal LLP,  KPMG LLP and Ernst & Young LLP.

Mandar is an active member of the professional community and has presented at industry forums like Risk.Net, RSA and IAPP Conferences. Additionally, he is active in various profesional organizations such as ISACA, IAPP and ISC2 and has served as the Chair of the Canadian Banking Association’s CIRT (CISO Forum). He holds the CISSP, CIPP, CISA, and PMP certifications.

 

Evan Sekeris

Head of model validation

PNC

Evan's background is in the measurement and quantification of credit risk and operational risk.  His primary focus is currently on supporting institutions in building operational risk modeling for stress testing, developing their risk identification process and developing their model risk management frameworks.
Some of his recent client engagements include:
For a foreign global bank, helped them develop a comprehensive operational risk framework for their US based IHC. Ensured both integration of the framework in their international framework as well as US regulatory compliance.
For a large internationally active US bank: supported major change of course in CCAR operational risk stress estimates a few months prior to submission in reaction to regulatory guidance.
For a large regional bank: built their CCAR loss projection model and wrote the documentation for the full CCAR operational risk submission.
For a global bank conducted a validation of their operational risk modeling framework for CCAR
  Prior to joining Oliver Wyman, Evan was the Head of Risk Consulting for Financial Institutions for Aon in Columbia, Maryland. He was in charge of building Aon's risk consulting practice for financial institutions and managed multiple teams based in North America and Europe to deliver services to clients worldwide. Previously, Evan was an Assistant Vice President of the Federal Reserve Bank of Richmond, where he created the center of excellence for operational risk which served the System needs for operational risk related matters. The team was in charge of the supervision of all AMA and CCAR banks in the US and developed the Fed's CCAR model for operational risk.
Evan earned a B.A. and M.A. in Economics from the Université Catholique de Louvain in Belgium. He received an additional M.A. as well as his Ph.D. in Economics from the University of California at Los Angeles.

Nita Kohli

Former VP operational resilience

Freddie Mac

13:0013:50

Executive lunch briefing

13:00 - 13:50

Join this executive lunch briefing to gain a deeper knowledge of industry trends, a new perspective on current challenges and come away with tips on best practice.

Scenario based testing – evolving your testing paradigm

How do you implement a stress testing and scenario analysis framework in order to identify and analyze current and potential issues? What is the potential impact on profit and reputation? In this briefing we will discuss how to implement a scenario-based testing framework and how to evolve your testing paradigm.

Filippo Curti

Financial Economist, Supervision, Regulation and Credit

THE FEDERAL RESERVE BANK OF RICHMOND

<p>Filippo is a financial economist in the Quantitative Supervision and Research (QSR) unit of the Federal Reserve Bank of Richmond. Filippo joined the Richmond Fed in 2014 after earning his doctorate in Finance at the University of Arizona. Prior to moving to the US, Filippo worked one year for Toro Assicurazioni S.p.a. (now Assicurazioni Generali S.p.a.) and obtained his master degree in Actuarial and Statistical Science from the University of Turin. Since he started working for the Richmond Fed he has been heavily involved in Operational Risk as both modeler and examiner.</p>

Nedim Baruh

Head of Operational Risk Measurement and Analytics

JP Morgan

Nedim Baruh leads the Operational Risk Capital and Analytics function at J.P. Morgan Chase ("JPMC") and is responsible for the Operational Risk Capital and Stress Testing processes.

Most recently, Nedim has been leading JPMC's effort to enhance its Scenario Analysis program by developing factor based models to assess its material risks. This work will help JPMC bridge the gap between operational risk measurement and management.

Prior to joining JPMC, Nedim was part of the Algorithmics Operational Risk advisory function and led many client engagements in the operational risk space.

Nedim has a B.S. in Economics from the University of Pennsylvania.

 

Rich Cooper

Global Head of Financial Service Go-To-Market

Fusion Risk Management

With many years of experience deploying business continuity and risk management platforms globally, Rich Cooper oversees customer success and business development for large, global accounts.

Rich has more than 20 years of experience in the business continuity and risk management marketplace, running programs and implementing software in both Europe and North America for some of the world’s largest organizations. He has an MBCI certification from the Business Continuity Institute.

Sakshi Sharma

Commercial editor, Americas

Risk.net

13:0014:00

Networking lunch break

13:00 - 14:00

14:0017:00

Executive Boardroom sessions

14:00 - 17:00

Our Executive Boardrooms are designed with interactivity and knowledge sharing in mind. Choose your Boardroom, and share insights, new perspectives, and practical knowledge in a unique, closed-door discussion.

14:0014:50

Executive boardroom session 1

14:00 - 14:50

Boardroom A: Meet-Up Zone

Meet-Up Zone: need a break? Take a moment in the ‘Meet-Up Zone’ and connect with your industry peers over a cup of coffee. No topic. No pre-arranged discussion. Just a few moments to relax and chill out.

Boardroom B: Conduct risks in the digital environment

Conduct and culture have never had a higher profile in the financial services industry, and with teams more globally dispersed, managing conduct and culture is more challenging than ever. The main risks to FIs of not getting their conduct and culture framework correct are both regulatory and reputational. Join in on the conduct risk discussion, where we will debate how we can develop frameworks, processes and controls to address conduct risk in the current digital environment.

  • Tanya Weisleder, Global head conduct risk, Credit Suisse
  • Penny Cagan, Americas head of operational risk, UBS

Boardroom C: How risk technologies are keeping pace in light of accelerated change and disruption

Financial services organizations have a long history of embracing technology to serve customers, their organization, and the industry with speed, accuracy and efficiency - all while managing risk.  As financial services organizations continue to transform processes and digitally enable functions, new risks emerge while threats become increasingly complex and challenging.  Add in ESG, operational resilience, supply chain disruptions, pandemics, the side effects of artificial intelligence and you have a perfect storm and convergence of challenges for operational risk.  In this executive discussion, we will explore these challenges and how technology coupled with the operational risk discipline is helping.

Hosted by:

  • Evan Sekeris, Head of model validation, PNC
  • Keith Weinbaum, Enterprise risk management architect, Rocket Central
  • Mark Hofberg, Risk solutions executive, ServiceNow
  • Scott Ferguson, Director, product management, risk & ESG products, ServiceNow  
Mark Hofberg

Risk Solutions Executive

ServiceNow

Mark Hofberg is an accomplished risk management leader with over 20 years of industry experience.  He previously served as a leader in a variety of audit, risk and compliance management functions within retail, wealth, and investment banking at Bank of America.  Mark currently serves customers as Risk Solutions Executive within ServiceNow’s financial services division.  Prior to joining ServiceNow, Mark served as RSA Archer’s field risk officer for US and Canada.

Mark has held various senior leadership roles at Accenture, Bank of America, RSA and now guides customers on their integrated risk transformation journeys with ServiceNow.  He is passionate about the evolution of risk management, emerging risks, and the utilization of technology to optimize business outcomes.  Mark has co-authored white papers on impacts of technical debt, digital risk, and has a patent on optimization of technology decisions (US 8,321,363 · Issued Nov 27, 2012) along with a patent pending process risk prioritization model.  Mark holds a bachelor’s degree in engineering from North Carolina State University.

Scott Ferguson

Director, Product Management, Risk & ESG Products

ServiceNow

Scott is a leader in Product Management for the Risk & ESG businesses at ServiceNow. He has been with ServiceNow for over 10 years, holding various roles in sales, partner alliances, solution consulting, and product management. He was the initial global solution architect for GRC, launching the GRC business of ServiceNow.  With more than 20 years of practitioner experience, Scott brings expertise from varied disciplines and industries, such as banking, insurance, consumer products, and technology.

Keith Weinbaum

Enterprise Risk Management Architect

Rocket Central

Keith is the Enterprise Architect at Rocket Central responsible for leading the design and implementation of an Integrated Risk Management capability that aims to ensure future loss for the Rocket family of companies is kept within the company’s risk appetite as efficiently as possible.  His experience in the risk management space spans 20 years, starting when he created the Information Security function at Quicken Loans, which he led for 10 years. He then created the Enterprise Risk Management function and led that for over 5 years where the team performed fully quantitative risk assessments across the enterprise as well as aligned process and technology across many GRC functions at the company.

Evan Sekeris

Head of model validation

PNC

Evan's background is in the measurement and quantification of credit risk and operational risk.  His primary focus is currently on supporting institutions in building operational risk modeling for stress testing, developing their risk identification process and developing their model risk management frameworks.
Some of his recent client engagements include:
For a foreign global bank, helped them develop a comprehensive operational risk framework for their US based IHC. Ensured both integration of the framework in their international framework as well as US regulatory compliance.
For a large internationally active US bank: supported major change of course in CCAR operational risk stress estimates a few months prior to submission in reaction to regulatory guidance.
For a large regional bank: built their CCAR loss projection model and wrote the documentation for the full CCAR operational risk submission.
For a global bank conducted a validation of their operational risk modeling framework for CCAR
  Prior to joining Oliver Wyman, Evan was the Head of Risk Consulting for Financial Institutions for Aon in Columbia, Maryland. He was in charge of building Aon's risk consulting practice for financial institutions and managed multiple teams based in North America and Europe to deliver services to clients worldwide. Previously, Evan was an Assistant Vice President of the Federal Reserve Bank of Richmond, where he created the center of excellence for operational risk which served the System needs for operational risk related matters. The team was in charge of the supervision of all AMA and CCAR banks in the US and developed the Fed's CCAR model for operational risk.
Evan earned a B.A. and M.A. in Economics from the Université Catholique de Louvain in Belgium. He received an additional M.A. as well as his Ph.D. in Economics from the University of California at Los Angeles.

Tanya Weisleder

Global head of conduct risk

Credit Suisse

Tanya joined Credit Suisse in January 2017 from Citi where she spent 16 years in various senior Business, Risk and Compliance roles; her most recent roles included the North America head of conduct risk and head of risk management practices for the US & Latin America International Private Banking Business. 

At Credit Suisse Tanya is the global conduct risk head focused on the continual development of the Global Conduct Risk Strategy. She is a regular speaker on Conduct Risk at the biannual risk.net training industry training forum. Tanya obtained a Masters in International Affairs from Columbia University in New York, NY in May 2000 and a Bachelor of Arts in International Careers from the Lehigh University in Bethlehem, PA. 

Penny Cagan

Head of operational risk Americas

UBS

15:0015:50

Executive boardroom session 2

15:00 - 15:50

Meet-Up Zone: need a break? Take a moment in the ‘Meet-Up Zone’ and connect with your industry peers over a cup of coffee. No topic. No pre-arranged discussion. Just a few moments to relax and chill out.

Boardroom A: Next generation AML: how FIs can effectively use advanced analytics to prevent ML

Widening sophistication amongst fraudsters and financial criminals means the stakes have never been higher in the fight against financial crime. The need for innovation and new technologies is pronounced, and will enhance the capability, effectiveness and efficiency in combating financial crimes. In this executive discussion, we will address the challenges ahead and how innovative technologies such a s advanced analytics is a game changer for FIs in managing ML.

Hosted by:

  • Carl Case, Principal, EY
  • Christopher Dillon, Managing director, financial crimes compliant, Ernst and Young LLP.

Boardroom B: The great resignation

It is the upshot of all leaders; to recruit and retain talent and create a culture which enables you to do so. However, the great resignation is real! With 73% of leaders citing staff shortages as one of their biggest challenges in the next 12 months, we need to ask the question, ‘why do so many people leave’? Join this executive discussion and share your views on the great resignation and what we as an industry should do to mitigate its effect.

  • Gus Ortega, Head of technology, innovation and operations risk management, Voya
  • Ken Radigan, Insurance risk management professional, lecturer, Columbia University in the City of New York, former CEO of PRMIA
Gustavo A. Ortega

Head of technology, innovation and operations risk

Voya Financial

Ken Radigan

Chief executive officer

PRMIA

Ken Radigan is currently the CEO of the Professional Risk Managers’ International Association (PRMIA).  Ken also teaches Insurance Risk Management at Columbia University’s Master of Professional Studies in Insurance Management.  

Ken served as the Chief  Risk Officer (CRO) for US and Bermuda platforms of Aspen.  Prior to this, Ken was the CRO for the Casualty and Global Risk Solutions Divisions of AIG.  Ken had worked at AIG for over 25 years and during this time he had the following responsibilities:

CRO Casualty and Global Risk Solutions

  • Director of corporate catastrophe modeling
  • Product line manager for the Environmental Protection Programs
  • Product line manager for the Cleanup Cost Cap programs
  • Actuarial analyst for the corporate actuarial department

Ken was the inventor of two US Patents on Nuclear Decommissioning Insurance. 

Ken has a Bachelor of Arts degree with a major in Mathematics from the University of Dayton and has the following professional designations:

  • Professional Risk Manager, PRM
  • Chatered Property Casualty Underwriter, CPCU
  • Associate in Risk Management, ARM
  • Associate in Surplus Lines Insurance, ASLI
  • FINRA Series Certifications: 6,63,66, and 7

Carl Case

Principal

EY

Carl E. Case III |Principal | Financial Crimes Compliance Technology Leader

Ernst & Young LLP

Mobile: +1 703 475 7646 | [email protected]

 

Carl Case is a Principal and the US Financial Crimes Compliance Technology Consulting leader for EY. In this role, he assists EY’s clients in bringing analytics, automation, AI, and other innovative technologies to bear in their fight against financial crimes.  Carl also leads development of the EY FinCrime Platform and Cognitive Investigator, a suite of state-of-the art financial crime monitoring and investigations technologies employed by EY clients globally, to increase the efficacy and efficiency of their financial crimes programs.  Carl holds an MBA from Columbia University and is a graduate of the United States Naval Academy, where he commissioned as an officer in the US Navy.

16:0016:50

Executive boardroom session 3

16:00 - 16:50

Meet-Up Zone: need a break? Take a moment in the ‘Meet-Up Zone’ and connect with your industry peers over a cup of coffee. No topic. No pre-arranged discussion. Just a few moments to relax and chill out.

Boardroom A: Empowering women leaders in risk – innovation, inclusion and insights

Join this executive boardroom session where we will discuss the importance of diversity and inclusion in operational risk management. The discussion will focus on how we can find new ways to promote diversity, the ways in which we can use diversity and inclusion as a source of innovation and importantly, will this lead to better risk management decisions?

Discussion points:

  • How do we promote diversity and demonstrate its benefits?
  • Diversity and inclusion as a source of innovation
  • What can be done to empower women leaders in risk
  • Madiha Fatima, Director third party risk management, Angelo Gordon
  • Nita Kohli, Former VP operational resilience, Freddie Mac
  • Isabel Rohrbeck, Director Non Financial Risk Management, Head of NFRM Infrastructure Coverage, Deutsche Bank

Boardroom B: Reframing the conversation around cyber – how do you making business decisions about cyber risk?

With cyber security threats showing no signs of relenting, many FIs are justifiably concerned about how their organization can handle these risks. In this interactive discussion group, you will deepen your knowledge on how to make decisions around ransomware threats and other types of cyber security risks, understand the implications on your business and crucially, we will ask, are you comfortable with making business decisions around cyber?

Hosted by:

  • Chris Beck, Managing director, Milliman
  • Filippo Curti, Financial economist – manager, Federal Reserve Bank of Richmond
  • Fred Harris, Head of cybersecurity, data & technology risk & compliance, Société Générale
Madiha Fatima

Third-party risk management director

Angelo Gordon

Nita Kohli

Former VP operational resilience

Freddie Mac

Chris Beck

Managing director

Milliman

Chris is a member of Milliman’s Cyber Risk Solutions (CRS) practice group.  The practice delivers a portfolio of risk consulting services, such as enterprise risk design, cyber risk assessment and quantification, test and build projects, operational risk assessments, enterprise risk management (ERM) education and training, and ERM technology evaluation. The CRS practice uses diagnostic consulting strategies to understand an organization’s enterprise risk goals and challenges and then customize solutions to deliver required business results. 

EXPERIENCE

Chris has 15 years of professional experience.  His experience includes work in the banking, insurance, capital markets and card sectors helping clients assess and mitigate risk. 

Prior to joining Milliman, Chris was a Senior Manager in Accenture’s Finance and Risk Management Consulting practice, delivering work for global financial service clients.   Additionally, Chris served as an active duty Naval Officer and has multiple overseas deployments. 

Professional experience and subject matter advisory includes: 

  • Cyber Security metrics and governance
  • Financial Service Regulatory and Compliance initiatives
  • Risk Management 
  • Corporate and Risk Governance
  • Surveillance 
  • Financial Services operating model and cost reduction
  • Regulatory remediation and responses
  • Legal department risk and optimization
  • Leading large cross functional projects and teams

EDUCATION

  • BS Political Science, University of Wisconsin–Madison
  • MBA, University of Chicago – Booth School of Business

Fred Harris

Head of Cybersecurity, Data & Technology Risk & Compliance

Société Générale

Filippo Curti

Financial Economist, Supervision, Regulation and Credit

THE FEDERAL RESERVE BANK OF RICHMOND

<p>Filippo is a financial economist in the Quantitative Supervision and Research (QSR) unit of the Federal Reserve Bank of Richmond. Filippo joined the Richmond Fed in 2014 after earning his doctorate in Finance at the University of Arizona. Prior to moving to the US, Filippo worked one year for Toro Assicurazioni S.p.a. (now Assicurazioni Generali S.p.a.) and obtained his master degree in Actuarial and Statistical Science from the University of Turin. Since he started working for the Richmond Fed he has been heavily involved in Operational Risk as both modeler and examiner.</p>

Isabel Rohrbeck

Director non financial risk management, head of NFRM infrastructure coverage

Deutsche Bank

17:0017:20

Closing Keynote: Regulatory update from the OCC

17:00 - 17:20

Kevin Greenfield

Deputy comptroller for operational risk

Office of the Comptroller of the Currency

Kevin Greenfield is the Deputy Comptroller for Operational Risk at the Office of the Comptroller of the Currency (OCC).

In this role, Mr. Greenfield oversees development of policy and examination procedures addressing operational risk, bank information technology, cybersecurity, critical infrastructure resilience, payments systems, and corporate and risk governance. He assumed these responsibilities in November 2019.

Prior to this role, Mr. Greenfield served as the Director for Bank Information Technology for the Operational Risk Division where he managed a team responsible for developing, communicating, and interpreting policies for the OCC's supervision of technology operations at financial institutions. He represented the OCC on several interagency groups that focus on coordination and development of information technology risk management supervisory guidance for such topics as information security, resiliency, technology operations, corporate governance, and independent risk management.

Prior to being named Director for Bank Information Technology in 2014, Mr. Greenfield spent 14 years with the OCC's Large Bank Supervision Department, where he gained experience examining large and complex technology operations at several of the largest U.S. financial institutions. In this role, he held various technology supervision roles at large financial institutions based in Pittsburgh, Charlotte, and New York City.

Mr. Greenfield is a graduate of the University of Dayton and holds the Certified Information Systems Auditor professional certification.

17:2018:00

The future of operational risk: the post-pandemic mind-set

05:20 - 06:00

 

From the evolving and continuous threat of cyber-attack, to the unexpected and sudden impact of a global pandemic, operational risk is set to remain a key priority. And while robust ORM is critical, the practice is still largely in its infancy. Without a doubt, the past two years have emphasized the importance and the breadth of operational risk. So how are FI leaders envisioning ORM beyond 2022?

Join leading FIs as they discuss the future of operational risk, from moving beyond departmental silos through to the evolution of ORM, new frontiers of cyber threats, natural disasters, political unrest and more.

Tom Osborn

Editor, risk management

Risk.net

Tom Osborn is the desk editor of Risk.net's risk management coverage. Prior to joining Risk, he reported on the futures and foreign exchange industries for Dow Jones' Financial News and the Euromoney group of publications. Osborn holds a bachelor's degree in English literature from the University of Warwick.

Nedim Baruh

Head of Operational Risk Measurement and Analytics

JP Morgan

Nedim Baruh leads the Operational Risk Capital and Analytics function at J.P. Morgan Chase ("JPMC") and is responsible for the Operational Risk Capital and Stress Testing processes.

Most recently, Nedim has been leading JPMC's effort to enhance its Scenario Analysis program by developing factor based models to assess its material risks. This work will help JPMC bridge the gap between operational risk measurement and management.

Prior to joining JPMC, Nedim was part of the Algorithmics Operational Risk advisory function and led many client engagements in the operational risk space.

Nedim has a B.S. in Economics from the University of Pennsylvania.

 

Mandar Rege

Managing director, operational risk management, technology and cybersecurity

Citi

Mandar has over 20 years of engineering and risk management experience across Technology Operations, Governance and Audit, helping organizations meet business objectives through technology. Currently he is serving as a Managing Director at Citigroup in the Operational Risk group. Prior to Citi, Mandar was the Global CTRO at TD Bank Group, before which he served as the CTRO and CISO at the Bank of Montreal. In his prior career, Mandar has worked extensively with financial institutions globally through leadership roles at Cisco Systems, Inc., Accenture LLC, Alvarez & Marsal LLP,  KPMG LLP and Ernst & Young LLP.

Mandar is an active member of the professional community and has presented at industry forums like Risk.Net, RSA and IAPP Conferences. Additionally, he is active in various profesional organizations such as ISACA, IAPP and ISC2 and has served as the Chair of the Canadian Banking Association’s CIRT (CISO Forum). He holds the CISSP, CIPP, CISA, and PMP certifications.

 

Kevin Greenfield

Deputy comptroller for operational risk

Office of the Comptroller of the Currency

Kevin Greenfield is the Deputy Comptroller for Operational Risk at the Office of the Comptroller of the Currency (OCC).

In this role, Mr. Greenfield oversees development of policy and examination procedures addressing operational risk, bank information technology, cybersecurity, critical infrastructure resilience, payments systems, and corporate and risk governance. He assumed these responsibilities in November 2019.

Prior to this role, Mr. Greenfield served as the Director for Bank Information Technology for the Operational Risk Division where he managed a team responsible for developing, communicating, and interpreting policies for the OCC's supervision of technology operations at financial institutions. He represented the OCC on several interagency groups that focus on coordination and development of information technology risk management supervisory guidance for such topics as information security, resiliency, technology operations, corporate governance, and independent risk management.

Prior to being named Director for Bank Information Technology in 2014, Mr. Greenfield spent 14 years with the OCC's Large Bank Supervision Department, where he gained experience examining large and complex technology operations at several of the largest U.S. financial institutions. In this role, he held various technology supervision roles at large financial institutions based in Pittsburgh, Charlotte, and New York City.

Mr. Greenfield is a graduate of the University of Dayton and holds the Certified Information Systems Auditor professional certification.

18:0019:00

OpRisk North America drinks reception
Catch up with old connections and meet new contacts over a juice or a cocktail

17:30 - 18:30