Agenda 2020 - virtual event

Agenda

Agenda - virtual event

13:0013:30

Security, operational resilience and COVID-19

09:00 - 09:30

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.

13:3014:30

What we’ve learned so far: COVID-19, resilience and operational risk panel

10:10 - 10:50

  • How are organisations defining resiliency in the era of remote working?
  • Identifying areas within the firm that are critical for resiliency 
  • Lessons learned from COVID-19
  • What COVID-19 has taught us about third party risk
  • The new BAU: what this means for control frameworks
Tom Kartanowicz

Regional CISO

Commerzbank AG

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).

Chris Harner

FRM Managing Director

Milliman

Chris leads Milliman’s Cyber Risk Solutions (CRS). The practice offers clients innovative solutions for quantfying complex risks, including cyber, vendor, conduct and operational risk. CRS uses causal modeling integrating cognitive mapping, complexity science and Bayesian nets to quantify and aggregate risk. The solution can also be applied to cyber underwriting, accumulation risk and non-affirmative (i.e., silent cyber) risk. Lastly, CRS integrates artificial intelligence and machine learning (AI/ML) to construct sentiment analysis, distinguishing “signal” from noise in order to provide clients with an emerging threat framework.

EXPERIENCE

Chris has 20+ years of broad industry experience in banking, insurance and consulting. His international experience spans work in Zurich, London, Athens, Moscow and New York. Previous employment included: UBS, Renaissance Capital, ABN Amro, Frank Russell Securities and AIG. 

Prior to joining Milliman, Chris was a Senior Manager in EY’s Enterprise Risk Services (ERS) practice serving banking and insurance clients for 8 years. 
Professional experience and subject matter advisory include:

  • ERM frameworks, assessments, governance
  • Operational and compliance risk
  • Preparing for regulatory supervision (FRB, OCC) and conducting regulatory remediation
  • Designing Integrated FP&A frameworks
  • Complex project management, including leading large teams, interfacing with SMAs executive stakeholders. 
  • Twenty years of experience in financial services and risk management
  • Ten years of experience in fixed income
  • Eight years of experience in Emerging Markets with an emphasis on Russia and Eastern Europe.

EDUCATION

  • BA Foreign Language / International Affairs (FLIA), University of Puget Sound 
  • MBA, International Finance, Thunderbird, School of Global Management
  • FRM, Financial Risk Manager – Certified by GARP

Chris is fluent in German and Russian.
 

Nikki Covino

Non financial risk management chief operating officer

Credit Suisse

Nikki Covino is the Regional Head of Business Continuity for Credit Suisse (CS). In this role, she is accountable for Business Continuity for all CS offices in North and South America. In her role as part of the risk organization, she is responsible for review and challenge of all business plans for contingency and for governance of Disaster Recovery testing. In addition, she is the lead Crisis Manager for the region and has led many events over the past 12 years including hurricanes, earthquakes, blackouts, fires and IT outages.

Prior to Credit Suisse, Nikki worked at Merrill Lynch in the FX Technology area. As part of that role, she assisted in the development of a Risk system for trade matching.

Nikki earned her bachelor's degree in Economics from University of Massachusetts, Amherst. She currently lives in Manhattan with her husband and 2 teenage daughters.

 

Jennifer Finnerty

Managing Director

PGIM Fixed Income

Marcus Wildsmith

Chief product officer

Cutover

 

Formerly the Global Head of Telco and High Tech practice at a niche global consulting firm, Marcus has 15 years of experience with major launch transition projects including EE (the UK’s largest Telco) and the first UK 4G Services.

 

15:3016:00

Evolving scope of operational risk: new roles and responsibilities

09:00 - 10:00

  • Managing new and emerging risks

  • How are your industry peers allocating resource and responsibility?

  • How is technology and digital transformation encouraging this transformation?

  • What new departmental structures are emerging?

  • How has crisis informed how we approach operational risk? 

 

Dolores (Lori) Miller

Head of operational risk

AIG Investments

Dolores (Lori) Miller, CFA is Managing Director, Head of Operational Risk for AIG Investments. Lori is responsible for executing the Operational Risk framework for Investments including RCSAs, risk assessment, and governance. Lori works to promote a proactive risk culture through key processes around new business, model risk, and risk event reporting.

Prior to joining AIG, Lori was Head of Client & Operational Risk for Deutsche Bank GTB Americas region with responsibility for the development and implementation of methodologies, processes, and tools to measure, report, and mitigate key operational risks and emerging risk. Prior to Deutsche Bank, Lori was the Head of Bank Operational Risk Oversight for the Americas region at Credit Suisse. Before her Operational Risk roles, Lori was Managing Director and Head of Asset Management at AMBAC; head of Taxable Fixed-Income portfolio management at American Express; and was a private placement portfolio manager with AIG.

Lori has her Bachelors in Finance and her MBA in Finance from The Ohio State University and is a CFA.

Simon Wills

Executive Director

ORX

Bob Sibik

Senior vice president

Fusion Risk Management

Michael J Abriatis

Chief operational risk officer

PNC Bank

Michael J. Abriatis serves as PNC's Chief Operational Risk Officer. His is responsible for leading the PNC Operational Risk program. This includes both defining and implementing the PNC's Operational Risk program as well performing independent risk management activities.

He previously served as Chief Operating Officer for Corporate and Institutional Banking. In this role he was responsible for building the C&IB Business Risk Office as well as client analytics, communications, sales reporting, Canada Branch oversight, continuous improvement projects, and client experience initiatives.

Abriatis joined PNC in 2003 and has held numerous positions across PNC. Previous positions include Sr. Basel Program Manager, CFO Corporate Banking, CFO Wholesale Bank (National City Bank), Sr. Sourcing Manager and Business Improvement Consultant.

Michael has an undergraduate degree from Washington & Jefferson College and a MBA from Case Western Reserve's Weatherhead School of Business.

 

16:0017:00

Fireside chat: the impact of digital transformation on operational risk

11:30 - 12:00

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  • Key areas your firm needs to be considering from the digital perspective
  • Managing risk in cloud migration and how to ensure your assets are secure
  • Learn how firms are managing the risk associated with a distributed workforce
  • Understand the impact of digital transformation on cyber risk and how you can mitigate this
Tripp Rex

Director of Operational Risk

U.S. Bank

Ann Caruso

Senior vice president head of operational risk and ERM

investors Bank

Mark Hofberg

Executive director

RSA Archer Risk Transformation Office, CISA, CRISC

 

As the leader of the RSA Risk Transformation Office, Mark Hofberg works with financial services clients to assist in enabling their Integrated Risk Management strategies, best practices and frameworks. He brings deep financial services experience, audit and risk management skills to his role with RSA Archer, having previously served as senior vice president with a large financial institution.  He holds a patent for a GRC software selection method he developed and has another patent pending for process risk prioritization.

Nita Gooding

Executive director of risk strategic program office

Ally Financial

Nita Gooding joined Ally Financial in March 2009 and is currently the Executive Director of Ally’s Risk Strategic Programs team.   In this role, Ms. Gooding is responsible for overseeing the successful execution of critical Independent Risk Management initiatives, including both process improvement projects and large-scale transformational efforts involving people, process, and technology change. Ms. Gooding is also responsible for managing key risk engagement forums to drive knowledge exchange, consistency, and continuous improvement across business line risk executives and independent risk management functions.  In addition to these responsibilities, Ms. Gooding provides the ongoing governance of Ally’s Governance, Risk, and Compliance platform.

Prior to joining Ally, Ms. Gooding was a Change Management Executive at Bank of America for 14 years, and a Senior Management Consultant with Andersen Consulting (now Accenture) for 5 years.

13:0014:30

Stream

AI, ML and analytics

Using data to effectively manage and mitigate conduct risk

13:00 - 13:30

  • Gain insight into how analytics are being used to inform conduct risk
  • Implementing a connect the dots approach: uncovering these vital connections in data
  • Methodologies for previously underutilized data that will enable you to gain a fuller picture
  • Moving beyond traditional conduct risk approaches: why this is so necessary
Tanya Weisleder

Global head 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. 

Fraud and money laundering prevention during uncertainty: insights and tools

13:30 - 14:30

  • Emerging threats and surveillance: Typologies that cut across and how surveillance techniques needs to change
  • Recognition that rules based monitoring is not sufficient on its own: new ways of thinking
  • Next steps? Regulators and internal examiners: how can we work together on this journey
  • What technologies have not been taken into consideration? How can firms monitor effectively monitor money laundering?
  • Emerging threats due to bitcoin
Jayati Chaudhury

Financial crime, AML transaction monitoring , global IB lead (MBA, CAMS)

Barclays

Anthony Amendolare

Director operational risk control

Bank of America Merrill Lynch

Lester Joseph

Manager, Global Financial Crimes Intelligence Group

WELLS FARGO

<p>Lester Joseph is the Manager of the Global Financial Crimes Intelligence Group at Wells Fargo &amp; Company. The primary mission of this Group is to provide intelligence on money laundering activity and financial crime trends to all parts of the company. Les joined Wells Fargo in March 2010 as the International Investigations Manager.</p>
<p>Prior to joining Wells Fargo, Les worked for the U.S. Department of Justice from 1984 to February 2010. From 2002-2010, he was the Principal Deputy Chief of the Asset Forfeiture and Money Laundering Section (AFMLS). He was a Deputy Chief in the Section since October 1991.</p>
<p>Les began his career with the Department of Justice in 1984 as a Trial Attorney in the Organized Crime and Racketeering Section. From 1981-1984, he was an Assistant State's Attorney in Cook County (Chicago), Illinois. He received his J.D. from The John Marshall Law School in Chicago and his B.A. from the University of Michigan.</p>
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Stream

Third Party and Vendor Risk: understanding best practice

Deep dive and audience survey: building supply chain and third party resilience

13:00 - 13:30

  • Audience survey: what keeps you awake at night? Key areas impacting the way you approach your third party and vendor risk strategy

  • What makes the success of your TPRM strategy a competitive advantage? 

  • Lessons learned from the pandemic 

Building a resilient TPRM strategy

13:30 - 14:30


•    Why do third party risk approaches need updating? 
•    How your firm can diversify risk assessments
•    Successfully implementing vendor risk assessment: how can this be done effectively and efficiently? Maintaining consistency in your approach
•    Modernizing third party supply chain policies

Timothy Carmon, CPA CGMA

Head of enterprise risk and control assessments

Massachusetts Mutual Life Insurance Company

Tim is the head of Enterprise Risk and Control Assessments, an area of Enterprise Risk Management (ERM). Tim joined MassMutual in 2006 as part of a team to implement a sustainable program to assess internal controls over financial reporting. Since joining the company, Tim has worked in a variety of risk management capacities including geographic risk concentration, Own Risk and Solvency Assessment (ORSA) and other regulatory risk compliance, and risk maturity assessment. Currently, Tim oversees multiple risk areas including Liquidity Risk, Operational risk, Model Risk, Financial Reporting Risk (including SOC 1 and SOC 2 reporting), and Third-Party Risk. Tim also oversees the Enterprise Risk Appetite and Top Risk programs that identify, assess and quantify the top risks facing the company in the immediate and long term in both normal and stress conditions. 
Prior to joining MassMutual, Tim worked at Deloitte in the Audit and Assurance Department with a focus on the life insurance industry. 
Tim graduated from the University of Richmond in Richmond, VA with a BS in Accounting and a BA in Religion. 

 

Dr. Yonesy Nunez

Senior vice president, information security

Wells Fargo

Yonesy F. Núñez is the Group Information Security Leader for Wholesale, Wealth and Investment Management & International for Wells Fargo Enterprise Information Security.  Prior to joining Wells Fargo, Yonesy was SVP and Group Information Security Officer – Enterprise Strategy for Citi’s Corporate Center Businesses where he helped promote business objectives by aligning and utilizing information security risk management as a business differentiator throughout Citi.   He was also the Practice Leader for PwC’s Philly Metro IT Risk & Security Assurance Practice, CISO - Director of Information Security at The New School, CISO - Global Manager, IT Governance, Security, and Compliance at Pall Corporation where he introduced the first holistic global information security, IT governance, and compliance programs. 

Jeannie M Pumphrey

Director head of third-party risk management operational risk management

MUFG

Lazaro Barreiro

Director, governance and operational risk policy

Office of the Comptroller of the Currecy

Lazaro Barreiro is the Director for Governance and Operational Risk Policy within the Operational Risk Policy Division at the Office of the Comptroller of the Currency (OCC). In this role, Mr Barreiro manages a team responsible for establishing governance and operational risk policy and guidance for the agency. He assumed these duties in 2016.

Prior to his current role, Mr Barreiro served as an Assistant Deputy Comptroller for the OCC's Pittsburgh Field Office. He has more than 31 years of financial services examination experience with the OCC, the former Office of Thrift Supervision, and the U.S. Securities and Exchange Commission.

Mr Barreiro holds a bachelor's degree in finance from Florida State University and a master's in business administration in information technology from Barry University.

Yakut Akman

Chief Third Party Management Officer

CITI

<p>Yakut Akman brings 35 years of diverse banking experience to her role of Chief Third Party Management Officer. She has responsibility, authority and accountability for the end-to-end Third Party Management Program, and leads global efforts to strengthen Citi's organizational framework, as well as processes and tools to manage third party risk.</p>
<p>Yakut's Citi career started in Istanbul, Turkey, as a Management Trainee. She then managed several trading support groups in New York ranging from Capital Markets and Fixed Income to Foreign Exchange, and was instrumental in establishing Citi's Interest Rate Derivatives Operations in the early 1990s. In 1996 she transferred to London as Director of Trade Services in Europe, managing Citibank's main service delivery hub in London supporting Europe.</p>
<p>Yakut is known for her abilities to connect operational details to the strategic business vision and drive meaningful change - an approach sharpened by many years in Operation &amp; Technology and her role as Program Director in in Citi's Internal Audit, overseeing critical Investment and Consumer banking businesses, and also serving as Deputy Chief Auditor of Citi's Student Loan Corporation.</p>
<p>Prior to her current role, Yakut served as Global Head of Risk Management for Citi's Enterprise Infrastructure. Her responsibilities covered all operational risk disciplines including Information Security, Continuity of Business, and Third Party Management.</p>
<p>Yakut is a member of the Information Systems Audit and Control Association (ISACA) and is certified in CISA (Certified Information Systems Auditor). She is a Magna Cum Laude graduate of Mount Holyoke College with a degree in Economics.</p>
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Stream

Executive Boardroom: how to meet changing organisational needs as the oprisk function

Climate risk: moving beyond a reputational risk

10:30 - 11:30


•    How is the regulatory environment perceiving climate risk?   
•    Addressing climate risk within your operational risk framework: how are leading firms rewriting their approach 
•    Monitoring climate risks as part of financial-stability assessments and improving data collection and corporate disclosures: what new requirements can be anticipated?  
•    How can you stress test for climate risk? 
•    Transition risk, assets and investments: linking the operational framework

Penny Cagan

Managing director

MUFG

Oscar McCarthy

Senior officer

ING and PRMIA

Ken Radigan

Chief executive officer

PRMIA

Ken has held high-level posts in prominent multinational insurance corporations, and acted as a risk management consultant in the financial industry.  From 2014 to 2015, he served as the Chief Risk Officer (CRO) of the US and Bermuda operations of Aspen, where he developed and administered a risk management framework and headed multiple global functions, including the operational risk department. 

From 1988 to 2014 he held a variety of positions at AIG, ultimately serving as CRO of the Casualty and Global Risk Solutions divisions.  Ken holds a B.A. in Mathematics from the University of Dayton, as well as numerous professional designations, including:  Professional Risk Manager (PRM), Chartered Property Casualty Underwriter (CPCU), Associate in Risk Management (ARM), and Associate in Surplus Lines Insurance (ASLI). 

Ken has also been an active volunteer for PRMIA, holding the following positions: Member of the Board of Directors, Treasurer, Chair of the Finance Committee, Chair of the Ethics Committee and Regional Director of the New York Chapter.
 

Cyber, geopolitical, pandemic and climate risk: how can risk departments measure this? 

13:30 - 14:30

  • How organisations can analyse these key factors at a higher level
  • How can we measure risks such as pandemic accurately? 
  • How can we hedge climate change? 
  • Getting people to speak the same language: aligning on taxonomy 
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>

Manan Rawal

Head of Americas model risk management

MUFG

Manan N. Rawal, EVP and Head of Model Risk Management of HNAH since September 2017.  He joined HSBC in 2008 and has held positions in client risk management, market risk, and stress testing.  Prior to joining HSBC in 2008, Mr. Rawal has held trading and asset management roles at DKR Capital, Advent Capital, Swiss Re and Deutsche Bank spanning a period from 1994 – 2007.

He has an international executive MBA (Trium – HEC Paris, NYU, and the London School of Economics), M.Sc. in Economics (London School of Economics) and a B.S. in Finance from the Wharton School (University of Pennsylvania). He is also an adjunct faculty member of the New York Institute of Finance (https://www.nyif.com/).

His interests include thinking about the impact of technology / data / analytics on society, wine, traveling, and focusing on the positive.

14:3015:30

Operational Risk Management: Adapting to the “new normal”.

14:30 - 15:30

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In a period of rapid business transformation, the increasing velocity of change of risk profiles and an ever changing competitor landscape; operational risk functions are continuing to evolve to keep pace with these changes and help to proactively manage these risks.  This panel will explore:

  • How some organizations are adapting and evolving their operational risk functions
  • Programs and technology to adapt to the new normal and more effectively and efficiently help their firms manage risk

15:3016:00

Coffee break and virtual meet-ups

15:00 - 15:30

Take advantage of our AI powered networking tool! Match-make with like-minded firms, vendors, academics, consultants and specialists. Benchmark with your colleagues, grab a coffee with a consultant or a tech vendor, visit our exhibition area or join one of our chat groups.

16:0017:00

Data risk and cyber security

10:00 - 11:00

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17:0018:00

Managing the operational risk associated with the LIBOR transition

16:00 - 17:00

•Communication
•Conduct risk
•Contract Management
Richard Berner

Clinical professor of finance, co-director, the Volatility and Risk Institute

NYU Stern School of Business

Professor Berner served as the first director of the Office of Financial Research (OFR) from 2013 until 2017. The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 established the OFR to support the Financial Stability Oversight Council, the Council’s member organizations and the public. The OFR’s mission is to promote financial stability by delivering high-quality financial data, standards and analysis.

He was counselor to the Secretary of the Treasury from April 2011 to 2013. His principal responsibilities included advising the Secretary on financial and regulatory issues and starting up the Office of Financial Research.

Professor Berner was a managing director, chief US economist at Morgan Stanley from 1999 to 2011 and co-head of Global Economics from 2008 to 2011.

He was executive vice president and chief economist at Mellon Bank, and a member of Mellon's Senior Management Committee (1992-99). Previously, he served as a principal and senior economist for Morgan Stanley, as a director and senior economist for Salomon Brothers (1985-91), as economist for Morgan Guaranty Trust Company (1982-85) and as director of the Washington, DC, office of Wharton Econometrics (1980-82).

Professor Berner served on the research staff of the Federal Reserve in Washington, where he co-directed the Fed’s model-based forecast and was a member of the team that developed the Fed’s first multi-country model used for international policy analysis (1972-80). He has been an adjunct professor of economics at Carnegie-Mellon University and at George Washington University.

He is an advisor to FinRegLab, an innovation center that tests new technologies and data to inform public policy and promote a responsible and inclusive financial marketplace. He is a member of the Milken Fintech initiative, led by former OCC head Tom Curry and former Treasury official Melissa Koide. He is a senior advisor to MacroPolicy Perspectives, an economic consulting firm. He is a member of the Board of Advisors of HData, which helps data companies involved in RegTech and Legal Tech solutions. He is a member of the IMF panel of experts for financial stability.

Professor Berner has been a member of the Economic Advisory Panel of the Federal Reserve Bank of New York, a member of the Panel of Economic Advisers of the Congressional Budget Office, a member of the Executive Committee of the Board of Directors of the National Bureau of Economic Research, a member of the Advisory Committee of the Bureau of Economic Analysis, Department of Commerce, a member of the Board of Directors of the Penn Institute for Economic Research and a member of the Board of Advisors of Macroeconomic Advisers, LLC. He served as an associate for the Counterparty Risk Management Policy Group II. He is a Past President and Fellow of the National Association for Business Economics and is the past chair of the Economic Advisory Panel of the Bond Market Association. He is the winner of forecasting awards from Market News and the National Association for Business Economics, the 2007 recipient of the William Butler Award for Excellence in Business Economics and has been a member of Time’s Board of Economists.

He received his bachelor’s degree magna cum laude in Economics from Harvard College in 1968, and his PhD in Economics from the University of Pennsylvania in 1976. He researched his dissertation under the supervision of Professor Lawrence Klein, and was funded by SSRC-Ford Foundation grants at both the University of Louvain, Belgium, and at the University of Bologna, Italy, from 1971-72.

Simon Potter

Former EVP and head of the markets group

Federal Reserve Bank of New York

Simon M. Potter was an executive vice president of the Federal Reserve Bank of New York, head of the Markets Group and manager of the System Open Market Account for the Federal Open Market Committee (FOMC). Mr. Potter oversees the implementation of domestic open market and foreign exchange trading operations consistent with FOMC directives, the execution of fiscal agent support for the U.S. Treasury, and the provision of account services to Foreign and International Monetary Authorities.

Prior to leading the Markets Group, Mr. Potter served as director of economic research and co-head of the Research and Statistics Group at the New York Fed. In this role Mr. Potter was responsible for constructing analytical tools for economic forecasting and monetary policy analysis, and leading FOMC briefings and preparation for the Bank president. Mr. Potter has played a prominent role in the New York Fed's financial stability efforts, including contributing to the design of the Supervisory Capital Assessment Program and as a member of the Bank for International Settlements Macroeconomic Assessment Group that supported the Basel Committee's work to strengthen bank capital standards. Mr. Potter also managed the team producing the first Financial Stability Oversight Council Annual Report on Financial Stability and served as an associate economist for the FOMC.

Before being named executive vice president in January 2010, Mr. Potter served as a senior vice president in the domestic research function. He joined the Bank in June 1998 as an economist and was named an officer of the New York Fed in January 2004. From April 2011 through July 2011, Mr. Potter worked at the Financial Stability Oversight Council.

Prior to joining the Bank, Mr. Potter was an assistant professor of economics at UCLA. He has also taught at Johns Hopkins University, New York University and Princeton University. His main research area is applied time series analysis using Bayesian methods. He has written extensively on nonlinear dynamics over the business cycles. Recent topics have included forecasting the probability of recession, large panel forecasting models, modeling structural change and inflation expectations.

Mr. Potter holds a bachelor's degree and a master's degree from Oxford University, United Kingdom and a doctorate from the University of Wisconsin.

 

Jason Granet

Head of firmwide Libor transition efforts

Goldman Sachs

Jason is responsible for the firm's London Inter-bank Offered Rate (LIBOR) transition efforts. Previously, he was deputy head of Liquidity Solutions for Goldman Sachs Asset Management (GSAM). From 2010 to 2017, Jason was the head of International Liquidity Portfolio Management for GSAM, responsible for the management of international liquidity portfolios. From 2007 to 2010, he was co-head of the Secured Funding team on the Central Funding desk, where he and his team were responsible for all financing transactions and financing counterparty relationships across the Investment Management Division. Prior to that, Jason worked in the portfolio and risk strategy group of GSAM’s Fixed Income team from 2004 to 2007. Before joining GSAM, he was an analyst in Fixed Income Operations. Jason joined Goldman Sachs in 2000 and was named managing director in 2012. Jason was recognized by Financial News as one of the “FN 40 Under 40 Rising Stars of Asset Management” in 2013 and 2014. Jason serves on the Board of Trustees of Fairy Bricks. Jason earned a BA in Economics from the University of Michigan in 2000.

Christian Rasmussen

Head of group treasury

UBS

Senior Executive practiced in leveraging internal Assets & Liabilities structure/management and product skills to drive productivity and revenue across diverse platforms. Optimize internal assets and liabilities to deliver maximum client return/value. 

13:0013:30

Remote working and hyper connectivity: the impact of technology and innovation on regulatory expectations

09:00 - 09:30

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.

13:3014:30

Changing the future of mitigating operational risk: unlocking the power of analytics, AI, ML and NLP panel 
The future of operational risk: AI, ML and NLP

09:30 - 10:10


•    Moving beyond the hype: practical applications in risk and non-financial risk 
•    How the latest innovations in these technologies are helping firms streamline their processes and identify risks 
•    An exploration of the potential challenges associated with investing in these technologies 

Gordon Liu

Head of wholesale and markets risk analytics

HSBC

Steve Marlin

Staff writer

Risk.net

Yogesh Mudgal

Director, emerging technology risk

Citi

Flora Sah

CRO, data technology and enterprise initiatives

Bank of America

Flora Sah is the Chief Risk Officer for Global Risk Management at Bank of America. She is the lead risk partner and central delivery conduit, responsible for driving ownership, execution, and oversight between the technology teams and the horizontal risk functions to provide a holistic view of all risks and create robust future state strategy and implementation roadmap.

Before joining Bank of America, Flora was the executive advisory council at Gerson Lehrman Group, responsible for business advisory and technology consulting. Prior to that, Flora held multiple leadership roles at State Street Corporation, including COO of Enterprise Risk Management, Head of Risk & Regulatory Technology, and CTO & Head of Vendor Risk Management. Before joining State Street Corporation, Flora spent several years at Cambridge Technology Partners where she led consulting practices in financial services, retail, and healthcare industry.

Flora holds a M.S. in Engineering Management from Northeastern University and a B.S. in Industrial Engineering and Information Systems from the University of Massachusetts at Amherst.

14:3015:00

The plight of the 1st line Risk/Control Officer.

13:00 - 13:30

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This discussion will explore how “in business” risk and control professionals balance the ever expanding risk program requirements from a variety of stakeholders amidst resource constraints to optimize risk and control efforts to deliver value added risk insights to the business. 

Dan McKinney

Partner

EY

15:3016:30

Break and mental health and pandemic briefing

11:30 - 12:30

16:3017:30

Stream

World-class op risk

Optimizing your oprisk framework for the changing business and regulatory environments

12:30 - 13:00

Ken Horton

Senior director, operational risk methodologies

Royal Bank of Canada

Ken has over 20 years of experience in the financial services industry in the areas of Operational Risk, Audit and Technology.  In his current role at RBC as Head of Operational Risk Methodologies, he leads the efforts to optimize and monitor the effectiveness of the Bank’s core Operational Risk methodologies in line with the changing business operating environment and regulatory landscape.  

Developing a modern industry reference taxonomy for non-financial risk

13:00 - 13:30

  • The industry is actively developing taxonomies that go beyond Basel event types

  • Contemporary concerns are elevated and explicit

  • An industry reference will ensure undue divergence

Luke Carrivick

Head of analytics and research

ORX

Luke is Head of Analytics and Research at ORX where he leads many industry initiatives spanning Operational risk modelling and management. He is also responsible for delivery of a wide range of ORX information and benchmarking including Loss Data, ORX News and the Scenarios Program. Prior to Joining ORX Luke held a variety of positions in Banking, Technology and Academia. Dr Carrivick holds an MBA, PhD and M.A in Mathematics from Cambridge University.

14:0015:00

Managing conduct risk in crisis panel: practical tools and key insights

15:30 - 16:30

  • Managing conduct risk and violation process
  • Communicating with regulators
  •  Monitoring conduct over taxonomies
Tanya Weisleder

Global head 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. 

Joseph Iraci

MD, financial risk management, CRO, futures and forex

TD Ameritrade

Joe Iraci is a Managing Director at TD Ameritrade where he heads the Financial Risk Management team. Prior to this position he headed the Financial Markets Services Group, and the Corporate Risk team. Prior to joining TD Ameritrade Joe held several senior risk management positions within Fidelity Investments at both Fidelity Employer Services Corporation and Fidelity Brokerage Company. Joe previously had been the Head, New Business Operations, UBS AG, and the Regional Head Americas / Deputy Global Head of Operational Risk at Deutsche bank AG, a position he assumed from heading the Business Risk Management for Deutsche Bank's Corporate Trust and Agency Services business. Prior to joining Deutsche Bank, Joe had been a Bank Examiner with the FDIC and served in the United States Marine Corps. Joe completed his undergraduate studies at St. John's University and received his MBA from New York University.

Penny Cagan

Managing Director

MUFG

Penny is a Managing Director and Head of Operational Risk Governance for the Americas with MUFG Union Bank, where she currently manages the Operational Risk framework, practices, regulatory responses and core programs. Operational Risk & Regulation magazine awarded Penny three awards for her contribution to the field of operational risk, including a special industry award in 2011. Penny has published widely, including authoring the chapter on Risk and Control Self Assessments for the PRMIA Operational Risk Manager Handbook.

15:0016:30

Stress testing and scenario analysis for climate risk and pandemic

16:30 - 17:30

  • Key insights from pandemic and natural disasters: how can we assess risk exposures and the operational risk impact?
  • How can we enable practical scenarios? 
  • Moving beyond a realistic disaster scenario 
Richard Berner

Clinical professor of finance, co-director, the Volatility and Risk Institute

NYU Stern School of Business

Professor Berner served as the first director of the Office of Financial Research (OFR) from 2013 until 2017. The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 established the OFR to support the Financial Stability Oversight Council, the Council’s member organizations and the public. The OFR’s mission is to promote financial stability by delivering high-quality financial data, standards and analysis.

He was counselor to the Secretary of the Treasury from April 2011 to 2013. His principal responsibilities included advising the Secretary on financial and regulatory issues and starting up the Office of Financial Research.

Professor Berner was a managing director, chief US economist at Morgan Stanley from 1999 to 2011 and co-head of Global Economics from 2008 to 2011.

He was executive vice president and chief economist at Mellon Bank, and a member of Mellon's Senior Management Committee (1992-99). Previously, he served as a principal and senior economist for Morgan Stanley, as a director and senior economist for Salomon Brothers (1985-91), as economist for Morgan Guaranty Trust Company (1982-85) and as director of the Washington, DC, office of Wharton Econometrics (1980-82).

Professor Berner served on the research staff of the Federal Reserve in Washington, where he co-directed the Fed’s model-based forecast and was a member of the team that developed the Fed’s first multi-country model used for international policy analysis (1972-80). He has been an adjunct professor of economics at Carnegie-Mellon University and at George Washington University.

He is an advisor to FinRegLab, an innovation center that tests new technologies and data to inform public policy and promote a responsible and inclusive financial marketplace. He is a member of the Milken Fintech initiative, led by former OCC head Tom Curry and former Treasury official Melissa Koide. He is a senior advisor to MacroPolicy Perspectives, an economic consulting firm. He is a member of the Board of Advisors of HData, which helps data companies involved in RegTech and Legal Tech solutions. He is a member of the IMF panel of experts for financial stability.

Professor Berner has been a member of the Economic Advisory Panel of the Federal Reserve Bank of New York, a member of the Panel of Economic Advisers of the Congressional Budget Office, a member of the Executive Committee of the Board of Directors of the National Bureau of Economic Research, a member of the Advisory Committee of the Bureau of Economic Analysis, Department of Commerce, a member of the Board of Directors of the Penn Institute for Economic Research and a member of the Board of Advisors of Macroeconomic Advisers, LLC. He served as an associate for the Counterparty Risk Management Policy Group II. He is a Past President and Fellow of the National Association for Business Economics and is the past chair of the Economic Advisory Panel of the Bond Market Association. He is the winner of forecasting awards from Market News and the National Association for Business Economics, the 2007 recipient of the William Butler Award for Excellence in Business Economics and has been a member of Time’s Board of Economists.

He received his bachelor’s degree magna cum laude in Economics from Harvard College in 1968, and his PhD in Economics from the University of Pennsylvania in 1976. He researched his dissertation under the supervision of Professor Lawrence Klein, and was funded by SSRC-Ford Foundation grants at both the University of Louvain, Belgium, and at the University of Bologna, Italy, from 1971-72.

Rick Brobst

Executive director - compliance and operational risk control - head of CCAR for operational risk

UBS Americas

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.

17:0018:00

How your metrics and data can adequately inform you risk profile

17:00 - 18:00

 

  • How these can be used to better streamline RCSAs
  • Harmonizing metrics – ensuring automation of the importation of metrics
Anne-Sophie Gug

Program lead – GRC

Société Générale

Gustavo A. Ortega

Head of technology, innovation and operations risk

Voya Financial

Fred Harris

Head of cybersecurity risk, data risk and technology risk

Société Générale

Michael Reidy

Director, Head of Risk Frameworks and Programs

CITIZENS FINANCIAL GROUP

<p>Michael Reidy is Head of Enterprise Risk Frameworks at Citizens Bank, based in Providence, Rhode Island. Michael leads a team that develops and maintains the Enterprise and the Operational Risk frameworks, processes, and tools to enable proactive, transparent, and effective risk management across the Bank. Mr. Reidy joined Citizens in April 2016 with initial focus on Risk Appetite, Material Risk Identification, Key Risk Indicators, reporting and GRC capability.</p>
<p>Previously, he worked at GE Capital Americas where his most recent position was Enterprise Risk Leader. At GE, he also held senior roles in Risk Management, Business Integration, and Process Quality Improvement.</p>
<p>Michael holds a B.S. in Management from Babson College, and a MBA and certificate in Marketing Intelligence from the University of Connecticut, School of Business. He also holds a Six Sigma Master Black Belt certification.</p>
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Cyber Risk Summit

09:0009:30

Building cyber resilience

09:00 - 09:30

In an era of uncertainty, how can your firm build cyber resilience? Gain practical insights on key considerations with a focus on remote working and third party risk. 

Nasser Fattah

former MD cyber security, IT and third party risk

MUFG

09:3010:30

Cybersecurity Metrics 

09:30 - 10:00

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Cybersecurity risk is a known concern, but the current decision making process is not decreasing the number of breaches.  59% of organizations experienced a significant or material breach in the last 12 months.  The role of the CISO is often still viewed as compliance-driven, the role needs to change from mandate driven (compliance) to mission driven (agent of change).  Boards are increasingly involved in cybersecurity, but require additional insight as well as responsibility in the process.  To fulfill their oversight role and make informed decisions, they seek richer communications in terms they can understand.  This session will discuss how metrics can be used to address these challenges, drive value to the business, improve the cybersecurity posture of an organization and provide clear returns of investments on security initiatives on which to make decisions as well as establish a partnership between the CISO and Board.  Topics will include what metrics to report, how to tell a forward facing story driven by underlying metrics for clear decision-making and pitfalls to avoid.

10:3011:00

Coffee break and virtual meet-ups

15:00 - 15:30

Take advantage of our AI powered networking tool! Match-make with like-minded firms, vendors, academics, consultants and specialists. Benchmark with your colleagues, grab a coffee with a consultant or a tech vendor, visit our exhibition area or join one of our chat groups.

11:0012:00

How are firms quantifying risk in the current landscape?

11:00 - 12:00

Milliman CRS
  • Working effectively with third parties
  • Continuity and working from home: do we have a backup plan?
  • Cyber quantification: how is this impacting monitoring models for fraud and aml?
  • What immediate trends have been identified and how are behaviours are changing? (how this is changing the nature of the risk and exposure )
  • How are you educating your staff?
  • What can be said of third parties and  the global supply chain?
Chris Beck

Executive risk consultant

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

Sophia Kazinnik

Quantitative research

Federal Reserve Bank of Richmond

Michael Barton

Senior director of quantitative assessments

United Health Group

Michael Barton is the Director of Operational Risk Quantification and Scenario Analysis at AIG.  In his role, he leads the development and implementation of operational risk stress testing, economic capital estimation, and allocation of those estimates to the business lines, as well as supporting the development of and quantification of operational loss scenarios for the organization.  In this role, Michael has worked extensively with cyber and business professionals around identifying and quantifying cyber risk.  Before working at AIG, Michael was the Head of the Regulatory Solutions Quantification group in U.S. Bank’s Corporate Treasury department.  In this role, he was responsible for CCAR/DFAST and Regulatory Capital modeling for Operational Risk as well as setting up a governance framework for models and analytical tools in the Corporate Treasury department.  Previous to those roles, Michael worked in an actuarial capacity at Sun Life Financial in Boston handling variable annuity reserving, fixed and variable annuity lapse study estimations, and retirement product pricing.  He held a similar variable annuity reserving role in Security Benefit Corporation in Topeka, KS before that.  Michael has a Bachelor’s Degree in Mathematics with an Actuarial Emphasis, and a Master’s Degree in Theology.

Thomas Kartanowicz

Head of Information Security

NATIXIS CIB AMERICAS

<p>Tom Kartanowicz has been Head of Information Security for Natixis CIB Americas since 2012, having joined the Firm in 2007. Prior to joining Natixis, he was a Systems Administrator at Principia Partners and, earlier, for New York University.</p>
<p>Mr. Kartanowicz is a member of NY Metro Infragard and the NY Metro Chapter of ISSA. He holds a CISSP and CISM.</p>
<p>Mr. Kartanowicz holds an MS, Information Technology from University of Maryland University College and a BS, Computer Science from New York University.</p>
<p>Mr. Kartanowicz has appeared as a panelist and presenter at Technology Managers Forum, CISO Summit NY, NetSPI Executive Leadership Luncheon and GFMI Vendor Risk Management conferences.</p>
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Steve Bishop

Head of risk information & insurance

ORX

Steve Bishop is responsible for developing and implementing the strategy for risk information activities within the ORX, the world’s largest operational risk association. He also leads the ORX insurance service, including managing the global insurance loss data service, and running working groups and events specifically tailored for insurance firms. Risk information includes responsibility for ORX Scenarios – a service that supports organisations with effective scenario development; data standards; developing the ORX Reference Taxonomy; the ORX quality assurance framework (governing loss data services); and the development of ORX services to support the management of material risks, for example the ORX Cyber service that Steve and his team are in the process of launching. Steve has been at ORX for three and a half years and prior to joining held a number of risk management positions in both banking and insurance.  

12:0012:30

Quickfire demos: Cyber pitch Shark Tank

12:00 - 12:30

The greatest and most innovative technology providers will demonstrate the magic behind the tech. Each technology has no more than 5 minutes to highlight what makes their solution particularly bleeding edge.

09:0010:00

Cloud Security: rethinking cybersecurity, risk and audit processes

13:45 - 14:30

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Cloud and containers are forcing organizations to rethink their cybersecurity, risk and audit processes. In this workshop we will address the main challenges that organizations are facing in their secure Cloud adoption. We will have a fireside chat with one of our cloud security partners leading the cloud security for a client migrating applications to cloud technologies. The fireside chat will be managed as a two-way interview sharing our experiences and thoughts on topics like CISO cloud security programs and the need for new cyber management processes that are driven by the Cloud philosophy. We will discuss the security challenges that organizations are facing in their Cloud adoption journey. Our topics will include hybrid cloud and multi-cloud architectures addressing the role of cloud-native security tooling for the zero-trust model implementation. We hope that this discussion will drive improved cloud security and risk management towards the enablement of secure and trusted Cloud environments.

10:0010:30

Coffee break and virtual meet-ups

15:00 - 15:30

Take advantage of our AI powered networking tool! Match-make with like-minded firms, vendors, academics, consultants and specialists. Benchmark with your colleagues, grab a coffee with a consultant or a tech vendor, visit our exhibition area or join one of our chat groups.

10:3011:30

Staying ahead of the shifting threat landscape

10:30 - 11:30

•Manoeuvring the rise of ransomware attacks
•How to manage: pay or delay
•Managing the associated reputational risk
•Keeping a pulse on phishing sophistication
•Keeping abreast of ongoing threats with your gateways team, GSOC and threat intelligence
Jörgen Mellberg

CISO, Head of IT & DPO

Sparbanken Syd

11:3012:30

Think tank: Cyber resilience, remote working and third parties

11:30 - 12:30

Network with your industry peers in an informal virtual discussion group led and moderated by practitioners. Join the dialogue of your choice with 10-15 other professionals exploring the pressing issues keeping you awake at night. A brief introduction will be made by the moderator followed by a series of questions open to the participants in a free flowing discussion allowing you to gain and share insights.