Program

Program

2020 agenda

08:5009:00

Chair's opening remarks: trends and emerging risks

08:50 - 09:00

Marcelo Cruz

former Lehman Brothers employees in 2008, former CRO and industry veteran now a founder of YACAMY ADVISORS

YACAMY ADVISORS

Marcelo Cruz is the Managing Partner of Yacamy Advisors, a boutique consulting firm. He is also the Editor-in-Chief of the Journal of Operational Risk and an adjunct professor at the New York University. Previously he was the Chief Risk Officer of Ocwen Financial and Aviva plc and global head of operational risk at Morgan Stanley and Lehman Brothers. He is always a junior partner at McKinsey & Co. He holds a PhD in Mathematics by the Imperial College in London, a M.Sc. in Financial Mathematics, an MBA and a B.Sc. in Economics.

09:0009:30

The regulatory perspective: operational and cyber resiliency

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.

09:3010:10

CRO panel: why operational risk is taking center stage as part of the wider risk strategy

09:30 - 10:15

  • Increasing regulatory expectations: FFIEC 
  • A shifting landscape: how the discipline of operational risk is evolving and what this means from a strategic perspective
  • Emerging risks and expecting the unexpected: the future of oprisk
Deborah Hrvatin

Chief risk officer

CLS Group

Deborah Hrvatin is a Managing Director and the Global Head of Institutional Clients Group (ICG) Operational Risk Management at Citigroup, reporting to the ICG Chief Risk Officer. Deborah is responsible for improving risk management, strengthening controls, and enabling profitable growth within risk appetite. Deborah joined Citigroup in July 2017 from Deutsche Bank where she most recently was Managing Director and Head of Operational Risk for the Americas and the Global Corporate Finance division. During her 21 year tenure at Deutsche Bank, Deborah held numerous other roles including Head of Operational Risk for the Corporate Banking and Securities division where she was responsible for developing and implementing the division's operational risk management, supervision and information security framework. Deborah also held leadership roles within the business, including Chief Operating Officer for Deutsche Bank's Global Securitization Group.

Prior to joining Deutsche Bank in 1999, Deborah was an Equities Controller with Bankers Trust Company and also served as a Commissioned Bank Examiner with the Federal Reserve Bank of New York. 

Deborah received her BBA and MBA in International Finance from Hofstra 
University.

Raj Manian

Chief risk officer

MUFG Trust

Michael J Abriatis

Executive vice president, 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.

 

10:1010:50

Operational and cyber resiliency: defining and solidifying strategy to ensure business continuity panel

10:10 - 10:50

  • How are organisations defining resiliency? 
  • What does a robust framework look like? 
  • Regulatory expectations: what needs to be on your radar
Tom Kartanowicz

Regional CISO

Commerzbank AG

Kathleen M Stack

US head of operational risk policy & framework

HSBC NORTH AMERICA

10:5011:40

Coffee break

10:50 - 11:40

Knowledge cafes
Join one of our topical cafe discussions to benchmark with your peers exploring key challenges and innovative solutions on the following areas: 

  • Expecting the unexpected: natural disasters and business continuity
  • Defining operational risk and the value add for your organisation 
  • Identifying and mitigating geopolitical risk in North America 

How resilient is your organisation? Interactive clinic helping you recognise your organisation’s weaknesses and strengths and identify how you can foster more robust practices to ensure business continuity. This will take place in the Innovation Zone on the exhibition floor.

11:4016:00

Stream

Data Analytics, AI and ML: streamlining, harnessing and automating operational risk

Chair's opening remarks

11:35 - 11:40

How organisations are creating a culture that supports the acquisition of quality data

11:40 - 12:10

Data analytics: automating and streamlining the management of operational risk panel

12:10 - 12:50

Data quality and operational risk from a strategic perspective: what your organization needs to consider in an increasingly digital world

12:50 - 13:20

Networking lunch

13:20 - 14:20

Lunch briefing (optional): Making sense of your data and the move towards a data driven risk department

Streamlining stress testing with data analytics: the automation conundrum

14:20 - 14:50

Using unstructured and structured data to paint a holistic picture of risk

14:50 - 15:20

Using behavioural analytics to determine fraud, AML and collusion panel

15:20 - 16:00

Jason Conn

Director, head of electronic trading operational risk management

Citi

Jayati Chaudhury

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

Barclays

Coffee break

16:00 - 16:45

Innovation Zone

  • Using data to drive smarter more accurate decisions
  • How data has helped our organisation make more accurate and streamlined decisions
  • Cyber resilience 

Stream

Third Party and Vendor Risk: understanding best practice

Chair's opening remarks: the evolving landscape of third party risk

11:35 - 11:40

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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How to make your third party risk strategy the best it can be using a forward thinking approach

11:40 - 12:10

How leading firms are modernizing their TPRM strategies to align with an increasingly digital footprint panel

12:10 - 12:50

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. 

Making third party risk as efficient and exact as KYC: tech and the vendor landscape

12:50 - 13:10

Networking lunch

13:20 - 14:20

Lunch briefing (optional): Making sense of your data and the move towards a data driven risk department

Effectively categorizing vendors to identify the level of due diligence

14:20 - 14:50

How data is paving the way for more accurate third party and vendor management

14:50 - 15:20

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. 

How firms are mitigating the risk associated with sourcing third party data panel

15:20 - 16:00

Karine Darakdjian

Third party risk expert

Karine Darakdjian


An accomplished third-party risk management professional with hands-on experience in vendor risk management frameworks. Karine graduated from law school and supported several compliance and third-party management functions in financial institutions and independently. Karine is fascinated by continued growth of third-party relationships and complexity of risks that come with it. In her free time, Karine loves spending time with her family and friends, painting and volunteering.

Coffee break

16:00 - 16:45

Innovation Zone

  • Using data to drive smarter more accurate decisions
  • How data has helped our organisation make more accurate and streamlined decisions
  • Cyber resilience 

Stream

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

Chair's opening remarks

11:35 - 11:40

How to meet changing organisational needs as the oprisk function How the face of operational risk has changed: strategies for senior executives to meet the needs and requirements of a changed operational risk function

11:40 - 12:10

Kathleen M Stack

US head of operational risk policy & framework

HSBC NORTH AMERICA

Identifying the future needs and requirements of the non-financial risk department panel

12:10 - 12:50

Aligning risk assessments: how can your firm unify this end-to-end to develop a comprehensive reporting structure?

12:50 - 13:20

Networking lunch

13:20 - 14:20

Lunch briefing (optional): Making sense of your data and the move towards a data driven risk department

Effectively demonstrating how operational risk management is adding value in your organization

14:20 - 14:50

Harmonizing GRC: how organisations can establish a unified approach across departments and functions

14:50 - 15:20

Anne-Sophie Gug

Program lead – GRC

Société Générale

Boardroom debate:  scaling operational risk

15:20 - 16:00


• How to manage operational risk in a time when many banks are cutting costs 

16:4517:15

Making mission critical decisions with real-time data

16:45 - 17:15

Fireside chat with senior representative from the aviation industry

17:1517:55

Lessons learned from high risk industries: using cutting edge tools to mitigate risk panel

17:15 - 17:55

09:0009:45

Breaking down barriers: mitigating cyber risk to ensure stable and secure financial infrastructure panel

09:00 - 09:45

Tom Kartanowicz

Regional CISO

Commerzbank AG

09:4510:15

How your organisation can ensure cyber resilience to ensure business continuity

09:45 - 10:15

10:1511:00

Quantifying cyber risk to effectively inform your decision making processes panel

10:15 - 11:00

11:0011:30

Coffee break

11:00 - 11:30

11:3012:00

Insuring for cyber risk: the expanding role of insurance in the cyber space

11:30 - 12:00

12:0012:45

Simplifying cyber risk to your board: making cyber risk relatable panel

12:00 - 12:45

12:4513:45

Lunch roundtable: mitigating cyber breaches to effectively protect your data and ensure compliance

12:45 - 13:45

13:4514:30

Effectively managing risk in the cloud: from ownership of data through to cyber security panel • Moving from a data warehouse to the cloud

13:45 - 14:30

14:3015:00

Making cyber risk reporting more transparent and accurate to comply with regulation

14:30 - 15:00

15:0015:30

Effectively protecting data when working with third parties: storage, ownership, regional compliance and privacy

15:00 - 15:30

Bala Ayyar

Managing director, chief data officer - Americas

Societe Generale

Born and brought up in Mumbai India, Bala Ayyar has worked in the field of Finance & Accounting and Banking for more than thirty years. Bala holds professional accounting qualifications from both India and the United States. He has an undergraduate degree in mathematics from the University of Mumbai.
Since joining SG in 2009, he has held a range of positions. Currently, he is the Chief Data Officer, SG Americas, with responsibility for data management and governance within the Region. This function is responsible for implementing the requirements of BCBS 239, establishing sound data governance framework that meets Group needs and local supervisory expectations and creating a solid platform for the data to be leveraged for strategic business decisions. Prior to that, he headed up the Project Management Office for the SG US Transformation project. Roles before that included Head of Finance Offshoring in SG Bangalore and Deputy CFO of the Americas Region of their Corporate & Investment Bank.
Prior to joining SG, Bala was with the Imperial Bank of Commerce (CIBC) for fourteen years in a range of positions in Toronto and New York. As Senior Vice President of the Wholesale North America Finance, he headed up the controllership function for CIBC's World Markets and Treasury & Risk Management Strategic Business Units within North America. With a total team of about 175 individuals across Toronto and New York, he was responsible for establishing a SOX-compliant industry-leading Finance control environment as well as supporting the efficient execution of business initiatives and managing the Finance related US regulatory relationships during a very demanding period. Prior to that, he also had stints as the business-line controller for the Bank's US origination businesses (Corporate Lending, Investment Banking, Merchant Banking, Structured Finance and High Yield), as well as the 2/ic to the Chief Accountant, with responsibility for consolidated financial, management and regulatory reporting at the corporate level.
Prior to CIBC, he was with the public accounting firm of KPMG for 10 years, mostly in Bahrain in the Middle East. He held a range of positions culminating in Senior Manager. Responsible for assurance and consulting engagements for offshore banks, focused on technical excellence, customer satisfaction and practice profitability. He was the Engagement Senior Manager for the region's second-largest bank and also played a key role in setting up a Treasury consulting specialization within KPMG Bahrain.
Bala Ayyar lives in Basking Ridge, New Jersey, is married with two children and enjoys long-distance running.

15:3016:00

Networking coffee break

15:30 - 16:00

16:0016:30

Case study: managing cyber risks with cutting edge tools to cut costs and identify unknown risks

16:00 - 16:30

16:3017:00

How banks are modernizing their skills and resource to meet the demanding needs of cyber security: the evolution of roles and functions

16:30 - 17:15

17:0017:45

Improving controls for data governance: horizontal implementation panel

17:15 - 18:00

Bala Ayyar

Managing director, chief data officer - Americas

Societe Generale

Born and brought up in Mumbai India, Bala Ayyar has worked in the field of Finance & Accounting and Banking for more than thirty years. Bala holds professional accounting qualifications from both India and the United States. He has an undergraduate degree in mathematics from the University of Mumbai.
Since joining SG in 2009, he has held a range of positions. Currently, he is the Chief Data Officer, SG Americas, with responsibility for data management and governance within the Region. This function is responsible for implementing the requirements of BCBS 239, establishing sound data governance framework that meets Group needs and local supervisory expectations and creating a solid platform for the data to be leveraged for strategic business decisions. Prior to that, he headed up the Project Management Office for the SG US Transformation project. Roles before that included Head of Finance Offshoring in SG Bangalore and Deputy CFO of the Americas Region of their Corporate & Investment Bank.
Prior to joining SG, Bala was with the Imperial Bank of Commerce (CIBC) for fourteen years in a range of positions in Toronto and New York. As Senior Vice President of the Wholesale North America Finance, he headed up the controllership function for CIBC's World Markets and Treasury & Risk Management Strategic Business Units within North America. With a total team of about 175 individuals across Toronto and New York, he was responsible for establishing a SOX-compliant industry-leading Finance control environment as well as supporting the efficient execution of business initiatives and managing the Finance related US regulatory relationships during a very demanding period. Prior to that, he also had stints as the business-line controller for the Bank's US origination businesses (Corporate Lending, Investment Banking, Merchant Banking, Structured Finance and High Yield), as well as the 2/ic to the Chief Accountant, with responsibility for consolidated financial, management and regulatory reporting at the corporate level.
Prior to CIBC, he was with the public accounting firm of KPMG for 10 years, mostly in Bahrain in the Middle East. He held a range of positions culminating in Senior Manager. Responsible for assurance and consulting engagements for offshore banks, focused on technical excellence, customer satisfaction and practice profitability. He was the Engagement Senior Manager for the region's second-largest bank and also played a key role in setting up a Treasury consulting specialization within KPMG Bahrain.
Bala Ayyar lives in Basking Ridge, New Jersey, is married with two children and enjoys long-distance running.

17:0017:30

09:0009:30

The AI keynote: Using cutting edge applications of AI in non-financial risk

09:00 - 09:30

09:3010:10

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

09:30 - 10:10

Gordon Liu

Head of wholesale and markets risk analytics

HSBC

10:1010:50

How leading firms are driving down costs with intelligent tools panel

10:10 - 10:50

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.

10:5011:20

Networking coffee break

10:40 - 11:20

11:2013:00

Stream

Data Analytics, AI and ML: streamlining, harnessing and automating operational risk

Case study: effectively mitigating data bias in algorithmic decision making

11:20 - 11:50

Artificial intelligence and algorithmic trading debate: innovation at its best or potential operational risk?

11:50 - 12:30

Wargame: rise of the machines! Overcoming technological disasters

12:30 - 13:10

Lunch

13:00 - 14:00

Stream

Operational Resilience: developing a robust strategy to ensure business continuity

Developing a modern taxonomy for sustainable finance

11:20 - 11:50

Embracing diversity and inclusion panel

11:50 - 12:30

Resiliency across business units and infrastructure: how are firms ensuring resiliency?

12:30 - 13:00

Lunch

13:00 - 14:00

Stream

Hall of Horrors: preparing for the unexpected and the future of emerging risks

How multi-national firms are preparing for political unrest across regions

11:20 - 11:50

Disaster scenario panel: developing a robust strategy to mitigate downtime in the event of natural disasters and warfare

11:50 - 12:30

Critical vulnerabilities in service infrastructure

12:30 - 13:00

Lunch

13:00 - 14:00

14:0014:30

Fireside chat: overcoming a data hack

14:00 - 14:30

14:3015:00

Non-Financial risk 2030: paving the way for a new horizon of operational risk panel

14:30 - 15:10

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.

15:0015:45

How multi-national organisations have managed geopolitical risk: learning from historical scenarios of political unrest panel

15:00 - 15:45

15:4516:30

Networking coffee break

10:40 - 11:20

16:3017:10

Effectively executing a robust conduct risk programme that aligns with the expectations of a large scale organisation panel

16:30 - 17:10

Rami Shy

Deputy global head of conduct risk management

Citi

17:1017:50

Closing keynote: recovering from operational risk failures

17:50 - 18:20

09:3010:00

Optimizing your oprisk framework for the changing business and regulatory environments

09:30 - 10:00

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.  

10:0010:45

Building a dynamic operational risk profile for a business: how do you do it and what does it look like? (Aggregated risk profiles)

10:00 - 10:45

Rajat Baijal

Head of Enterprise Risk

Cantor Fitzgerald

10:4511:15

Developing resilience using innovative technologies to streamline ORM

10:45 - 11:15

11:1511:45

Coffee break and topic cafes
Join a topic cafe of your choice to discuss KRIs, RCSAs and right sizing your framework

11:15 - 11:45

11:4512:15

Right sizing your operational risk framework

11:45 - 12:15

12:1512:45

Effectively establishing your key risk indicators panel

12:15 - 13:00

13:0014:00

Lunch

13:00 - 14:00

14:0015:00

Getting RCSAs right
Workshop

14:00 - 15:00

15:0015:30

Coffee break

15:00 - 15:30

15:3016:30

Rolling out a modernized taxonomy

15:30 - 16:30