| Description: | 8:15
Registration & Breakfast with Exhibitors
9:00 Chairperson Opening Remarks
Holly Miller, Partner & Founder,
Stone House Consulting, LLC
9:15 Keynote: What’s Ahead for Basel III
As all major G-20 financial centers commit to adopt the Basel II Capital Framework by December 2011 they will soon have to look further to December of 2012 when there is a deadline to implement Basel III.
Has Dodd-Frank created challenges to implementing Basel II?
Preston Thompson, Assistant Vice President,
Federal Reserve Bank of Boston
9:45 How to Deal: Managing the Increased Risks Associated with Outsourcing
While outsourcing services can greatly reduce costs and increase efficiency senior management needs to be aware of the additional operational risks associated with outsourcing to unregulated entities.
What recommendations are highlighted by The Basel Committee to address these concerns?
What contingency plans are in place?
Dealing with different countries where compliance or data management standards might not be the same as those of the outsourcing partner.
Moderator:
Denise Valentine, Senior Analyst,
Aite Group
10:30 Networking Break with Exhibitors
10:45 Stay Stress Free: Navigating Regulatory Stress Tests and Potential Operational Losses
Since the financial crisis financial institutions have gone under rigorous stress testing by regulators. The Fed is expected to continue their stress tests in the first quarter of 2011. So how can your firm stay on top of the demands of the stress tests?
Data management and the need for senior management to have a viewpoint on all risks present in their organization.
Moderator:
Steven Yadegari, Senior Vice President, General Counsel,
Cramer Rosenthal McGlynn, LLC
Panelists:
Eric Caban, Examining Officer, Operational Risk Governance Team,
Federal Reserve Bank of New York
SunGard, TBD
11:30 Wall Street Bandits: Dealing with Financial Crime and Anti Money Laundering
Regulatory Update
Discussion of the Biggest Challenges in AML Compliance
Cyber terrorism/crime
Moderator:
Michael Brodsky, Senior Manager,
Deloitte Financial Advisory Services
Panelists:
David MacNair, Director, Financial Crime Compliance,
Barclays Capital
Jason Vazquez, Director, AML Compliance & Financial Crime Prevention,
Babson Capital Management
12:15 Lunch Break with Exhibitors
1:15 Building a Strong Foundation: Constructing and Managing Your Operational Risk Team
Managing reputational risk
Speaker:
Neil Roth, VP, Oversight of Operational Permanent Control,
BNP Paribas
1:45 Hoping for the Best, Preparing for the Worst: Historical Loss Data and Scenario Analysis
What do firms need to predict a future downturn?
Advanced Measurement Approach (AMA)
Data consortiums
Valuation of assets and liabilities in performing scenario analysis and managing risk
Panelists:
Cindy Ma, Managing Director,
Houlihan Lokey
Jack Gomez,
Bank of New York Mellon
2:30 Operational Risk Appetite
How much risk is your firm willing to take on?
How is your OpRisk Appetite measured?
Panelists:
Maureen McDonough, Operational Risk Manager,
GE Asset Management
Gary D'Aquilla, VP, Operational Enterprise Risk Management,
Mass Mutual
3:15 Networking Break with Exhibitors
3:30 Adapting KRIs, Governance Frameworks, Control Frameworks to Changing Business Models
As business models change the risk consequences need to be understood at the same rate
Measuring risk assessment and prevention in daily business life
Keeping up to real time
Moderator:
Amy Richards, Principal,
Oliver Wyman Financial Services
Panelists:
Warren Pennington, Division Director, Operational Risk Management,
Delaware Investments
Mario Mosse,
Prudential
David Ridgway, Global Head of Operational Risk,
BlackRock
4:15 IT Management and the Risk that Applies
Business Managed Applications
Transformational Management
o Cloud computing and Mobile computing
Moderator:
Larry Albin, Principal, Financial Services/Technology,
Deloitte Consulting LLP
Panelists:
John Simone, Director, Operational Risk Management,
AIG
5:00 Conference Adjourns
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