Agenda Day 1
Agenda
Risk Live North America agenda
The Risk Live North America agenda showcases world-class speakers and industry leaders sharing critical insights on the trends affecting the market this year
Morning keynotes
08:00 – 09:00
Opening registration and breakfast
Concurrent - Invitation only breakfast for regional banks
Starts 8:10 AM
An opportunity for regional bank delegates to meet and greet and hold a discussion to address ways to overcome common challenges faced by regional banks.
Discussion to be facilitated by a member of the Risk.net team. Risk executives from regional banks please joins us for this special morning session, RSVP to Elle.turner@infopro-digital.com
Kris Devasabai is the editor-in-chief for Risk.net. Previously, he was bureau head, US of Risk magazine and now he manages the editorial teams in APAC, EU and US. Prior to joining Risk, he covered hedge funds, asset management, cross-border investing and law for several publications. Kris holds a bachelor’s degree in law and government from the University of Manchester, and he completed his legal training at the Inns of Court School of Law in London. He was called to the bar of England and Wales in 2003.
08:55 – 09:00
Welcome remarks
Duncan Wood is the London-based editor-in-chief of Risk.net. He was promoted to the role at the start of 2015, to lead the editorial reorganisation of the website and its print titles. Wood had been editor of Risk magazine since July 2011. He rejoined Risk as European editor in October 2009, having originally worked for Risk and Asia Risk in London and Hong Kong as a writer and researcher between 1998 and 2000.
In the intervening years, Wood was news editor for the Oliver Wyman-founded online start-up ERisk.com. He also worked freelance for six years while living in Germany, with his work featuring in Euromoney, Financial News, IFR, and The Wall Street Journal, as well as Risk magazine and its sister titles. Wood has written about derivatives and risk throughout his 17-year career in journalism. He is a Neal Awards finalist, and has won Incisive Media's journalist and editor of the year awards.
09:00 – 09:30
Regulatory keynote
As we navigate the ever-evolving landscape of finance and technology, the US Securities and Exchange Commission remains committed to fostering a fair, orderly and efficient market that protects investors while facilitating capital formation and economic growth. This keynote will explore the very latest issues and regulatory priorities for 2025.
Hester M. Peirce was appointed by President Donald J. Trump to the U.S. Securities and Exchange Commission and was sworn in on 11 January, 2018.
Prior to joining the SEC, Commissioner Peirce conducted research on the regulation of financial markets at the Mercatus Center at George Mason University. She was a senior counsel on the U.S. Senate Committee on Banking, Housing, and Urban Affairs, where she advised Ranking Member Richard Shelby and other members of the Committee on securities issues.
Commissioner Peirce served as counsel to SEC Commissioner Paul S. Atkins. She also worked as a staff attorney in the SEC’s Division of Investment Management. Commissioner Peirce was an associate at Wilmer, Cutler & Pickering (now WilmerHale) and clerked for Judge Roger Andewelt on the Court of Federal Claims.
Commissioner Peirce earned her bachelor’s degree in economics from Case Western Reserve University and her JD from Yale Law School.
Kris Devasabai is the New York-based editor-in-chief of Risk.net. Previously, he was bureau chief and US editor of Risk magazine. He manages the editorial team. Prior to joining Risk, Kris covered hedge funds, asset management, cross-border investing and law for several publications.
Kris holds a bachelor’s degree in law and government from the University of Manchester, and he completed his legal training at the Inns of Court School of Law in London. He was called to the bar of England and Wales in 2003.
09:30 – 10:15
Navigating uncertainty: CROs at the helm
Industry keynoteThis panel brings together chief risk officers (CROs) to discuss the evolving risk landscape in finance. These seasoned executives will share insights on emerging threats, regulatory challenges and innovative risk management strategies shaping the industry’s future. Join us for a candid conversation on how top risk professionals are steering their organisations through turbulent waters and preparing for tomorrow’s challenges.
John Schiavetta is a Senior Vice President and Chief Risk Officer for AB, overseeing aspects of risk management to ensure that risks being taken are well understood and appropriately managed. He joined AB in 2008 as director of risk management, with responsibilities for fixed-income risk, liquidity risk, counterparty risk and valuation. Previously, Schiavetta was at Fitch Ratings for 15 years, most recently as group managing director, responsible for managing the agency’s global structured credit ratings group. Prior to that, he was product manager at pension-consulting firm CDA Investment Technologies. Schiavetta began his career at the Dreyfus Corporation. He holds a BA in economics from Bates College and is a CFA charterholder.
Ron Cathcart
(FMR) Head of credit/head of enterprise risk supervision
Federal Reserve Bank of New York
Nick Silitch was recently senior vice president, chief risk officer of Prudential Financial, Inc. In this role, Silitch oversaw Prudential’s risk management infrastructure and risk profile across all business lines and risk types. Under his direction, his team developed models, metrics, frameworks and governance to manage risk, and works with internal corporate partners and business groups to identify, assess and prioritize risk across the company. He was chairman of the organization’s Enterprise Risk Committee that evaluates current and emerging risks relevant to the company, and is a member of Prudential’s Senior Management Council.
Silitch also worked with external stakeholder groups to forward industry interests. He was head of the International Affairs Committee for the North American Chief Risk Officers’ Council, and a member of the Advisory Council for the International Association of Credit Portfolio Managers.
Silitch joined Prudential in 2010 as chief credit officer and head of investment risk management, overseeing Prudential’s general account and other proprietary investment risks globally, as well as maintaining and approving Delegations of Authority and Investment Policy Statements.
Prior to joining Prudential, Silitch held the position of chief risk officer of the Alternative Investment Services, Broker Dealer Services and Pershing businesses within Bank of New York Mellon. He also served on the Pershing Executive Committee.
Silitch joined Bank of New York Mellon in 1983 as a credit trainee. Throughout his career at the bank, he held senior positions in client management, investor relations, risk management, loan restructuring, credit portfolio management and Basel compliance.
He received a bachelor’s degree in economics from Colby College.
Mr. Moenickheim has more than 20 years of experience assessing and managing risk for the banking, consumer finance, and payments industries. Prior to joining Evolve, Mr. Moenickheim served as CRO for Gateway First Bank. He has held similar positions with Ocwen Financial, Santander Consumer, and JPMorgan Chase. Mr. Moenickheim received a Bachelor of Science in Economics from Princeton University. He’s also an ABA Certified Enterprise Risk Professional (CERP) and a graduate of the ABA Compliance School.
Dharrini Gadiyaram is the Global Head of Enterprise Risk Products for Bloomberg, responsible for developing the business strategy across risk solutions including market risk, credit & counterparty risk, collateral management and climate risk that are used by the sell-side and buy-side. Ms Gadiyaram joined Bloomberg in 2014 and has held various roles including product management for front office risk solutions and FX/commodity derivatives across the terminal, enterprise data and risk solutions. Prior to joining Bloomberg, Ms Gadiyaram led oil refined products and exotic derivatives trading for Credit Suisse, and has held roles in commodities quantitative research and risk technology at Credit Suisse and Lehman Brothers.
10:15 – 11:00
Breached – what next?
Human error, hacks and systemic failure are challenges that have been plaguing risk professionals for years, if not decades. What happens after? A multitude of recent occurrences have shown that even the best-made plans and procedures can often fall short. What lessons can be learned from recent failures and what should professionals be mindful of?
- Emerging threats and responses: Understanding the dynamic cyber threat landscape facing the financial sector.
- Collaborative security efforts: Enhancing public-private partnerships to fortify financial infrastructures.
- Advanced security technologies: Implementing new tools and techniques in cybersecurity for financial institutions.
Matthew Ferraro
Senior counselor, cybersecurity and emerging technology, and Executive director, Artificial Intelligence Safety and Security Board
Department of Homeland Security
Matthew F. Ferraro serves as the senior counselor for cybersecurity and emerging technology to the Secretary of Homeland Security and the executive director of the artificial intelligence safety and security board. n this role, Mr. Ferraro advises the Secretary on the deployment of artificial intelligence (AI) and other advanced technologies to fulfill the Department’s mission and on AI policymaking across the Department of Homeland Security (DHS) and throughout the US government. Prior to his service at DHS, Mr. Ferraro practiced law at the intersection of national security, cybersecurity, technology, and crisis management at the international law firm of Wilmer Cutler Pickering Hale and Dorr LLP. While there, he was a principal architect of the firm’s AI practice. Before entering the legal profession, Mr. Ferraro served as a US intelligence officer, holding a variety of staff, policy, and operational positions with the Office of the Director of National Intelligence and the Central Intelligence Agency. An adjunct professor of law and senior fellow at the National Security Institute at George Mason University, he has written widely on issues related to national security, technology, and law. Educated at Yale, Cambridge, and Stanford, Mr. Ferraro lives and works in Washington, D.C.
Timothy McCabe
Deputy director for resilience, Office of Cybersecurity and Critical Infrastructure Protection
US Department of the Treasury
Tim McCabe serves as the deputy director for cybersecurity resilience for the US Department of the Treasury in the Office of Cybersecurity and Critical Infrastructure Protection (OCCIP), supporting the deputy assistant secretary (DAS), cybersecurity and critical infrastructure protection.
Tim's team oversees all-hazards incident response and recovery for OCCIP, working with stakeholders across the interagency and within the financial services sector. Additionally, the team also remains responsible for the development and execution of the Hamilton Exercise Program. The Hamilton Exercise Program executed its first exercise almost eight years ago and there have been over 50 to date. This series has been a joint effort with key partners like the Financial Services Sector Coordinating Committee (FSSCC), other departments and agencies—specifically other Financial and Banking Information Infrastructure Committee (FBIIC) agencies as well as DHS CISA, FBI, and the Secret Service.
Prior to joining OCCIP in 2016, Tim worked for almost eight years in Department of Homeland Security’s then National Cybersecurity and Communications Center’s (NCCIC) Exercise Program. Tim holds a B.B.A. in Information Technology in Business from the College of William & Mary.
Prior to joining Risk, he reported on the futures and foreign exchange industries for Dow Jones' Financial News and the Euromoney group of publications. Osborn holds a bachelor's degree in English literature from the University of Warwick.
11:00 – 11:30
Coffee and networking break
Thematic streams
11:30 – 12:00
Industry outlook: from liquidity risk to ongoing market volatility, is complexity here to stay?
- Reflecting on a roller-coaster year for the banking sector: what is the current status of the industry?
- How can banks prepare for liquidity stress?
- What do industry trends and data suggest for 2025?
- What impact might ongoing regulatory and supervisory changes have on the banking system?
Christos Ekonomidis is a senior director at BNY focused on enterprise transformation. He leads firm initiatives in market structure, risk management, and regulatory mandates. Notably, he has led recent programs such as migrating North American securities markets to T+1 (one day securities settlement) and transitioning from LIBOR to other global risk-free rates. He coordinates all global business, financial, legal, operational, system and project workstreams with a concentration on client communication, bank readiness, educating support teams, and addressing regulatory inquiries.
With over 15 years dedicated to the financial services industry, Christos specialises in driving transformation efforts across fixed income, equities, and derivatives. Before his tenure at BNY, he worked at consultancies including Sapient Global Markets and EY where he drove innovative strategies to manage risks and improve business performance.
Scott is Co-Head of Quantitative Services at Acadia where he manages complex projects and teams within quantitative finance. Scott is a risk and finance professional specializing in capital planning, stress testing, derivatives pricing, and model development at large US banks. He advises financial institutions on risk management and regulatory compliance matters, helping clients accelerate development timelines and achieve high-value institutional objectives. Scott has extensive experience meeting Dodd Frank deliverables, Uncleared Margin Rules and managing regulatory relationships with the Federal Reserve, OCC, FDIC, and others through prior roles at Citigroup and Santander US. He holds a B.A. in Mathematics and Economics with Honors from Williams College, as well as active Chartered Financial Analyst (CFA) and Certificate in Quantitative Finance (CQF) qualifications.
Emily Nachlas is the Chief Risk Officer of Western Alliance Bancorporation.
In this role, Ms. Nachlas brings nearly 25 years of experience in financial services risk management to oversee Western Alliance Bancorporation’s second line of defense risk management teams and processes. Since joining the bank in 2019, she has evolved the organization’s risk management strategy, organizational risk framework, and infrastructure commensurate with its size and complexity as it crossed the regulatory threshold beyond $50 billion in assets. She provides overall leadership, vision, and direction for enterprise risk, credit risk, financial risk, strategic risk, compliance, BSA/AML, operational risk, credit review, and model risk management.
Before joining Western Alliance Bank, Ms. Nachlas specialized in developing risk management programs as Executive Vice President and Director of Enterprise Risk Management at IBERIABANK in New Orleans and previous risk management positions at HSBC, Amegy Bank and Hibernia National Bank. She holds a Bachelor of Science degree in Management from the A.B. Freeman School of Business at Tulane University and a Master of Business Administration degree from the University of New Orleans.
Within the banking industry’s risk management discipline, Ms. Nachlas serves on several boards and councils, including the National Mid-Tier CRO Council of the Risk Management Association, as well as the local Phoenix RMA chapter. She is a frequent speaker and presenter at industry conferences. In 2022, she was named among Arizona’s Most Influential Women in Business. As a committed ally, she is the Executive Sponsor of PRIDE@Work, the BRG for Western Alliance Bank’s LGBTQIA people and allies.
Ms. Nachlas lives in Phoenix with her husband and two children. As a volunteer with Arizona Small Dog Rescue, she has fostered more than 50 small dogs since 2016, ensuring they have safe forever homes.
Aimee Hamilton, Chief Risk Officer, is responsible for FirstBank’s enterprise risk management activities and oversees consumer compliance, anti-money laundering regulations, physical security, information security, loan review and risk management.
Aimee has more than 30 years of experience in financial risk management with organizations ranging from $800 million to more than $50 billion in asset size. She most recently served as Chief Risk Officer at Cadence Bank, based in Houston, Texas.
Aimee is a graduate of Louisiana State University with a Bachelor of Science in Accounting. Additionally, she is a Certified Public Accountant (licensed in Louisiana), Certified Internal Auditor and Certified Regulatory Compliance Manager.
12:00 – 12:30
Managing trading risk in an evolving market
- What trends have emerged in 2023 and 2024?
- What have we learned from recent developments?
- Expectations and areas of opportunity for 2025.
- Where will we be at the end of Q1 2025?
Mr. Shafi is a seasoned risk executive working in financial service industry with primary focus in counterparty credit risk, trading & market risk, enterprise risk and asset liability management (ALM). Currently serving as Head Counterparty risk management at US Bank – 5th largest commercial bank in the united states. Notable assignment was helping and providing leadership to the broader team in making significant improvement in risk management and governance/policy framework at Citi’s global credit markets trading business during and post financial crisis. Improvement entailed enhancing risk management and control / compliance framework, strengthening risk infrastructure/risk policies, developing risk appetite based dynamic risk and stress limit structure, establishing various performance and management indicators. Other accomplishments were building various stylized and historic stress test scenarios using low to high probability risk-off events that resulted in risk mitigation, hedging, risk/return and capital optimization.
Mr Shafi holds bachelor degree in economics and mathematics from University of Oklahoma/C Oklahoma and MBA in finance from Carnegie Mellon University.
Valerie cumulates 20 years of expertise in software industry and capital markets. She started as an Interest Rate Derivatives consultant working with numerous European and American banks and hedge funds at Murex. In 2007, she initiated the emerging market practice in New York leading large implementations in Latin America as head of the Emerging market team.
She specialized in market risk, 8 years ago, focusing on pre-sales and implementations of enterprise solutions, contributing as well to the evolution of the Murex product. She is currently focusing on regulatory aspects of Market Risk and is part of Murex FRTB design authority.
Valerie holds a Master's degree in mathematics of finance from the Dauphine University in Paris.
12:30 – 13:00
Credit risk and relief: what we can expect in 2025
With de-risking a top priority, banks are on the lookout for opportunities to reduce risk and regulatory capital requirements. SRT activity has hit record levels since regulators clarified their expectations for recurrent deals. How will the market evolve from here?
Stuart Neilson is a data scientist with 20 years of experience, and expertise on a wide variety of predictive modeling techniques and data management processes, with a particular focus on credit risk.
Emily Nachlas is the Chief Risk Officer of Western Alliance Bancorporation.
In this role, Ms. Nachlas brings nearly 25 years of experience in financial services risk management to oversee Western Alliance Bancorporation’s second line of defense risk management teams and processes. Since joining the bank in 2019, she has evolved the organization’s risk management strategy, organizational risk framework, and infrastructure commensurate with its size and complexity as it crossed the regulatory threshold beyond $50 billion in assets. She provides overall leadership, vision, and direction for enterprise risk, credit risk, financial risk, strategic risk, compliance, BSA/AML, operational risk, credit review, and model risk management.
Before joining Western Alliance Bank, Ms. Nachlas specialized in developing risk management programs as Executive Vice President and Director of Enterprise Risk Management at IBERIABANK in New Orleans and previous risk management positions at HSBC, Amegy Bank and Hibernia National Bank. She holds a Bachelor of Science degree in Management from the A.B. Freeman School of Business at Tulane University and a Master of Business Administration degree from the University of New Orleans.
Within the banking industry’s risk management discipline, Ms. Nachlas serves on several boards and councils, including the National Mid-Tier CRO Council of the Risk Management Association, as well as the local Phoenix RMA chapter. She is a frequent speaker and presenter at industry conferences. In 2022, she was named among Arizona’s Most Influential Women in Business. As a committed ally, she is the Executive Sponsor of PRIDE@Work, the BRG for Western Alliance Bank’s LGBTQIA people and allies.
Ms. Nachlas lives in Phoenix with her husband and two children. As a volunteer with Arizona Small Dog Rescue, she has fostered more than 50 small dogs since 2016, ensuring they have safe forever homes.
Alex Olson is Executive Vice President, responsible for leading business development and setting the strategy for the industries Kingland serves. Mr. Olson has delivered countless complex solutions to clients, leading cross-functional teams of business analysts, data scientists, project managers, and software engineers. Since starting with Kingland in 1998, Alex has been a leading voice in the industries we serve concerning how to use data as an asset to meet business growth, risk management, and regulatory compliance requirements. He holds a Bachelor of Science degree from Iowa State University with specializations in electronic business, economics, and finance and he has earned the Project Management Professional (PMP), Certified Scrum Product Owner (CSPO), Certified Scrum Master (CSM), and other industry certifications.
As a Chief Risk Officer, macro strategist, and innovative portfolio leader, he brings a record of success and expertise in building and leading cutting-edge capabilities, products, and strategies for financial organizations operating at the highest levels of global business. John excels at translating complex financial concepts for a broad audience, building innovative, first-of-kind products, and servs as an influential thought leader, speaker, and firm representative across the industry. Combining a hands-on approach to platform development with a deep understanding of a range of strategies (Stat Arb Equity Long/Short, Macro, CTA, Distressed Credit, Event-Driven) - he brings a creative mindset that enables me to harness emerging technologies in a way that has consistently elevated the firms I represent to the forefront of highly competitive markets.
13:00 – 14:00
Lunch and networking
_____________________________________________________________________________________
Concurrent - Bloomberg Luncheon (Special Invitation Only)
1:10 PM - 1:50 PM (Sponsored by Bloomberg)
11:30 – 12:15
Global macro portfolio risk outlook and strategic decision-making
Strategic decision-making and emerging risks: what does continued volatility suggest?
Will current growth trends continue?
Heightened geopolitical risks are front of mind: what are the consequences and what over-the-horizon risks remain?
With the evolution in tech and artificial intelligence, what cyber security and other risks are front of mind?
Jean Carlos is an accomplished economist and seasoned banker with over 20 years of global investment banking experience. Currently serving as the Executive Director and US Head of Risk Appetite & Limits and Valuation at Santander Corporate Investment Banking, He leads a team responsible for governance, admission, and risk control of capital markets activity in the US.
Jean Carlos possesses a wealth of expertise in technical, fundamental, markets, and risk knowledge, including ESG and impact investment approaches. Throughout his career, Jean Carlos has been instrumental in constructing robust capabilities and risk frameworks, geared towards facilitating multi-assets class activities within capital markets, with a focus on Latin America and the US.
Jean Carlos earned a Master in Business Administration from MIT, with Business Analytics and Sustainability certifications. He also holds a Bachelor in Economics and a Master in Banking and Financial Markets. Beyond finance, he has contributed to sustainability projects with positive social, environmental, and financial impact.
Hamid serves as Vice President of Risk Analytics, Risk Management at OMERS. He has over 13 years of experience in the Pension Industry with a primary focus on Risk Management. He's earned a Bachelor of Science in Mathematics from the University of Toronto.
As Senior Director, Industry Practice Lead - Asset Management at Moody’s Analytics, Ms. Sierra leads the firm’s c-suite client conversations. Ms. Sierra builds upon existing client relationships to expand Moody’s Analytics brand and sales efforts within Financial Services. Prior to Moody’s Analytics, Ms. Sierra was Senior Vice President and Senior Business Development Officer for Amundi US where she led the firm's business development efforts with US-based Independent Broker/Dealers operating nationally and regionally. Ms. Sierra was Executive Vice President and Director of Strategic Alliances for Sentinel Investments. With global responsibility for Sentinel Investments' relationship management and investment strategy teams. She also led the organization’s advisor training/development through Sentinel Investment's University. During her tenure at AIG Advisor Group she was responsible for the firm’s entire fee-based advisory business, with over $40 billion in assets under management across five broker dealers. She was also Director of Marketing for all five of the AIG Advisor Group broker/dealers.
As a Chief Risk Officer, macro strategist, and innovative portfolio leader, he brings a record of success and expertise in building and leading cutting-edge capabilities, products, and strategies for financial organizations operating at the highest levels of global business. John excels at translating complex financial concepts for a broad audience, building innovative, first-of-kind products, and servs as an influential thought leader, speaker, and firm representative across the industry. Combining a hands-on approach to platform development with a deep understanding of a range of strategies (Stat Arb Equity Long/Short, Macro, CTA, Distressed Credit, Event-Driven) - he brings a creative mindset that enables me to harness emerging technologies in a way that has consistently elevated the firms I represent to the forefront of highly competitive markets.
Will Baker is an MSCI researcher primarily focusing on macro-finance modeling and long horizon risk. Will is also interested in using AI to improve risk management processes. He holds a doctorate in mathematics from the University of California at Los Angeles.
12:15 – 13:00
Interest rate risks and portfolio uncertainty: can we hedge for success?
Will rate cuts continue and meet market expectations?
Can past results be used to adequately predict future performance?
Managing uncertainty is now part of the daily grind: what have we learned since 2023?
The evolution of portfolio analytics: have we effectively leveraged tech or do we need a new approach?
Jeffrey joined Antara Capital in October 2022 and serves as Chief Risk Officer (CRO). Prior to Antara, Jeffrey spent 4 years as Chief Risk Officer of TPRV Capital, a multi-asset class relative value strategy, where he oversaw all aspects of risk management. Prior TPRV, Jeffrey spent 10 years at Fortress Investment Group, finishing as the Director of Risk. At Fortress, Jeffrey was responsible for market risk management of all liquid markets hedge fund strategies.
Yakov Shenkman, CFA, FRM, CAIA, Director, is the head of the Risk & Quantitative Analysis (RQA) team for Fundamental Equity, Americas. The RQA team provides independent risk oversight on behalf of BlackRock and its clients, as well as partners with portfolio managers in their portfolio construction process to ensure the risks managed by BlackRock are appropriately deliberate, diversified and scaled. Prior to joining BlackRock in 2013, Yakov was a senior risk manager in Global Portfolio Strategies (GPS) team at Bank of America where he was responsible for constructing, optimizing and hedging bank’s commercial credit loan portfolio. Yakov started his career in 2006 at Morgan Stanley where he was an equity risk manager at Morgan Stanley Investment Management transitioning later on to a sell-side risk manager role covering Structured Credit Products trading desk. Yakov holds a Masters degree in Operations Research-Financial Engineering from Columbia University and an undergraduate degree in Economics from the Wharton School at the University of Pennsylvania. Yakov is a CFA, FRM and CAIA charters holder and is a member of CFA Institute and Global Association of Risk Professionals (GARP).
Filippo Curti
Financial economist, supervision, regulation and credit
Federal Reserve Bank of Richmond
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.
Kirat Singh has had a long career as one of Wall Street’s premier technologists. Prior to co-founding Beacon, Kirat spent four years launching and delivering the Quartz project at Bank of America Merrill Lynch, which is now used by more than 5,000 developers across the bank. Before that, he launched and delivered the Athena project at JPMorgan with Beacon co-founder Dr. Mark Higgins, and spent eight years at Goldman Sachs building the SecDB platform used across the firm.
13:00 – 14:00
Lunch and networking
_____________________________________________________________________________________
Concurrent - Bloomberg Luncheon (Special Invitation Only)
1:10 PM - 1:50 PM (Sponsored by Bloomberg)
11:30 – 12:15
Cyber security front lines: ransomware defence strategies for US markets
Crafting incident response frameworks suitable for US financial institutions.
Strengthening third-party vendor risk management in the US context.
Insights into US regulatory guidelines on cyber security and resilience.
Christy Riccardi is the Head of Cyber Risk Management for Capital One. Christy leads the identification, prioritization, and mitigation of cyber risk through the management of metrics, data analytics, risk assessments and evaluations, and cyber capability analysis. In a prior role at Capital One, Christy led risk and remediation management functions in support of Capital One’s Lines of Business, ensuring cyber risks and vulnerabilities are managed, remediated, and dispositioned appropriately. Prior to Capital One, she served as the Cybersecurity and Infrastructure Security Agency (CISA) Region IX Director. As Regional Director, Christy led regionally-based security experts and analysts to provide advice to industry and government on cybersecurity, information sharing and protection, data tools and technology, and infrastructure resilience. There, Christy led cybersecurity and physical security outreach and operations in support of U.S. election infrastructure. Christy’s previous roles include Deputy Chief of Staff for the Department of Homeland Security Office of Infrastructure Protection; Senior Systems Engineer and Software Engineer.
Christy earned a Master of Art in Security Studies from the Naval Postgraduate School for Homeland Defense and Security Studies. Christy also holds a Bachelor and Master of Science in Computer Science.
Jeffrey Gerlach
Vice-president, Supervision, Regulation and Credit Department
Federal Reserve Bank of Richmond
Jeffrey R. Gerlach is Vice President in the Supervision, Regulation, and Credit (SRC) Department of the Federal Reserve Bank of Richmond and leads SRC’s Quantitative Supervision & Research (QSR) unit. Prior to joining the Richmond Fed as a Senior Financial Economist in 2011, Jeff was a professor at the SKK Graduate School of Business in Seoul, South Korea, the College of William & Mary, and an International Faculty Fellow at MIT. He worked as a Foreign Service Officer for the U.S. Department of State before earning a Ph.D. at Indiana University in 2001
Satish Laxminarayanan
Managing director, cyber, technology, operational resilience and payments risk
BNP Paribas
12:15 – 13:00
Third-party risk management: lessons from Boeing to cloud concentration
Managing concentration risks with major cloud providers.
Adapting to recent interagency guidance on third-party risk management.
Best practices for third-party oversight in the US financial sector.
Justin McCarthy has worked in risk, complinace and leadership roles in many firms, including Bank of America Merrill Lynch, PwC, Ulster Bank (RBS/NatWest) and with the Irish financial regulator at the Central Bank of Ireland. This work has allowed him to see the changes in risk management and compliance since through and beyond the recent global financial crisis. His work on the PRISM risk-based supervision framework with the Irish regulator included exposure to banking, funds and insurance risk practices as well as the quantitative work done on the related impact models and the challenge in feeding valid financial data to these models.
McCarthy is chief executive officer of the Professional Risk Managers' International Association (PRMIA). This is a global risk management professional body and education organization for risk managers based in the United States with a network of over 45,000 in over 60 chapters around the world. Previous to this, he spent several years as a senior volunteer for PRMIA, serving on many committees and ultimately chairing the global board.
He has a BSc in computer science from University College Cork and an MBA from the Michael Smurfit Graduate School of Business at University College Dublin. He has a corporate director certificate from Harvard Business School.
Peter Pernebo is the Global Head of Supplier Risk Solutions, S&P Global Market Intelligence, where he is leading the commercial, strategy and client delivery of supplier due diligence solutions. Our solutions are developed in close cooperation with large industry leading organizations to provide efficiencies and standardization to the supplier due diligence process.
At S&P Global, Peter most recently was the Global lead of KY3P (Know Your Third Party) solutions with responsibilities of developing, implement and deliver advanced third-party risk management solutions for leading client organizations. Peter is also a frequent speaker and panelist on various conferences and seminars.
Before joining IHS Markit, he spent eight years leading various engagements within Goldman Sachs third party risk management office, establishing vendor management policies, procedures and infrastructure to support the firm’s program.
Prior, he was recruited to lead the northeast region for Totality, a silicon valley technology upstart providing operational support for major ecommerce clients. His responsibilities included sales, client service delivery and consulting. As part of the executive leadership team, Peter was responsible for product and growth strategies. Totality was acquired by Verizon Business where he led the integration of Totality services.
Before joining Totality, he was a Senior Director at Accenture, leading global supply chain projects for clients in the US, Canada, Japan, UK, Sweden and many other locations.
He holds a BSc in Business Strategy from Lund University as well as minors in History and Sociology. Mr. Pernebo is ITIL certified.
Madiha Fatima is an executive director - operational and outsourcing risk management at JP Morgan, where she leads the second line of defence function for operational and outsourcing risk overseeing third-party risk management, sourcing, procurement and inter-affiliate management. Previously, Madiha was the head of the third-party risk management department at Angelo Gordon, where she was responsible for developing a third-party risk management framework while enabling businesses to achieve their strategic objectives by utilising vendors. Before joining Angelo Gordon, Madiha Fatima was the head of third-party risk governance & oversight at DTCC. Madiha is a certified third-party risk professional (CTPRP). Madiha earned a Bachelor of Science in financial and capital markets from Rutgers Business School.
Jeannie Pumphrey
Director, and head of third-party and operational risk management
Mitsubishi UFJ Financial Group
13:00 – 14:00
Lunch and networking
_____________________________________________________________________________________
Concurrent - Bloomberg Luncheon (Special Invitation Only)
1:10 PM - 1:50 PM (Sponsored by Bloomberg)
11:30 – 12:00
Leveraging digital transformation and optimising IT
- Going beyond the buzzwords: what technology has successfully been proven as a force multiplier?
- How to easily deploy new calculations, models and dashboards.
- Are you looking to empower your business users while reducing the workload on IT resources?
- Do you want to lower costs by consolidating and rationalising your IT ecosystem?
- How to support the transition to the cloud, bringing greater agility to your business.
Roger Coroas is currently the Head of Solutions Engineering Presales North America at ActiveViam. Prior to this, Roger held the position of Executive Director, Head of Strategic Initiatives, Financial Risk Analytics, Credit & Risk Solutions at S&P Global and Executive Director, Head of Strategic Initiatives, Financial Risk Analytics at IHS Markit. Roger has experience in leading multidisciplinary teams and implementing solutions in the financial risk analytics sector. With a background in applied and computational mathematics, Roger has a strong foundation in developing numerical methods for complex financial instruments.
Sanjay Nayar
Fmr SVP, head of insider threat data, analytics and risk modelling, Wells Fargo
Wells Fargo
Before joining Capital One, Sanjay was a founding member of an award-winning insider threat programme at a large federal intelligence organisation. besides leading the development of the enterprise data stack there, he spearheaded the implementation of innovative identity management system and led his teams in the application of AI/ML algorithms for anomalous behaviour detection. Sanjay is passionate about fostering high-performing, multi-disciplinary ethical teams and driving positive cultural transformation.
Viral Sanghvi
Director, application production support for global banking, ALMT and functions, Americas
BNP Paribas CIB
Viral started his career at Tata Consultancy Services, providing core banking solutions to various foreign banks.
He then joined BNP Paribas in India in 2008 to set up a proof-of-concept offshore application production support (APS) team. He had several short- and medium-term assignments between 2008 and 2014 in Paris and the US, after which he moved to Montreal in 2014 to set up the nearshore APS team for client management IT. Viral then moved to the US in 2016 to set up the APS team for the newly formed Intermediate Holding Company for BNP Paribas USA.
In 2022, he was appointed as the head of APS for global banking, ALMT & functions Americas. This team is key as it provides the full suite of production support services for two vital business lines (US dollar clearing and ALM treasury) for the region, including clearing US dollars for the entire bank globally.
Outside his day job, Viral is the co-chair of the Asian Employee Resource Group (ERG) at BNP Paribas, and is a member of the Americas IT Operations Council. He also mentors students from non-privileged backgrounds at the City University of New York. He enjoys hiking, motor sports, reading, and is now learning to play golf.
12:00 – 12:30
Mistakes and lessons: what one year of AI has shown us
Rapid deployment means rapid risk. What have we learned?
What can other industry deployments teach us?
Are you prepared for the challenges along the way?
Max is responsible for defining the next generation of multi-asset investment processes for Franklin Templeton Investment Solutions. Previously, he was president and chief investment officer of the start-up asset manager AlphaTrAI, where he harnessed artificial intelligence to build alternative strategies for traditional and digital assets. Before that, he was head of asset allocation at the asset management arm of Pacific Life Insurance for seven years. Prior to Pacific Life, Max was a portfolio manager with Mellon Capital’s multi-asset group and a founding member of Coefficient Global, a quantitative macro hedge fund. Outside of work he’s an amateur racecar driver.
Satish Laxminarayanan
Managing director, cyber, technology, operational resilience and payments risk
BNP Paribas
Che Guan is currently a Principal Data Scientist of Data Science at AB. He is actively engaged in research and development on natural language processing. Before joining AB in 2021, Guan worked in multiple different positions, including Principal Data Scientist at Raymond James, Quantitative Strategist at a start-up fund, and Data Scientist at J.P. Morgan. Throughout his career, he has gained extensive experience in applying machine learning, optimization techniques and statistics to various projects in the financial industry. Guan holds an MS in Data Science from University of California, Berkeley, as well as an MS in Statistics and a PhD in Electrical Engineering from the University of Connecticut, where he focused on forecasting applications.
12:30 – 13:00
AI usability: what features are key?
How organisations are leveraging artificial intelligence (AI).
Is there a trend to use?
Must have versus nice to have: what do you and your business need to succeed?
Dr. Beju Rao, PhD, is a distinguished figure in the field of Artificial Intelligence (AI). As the Founder, President, and CEO of Amruta Inc, he has been instrumental in designing and implementing Explainable AI (XAI) software and services. These solutions have been pivotal in enhancing revenue, profitability, safety, compliance, and reputation across various corporations, agencies, and organizations worldwide. Dr. Rao’s XAI-based solutions address the opacity and complexity of AI, yielding a remarkable 25-fold return on investment. His career, spanning over 36 years, is marked by a consultative approach that involves situation assessment, precise needs identification, organizational readiness preparation, and information-based strategies. This approach has empowered numerous enterprises to reap innovative and significant business benefits.
Before establishing Amruta Inc in June 2014, Dr. Rao held the position of Founding-Principal and Chief Scientist at Axtria, Inc. He also served in various risk management roles at Capital One, including as the Omnibus Model Risk Officer during the Great Recession. In addition to his corporate achievements, Dr. Rao has made significant contributions to academia as an Adjunct Professor at several universities. His research and innovation have been recognized with three patents and over 100 external and internal publications. Dr. Rao is a sought-after speaker and producer on topics such as innovating with AI without its risks, outsmarting AI, AI guardrails, and AI-based economic and digital transformations. He also serves on the advisory board of FinRegLab, among other community and volunteer activities. Dr. Rao holds a PhD in Industrial Engineering and Operations Research from Texas A&M University. His work continues to influence the field of AI, shaping its future while mitigating its risk.
Arthur is senior fellow and advisory board member for AI 2030. He is the former Head of Markets Regulatory and Front Office Risk Technology, BNY Mellon.
Mr. David Lin is the Founder and CEO of Linvest21.AI, a FinTech firm specialized in autonomous Investment Platform – AlphaCopilotTM, based of Vertical AI.
Prior to founding Linvest21, Mr. Lin was a Managing Director of JPMorgan Asset Management (AM) since 2001, and the Chief Technology Officer of its global Investment Platform. In addition to his AM-wide responsibilities, David was the head of Technology for Global Equities, Multi-Asset Solutions and Global Beta. Before that, Mr. Lin served as the Chief Technology Officer for Global Quantitative Research and Global Research Technology for Asset and Wealth Management. Prior to joining JPMorgan, David was the head of Software Development at CNBC.com.
Over the years, Mr. Lin led the teams won a significant number (24) of Industry Awards and Recognitions in the field of Financial Technology. He is also the author of 3 provisional patents in the field of Applied AI.
Mr. Lin holds a Bachelor degree in Computer Science from University of Toronto, and a MBA from Columbia University.
13:00 – 14:00
Lunch and networking
_____________________________________________________________________________________
Concurrent - Bloomberg Luncheon (Special Invitation Only)
1:10 PM - 1:50 PM (Sponsored by Bloomberg)
11:30 – 12:15
Tackling fraud risk in the wake of the Corporate Transparency Act
- Overview of the Corporate Transparency Act and its implications for fraud risk management.
- How to use CTA data for the good of the institution: AML, sanctions, fraud.
- Innovations in detecting and preventing fraud considering new regulatory requirements.
- Holistic look at compliance risk
Himamauli (Him) Das
Former acting director
Dept of the Treasury/Financial Crimes Enforcement Network
George Stein
Director, compliance and operational risk manager, surveillance strategy F&O
Bank of America
George Stein is director of global compliance and operational risk for Bank of America on the second line, global markets team. George has a background in F&O trading and market-making, the Chicago futures and options exchanges, and market abuse and surveillance work for several global Banks.
Sarah Beth Felix has over 20 years of experience in anti-financial crimes with operational, audit and consulting roles, working with banks, payment firms, and global fintechs. Operationalising AML/sanctions threats is one of her most well-known attributes, providing actionable solutions for clients. Beyond traditional banking, she has specialised years of work in fintechs, lendtechs, cannabis banking, crypto, correspondent banking, and trade finance.
Sarah Beth has a master’s in forensic studies and has been CAMS certified for almost 20 years and has served as a Certification Task Force Member for the CAMS-CGSS, CAMS-RM, CAMS-CKYC designations. She has global speaking engagements, focusing on operational takeaways that move the audience to ‘take action’ in improving their AML/sanctions programs. She is also a guest lecturer at the National War College in Washington, D.C. and is frequently asked to train various US federal law enforcement agencies on private sector data availability that impacts subpoenas and unregulated payment ecosystems.
She is founder & CEO of Palmera Consulting, advising global firms since 2011. She is also co-founder and chief AML officer for a new digital correspondent bank – Acceleron Bank, in formation – based in Vermont, USA.
Filippo Curti
Financial economist, supervision, regulation and credit
Federal Reserve Bank of Richmond
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.
Sunil has been operating in the risk and compliance market for over 30 years as a serial entrepreneur. Sunil has been responsible for companies and products outsourced to financial and public sectors, including a recent venture, Socure, a $5Billion KYC compliance and fraud prevention business.
12:15 – 13:00
Combatting deepfakes and AI-driven fraud
Understanding the threat landscape of deepfakes and artificial intelligence (AI)-driven fraud.
Strategies for detecting and responding to AI-driven fraud attempts.
Developing a proactive defence against emerging cyber security threats.
Sarah Beth Felix has over 20 years of experience in anti-financial crimes with operational, audit and consulting roles, working with banks, payment firms, and global fintechs. Operationalising AML/sanctions threats is one of her most well-known attributes, providing actionable solutions for clients. Beyond traditional banking, she has specialised years of work in fintechs, lendtechs, cannabis banking, crypto, correspondent banking, and trade finance.
Sarah Beth has a master’s in forensic studies and has been CAMS certified for almost 20 years and has served as a Certification Task Force Member for the CAMS-CGSS, CAMS-RM, CAMS-CKYC designations. She has global speaking engagements, focusing on operational takeaways that move the audience to ‘take action’ in improving their AML/sanctions programs. She is also a guest lecturer at the National War College in Washington, D.C. and is frequently asked to train various US federal law enforcement agencies on private sector data availability that impacts subpoenas and unregulated payment ecosystems.
She is founder & CEO of Palmera Consulting, advising global firms since 2011. She is also co-founder and chief AML officer for a new digital correspondent bank – Acceleron Bank, in formation – based in Vermont, USA.
Matthew Ferraro
Senior counselor, cybersecurity and emerging technology, and Executive director, Artificial Intelligence Safety and Security Board
Department of Homeland Security
Matthew F. Ferraro serves as the senior counselor for cybersecurity and emerging technology to the Secretary of Homeland Security and the executive director of the artificial intelligence safety and security board. n this role, Mr. Ferraro advises the Secretary on the deployment of artificial intelligence (AI) and other advanced technologies to fulfill the Department’s mission and on AI policymaking across the Department of Homeland Security (DHS) and throughout the US government. Prior to his service at DHS, Mr. Ferraro practiced law at the intersection of national security, cybersecurity, technology, and crisis management at the international law firm of Wilmer Cutler Pickering Hale and Dorr LLP. While there, he was a principal architect of the firm’s AI practice. Before entering the legal profession, Mr. Ferraro served as a US intelligence officer, holding a variety of staff, policy, and operational positions with the Office of the Director of National Intelligence and the Central Intelligence Agency. An adjunct professor of law and senior fellow at the National Security Institute at George Mason University, he has written widely on issues related to national security, technology, and law. Educated at Yale, Cambridge, and Stanford, Mr. Ferraro lives and works in Washington, D.C.
Bryan Smith currently serves as FINRA’s senior vice president for complex investigations and intelligence (CII) as part of the National Cause and Financial Crimes Detection (NCFC) programme. In this role, he oversees the cyber and analytics group which houses FINRA’s cyber-enabled fraud, cyber security group, and the crypto asset investigation teams as well as the illicit finance & fraud group composed of the anti-money laundering teams (AML), the anti-fraud investigative team (AFI); the high risk representative group (HRR); the vulnerable adults and seniors investigation team (VAST) as well as being responsible for US law enforcement engagement.
Prior to joining FINRA, Bryan spent more than 21 years with the FBI as a special agent and most recently was the section chief for the FBI’s cyber criminal operations, responsible for all of the FBI’s investigations and operations against cyber criminal actors and threats. Previous FBI leadership assignments included leading the cyber/white collar branch of the Cleveland office, the FBI’s national money laundering/bank fraud programme, and serving as the FBI detailee to the US Securities and Exchange Commission where he assisted both agencies in insider trading, market manipulation, and investment fraud matters. His experience crosses over financial crimes, cyber, and virtual currency and in 2013 he initiated the FBI's first unit focused on cryptocurrency. A proponent of public private partnerships he initiated several private sector outreach efforts to better leverage the complementary knowledge of both. Prior to the FBI, he was a consultant for Accenture and Deloitte and graduated from Bradley University with a degree in Accounting.
Adam Ennamli is the current chief risk officer at General Bank of Canada, overseeing the evolution and management of all enterprise-wide risks. He leverages over 15 years of risk management, compliance and operations leadership experience at major financial and technology institutions globally, including Thomson Reuters, Canada Mortgage and Housing Corporation, Morgan Stanley and National Bank of Canada.
In his prior roles, Adam spearheaded the development of risk management, governance and compliance programmes driving strategic decision-making and prudent growth. He holds an MBA from HEC Montreal as well as multiple ESG certifications, complementing his expertise across ERM, cyber security, operational resilience and technology. Adam is recognised for enabling companies to build durable competitive advantages through world-class capabilities.
George Stein
Director, compliance and operational risk manager, surveillance strategy F&O
Bank of America
George Stein is director of global compliance and operational risk for Bank of America on the second line, global markets team. George has a background in F&O trading and market-making, the Chicago futures and options exchanges, and market abuse and surveillance work for several global Banks.
13:00 – 14:00
Lunch and networking
_____________________________________________________________________________________
Concurrent - Bloomberg Luncheon (Special Invitation Only)
1:10 PM - 1:50 PM (Sponsored by Bloomberg)
Deep dive and extended thematics
14:00 – 14:30
Stream
Deep Dive Stream
Deep-dive breakouts
30-minute interactive discussions led by industry experts:
- Best practices in retaining top talent amid myriad enterprise risk management challenges. Deep-dive leader: Varun Agarwal.
- Interest rate and portfolio risk, and the outlook for 2025. Deep-dive leader: Mathieu Tancrez.
- Artificial intelligence and finance risk - Focus, priorities and capabilities: Chris Beck
- Climate risk and scenario risk planning. Deep-dive leader: Tanner Wickham.
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
Stream
Extended thematic stream
Cloud tech, use, capabilities and effective deployment: what does meaningful use look like in 2024?
The strengths, capabilities and limitations: what does effective use of the cloud look like?
What are the most common and costly risks across the cloud infrastructure?
The latest innovations and capabilities of AI integration?
Are there any new challenges in adapting to changing technology?
What are the latest applications of AI for risk management?
Diksha Gulati is a cloud architect at Google in Atlanta, with previous roles at AWS and Accenture. Specialising in cloud architecture and digital transformation, she excels in optimising cloud infrastructures to drive business growth. Diksha's expertise spans strategic consulting, implementation, and innovation, recognised for her proactive approach and deep industry knowledge in guiding enterprises through complex cloud journeys.
Kirshna is a product manager at JPMorgan Chase, specialising in the expansion of public cloud platforms. With over six years of experience in software development, business analysis, and product management. Krishna brings extensive expertise from industries such as banking, finance, and oil & gas.
In her current role, Krishna collaborates with diverse teams to strategise, develop roadmaps, and define product vision, ensuring successful delivery of Azure Cloud Platform in chase to reduce the concentration risk. Krishna's proficiency in FinOps and SAFe Agile methodologies enhances the financial performance and operational efficiency of IT systems and services.
Stream
Model risk thematic
Model risk executives' fireside chat
With model risk management taking centre stage, what must risk practitioners do to harness modelling to its full potential?
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.
Experiential thematics
14:30 – 16:00
Stream
Masterclass
Risk impacts business: a case study of the Boeing 737 Max 8 airliner tragedy
Room (Main C)
This experiential presentation delves into the strategic business decisions that propagate risk in spite of traditional risk controls. The presentation will explore the lessons learned, the impact strategic decision-making has on risk management, and the warning signs, cultural norms and necessary frameworks that must be in place to avert disaster.
Jon Hill, Ph. D., is a Subject Matter Expert in Model Risk Management and is an independent consultant to financial institutions.
Dr. Hill currently holds an appointment as adjunct Professor at New York University where he teaches a graduate course in Model Risk Management and Governance in the Tandon Department of Finance and Risk Engineering.
Jon has over twenty years of experience in various areas of quantitative finance. He has served as the head of model validation and model risk governance teams at several leading global investment banks.
In 2010, Jon recruited, trained and led a large model validation team responsible all firm wide market and operational Risk models at Morgan Stanley for seven years. Prior to Morgan Stanley, Jon was a member of a quantitative finance applications team at Solomon Smith-Barney (which later became Citigroup) for over ten years during which time he had the opportunity to perform comprehensive validations on a variety of different model classes.
Dr. Hill Holds a Ph.D. in biophysics and is a published author in the field of model risk management. Jon is a frequent speaker and chairperson at risk conferences in both the US and Europe.
Stream
White Paper - Discussion
FRTB III practical exercise roundtable
Room (Main E)
Roundtable format: three-part discussion forum (invitation-only, 10-12 attendees) addressing a major industry issue
Part 1 – Subject matter experts (SMEs) propose, identify and establish the scope of the issue for participants
Part 2 – Participants break out to discuss issue specifics and potential courses of action/solutions
Part 3 – SMEs and participants reconvene for a discussion and solutions presentation
Stream
Tech tools and capabilities
GenAI and technology essentials
Room (Main B)
- Foundation setting: what is generative AI (GenAI) already doing?
- What is GenAI good at?
- Advanced data analysis.
- Model training.
Stream
War Game
Compliance and cyber security threat preparedness
Room (Main D)
Tabletop exercises designed to present participants with a real-world scenario, in which they must detect, decide, tackle and thwart a potential crisis. (Can take the form of a cyber security threat or executive decision scenario.)
Robert Francis is the senior director of the cybersecurity group at the Financial Industry Regulatory Authority (FINRA). His team focuses on conducting cyber and technology risk reviews at member firms and enhancing risk management capabilities at FINRA firms through outreach and education.
Before joining FINRA, Robert was the CISO at the New York Department of Financial Services (NYDFS), responsible for leading the information security programme and cybersecurity supervisory activities. Prior to NYDFS, he was the head of cybersecurity operations at Santander, managing the cyber threat intelligence, security engineering, security monitoring, and incident response teams across North America. Robert has also held positions in banking supervision, information security, and counterintelligence with the Federal Reserve Bank of New York, the Department of Defense, the U.S. Capitol Police, and the U.S. Army.
Ryan Lewis
Cybersecurity advisor
Department of Homeland Security - Cybersecurity & Infrastructure Security Agency
Ryan Lewis is a cybersecurity advisor from the Department of Homeland Security (DHS), Cybersecurity & Infrastructure Security Agency (CISA) assigned to Region 4 in Kentucky. Amongst other duties, he is responsible for providing federal cybersecurity resources to State and Local governments as well as private sector organisations involved in critical infrastructure. Prior to joining CISA, he worked for the Department of Defense where, he provided real-time, cyber threat intelligence, vulnerability scanning and application security support for various organisation to operate and defend their portion the Department of Defense Information Network Army (DODIN-A).
Joseph “Joe” Parker serves as a cybersecurity advisor (CSA) with the Department of Homeland Security (DHS), Cybersecurity and Infrastructure Security Agency (CISA), based in Huntsville, AL.
As a CSA, Joseph provides cybersecurity assistance to critical infrastructure owners and operators within both private and public sectors. CSAs introduce organisations to various CISA cybersecurity products and services, along with other public and private resources, and act as liaisons to CISA cyber programmes. CSAs can provide and coordinate cyber preparedness and resiliency assessments, share threat information, and facilitate incident coordination and support in times of cyber threat and disruption. Joseph has 31 years of service with the federal government; 29 with the Department of Defense in both active duty and civilian roles as a counterintelligence special agent with the U.S. Air Force Office of Special Investigations (AFOSI) and the Defense Counterintelligence and Security Agency (DCSA). Joseph has also served as a task force member with the FBI Cyber Division’s Threat Analytics and Collaboration Unit (TACU) for many years and continues this relationship representing CISA.
Afternoon keynotes
16:00 – 16:25
Reset, rejoin and refreshment break
Participants can grab a quick refreshment, reset and rejoin the afternoon keynotes in the main stage areas.
16:25 – 16:55
The evolving multirisk environment
What set of ongoing risks must executives and risk managers tackle to thrive and not just survive?
Evolutions in technology, climate risk, as well as myriad geopolitical and market challenges are all now part of the 'daily norm': what best practices can we leverage in the year to come?
Adam Ennamli is the current chief risk officer at General Bank of Canada, overseeing the evolution and management of all enterprise-wide risks. He leverages over 15 years of risk management, compliance and operations leadership experience at major financial and technology institutions globally, including Thomson Reuters, Canada Mortgage and Housing Corporation, Morgan Stanley and National Bank of Canada.
In his prior roles, Adam spearheaded the development of risk management, governance and compliance programmes driving strategic decision-making and prudent growth. He holds an MBA from HEC Montreal as well as multiple ESG certifications, complementing his expertise across ERM, cyber security, operational resilience and technology. Adam is recognised for enabling companies to build durable competitive advantages through world-class capabilities.
Matthew Ferraro
Senior counselor, cybersecurity and emerging technology, and Executive director, Artificial Intelligence Safety and Security Board
Department of Homeland Security
Matthew F. Ferraro serves as the senior counselor for cybersecurity and emerging technology to the Secretary of Homeland Security and the executive director of the artificial intelligence safety and security board. n this role, Mr. Ferraro advises the Secretary on the deployment of artificial intelligence (AI) and other advanced technologies to fulfill the Department’s mission and on AI policymaking across the Department of Homeland Security (DHS) and throughout the US government. Prior to his service at DHS, Mr. Ferraro practiced law at the intersection of national security, cybersecurity, technology, and crisis management at the international law firm of Wilmer Cutler Pickering Hale and Dorr LLP. While there, he was a principal architect of the firm’s AI practice. Before entering the legal profession, Mr. Ferraro served as a US intelligence officer, holding a variety of staff, policy, and operational positions with the Office of the Director of National Intelligence and the Central Intelligence Agency. An adjunct professor of law and senior fellow at the National Security Institute at George Mason University, he has written widely on issues related to national security, technology, and law. Educated at Yale, Cambridge, and Stanford, Mr. Ferraro lives and works in Washington, D.C.
Mr. Moenickheim has more than 20 years of experience assessing and managing risk for the banking, consumer finance, and payments industries. Prior to joining Evolve, Mr. Moenickheim served as CRO for Gateway First Bank. He has held similar positions with Ocwen Financial, Santander Consumer, and JPMorgan Chase. Mr. Moenickheim received a Bachelor of Science in Economics from Princeton University. He’s also an ABA Certified Enterprise Risk Professional (CERP) and a graduate of the ABA Compliance School.
16:55 – 17:20
Monetary policy and currency risk
A host of global and macro challenges loom large across the industry. However, is there a more profound challenge just over the horizon? Industry thought leaders share their take on the risk and potential opportunities with ongoing challenges to the dollar as the reserve global currency.
Nick Silitch was recently senior vice president, chief risk officer of Prudential Financial, Inc. In this role, Silitch oversaw Prudential’s risk management infrastructure and risk profile across all business lines and risk types. Under his direction, his team developed models, metrics, frameworks and governance to manage risk, and works with internal corporate partners and business groups to identify, assess and prioritize risk across the company. He was chairman of the organization’s Enterprise Risk Committee that evaluates current and emerging risks relevant to the company, and is a member of Prudential’s Senior Management Council.
Silitch also worked with external stakeholder groups to forward industry interests. He was head of the International Affairs Committee for the North American Chief Risk Officers’ Council, and a member of the Advisory Council for the International Association of Credit Portfolio Managers.
Silitch joined Prudential in 2010 as chief credit officer and head of investment risk management, overseeing Prudential’s general account and other proprietary investment risks globally, as well as maintaining and approving Delegations of Authority and Investment Policy Statements.
Prior to joining Prudential, Silitch held the position of chief risk officer of the Alternative Investment Services, Broker Dealer Services and Pershing businesses within Bank of New York Mellon. He also served on the Pershing Executive Committee.
Silitch joined Bank of New York Mellon in 1983 as a credit trainee. Throughout his career at the bank, he held senior positions in client management, investor relations, risk management, loan restructuring, credit portfolio management and Basel compliance.
He received a bachelor’s degree in economics from Colby College.
Noel Dixon is a Senior Macro Strategist for the Multi-Asset Research team at State Street Global Markets. He is responsible for researching G10 FX, commodity currencies, and geopolitics. Prior to this role Noel worked for Fidelity Investments for over 10 years with experience in Wealth Advisory, Equity Trading, and Data Analytics. Noel holds a Bachelor’s Degree in Finance from Boston College and is a CFA Charterholder.
17:25 – 17:30
Day one: closing remarks
17:30 – 19:00
Cut a rug, Beacon reception
Grand Hyatt Rooftop
Hosted by: Beacon Platform
After a day of thought-provoking and content-led discussions, put on a cowboy hat and sip cocktails with industry peers. Join the line dancing to some top-notch live country music.
Musical entertainment by Larry Longpump & The Unknown
