AMR – FINAL DRAFT

Olga Collins will be presenting at Virtual Advanced Model Risk

Suman Datta will be presenting at Virtual Advanced Model Risk

Alan Forrest will be presenting at Virtual Model Risk

Saqib Jamshed currently serves as Managing Director – Model Risk Management at the Options Clearing Corporation in Chicago. He has held senior Risk Management positions at State Street Corporation and GE Capital. Saqib spent the bulk of career at the Royal Bank of Scotland where he started out as a Programmer and then moved on to become a trader on the fund derivatives desk. He earned a Masters in Electrical Engineering from University of Michigan and an MBA from the University of Connecticut.

Irfan Kaziwill be presenting at Virtual Advanced Model Risk

David Palmer is a senior supervisory financial analyst in the Division of Banking Supervision and Regulation at the Federal Reserve Board. He focuses on several primary topic areas, including banks’ capital planning practices, banks’ model risk management practices, banks’ and supervisors’ stress testing activities, validation of supervisory stress testing models, and banks’ credit risk capital models. He engages in both policy-related projects as well as on-site examinations. David was a primary author of the Federal Reserve’s Supervisory Guidance on Model Risk Management (SR 11-7), issued in April 2011 jointly with the OCC (and more recently with FDIC), and continues to lead the implementation of that guidance within the Federal Reserve. He was also a key contributor to the Federal Reserve’s supervisory guidance on capital planning for large firms issued in December 2015 (SR Letters 15-18 and 15-19), as well as to the Federal Reserve’s final rules to implement Dodd-Frank stress testing requirements and the Federal Reserve’s Capital Plan Rule.  More recently, David has been involved in evaluating supervised firms’ use of fintech, including artificial intelligence/machine learning.

He has a bachelor’s degree from Oberlin College and a master’s degree from Georgetown University.

With over 30 years of financial services industry experience, Chris has an in-depth knowledge of model governance, model validation, financial model development, market risk modeling, Asset Liability Management, and team development. Chris is currently the Director of Model Risk Management at Arvest Bank and was previously Vice President, Director of Model Risk Management at TIAA Bank for five years. His experience includes leadership roles at Diebold and Fiserv, where he consulted with financial institutions nationally and internationally to design and implement financial strategies to maximize productivity and growth, as well as Asset/Liability Management and quantitative analysis at HSBC and First Niagara Banks.

 Justyna van Barneveld is a Senior Risk Manager with experience in financial services industry – wholesale and retail banking and investment management. She is specialized in Model Risk Management, Non-Financial Risk, Enterprise Risk Management and Compliance/AML. Since 2019, she is working for ING Bank in Amsterdam, where she is leading the Policy and Governance team of the Global Model Risk Management.

Sean (Xiaoling) Yu is a SVP and Director of Model Validation at KeyBank. He has over 10 years of experience in the financial services industry in different quantitative modeling roles.  His areas of functional expertise include Consumer and Commercial Credit Risk, Stress Testing, Allowance/Reserve, Capital Modeling, Risk Analytics, and Model Governance.  Prior to Key, Sean was Sr. Group Manager of Quantitative Analytics and Model Development in PNC Financial Service Group.  He started his financial services career in National City Bank as a Sr. Capital Allocation Analyst after worked as a Research Consultant at the Center for Regional Economic Issues of Case Western Reserve University.  Sean has a Ph.D. in Economics from Case Western Reserve University, and a Master in Management Science and a Bachelor in Industrial Economics from Tianjin University.

Jane Zheng is an audit director in BNY Mellon. She leads the model risk audit team in Internal Audit (IA) department and is responsible for supporting IA for all model risk audit projects which cover model risk management framework and a diverse array of model types including pricing, market risk, credit risk, operational risk, liquidity risk, interest rate risk, counterparty risk, capital planning / stress testing, Basel, CECL, IFRS9, compliance, and investment management.

Jane holds a PhD in quantitative field and three professional designations: Financial Risk Manager (FRM), Chartered Financial Analyst (CFA), and Chartered Alternative Investment Analysts (CAIA).