Treasury & ALM UK: Draft agenda

TREASURY ALM EUROPE - MAIN 16-17 BANNER

Agenda

Day One

08:00 Registration and breakfast

08:50 Chair’s opening remarks

PANDEMIC – PANEL DISCUSSION

9:00 Covid-19 one year on: Reviewing lessons learnt and long term impact of the global pandemic

Session details 

  • Modeling impacts of pandemic stress
  • Mapping impacts to plan for future stress events
  • Impact of sudden and sustained market volatility
  • Stress testing frameworks to prepare for future volatility
  • Managing through markets moving forward
  • Impact of government stimulus on financial institutions
    • Repercussions of reduction in stimulus
  • Impact of increased bad debts on global economies

Brian Brown, Head of Liquidity Risk Management for UK/CIB, Deutsche Bank tbc

PREPAYMENTS

9:45 Understanding the impact of government stimulus on prepayments and recovery

Session details 

  • Impact of changes to behaviour
  • Impact of Covid-19 on prepayment
  • Interest rate risks as a result of prepayments
  • Prepayment behaviour aligned with interest rates
  • Lower duration of loan

10:25 Morning refreshment break and networking

FTP

10:55 Impact of market changes on funds transfer pricing and operating in continued uncertainty

Session details 

  • Projection of value of assets and liabilities
  • Modeling and valuing deposits
  • Availability of funding instruments
  • Impact of lower interest rates on FTP
  • Changes to existing methodologies
  • Internal transfer pricing allocation process
  • Precision in measurement to derive precision in pricing
  • Pricing to reflect risk

ESG – PANEL DISCUSSION

11:30 Building and supporting a credible transition process towards ESG principles

Session details 

  • Compressed spreads with increased demands
  • Meeting profitability rates
  • Lending strategies off balance sheet
  • Governing balance sheet towards carbon emission targets
  • Managing high quality liquid assets towards a more ESG compliant investment portfolio
  • Scoring corporates against ESG criteria
    • Investing in negative scoring companies
  • Data analytics capabilities for ESG scoring over time

Neels Vosloo, Head of EMEA Regulatory Risk, Bank of America tbc

Brian Brown, Head of Liquidity Risk Management for UK/CIB, Deutsche Bank tbc

Edmund Bosworth, Head of Capability & Controls, RBS tbc

12:15 Lunch break and networking

IBOR

1:15 Progress towards final transition away from LIBOR and challenges transitioning legacy contracts

Session details 

  • Impact to management of ALM positions and base rate change
  • Updating contracts under new rates
  • Pricing on SONIA vs. LIBOR
  • Uses of backwards vs. forward looking alternative reference rates
  • Changes with European rates and introduction of Euribor
  • Recalibrating models under new risk free rate
  • Divergence across jurisdictions

IRRBB

1:50 Developing a comprehensive framework and governance implications to manage interest rate risk in the banking book

Session details 

  • Regulatory developments for IRRBB frameworks
  • Reviewing technical standards
  • Reporting key IRRBB metrics
  • Rate forecasting for IRRBB monitoring
  • Yield optimization in a low rate environment
  • Forecasting changes in interest rate regime
  • Reviewing requirements and timelines across jurisdictions

INFLATION

2:25 Reviewing the impact of inflation on interest rates and long term considerations

Session details 

  • Moving towards rates rising
  • Impact of long term negative or low rate environment
  • Risks associated with increased inflation
  • Customer risks: understanding changes to behaviour
  • Increased net interest margins
  • Managing balance sheet with higher inflation
  • Interest rate impact on low risk investments

3:00 Afternoon refreshment break and networking

LIQUIDITY

3:30 Funding concentration as a building block of liquidity risk management

Session details 

  • Why an additional framework?
  • Scoping: what is funding?
  • Cliff risk
  • Counterparty concentration
  • Bespoke aspects: unsecured – deposits – secured
  • Entity level management

Robert Maringer, Head of Liquidity Risk Monitoring and Analysis, Credit Suisse

4:05 Managing surplus liquidity and impact on net interest margins and future planning

Session details 

  • Managing increased liquidity
    • Changes to financial bond market
  • Impact to structural liquidity metrics, forecasting and LCR
  • Compressed net interest income
  • Behaviour of consumers and impact on liquidity trends
    • Precautionary savings of consumers
  • LCR and NSFR criteria
    • Purchasing high quality liquid assets to meet liquidity requirements

BALANCE SHEET OPTIMIZATION

4:40 Optimizing approaches to for dynamic balance sheet management in a post Covid economic environment

Session details 

  • Managing global regulatory requirements across jurisdictions
  • Optimizing across capital, balance sheet, funding and liquidity
  • Leveraging available information and uses for technology and analytics
  • Understanding granularity of ALM mix
  • Dynamic ALM management
    • Maintaining capital buffers and regulatory compliance
    • Governance structures
    • Reporting and monitoring capabilities

Sridhar Aiyangar, Group Head, Balance Sheet and Liquidity Management, Bank ABC

5:15 Chair’s closing remarks

5:25 End of Day One and networking drinks reception

Day Two

08:00 Breakfast and registration

08:50 Chair’s opening remarks

TECHNOLOGY – PANEL DISCUSSION

9:00 Leveraging technology capabilities and utilizing data to enhance treasury and ALM function efficiency

Session details 

  • Integrated risk framework
  • Understanding interdependent and third-party/feeder models
  • Migration to the cloud for asset liability modeling solutions
  • Building the foundation to leverage big data
  • Modeling performance and agility

QUANTITATIVE EASING

9:45 Reviewing the effect of quantitative easing on bank balance sheets and future central bank policy

Session details 

  • Changes to QE impact on funding costs
  • Hedging strategies to mitigate risks
  • Volatility of short term and intraday rates
  • Preparing for the end of quantitative easing
  • Managing risk with policy uncertainty
  • Uncertainty in short-term rates and the shape of the yield curve

10:20 Morning refreshment break and networking

Strategic Management

ESG

10:50 Incentivizing green investments within systems and determining key principles

Session details 

  • Capital support as an incentive
    • Lower requirements for green vs. add on for brown
  • Pricing incentives to facilitate transition
  • Meeting ESG targets through ALM investment
  • Investing effectively in money markets
  • Creating appropriate targets
    • Measuring progress against targets

11:25 Determining emerging metrics and baseline to achieve ESG goals

Session details 

  • Metrics that investors will review
  • Rating agency approach
  • Establishing a baseline
  • Determining proxies to use as a starting point
  • Tracking trajectory


NEGATIVE INTEREST RATES

12:00 Lessons learnt from experiences in negative rates and understanding impacts

Session details 

  • Impact on pricing for customers
  • Pricing negative interest rates
  • Consequence on liquidity and customer behaviour
  • Strategy to maintain net interest income
  • Jurisdictional variations in requirements
    • Ability to pass on a negative rate to a deposit holder
  • System ability to manage negative interest rates in the UK
  • Structural hedging on equities and current account portfolios

Regulation

REGULATION

10:50 Overview of the global regulatory landscape and challenges complying across multiple jurisdictions

Session details 

  • Global regulations and disparities across jurisdictions
  • System changes to manage reputation
    • Data capture and processing
  • Forward looking view of regulatory change
  • Frequency of reporting and regulatory change
  • Impact of regulatory divergence across EU on company agendas

Neels Vosloo, Head of EMEA Regulatory Risk, Bank of America

BASEL 4

11:25 Reviewing Basel 4 proposal and implementation considerations moving forward

Session details 

  • Consequences of new proposal
  • Allocating capital based on outflow
    • Group level or individual exposures
  • Allocation of output flow
  • Future implementation

FRTB

12:00 Impacts of FRTB on ALM and treasury functions and considerations for effective management

Session details 

  • Impact on capital charges
  • Interaction with CRR 2&3
  • Banking book and trading book separation
  • Internal setup to transfer risk from balance sheet

12:35 Lunch break and networking

COLLATERAL MANAGEMENT

1:35 Optimizing collateral management and developing best practices

Session details 

  • Optimizing collateral management
  • Monitoring and managing collateral
  • Best practices for collateral management
  • Infrastructure developments to gain a full view
  • Impacts of Central Securities Depository Regulation

BEHAVIORAL MODELING – PANEL DISCUSSION

2:30 Recalibrating models post Covid-19 and reviewing relevance of historic data

Session details 

  • Updating models post crisis/stress event
  • Including within future horizons
  • Embedding expert opinion within models
  • Reliability of last available data during Covid-19
  • Impact on prepayment
  • Model assumption of historical data reflect future stability
  • Role of management and ALCO
  • Recalibrating models in line with Covid-19 stresses

CRR 2&3

1:35 Future changes and implementation challenges of CRR 2 and looking ahead to CRR 3

Session details 

  • Impact to balance sheet management
  • Changes to capital charges
    • Managing risk to avoid punitive capital charges

STRESS TESTING – PANEL DISCUSSION

2:30 Incorporating ESG within regulatory stress tests

Session details 

  • Guidelines on climate risk
  • Understanding baseline
  • ESG taxonomy or stress testing
  • EBA and Bank of England expectations

2:55 Afternoon refreshment break and networking

MODELS

3:25 Enhancing models and forecasting capabilities for strategic decision making

Session details 

  • Benefiting from enhanced data governance and oversight
  • Developing robust model risk frameworks
  • Tuning models for better forecasting
  • Leveraging internal data science practices
  • Augmenting stress test scenarios

IT SYSTEMS

4:00 Updating IT systems to get a complete view of long and short term funding

Session details 

  • Building a complete view of cash flow
  • Increased computer power to collate systems
  • Viewing the whole balance sheet intraday
    • Impact to compliance with LCR and NSFR
  • Running scenarios and stress tests
  • Leveraging data leaks and AI track mappings
  • Operationalizing AI
  • Evolution of the treasury function
  • Aligning technology offerings for an integrated system
  • Integrating ALM and regulatory reporting

NSFR

3:25 Implications of NSFR on long term funding and impact to product strategies

Session details 

  • Implications to long term funding
  • Managing the impact of NSFR
  • Optimizing and structuring balance sheet mix
  • Reviewing intracompany funding across entities
    • Raising long term funding
  • Implications of NSFR go live
  • Alignment with CRR 2
  • Building in long term maturity
    • Changes to pricing

INTRADAY LIQUIDITY

4:00 Developing and enhancing capabilities to manage liquidity on an intraday basis

Session details 

  • Developing intraday capabilities
  • Strengthening intraday management based on exposure
  • Technology solutions for intraday liquidity
  • Sensitivity to impacts on institutions
  • Systems and infrastructure development to monitor intraday liquidity robustly
    • Holding more capital of liquidity to support system deficiencies
  • Real time view of buffers

4:35 Chair’s closing remark

4:45 End of Summit

Connect With Us
#FRAUDEUROPE

Center for Financial Professionals tm
Jeremy is NatWest Markets’ Chief Risk Officer, having joined the bank in 2018. He has an extensive experience as a trader and risk manager. His roles in risk management include running regional and global market risk teams at a variety of firms including Commerzbank, UBS, Investec and Nomura, and the role of Chief Risk Officer, EMEA at Nomura since 2015. Jeremy holds a Masters in Economics Cambridge University.
Jeremy is NatWest Markets’ Chief Risk Officer, having joined the bank in 2018. He has an extensive experience as a trader and risk manager. His roles in risk management include running regional and global market risk teams at a variety of firms including Commerzbank, UBS, Investec and Nomura, and the role of Chief Risk Officer, EMEA at Nomura since 2015. Jeremy holds a Masters in Economics Cambridge University.
Søren Agergaard Andersen is the Chief Risk Officer for Nordea Asset Management, the biggest asset manager in the Nordics with more than € 250bn AuM. Søren is responsible for the overall enterprise risk function, managing an international team of risk professionals in Denmark, Sweden and Luxembourg. Before joining the asset management industry, Søren held leading positions within risk in banking and pension/life insurance. One of his main priorities is to define and uphold a strong and yet flexible governance and risk framework, which can support a sound overall risk culture. Søren holds a M.A. in Mathematics and Economics and a PRM certification.
Kimberley brings more than a decade of executive leadership experience in the Governance, Risk and Compliance space, building brand recognition, thought-leadership and revenue-accelerating marketing programs at companies including Thomson Reuters, SAI Global, the Global Association of Risk Professionals, Practical Law Company and Compliant. As part of her role at Aravo, Kimberley develops thought leadership content designed to help third party risk professionals benchmark their programs, share best practice, elevate their conversations to the Board, and build the business case for investment in the development of their programs. Kimberley is originally from New Zealand, and has also lived and worked in London and New York. She now lives in San Francisco, and in her spare time enjoys exploring and al fresco dining with her husband and bulldog.
Louise Waite is the Supply Chain Management & Assurance Director at Lloyds Banking Group. She leads a team of 50, delivering a group-wide approach to supplier risk assessment, supplier assurance and supplier management. Louise and her team maintain an effective Supply Chain Management framework, run a Centre of Excellence for Supplier Management and conduct hundreds of assurance reviews every year. Having spent several years in the IT and Pharmaceutical industries, Louise is enjoying her return to Financial Services where she started her Procurement career.
Jean-Francois Valette is leading Global Third Party Compliance & Risk management at eBay. Jean-Francois is responsible for enhancing eBay’s legal, risk and compliance program around all third parties impacting eBay’s operations and business activities directly or indirectly. He oversees the development and management of a third-party risk management program across the business units; engaging and supporting the management of the controls functions for the company, including Business Ethics Office, Information Security, Resiliency, Compliance investigations and reporting amongst others. Prior to joining eBay, Jean-Francois worked as the Head of Operations for Volkswagen Payments and held the roles of Head of Outsourcing and Global Third Party Compliance and Risk management for PayPal. He also held different positions in the Banking & Asset Management industry, and holds his Law and Investment Management certifications, specializing in regulatory compliance and outsourcing.
Martin Townsend will be speaking at Vendor & Third Party Risk Europe 2021
Sean Titley will be speaking at Vendor & Third Party Risk Europe 2021
Alex is Head of Supply Chain Risk for Lloyds Banking Group (LBG), responsible for ensuring that the supplier onboarding & management frameworks drive effective risk management and regulatory compliance. Alex has worked with LBG for 10 years, and has over 20 year experience in Sourcing and Supply Chain Risk.
An Alumni of De Monfort University & London Metropolitan University, Desmond is a seasoned Third-Party Risk Management Lead as well as a specialist in Supplier Relationship Management. He has worked both in the Public and Private sectors gaining foundational experience at London Underground over a 17 year career. He has also worked for Deutsche Bank, HSBC and now with Vodafone leading on Third Party Risk programme activities. Desmond is married with two children and enjoys travelling.
Daniel Cameron will be speaking at Vendor & Third Party Risk Europe 2021
Dilbagh is a Partner at Fintegral and leads the firm’s UK practice. He specialises in the areas of traded risk and climate risk, helping banks to enhance their analytics capabilities to better identify, quantify and manage current and emerging risks. He has over 20 years of experience in trading, risk management and quantitative modelling at banks and hedge funds, including Credit Suisse, Man AHL and Nomura. Dilbagh holds a degree in Natural Sciences (Physics) from the University of Cambridge.
Vishwas has deep international FS consulting and risk management experience across Europe, US, Middle East and SE Asia. Vishwas has led complex risk transformations for G-SIBS, challenger banks and fintechs in the UK and EMEA, focusing on prudential regulation, capital and stress testing. Vishwas has also led a number of banking authorisations, fintech and Brexit applications and has experience of helping clients deliver to regulatory expectations and their internal performance targets. Vishwas also has experience in thought leadership and eminence, having led a number of conferences, speaker sessions and panel discussions with regulators and industry participants
Charis is a Risk Management generalist with 13+ years of experience in investment and retail banking. He is currently the Chief Risk Officer of SIB (Cyprus) Ltd, Sberbank Group, where he is responsible for developing the Risk Management framework, overseeing regulatory initiatives and driving strategic projects related to risk. His interests include Fintech and innovation in Risk Management. He holds an MBA and a Master’s in Financial Mathematics. He is also a CFA charterholder and a certified Financial Risk Manager.
Stuart Burns currently has the role of Senior Technical Specialist at the PRA, working in the team reviewing and approving IRB models. He has responsibility for aspiring IRB firms. He previously ran the IRB risk weight analysis in the Annual Cyclical Scenario (ACS) stress test, challenging firms’ stressed projections and recommending capital responses. Stuart has over 20 years experience delivering credit risk, stress testing and economic capital models. This includes roles as: Head of Model Validation for S&P Europe. Head of Models for the Rainbow Business at Royal Bank of Scotland. Head of Credit Risk Methodology at Barclays Capital, where he rebuilt the team following the departure of the previous head, and managed all IRB related regulatory issues. Head of Corporate Analytics at HSBC, where he was responsible for Credit Risk Modelling and saw the bank achieve Advanced IRB status. He also introduced credit risk stress testing and economic capital. Head of Economic Capital and Model Risk Management at Standard Chartered Bank, where his responsibilities included building an offshore validation team, and coordination of stress testing across portfolios and risk types. Advanced IRB status was delivered on the strength of these areas.
Over the last 3 years, I have provided trusted advice and guidance to a variety of organisations looking to change their approach to GRC. The organisations I have worked with have often been looking to advance their approach to GRC through the use of modern, intuitive, and insightful technology. My job is to help these businesses and people with this often daunting task, and make it as seamless as possible.
Rob is responsible for New Business Sales and Account Management in EMEA. Based out of our London office, Rob helps guide organisations through the vendor evaluation process, remaining a key point of contact through the implementation process and throughout the ongoing relationship. Rob joined Riskonnect in September 2017 and has over 7 years experience in Governance, Risk and Compliance solutions helping a range or organisations from different industries including Telecommunications, Financial Services, Maritime and Infrastructure Projects, and more, evaluate, select and implement highly successful solutions.
David Cassonnet is Director of Business Development at ActiveViam, leading the creation of new solutons and use cases for the company. In his role, David ensures that the new product features developed by the company's R&D team translate into innovative and actionable use cases that deliver tangible value to the clients' business. With over twenty years of experience in financial markets, David has a double expertise in business development and solutions implementation. Previously he was Managing Director of ActiveViam in APAC where he and his consulting team were involved in several front-office and risk management projects with large local and international banks. David also held several roles at Mysis and Summit Systems.
Benjamin Westwood will be presenting at the 10th Annual Risk EMEA Summit.
Suresh Sankaran will be presenting at the 10th Annual Risk EMEA Summit.
Nigel Milbank is a Cambridge University graduate and Chartered Accountant having trained with Arthur Andersen and Deloitte. Nigel has held audit positions in Schroders and Credit Suisse as an Audit Director, following which he helped set up the Operational risk function and Product Control global assurance at Credit Suisse. Nigel was Director of Enterprise and Operational Risk at Santander UK from 2006 to 2011 and joined RBS in 2012 to run the Group ICAAP function. He has held various stress testing delivery and improvement roles at RBS/ Natwest Group and since 2020 has been Programme Manager on the Climate Programme building climate stress capability and embedding climate financial risk management.
Alistair McLeod will be presenting at the 10th Annual Risk EMEA Summit.
Melissa Longmore will be presenting at the 10th Annual Risk EMEA Summit.
Libor Krkoska will be presenting at the 10th Annual Risk EMEA Summit.
Pradyumna specializes in Market Risk and Counterparty Risk with experience spanning both the Front Office and Risk Management functions at two of the largest global investment banks. In his current multi-dimensional role he is the market risk manager for JPM’s differential discounting desk, the banking book loan portfolio and also is the head of CVA stress testing. He is also involved in developing a climate risk management framework for JPM’s trading book. Outside of work, he is a bit of a musician and is working on his first album.
Jérôme Henry is Principal Adviser at the ECB, in the financial stability area. He led Quality Assurance for SSM stress tests and was a BIS fellow. Originally from the Banque de France, Mr Henry started at the ECB leading its modelling team and thereafter its projection exercise. Mr Henry has a number of research publications, eg the ECB STAMP€ e-book. An ENSAE graduate, he holds an Economics PhD and a History BA from Paris Sorbonne.
Per Hansson is a Director and Head of CCR Exposure Management within Credit Risk Management at Deutsche Bank, responsible for the bank’s IMM and pre-deal exposure models for counterparty credit risk. Per is additionally responsible for capital planning and the bank’s Pillar 2 capital model for credit risk. Previously, Per worked in Market Risk Management for Credit Trading and CVA at Deutsche Bank and JP Morgan and was also a risk manager in JP Morgan’s prime finance business. Per has an MSc in Engineering Physics from Lund University, Sweden.
Atanas Dimov will be presenting at the 10th Annual Risk EMEA Summit.
Ashish Bansal, a certified Chartered Accountant from India, is the Head of Finance & Regulatory Reporting in Union Bank of India (UK) Limited. In his 8 years of industry know-how, his range of experiences span from application of operational aspect of conventions at grassroot, to administering and formulating policy blueprints at the executive stratum. His in-depth technical understanding of banking products and demonstrated cognizance of RBI’s as well as Bank of England’s regulatory governance, adds to his industry’s proficiency.
Yingbo Bai currently heads up the global valuation methodologies team at UBS, where he is also a D&I ambassador . Previously, he worked in a number of quantitative roles at Morgan Stanley and JP Morgan, after starting his career at CICC. Yingbo graduated from Oxford University with MSc in Mathematical Finance and London Business School with Masters in Finance, with undergraduate at Tsinghua University.
Sean Titley will be presenting at the 10th Annual Risk EMEA Summit.
Member of the Fraud Leadership Team across Natwest for 5 years; previous fraud prevention responsibilities have covered various products, customer journeys and fraud typologies. Currently accountable for the overall prevention and strategy of First Party Fraud (covering onbook, mules and application fraud) Previous roles include Operations Manager for Debt Management and Head of Customer Experience for Ulster Bank.
Praveen Singh will be presenting at the 10th Annual Risk EMEA Summit.
Gary Savill is Head of Enterprise Risk for Saga Group and has over 12 years of extensive risk management expertise, working previously in general and medical insurance for AXA UK for 10 years and as Deputy Head of Operations for Sanlam Investment Management for 4 years. Gary is a Chartered Management Accountant, qualifying whilst working for Nestle UK and is also a Specialist member of the IRM and member of the Institute of Management.
Alex Rothwell will be presenting at the 10th Annual Risk EMEA Summit.
Andrea Pozzi will be presenting at the 10th Annual Risk EMEA Summit.
Ozgur Ozel will be presenting at the 10th Annual Risk EMEA Summit.
Vikas Munshi will be presenting at the 10th Annual Risk EMEA Summit.
Diane Menville will be presenting at the 10th Annual Risk EMEA Summit.
Maciej is a seasoned banking professional with 20+ years of experience ranging from financial control, credit risk management to corporate banking, derivatives and fixed income, combined with experience of regulatory topics and passion for tackling the climate transformation. He joined NatWest Markets in June 2020 where he’s primarily responsible for setting up and managing risk hub to support investment banking of NatWest Group. Before (since June 2014) he worked in ECB Banking Supervision (aka Single Supervision Mechanism – SSM) as Head of Section & Joint Supervisory Team (JST) Coordinator, responsible for consolidated supervision one of the largest banks in the Netherlands. As JST Coordinator, he led risk identification and implementation of risk-based and forward-looking Supervisory Examination Program. He took part in the start-up phase that included recruitment as well as fine-tuning of tools and processes. Prior to the ECB, Maciej worked in various roles in a number of banks: PKO Bank Polski 2008-2014 (Head of Credit Risk Assessment Department, member of Bank’s Credit Committee, Advisor to CEO), HSBC 2008 (Head of Structured Finance) and Citi in Poland and Hungary 1996-2008 (Debt Capital Markets, Derivatives Sales, Financial Control). Maciej has graduated from Warsaw School of Economics and holds a Master Degree in Banking and Finance. In 2020 he graduated from University of Edinburgh Climate Change Transformation Program. He is a speaker and panelist at conferences on risk and regulatory outlook topics.
Amit Lakhani has varied experiences in managing operational risks at organisations of all sizes. He started his career working as a consultant with Accenture where he developed and deployed multi-million dollar programmes involving compliance and risk elements, especially information security and cyber risks. Further, Amit worked at large multinational organisations in his role at KPMG driving strategic decision-making, investments and risk reduction programmes.
Cecilia Gejke will be presenting at the 10th Annual Risk EMEA Summit.
Beate Born has 17 years of experience in the financial services industry in Switzerland, Europe and Asia and has run her own consulting practice. She is currently Head of Strategic Projects at UBS Wealth Management in Zürich. Many of her 13 years at UBS she spent in Operational Risk and Capital Markets running global regulatory initiatives such as MiFID I&II as well as large initiatives such as Brexit and platform programs for Wealth Management. She is member of the leadership team of the Enterprise Data Management Council (EDMC) Women in Data Network as well as the EDMC ESG Committee. In September 2021 Beate will complete a Master’s Degree in Sustainability Leadership from the University of Cambridge with a focus on ESG data reporting and carbon disclosure comparability. Further Academic degrees include an MBA from Clark University, a DESS from the Sorbonne, an executive MBA from the Swiss Finance Institute and a certificate of advanced studies in Financial Market Regulation from the University of Zürich.
Andrew Barnett will be presenting at the 10th Annual Risk EMEA Summit.
Sucharita Banerjee Lodha is the Head of General Insurance International Operational Risk and Governance, ERM. She has held various operational risk management positions within GI International supporting effective roll out of operational risk management tools and concepts within Claims, Finance, Operations and shared service centres. She has led teams across Business Consulting, Outsourcing Risk management, Offshore Development Centers, Technology and Risk Management. She has a proven track record of managing global teams and leading regulatory change initiatives. Sucharita holds an MBA from London Business School and an MS in Quality Management from Birla Institute of technology. She is also a six sigma Black belt and has a B.tech in Information Technology. She chose non-financial risk management as a career to pursue her passion for healthy risk culture in organizations. She has worked with Deloitte, American Express, Tata Consultancy Services in her professional career. She has worked with consulting and Financial services firms in India, the US and is currently based in London, UK. Sucharita is also the chair of Gender Equality Matters Employee resource group in AIG.
Sunil Verma will be presenting at the 10th Annual Risk EMEA Summit.
Julie is an experienced risk manager with 25 years at UBS and specialises in outsourcing and procurement and, more widely operational resilience. She advises senior management on risk management and control globally and on how to improve communications to staff throughout the organisation with respect to her specialisation. Julie leads global investigations on breaches to the firm's policies with respect to outsourcing and procurement and advises the firm on their root cause remediation.
Chris Sparks is Atom banks Chief Risk Officer. Prior to joining Atom Chris had spent over twenty years in financial services working both in the UK and abroad, holding senior positions in Risk and Finance in HSBC, RBS, GE and Virgin Money. His experience has covered a range of risk disciplines with a particular focus on Credit and Data. Chris is a member of the Research Advisory Board at the Credit Research Centre at Edinburgh University Business School. He also holds the title of Professor in Practice in the Departments of Mathematical Sciences and Computer Science at Durham University.
Laura has extensive experience withthin procurement and supply chain, including several years heading up a third party ESG function for a global company. During this time, she established a third party risk programme from the ground up, initiated a Green Supplier programme to drive sustainability throughout the supply chain. Laura is passionate about, and committed to developing new tools and techniques to better manage risk and drive all aspects of ESG with third parties. She is looking forward to continuing to learn from peers, as well as providing her expertise and experience to benefit others.
Orlando Fernández is a Senior Technical Specialist in the Governance, Remuneration & Controls team in the Bank of England’s Prudential Policy Directorate. Over the past two and half years, he has been leading the PRA’s policy on outsourcing and third-party risk management, with a focus on technologies such as cloud. Orlando was one of the authors of the PRA’s Consultation Paper on ‘Outsourcing and third-party risk management’. He also represented the Bank of England at the EBA group that produced the 2019 Guidelines on Outsourcing and contributed to the FSB’s report on third-party dependencies in cloud services that was published in December 2019. Prior to working in this areas, Orlando also played a leading role in the development of the PRA’s policy on the Senior Managers and Certification Regime (SM&CR).
Assistant Legal Attaché (ALAT) Jensen Penalosa has been a Special Agent with the FBI since 2005. ALAT Penalosa is a Certified Information Systems Security Professional (CISSP) and Certified Ethical Hacker (C|EH) with a Bachelor of Science degree in Computer Science. Prior to entering on duty with the FBI, ALAT Penalosa was employed as a software engineer. From 2012 to 2017, ALAT Penalosa supervised Cyber Crime Squads responsible for conducting counterintelligence and criminal cyber investigations in the Los Angeles area. In 2017 ALAT Penalosa was named the FBI Liaison Officer to Department of Defense partners in Hawaii. ALAT Penalosa is currently assigned to the FBI Legal Attaché office in London where he coordinates the investigative and intelligence activities between the FBI and international partners.