NEW CHALLENGES FOR OPERATIONAL RISK MEASUREMENT AND MANAGEMENT
Sponsored by the Federal Reserve Board of Governors and the Federal Reserve Bank of Boston
May 14 – 15, 2008
The conference will take place at the Federal Reserve Bank of Boston.
Tuesday, May 13 |
| 5:00 – 6:00 |
REGISTRATION |
| 5:00 – 7:00 |
COCKTAIL RECEPTION – ROOFTOP TERRACE |
| |
|
Wednesday, May 14 |
| 7:30 – 8:30 |
REGISTRATION AND CONTINENTAL BREAKFAST |
| 8:30 – 8:40 |
WELCOME |
| |
|
| |
James Nolan, Senior Vice President, Supervision Regulation & Credit Department, Federal Reserve Bank of Boston |
| |
|
| 8:40 – 10:00 |
OPENING REMARKS: RISK MANAGEMENT LESSONS FROM RECENT FINANCIAL TURMOIL |
| |
|
|
Eric Rosengren, President & CEO, Federal Reserve Bank of Boston |
| |
|
| |
KEYNOTE ADDRESS: RISK MANAGEMENT AND BASEL II |
| |
|
| |
Randall Kroszner, Member of the Board of Governors, Federal Reserve System |
| |
|
| 10:00 – 10:30 |
BREAK |
| 10:30 – 12:30 |
BUILDING AN AMA FRAMEWORK THAT SATISFIES REGULATORY REQUIREMENTS AND MEETS BUSINESS NEEDS |
| |
|
| |
Jay Newberry, Managing Director and Head of Operational Risk, Citigroup
Joseph Sabatini, Managing Director and Global Head of Operational Risk, JPMorgan Chase
Yousef Valine, Head of Institutional Risk Management and COO, Risk Management, Wachovia Corporation
John Walter, Senior Vice President, Risk & Capital Analysis, Bank of America |
| |
|
| 12:30 – 2:00 |
LUNCH |
| 2:00 – 3:30 |
CHALLENGES AND EXPERIENCES IN AMA IMPLEMENTATION |
| |
|
| |
Mike Constantinou, Head of Operational Risk Framework and Measurement, Barclays Group
Michael Kalkbrener, Vice President, Risk Analytics & Instruments, Deutsche Bank
Marc Leipoldt, Senior Risk Reviewer, ABN AMRO Bank
|
| |
|
| 3:30 – 4:00 |
BREAK |
| 4:00 – 5:00 |
THE 2008 LOSS DATA COLLECTION EXERCISE |
| |
|
| |
Harvey Crapp, General Manager, Credit & Operational Risk Services, Australian Prudential Regulation Authority
Mark O’Dell, Deputy Comptroller for Operational Risk, Office of the Comptroller of the Currency |
| |
|
| 5:00 – 7:00 |
COCKTAIL RECEPTION -- HARBORVIEW DINING ROOM |
| |
|
| Thursday, May 15 |
| 7:45 – 8:30 |
CONTINENTAL BREAKFAST |
| 8:30 – 8:35 |
WELCOME |
| |
|
| |
Adrienne Haden, Assistant Director – Banking Supervision and Regulation, Federal Reserve Board of Governors |
| |
|
| 8:35 – 9:20 |
KEYNOTE ADDRESS: NEW CHALLENGES FOR OPERATIONAL RISK MEASUREMENT AND MANAGEMENT - A REGULATOR'S PERSPECTIVE |
| |
|
| |
Roger Cole, Director of Banking Supervision and Regulation, Federal Reserve Board of Governors |
| |
|
| 9:20 – 10:20 |
RESULTS FROM THE 2007 US RANGE OF PRACTICE EXERCISE |
| |
|
| |
Patrick de Fontnouvelle, Vice President, Federal Reserve Bank of Boston |
| |
Steven Strasser, Senior Advisor Operational Risk, Office of the Comptroller of the Currency |
| |
|
| 10:20 – 10:45 |
BREAK |
| 10:45 – 12:15 |
INTEGRATING OPERATIONAL RISK MEASUREMENT AND MANAGEMENT |
| |
|
| |
Don Rosenthal, Senior Vice President, Enterprise Risk Management, State Street
Bruce Stevenson, Senior Vice President – Economic Capital & ICAAP, HSBC USA
Kevin Storm, Senior Vice President, Economic Capital & Market Risk, U.S. Bank |
| |
|
| 12:15 – 1:45 |
LUNCH |
| 1:45 – 3:00 |
REGULATORY CHALLENGES FOR IMPLEMENTATION AND QUALIFICATION – GLOBAL PERSPECTIVES |
| |
|
| |
Harvey Crapp, General Manager, Credit & Operational Risk Services, Australian Prudential Regulation Authority
Tsuyoshi Oyama, Deputy Director General, Financial Systems and Bank Examination, Bank of Japan
Andrew Sheen, Manager, Operational Risk Policy Team, UK Financial Services Authority
Martin Sprenger, Head of Market & Operational Risk, Swiss Federal Banking Commission
|
| |
|
| 3:00 – 4:15 |
REGULATORY CHALLENGES FOR IMPLEMENTATION AND QUALIFICATION – U.S. PERSPECTIVES |
| |
|
| |
Kevin Bailey, Deputy Comptroller for Regulatory Policy, Office of the Comptroller of the Currency
Roger Cole, Director of Banking Supervision and Regulation, Federal Reserve Board of Governors
Eric Hirschhorn, Senior Financial Economist, Supervision Policy Office of Thrift Supervision
Mark Schmidt, Regional Director, Atlanta Region, Federal Deposit Insurance Corporation |
| |
|
| 4:15 |
CONFERENCE ADJOURNS |
|
