Chairperson's Opening Remarks

David Parks, Executive Director,
Risk Management Advisory Services,
Ernst & Young LLP

Implementing Basel II in the U.S.

Eric Caban, Supervising Examiner,
Operational Risk Governance Team,
Federal Reserve Bank of New York

9:45

Opening Roundtable: Operational Risk Management Challenges Facing Firms in a Volatile Market

Moderator:
Larry Albin, Principal,
Deloitte Consulting LLP

Panelists:
Diana Downward, Managing Director,
DTCC
Siobhan Dunn, Director,
Head of Operational Risk- Americas,
Dresdner Kleinwort
Kurt Regush, Vice President,
Global Derivative Operations,
Goldman Sachs
Jack Gomez,
BNY Mellon

ORM Convergence: Evaluating the Practicality and Applicability
Convergence aims to enhance risk management but is it the answer to simplifying your current risk management procedures?  This session will focus on the issues driving convergence and the challenges firms can face when designing and implementing a convergence program.  Hear the pros and cons of convergence to help determine whether this is the appropriate solution for your firm.

Moderator:
Edward Hida, Partner,
Deloitte & Touche LLP

Panelists:
Bernard Kelly,
Fidelity Investments
Kate Leibfried, Operational Risk Manager,
Citi
Michael Gandara, Global Information Risk Manager,
JP Morgan

Leveraging Technology to Enhance Enterprise Wide Risk Management

Moderator:
Paul Zubulake, Senior Analyst,
Aite Group

Panelists:
Peter Poulos, Executive Director,
Morgan Stanley
Kevin Cullen, Vice President,
Information Mosaic
Warren Axelrod, Executive Advisor,
Financial Services Technology Consortium
Suzanne Nolan, FVP,
Operational Risk Manager for Global Corporate Events
BNY Mellon

Looking into the KRI Crystal Ball: Identify Key Risk Indicators to Prevent Potential Risks
Identifying and monitoring KRIs will help to measure the level of risk associated with an activity and how to pinpoint predictive risk characteristics. As a result, firms can reduce losses and prevent exposure by proactively dealing with a situation before it arises. KRIs are also utilized as a tool for recognizing trends and changes in risk levels. Learning how to prioritize where to focus your attention is key for the successful management of Enterprise-Wide Operational Risk.

Speakers:
Karthik Nandyal,
BNP Paribas
Srinivas Bangarbale,
SEC   View Presentation

Luncheon with Exhibitors

Utilizing Centralized Clearing Counterparties to Efficiently Mitigate Counterparty Risk
With the recent credit crunch, counterparty risk has become a significant concern to buy-side firms and to the overall global financial markets. This session will discuss the benefits of using centralized clearing counterparties to mitigate counterparty risk and increase operational efficiency.

Speaker:
Kevin McPartland, Senior Analyst,
TABB Group

OpRisk Goes Global: Best Practices for Managing Operational Risk When Expanding Overseas
In order to effectively manage operation risk in a foreign country, there are a number of tactics firms should follow. What works in the U.S. doesn't necessarily work worldwide. The key is finding a balance between following a global model and meeting the needs of the local market. This session will discuss the pitfalls firms should avoid when expanding overseas and best practices firms should follow in order to set-up successful operations and sustain minimal operational risk.

Moderator:
Kevin Cullen, Vice President,
Information Mosaic

Panelists:
Holly H. Miller, Partner,
Stone House Consulting, LLC
Michael Gandara, Global Information Risk Manager,
JP Morgan
Robert Semke, Head of Operational Risk Management,
AIG

Scenario Analysis: An Advanced Technique for Measuring Operational Risk

Speaker:
Dietmar Serbee, Director,
PricewaterhouseCoopers
Angela Calapa, Manager, 
PricewaterhouseCoopers   View Presentation