Course Agenda

Agenda

June Course Agenda 2021

Live virtual course | Agenda timing is in BST
Respective time in EST
Start: 2:00pm BST/ 9:00 am EST
Break: 3:00pm BST/ 10:00am EST
Ends: 4:15pm BST/ 11:15am EST

14:0015:00

Operational resilience and the regulatory landscape

14:00 - 15:00

  • The role of operational resilience and its importance
  • The BCBS consultation papers
  • Regulatory alignment:
    • PRA
    • ECB
    • FED
  • Basel guidance
Michael Sicsic

managing director

Sicsic Advisory

Michael Sicsic is a senior executive in the field of risk and regulation in the financial services sector. He has a deep understanding of business models in the retail financial sector and its related risks.

Michael has founded Sicsic Advisory, a London based boutique consultancy focusing on financial services risk and regulation, in 2019. His team has a unique combination of expertise gained through direct industry experience, consulting roles and regulatory supervision leadership role in the UK retail finance market. Michael is the former head of supervision for the general insurance retail sector at the Financial Conduct Authority (FCA). Previously, he held the position of Global Operational Risk Director at Aviva Plc., covering Life Insurance, Asset Management and Non-Life insurance.

Formerly, he worked for over 10 years at GE Capital in various senior risk and finance positions across commercial and corporate finance activities.

15:0015:15

Break

15:00 - 15:15

15:1516:15

Operational resilience frameworks

15:15 - 16:15

  • Creating an operational resilience framework
  • The role of governance in operational resilience frameworks
  • Key challenges
  • Aligning with risk management framework
  • Determining resilience metrics

Douglas Wilbert

Managing Director

Protiviti

14:0015:00

Learning from operational disruptions

14:00 - 15:00

  • Proactively learning from incidents
  • Working collaboratively with regulators
  • Aggregating data on failures and near misses
  • Exploring alternate methods of servicing clients

15:0015:15

Break

15:00 - 15:15

15:1516:15

Business continuity management

14:00 - 15:00

  • Best practice BCM aligned with current standards and guidelines
  • Implementing a business continuity management system
  • Creating business continuity strategies and plans for day-to-day operations
  • Delivering operational resiliency through effective BCM
Yulia Chugueva

Operational risk professional

14:0015:00

Crisis management

15:15 - 16:15

  • Regulatory requirements
  • Identifying vulnerabilities and risks to operations
  • Design considerations for effective crisis response
  • Planning and preparing for incidents which may occur
Johan Rosen

head of risk

Swedbank

Johan Rosén has more than 15 years of experience from risk management in the financial sector in the Nordics, the Baltic region, Russia and Ukraine. He has been a credit officer and has worked hands-on with business area risk control, stress testing and capital models. Johan has also worked with corporate structural deals and acquisitions and divestments and with strategic corporate communication. Johan is currently the Head of Risk for Digital development, ICT and Financial Crime at Swedbank with added responsibilities for enterprise wide crisis management and contingency. Johan has an EMBA from the Stockholm School of Economics.

15:0015:15

Break

15:00 - 15:15

15:1516:15

Change management

15:15 - 16:15

  • Defining an operating model and governance for change management
  • Technological innovations, business changes, and legislative changes
  • Other threats: pandemics and geo-political
  • Why change management is critical to operational resiliency
Julien Haye

Global head of non-financial risk,

Fidelity International

Julien Haye joined Fidelity International (FIL) in July 2017 as Head of Non-Financial Risk in London and has over twenty years’ experience in the Financial industry.

In his current role, Julien partners with FIL’s top management and Board, leveraging risk insights to improve the firm’s operating model efficiency and product offering through effective risk management and culture, and to continuously improve the firm’s client outcome and journey.

Julien joined Fidelity from DWS, where his role was Global Conduct Officer and UK Chief Risk Officer. He joined Deutsche Bank in 2012 where he held various positions in Risk Oversight and ICAAP, before joining the 3 Lines of Defense Programme as Risk & Control Assessment Lead. In addition to his work with Deutsche Bank, Julien has worked for several financial services institutions in Treasury, Risk, Capital Management, Programme Management and Trading.

Julien is passionate about people, art and design. For many years he has led the LGBT diversity and inclusion agenda at the firms he worked for, mentoring young professionals and entrepreneurs to help them to reach their potential and supporting non-profit organisations.

Julien leads the Global LGBT inclusion strategy for FIL working closely with senior management and the HR team to nurture FIL’s inclusive and diverse culture. Having worked in less inclusive environments Julien recognises the importance of promoting the benefits of a diverse workforce therefore creating an environment where everyone can be themselves and to be a role model for LGBT colleagues.

Julien has an MBA and is FRM certified and he is also a Stonewall Ambassador

14:0015:00

Third-party management

15:15 - 16:15

  • Third party risk management cycle
  • Indicating key third party management risks
  • Risk assessment, effective controls, best practices
  • Impact upon resiliency
  • Integrating supply chain
Nicola Comninos

chief risk officer

JSE

Nicola Comninos, CFA is currently the Group CRO of the JSE. She chairs the JSE Pension Fund Board and CFA SA Society Risk, Governance & Audit Committee. She participates in various industry committees, including World Federation of Exchanges Risk Working Group, SARB Financial Sector Contingency Forum and IRMSA Risk Intelligence Committee.
With over 15 years’ experience in financial markets, her previous roles include MD of Nautilus Group, a Hedge Fund Platform; and head of various functions including Group Strategy, Sustainability, Equities and Equity Derivatives and Business Intelligence. Previous industry roles include Investment Consulting and Life Investment Product Development.
Her qualifications include B.Com Honours and B.Com Investment Management degrees (both Cum Laude). She is IRMSA 2020 Risk Manager of the year and co-head of Women in ETFs South Africa chapter. She is passionate about mentorship and has two sons.

15:0015:15

Break

15:00 - 15:15

15:1516:15

Operational resilience by design

14:00 - 15:00

  • Creating a culture that considers resiliency
  • Paradigm shift that simplifies organisation structure
  • What threats should operational resilience capabilities cover?
  • Documentation and mapping of systems and processes
Karen Gutierrez

senior advisor

Bank of England

Karen has 25 plus years of experience in the financial services industry. Spanning working in Industry, specialising in developing and implementing new products within life and pensions, moving into Consulting to specialising in MAI, post-merger integration, business process and performance optimisation, outsourcing and transformation, all of which allowed her to deepen her knowledge and experience of firms business and operating model specialising in IT and Operations.

Karen moved in to regulation, initially as part of the FSA, later subsumed into the Bank of England. Karen is a Senior Advisor within the Operational Resilience Division, responsible for developing the micro prudential supervisory approach for operational resilience. Her specialism over the last 11 years has focussed on firms business operating model; focussing on three aspects, business model development, business operating model optimisation and operational resilience, to consider the risks that can arise and assessing firms mitigation strategies.