Agenda

Agenda

Operational Risk for Buy-side | Agenda

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Live virtual course | Agenda timing is in HKT/SGT

Respective time in AEST:
Start: 11:00am
Break: 1:00pm
Finish: 2:15pm
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09:0010:00

Key Issues and Risks for Asset Managers and Insurance Fund Managers

10:00 - 11:00

  • Key drivers and significance of operational risk during the crisis
  • Risk differences between an insurance fund management unit and an independent asset manager 
  • Risk appetite and operational risk
  • What are the serious things that can go operationally wrong in asset management?
  • What are the key top 10 ‘Significant’ risks?
  • Recent and historic cases 
  • The problems of routine controls
  • Key techniques to manage and mitigate them

10:0011:00

Operational Risk in Asset Management

10:00 - 11:00

  • Current industry drivers of increasing operational risk management in asset management
  • Operational risk and investment risk
  • Operational risk Identification and the Register
  • Risk mapping
  • Incidents and Errors
  • Internal and External Loss Data

11:0012:00

Lunch

10:00 - 11:00

12:0013:00

Risk Control and Reporting in Asset Management

10:00 - 11:00

  • Identification of controls and emerging risks
  • Operational risk measurement and Risk Appetite
  • Key Operational Risk Indicators
  • Risk and Control Self-Assessment
  • Risk Analysis and reporting

13:0014:00

Key Operational Risk Areas

10:00 - 11:00

  • People risks
  • Reconciliation and reporting
  • System complexity
  • SWIFT and payments
  • Fraud and money laundering deterrence

09:0010:00

Outsourcing

10:00 - 11:00

  • Responsibilities
  • Sound practices
  • Management and issues

10:0011:00

Model Risk

10:00 - 11:00

  • Model risk management
  • Model governance
  • Model validation

11:0012:00

Lunch

10:00 - 11:00

12:0013:00

Customer Concerns

10:00 - 11:00

  • Internal and external mandates
  • Benchmarks and tracking error
  • Pension fund issues
  • Annuity fund issues
  • Money market funds issues 

13:0014:00

Stress and Scenario Modelling for Operational Risk

10:00 - 11:00

  • Scenario modelling
    • How to use scenario modelling in asset management
  • Stress Testing and Sensitivity Analysis
    • How to use stress testing and sensitivity analysis in asset management