Course Agenda

Agenda

February Course Agenda

Live virtual course | Agenda timing is in GMT
Respective time in EST
Start: 2pm GMT / 9am EST
Break: 3pm GMT / 10am EST
Break: 4:15PM GMT/ 11:15am EST
End: 5:15pm GMT/ 12:15pm EST

14:0015:00

Building a TPRM framework

14:00 - 15:00

  • Governance of third party risk
  • Challenges and opportunities
  • Key components
  • Operating model
Madiha Fatima

Third Party Risk Management Director

Angelo Gordon

15:0015:15

Break

15:00 - 15:15

15:1516:15

How to conduct proper due diligence

15:00 - 16:00

  • At what point is it good enough?
  • Closing the risks
  • Different tiers of risk
  • Risk levels
Madiha Fatima

Third Party Risk Management Director

Angelo Gordon

14:0015:00

Resiliency in third-party risk management

14:00 - 15:00

  • Identify critical parties
  • Mapping business processes and risk controls
  • Look into infrastructure already in place
  • Preliminary testing
  • Table top exercise vs joint test
Subas Roy

CEO

ICAG Partners & global chairman, International RegTech Association

Subas is a CEO at ICAG Partners with over 20 years of strategic consulting experience in Banking and Financial Services inorganic growth, digital innovation and digital transformation. He has led and designed Digital Innovation, Regulatory and Financial Inclusion strategies for multiple central banks and regulators across Western Europe, North America and Asia Pacific regions. 

Prior to ICAG, Subas ran a growing management consulting business in Oliver Wyman with 24 revenue generating Partners and another ~120 consultants with YoY global revenue of ~$130MM focusing on (a) digital strategy and acceleration including market infrastructure reorganisation; (b) digitalization of risk and regulatory compliance in banks and regulators; and (c) cost optimization across 3LoDs in tier-1 banks and FIs including corporate finance advisory for buyout and other strategic options. 

Subas was also a senior Partner at two Big4 Professional Services (2011-2017 at Ernst & Young, and 2005-2010 at PricewaterhouseCoopers) responsible for developing global strategy advisory practice for Banking transformation fuelled by disruption and technological advancement, supported with proper people and process strategies, and how to deliver an accelerated digital change, ethically and responsibly in a growing, emerging economy. In Thailand, he led digital banking transformation for 2 of the top 3 Banks head quartered in Bangkok over a period of 4 years.

Subas is also the Founder and currently non-executive Global Chairman of the International RegTech Association (IRTA), a premier non-profit association representing the RegTech firms, central banks/regulators, and innovators in ~30 countries.

Previously he has held External Advisory Board appointments to the United Nations Capital Development Fund (UNCDF) on two digital innovation missions in South-east Asia, including creating a digital identify platform in Nepal and helping the Ministry of Electronics and Information Technology of India to develop a digital identification platform (Aadhar) for 1.3BN Indian citizens.

Subas has also held international Expert Panel chair and member roles at the Harvard University Kennedy School of Business and Government on public policies, the Gates Foundation, and the United Kingdom FinTech Innovation Committee under the rules of the Her Majesty’s Treasury (HMT) division. 

15:0015:15

Break

15:00 - 15:15

15:1516:15

Unknown concentration risk

15:15 - 16:15

  • Is your organisation too concentrated in a particular area?
  • Different forms of concentration risk
  • Subcontracting to fourth, fifth, sixth parties
  • How to diversify
Subas Roy

CEO

ICAG Partners & global chairman, International RegTech Association

Subas is a CEO at ICAG Partners with over 20 years of strategic consulting experience in Banking and Financial Services inorganic growth, digital innovation and digital transformation. He has led and designed Digital Innovation, Regulatory and Financial Inclusion strategies for multiple central banks and regulators across Western Europe, North America and Asia Pacific regions. 

Prior to ICAG, Subas ran a growing management consulting business in Oliver Wyman with 24 revenue generating Partners and another ~120 consultants with YoY global revenue of ~$130MM focusing on (a) digital strategy and acceleration including market infrastructure reorganisation; (b) digitalization of risk and regulatory compliance in banks and regulators; and (c) cost optimization across 3LoDs in tier-1 banks and FIs including corporate finance advisory for buyout and other strategic options. 

Subas was also a senior Partner at two Big4 Professional Services (2011-2017 at Ernst & Young, and 2005-2010 at PricewaterhouseCoopers) responsible for developing global strategy advisory practice for Banking transformation fuelled by disruption and technological advancement, supported with proper people and process strategies, and how to deliver an accelerated digital change, ethically and responsibly in a growing, emerging economy. In Thailand, he led digital banking transformation for 2 of the top 3 Banks head quartered in Bangkok over a period of 4 years.

Subas is also the Founder and currently non-executive Global Chairman of the International RegTech Association (IRTA), a premier non-profit association representing the RegTech firms, central banks/regulators, and innovators in ~30 countries.

Previously he has held External Advisory Board appointments to the United Nations Capital Development Fund (UNCDF) on two digital innovation missions in South-east Asia, including creating a digital identify platform in Nepal and helping the Ministry of Electronics and Information Technology of India to develop a digital identification platform (Aadhar) for 1.3BN Indian citizens.

Subas has also held international Expert Panel chair and member roles at the Harvard University Kennedy School of Business and Government on public policies, the Gates Foundation, and the United Kingdom FinTech Innovation Committee under the rules of the Her Majesty’s Treasury (HMT) division. 

14:0015:00

Financial health of third parties

14:00 - 15:00

  • How to get to a better place
  • Continuous monitoring
  • Checking in from a control perspective
  • Continuing operations
Justin K Boehm

Senior Manager

Ernst & Young

Justin K. Boehm is a Senior Manager in the Consulting practice of Ernst & Young LLP. He is a high performing risk and markets leader with 10+ years of strategic governance, operational and project management experience; interfacing with senior leadership and regulators across multiple disciplines – Brand / Reputational, Enterprise / Operational and Third Party risk.

Allie Foutch

Manager

Ernst & Young

Allie Foutch is a Manager in Ernst & Young’s Business Consulting Practice specializing in Credit Risk Management. Allie has eight years of experience in the Financial Services Industry at EY and at a global financial institution working in private banking and wholesale banking risk management. Allie has experience working with credit risk leadership across a wide variety of banking portfolios, as well as internal audit and regulators to drive credit risk management solutions.

15:0015:15

Break

15:00 - 15:15

15:1516:15

Exit strategy for leaving a third party

15:15 - 16:15

  • What do we do?
  • Identify accountabilities for the third-party
  • How to transition to another party or service
  • Bring back in house
Carolin Schönherr, CFA

Operational risk manager

Capula Investment Management LLP.


Carolin has built up a successful career across the three lines of defence at leading Investment Banks and Investment Managers - from Control Teams and Front Office to Operational Risk. In her current role at Capula, Carolin is accountable for the development and implementation of the Operational Risk Management Strategy, Framework and Policies. In both her executive and non-executive career, Carolin has significantly increased governance standards and created strategic direction to improve profitably and operational excellence. 
 

14:0015:00

Data and third-party risk management

14:00 - 15:00

  • Where is the data stored
  • Who has access to this data
  • Lasting effects of COVID-19 and the rise of remote working
    • Cyber risk
    • Technology risk
Subas Roy

CEO

ICAG Partners & global chairman, International RegTech Association

Subas is a CEO at ICAG Partners with over 20 years of strategic consulting experience in Banking and Financial Services inorganic growth, digital innovation and digital transformation. He has led and designed Digital Innovation, Regulatory and Financial Inclusion strategies for multiple central banks and regulators across Western Europe, North America and Asia Pacific regions. 

Prior to ICAG, Subas ran a growing management consulting business in Oliver Wyman with 24 revenue generating Partners and another ~120 consultants with YoY global revenue of ~$130MM focusing on (a) digital strategy and acceleration including market infrastructure reorganisation; (b) digitalization of risk and regulatory compliance in banks and regulators; and (c) cost optimization across 3LoDs in tier-1 banks and FIs including corporate finance advisory for buyout and other strategic options. 

Subas was also a senior Partner at two Big4 Professional Services (2011-2017 at Ernst & Young, and 2005-2010 at PricewaterhouseCoopers) responsible for developing global strategy advisory practice for Banking transformation fuelled by disruption and technological advancement, supported with proper people and process strategies, and how to deliver an accelerated digital change, ethically and responsibly in a growing, emerging economy. In Thailand, he led digital banking transformation for 2 of the top 3 Banks head quartered in Bangkok over a period of 4 years.

Subas is also the Founder and currently non-executive Global Chairman of the International RegTech Association (IRTA), a premier non-profit association representing the RegTech firms, central banks/regulators, and innovators in ~30 countries.

Previously he has held External Advisory Board appointments to the United Nations Capital Development Fund (UNCDF) on two digital innovation missions in South-east Asia, including creating a digital identify platform in Nepal and helping the Ministry of Electronics and Information Technology of India to develop a digital identification platform (Aadhar) for 1.3BN Indian citizens.

Subas has also held international Expert Panel chair and member roles at the Harvard University Kennedy School of Business and Government on public policies, the Gates Foundation, and the United Kingdom FinTech Innovation Committee under the rules of the Her Majesty’s Treasury (HMT) division. 

15:0015:15

Break

15:00 - 15:15

15:1516:15

Operational risk within third-party risk management

15:15 - 16:15

  • Third-party management cycle
  • Risk assessments
  • Effective controls
  • Operational risk best practices for third parties
Jason Sabourin

Third-Party Risk Product Manager

OneTrust Vendorpedia

Jason Sabourin is the Product Manager for OneTrust Vendorpedia – part of the largest and most widely used technology platform to operationalize third-party risk, security, and privacy management. In his role, Sabourin is responsible for driving the development and delivery OneTrust Vendorpedia’s product line, as well as driving the refinement of the toolset and offerings.  He takes a customer-based approach to product development and derives the majority of his backlog from customer feedback and direction.  Prior to OneTrust, Sabourin spent six years at Manhattan Associate’s as a Design Lead where he collaborated with customers and R&D directors to identify market trends and opportunities for efficiency gains within clients distribution centers by utilizing Warehouse Management for Open Systems (WMOS). Sabourin is a Certified Information Privacy Professional (CIPP/E, CIPM) and a Certified Scrum Product Owner. He holds a Bachelor of Engineering in Mechanical Engineering from Vanderbilt University.