SPEAKERS

CASE STUDY DAY 1

Establishing Operational Risk Limits and Key Indicators of Individual Operational Risk Areas

This presentation will discuss Nordea’s considerations when defining risk limits and Key Risk Indicators for some of the level 2 operational risk areas – the level below operational risk.

• What is the purpose of the risk limit and Key Risk Indicators, why are they needed?
• Discussion regarding design principles for Key Risk Indicators
• How to balance between quantitative and qualitative risk indicators
• Should there always be an option to “override” the quantitative outcome of the Key Risk Indicators with professional engagement if needed

CASE STUDY DAY 1

Anticipating the Fallen Angels

Anticipating the downgrade and, eventually, the default of a client is key to controlling a bank normal cost of risk. In addition to the traditional risk framework, some banks currently use a prediction model based on machine learning to address this challenge. This presentation aims to give an overview of the current state-of-art of the early warning framework.

CASE STUDY DAY 2

Global Read-Across: How to Minimise Recurrence of Repeated Failures

Global Read-Across is a key element of the effective ORM framework focusing on identification of underlying risk drivers, root causes and their applicability across the organisation with the objective to minimise the likelihood of potential recurring risk events. This is achieved through analysis of the risk drivers, lessons learned and identification of control improvements to sustainably address potential failures to occur elsewhere in the organisation.

• How to design a reasonable stress testing for banks of a specific country?
• Choosing probability functions depending on the variables to stress

Your objective is to be able to rate all the banks with or without an external rating for a specific country. Gaining sensibility to the probability of default of any bank by defining the credit profile using Monte Carlo.

CASE STUDY DAY 2

Future Proofing the Right Competence in the Information Security & Tech Areas

Information security is not just about securing the IT systems but also about securing staff and getting access to all the different types of capabilities required to meet the fast-moving digital reality. We need to ensure that we are offering a workplace where people are allowed to grow and develop. Pernilla will talk about how Swedbank works with attracting, motivating and retaining tech competence. She will also talk about how to actively recruit with gender equality and diversity perspectives in mind to ensure not to miss out the best talents due to having too narrow view.

CASE STUDY DAY 1

OpRes and OpRisk – Conjoined Twins or Split Personalities?

This talk will provide some context into the alignment the differences between operational resilience and operational risk management and highlight examples from the banking world on these two very important areas.

• Introduction to Operational Resilience (OpRes) and Operational Risk (OpRisk) management
• The relationships and differences between OpRes and OpRisk management
• Examples from the banking world
• Towards a robust risk management framework utilising both OpRes and OpRisk management frameworks