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Event Information
Date: November 7, 2018
Time: 18:00 Registration | 18:30 - 20:00 Presentation | 20:00 - 21:00 Networking Reception
Location: ETC. Venues - St. Paul's
200 Aldersgate
London, EC1A 4HD
With digitisation and automation, financial institutions are utilizing models for an ever-widening scope of decision making. In response, regulators have increased scrutiny to ensure that financial institutions maintain effective and sustainable model risk management programs. Given the size and complexity of the typical model portfolio, the sophistication of both the algorithms and the underlying technologies, and the diversity of the environments in which they’re used, many organizations are struggling to meet this mandate. The panel will discuss how technology can assist with implementing effective and sustainable model risk management.
Discussion points
How to use technology to bring model risk management strategies to life?
How to document model development decisions in one centralized platform?
How to establish and maintain a model inventory that supports your internal policies and procedures across all business units?
How to engage the board, senior management, and internal audit teams in the review and validation process?
Speakers
Moderator: Pradip Lamsal, PRMIA London Steering Committee
Brian McConnell, Executive Director, Nomura
Brian McConnell is an Executive Director in Risk and Capital IT in Nomura where he heads up the Credit Risk IT delivery function. He specialises in the delivery of highly parallel architectures for Monte Carlo risk calculations. Brian has a PhD in Computer Science and prior to working in Finance conducted research specification, correctness and automated generation of parallel algorithms and lectured in Computer Science and Mathematics.
Paul Peeling, Senior Technical Consultant, Mathworks
Paul Peeling is a senior technical consultant at MathWorks, specialising in data analytics and signal processing. He works with customers to apply machine learning and data mining techniques to solve engineering problems, use robust software development techniques for writing code and graphical user interfaces; and optimise, verify, and deploy signal processing algorithms on embedded platforms. Prior to joining MathWorks in 2011, Paul worked at Featurespace, applying pattern recognition techniques to detect and combat online fraud. Paul has a Ph.D. in statistical signal processing from the University of Cambridge.
Grazia Rapisarda, Model Risk Consultant, Fidelity International Ltd
Grazia Rapisarda is currently working as a Model Risk consultant at Fidelity International Ltd, advising on Model Risk Framework design for the asset management activities. She has worked at RBS for several years, as Head of Wholesale Credit Risk Modelling first and as Head of Model Risk Governance more recently. She held similar modelling positions at Credit Suisse and worked as an economist for the Financial Services Authority (now PRA) in the early stages of her career. Grazia holds a PhD and a MSc in Economics from Southampton University and has covered academic positions at University College, Oxford, and at Ente L. Einaudi in Rome.
Sian Inch, Head of Model Validation, Close Brothers
Sian Inch is the Head of Model Validation at Close Brothers. She is responsible for the review and challenge of all models across the Group. She previously held roles in Barclays, RBS and Lloyds working on both model development and validation. She holds an MSc in Mathematics from St.Andrews University.
Chatham House Rule
This PRMIA event will operate under the Chatham House Rule that governs the confidentiality of the source of information received at a meeting. Speakers and delegates can be reassured that presentations, statements, as well as panel or audience interactions will not be subject to attribution to themselves or to the institutions with which they are affiliated. Participants are free to use the information received, but neither the identity nor the affiliation of the speaker(s), nor that of any other participant, may be revealed. Press will not be allowed in the meeting rooms during any sessions.
Thank you to our event sponsor!
Registration
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