Panel Discussion 1:
FRTB Implementation in Asia
While the COVID crisis caused the Basel Committee to delay the go-live date for the Basel III regime and its market risk component, FRTB, by a year, the added time comes with higher expectations for banks' implementation of the new rules. With the extra year now coming to a close, we will discuss key remaining issues for FRTB implementation in Asia, covering both regional and global challenges arising from this significant change in market risk capital rules.

Panel Discussion 2:
Why Is Credit Risk More Important Now?
The Covid-19 pandemic has triggered the steepest global slump on record and caused a seismic shift in the economy and unprecedented increases in credit uncertainty and impairment. While the stimulus-fueled rally in credit markets since March has helped borrowers stay afloat during the coronavirus crisis, an increase in corporate debt poses various risks. Join our subject matter experts to learn how you can identify, assess, monitor, and control credit risks.

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Agenda

Speakers

CRL Credits

Date:
November 18, 2020

Time:
9:00 - 10:45 a.m. HKT/SGT
on Nov. 18, 2020
8:00 - 9:45 p.m. EST 
on Nov. 17, 2020

 
Location:
Virtual on the GotoWebinar platform. Log-in information will be sent to you after you register. This is a one person use code. Please also note that registration requires two steps to complete prior to receiving your link.

This event is being recorded, and a copy of the recording will be sent to each registrant following the event. We follow Chatham House Rule. 

Speakers
		David Croen, Global Head of Credit Risk Products, Bloomberg L.P. David Croen is head of credit risk products for Bloomberg, L.P., working on the firm’s enterprise risk services business. Prior to joining Bloomberg, David led risk management and valuation for global banks and asset managers, with specialization in credit and securitization. He contributed to the President’s Working Group on Financial Markets Best Practices for Risk Management (2008), and has advised U.S. regulators and accounting firms on complex structured finance transactions. David earned a B.A. in Applied Mathematics and an MBA in Finance, both from the University of Rochester.
		Christoph Michel, Founder and CEO, MCN Advisory Ltd. Christoph Michel is founder and CEO of MCN Advisory Ltd., a risk consulting firm specializing in strategic risk governance and decision making in financial institutions. Previously, Christoph was Managing Director and Chief Risk Officer of a global bank, responsible for Market, Credit and Operational Risk as well as Compliance for the Asia Pacific Region, based in Hong Kong. Christoph has 25 years of experience in senior management positions in front office, risk, operations and finance functions in commercial and investment banks as well as in hedge funds in Europe and in Asia. His previous employers include JP Morgan, UBS, Credit Suisse, CLSA and Nomura. Christoph studied Mathematics, Economics and Business Administration, earning an M.A. degree from University of Zurich and an M.Sc. from the University of London, and served in the military as Air Force battalion commander.
		Eugene Stern, Global Market Risk Product Manager, Bloomberg L.P. Eugene Stern is head of Bloomberg's MARS Market Risk business, which ties together Bloomberg's market and reference data and instrument-level analytics into a comprehensive market risk system for both risk managers and the front office. MARS Market Risk is used by buy and sell side institutions for internal risk management and regulatory capital calculations (Basel 2.5, FRTB). Eugene helped start the business and has held a number of different leadership roles in product management, implementations, and client services. In previous lives, he was a quant and then head of risk products at RiskMetrics, and before that an assistant professor of math at the University of Pennsylvania.
		LOK HoSun, V.P. Valuation Methodology and Digital Solutions, Citibank Experienced Vice President with a demonstrated history of working in the financial services industry. Skilled in Big Data Analytics, Business Intelligence, Digital Transformation, Equity Derivatives Valuation Control Methodology and Risk Management. Strong professional with a Master's degree focused in Business Analytics from The Hong Kong University of Science and Technology.
		Ken Radigan, Chief Executive Officer, PRMIA Moderator Ken Radigan, PRM, is currently the CEO of the Professional Risk Managers’ International Association (PRMIA). Ken also served as Board Member, Treasurer, Chairs of the Finance and Ethics Committees, and Director of the New York Chapter for PRMIA. Ken is also a lecturer at Columbia University’s Master of Professional Studies in Insurance Management. Ken also served as the Chief Risk Officer (CRO) for US and Bermuda platforms of Aspen. Prior to this, Ken was the CRO for the Casualty and Global Risk Solutions Divisions of AIG. Ken had worked at AIG for over 25 years and during this time he had the following responsibilities: CRO of Casualty and Global Risk Solutions, Director of Corporate Catastrophe Modeling, and actuarial analyst for the Corporate Actuarial Department. Ken was also the inventor of two US Patents on Nuclear Decommissioning Insurance.

PRMIA Continued Risk Learning (CRL) programs provide you with the opportunity to formally recognize your professional development, documenting your evolution as a risk professional. Employers can see that you are not static, making you a highly valued, dynamic, and desirable employee. The CRL program is open to all Contributing, Sustaining, and Risk Leader members, providing a convenient and easily accessible way to submit, manage, track and document your activities online through the PRMIA CRL Center. To request CRL credits, please email [email protected].

This event is FREE for members and non-members, although registration is required. Click "Register Myself" below to reserve your spot. Make sure to click "Continue" to proceed with your registration. (If this is your first time accessing the PRMIA website you will need to create a short user profile to register.) Support events like this by becoming a member.