Evolving Role of Credit/Counterparty Risk in US, CA & LATAM

Evolving Role of Credit/Counterparty Risk in US, CA & LATAM
Explore the impact of COVID-19 and gain critical insights to a way forward in the United States, Canada and LATAM markets. Globally, the COVID-19 pandemic, has changed both our individual behaviors and economies. Business leaders and risk managers face a growing list of new risks, challenges, and opportunities involving credit and counterparty risks. In order to not only survive but succeed in this ever-evolving landscape, there is an urgent need to identify, assess, manage and control these credit risks.
 
  Date:
April 8, 2021

  Time:
4:00 - 5:00 p.m. EDT

  Session Length:
60 minutes



  Sponsored By:
Bloomberg, L.P.

  Location:
Virtual Event

Agenda  
  Time   Event  
         
  4:00 p.m. - 4:05 p.m.
  Welcome and Introductions  
         
  4:05 p.m. - 4:10 p.m.
  Brief Overview by David Croen, Bloomberg  
         
  4:10 p.m. - 4:50 p.m.
  Moderated Panel Discussion  
         
  4:50 p.m. - 5:00 p.m.    Audience Q&A  
         
  5:00 p.m.    Thank you and closing  


This Bloomberg-sponsored event, hosted by PRMIA New York's  focus is on the North American, Canadian and LATAM markets, and will bring sharper focus to these issues. Industry and thought leaders from banking, finance, and regulatory domains will explore insights and perspectives, including strategic and practical solutions to these complex credit risk challenges. Participants will include Chief Risk Officers, Directors of Credit Risk, Directors of Counterparty Management, Loan and Collateral Officers, Academics, and other leaders from the Banks, Asset Management Companies, Non- Banking Finance Companies, Insurance Companies and Regulatory Organizations.

Speakers  
       
  David Croen, 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.



 
       

 Brad Foster, Head of Enterprise Content, Bloomberg L.P.

Brad joined Bloomberg in June 2017 and currently manages the Content business within Bloomberg’s Enterprise Data business.                                                                                            
His product remit includes Reference Data, Regulatory & Accounting Products, Risk & Investment Data Analytics, including Bloomberg’s Liquidity Assessment (LQA) Product, and Pricing.
 
Prior to joining Bloomberg he spent almost 20 years on the sell-side in multiple locations including London, Tokyo and New York. He worked at Deutsche Bank for more than 16 years as a Managing Director in Fixed Income, Global Finance & Foreign Exchange including Structured Finance as well as front office risk management where he managed a team of risk professionals that built a cross-product margin and risk platform and across multiple global regulatory initiatives. He started his career at Credit Suisse First Boston in the market risk management group.
 
 
       
   
 Sema Kirdar, Market Risk Director, Market and Counterparty Risk, Wells Fargo

Sema Kirdar, head of Enterprise Counterparty Risk Oversight and Architecture, is responsible for front line oversight, risk methodology, and risk architecture strategy and execution for Enterprise Counterparty Risk Management in Market and Counterparty Risk Management organization of Corporate Risk for Wells Fargo.

Sema joined Wells Fargo in 2016 and has 20 years of experience in capital markets risk management with a variety of roles in financial services organizations in the US and Canada.  Prior to joining Wells Fargo, she was at UBS in New York most recently responsible for Front Line risk management of FCM Cleared Derivatives globally and co-head of Prime Brokerage risk management in the Americas region.  She held various roles in market risk, structured credit risk, and model validation across her time at UBS in New York and Royal Bank of Canada in Toronto, Canada.  Sema also worked at a global investment bank in Istanbul, Turkey, covering private equity investments and initial public offerings in the region and she started her career as a financial trading pit operator at Montreal Exchange, in Montreal, Canada. 

Sema holds an undergraduate degree with major in finance and economics from Concordia University in Montreal, Canada and a graduate degree in quantitative finance from University of British Columbia in Vancouver, Canada.  She resides in Charlotte, North Carolina, with her family.


 
       
  Milton Roberts, Chief Credit Officer, Natixis in the Americas

Milton Roberts is the Chief Credit Officer for Natixis in the Americas, and has spent almost 20 years in credit risk roles. 

Prior to joining Natixis, Milton spent time in credit risk roles at Credit Suisse and Macquarie, including 7 years as the US Chief Credit Officer at Macquarie.  Earlier in his career, he worked in corporate and international tax advisory roles at Deloitte and PricewaterhouseCoopers.

Milton holds a Master of Tax Degree from University of New South Wales as well as a Bachelor of Laws Degree / Bachelor of Commerce Degree from Griffith University.
 
 
       
   

Moderator:


Dan McElligott, Executive Director, Counterparty Credit Risk Management, DTCC

Dan McElligott is an Executive Director and leads the Counterparty Credit Risk team at the Depository Trust & Clearing Corporation (DTCC).  He has oversight for DTCC’s analysis, approval, and ongoing credit surveillance for all members of DTCC’s clearing agencies.  Dan also serves as a member of DTCC’s Systemic Risk Council and Enterprise Stress Testing Committee.  He previously created and led the Market Analytics team at DTCC, which provided forward-looking macroeconomic analysis on the global economy and global financial markets in order to encourage a proactive approach to risk management.

Prior to joining DTCC in 2012, Dan was a U.S. Equity Strategist at J.P. Morgan, where he analyzed macroeconomic, credit, and equity market trends to develop investment insights and strategies for institutional investors. His reports and analyses were featured on news outlets and publications including CNBC, Bloomberg, and Barron’s.

Daniel holds an A.B. degree in economics and engineering from Brown University and is a CFA Charterholder. 
 




  Thank You To Our Sponsor  
     
 

 
     

Continued Risk Learning Credits: 1

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 events@prmia.org.

Registration

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

 
When
4/8/2021 4:00 PM - 5:00 PM
 

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