A Framework for Integrating Climate Risk into Financial Risk

A Framework for Integrating Climate Risk into Financial Risk
Thought Leadership Webinar:  This webinar outlines how a financial institution might develop a framework for integrating climate risk into its financial risk management structure to begin preparing for the eventual regulatory climate risk and stress test reporting mandates.
 
  Date:
August 17, 2022

  Time:
10:00 - 11:00 a.m. EDT
3:00 - 4:00 p.m. BST

  Presented By:
William Hahn
Partner, Head of Model Risk and Analytics
TCS Tata Consultancy Services

 Session Length:
60 minutes

 

About This Webinar

This webinar is based on the paper published by the PRMIA Institute, Framework for Integrating Climate Risk into Financial Risk Management. Download it and review it to prepare for this insightful presentation.

Central banks and financial regulators around the globe have entered into the climate policy arena and proclaimed the need for financial regulations to address climate change, and in particular, its effect on the stability of the banking and financial system. 

Financial stability ultimately means ensuring adequate capital under various “stress” scenarios.  Financial risk management is a method for measuring and assessing the risk of loss (capital).  Incorporating climate risk into the bank’s financial risk management system that have been built and honed over the years following the Great Recession under Basel, CCAR and ICAPP regime will require changes in the enterprise risk governance policies and processes, but need not require any fundamental structural changes to the bank’s risk management system.  Along with changes in governance, two other pillars of sound enterprise risk management practice in particular- data, risk measurement & reporting and risk management-will need to be addressed to incorporate climate risk into Bank’s financial risk management practice.

About Our Experts  

  
 
   

 

Will Hahn is a partner with TCS CRO Risk Advisory where he leads their Model Risk and Analytics practice. Will has over 20 years of experience in the areas of market and credit risk management, portfolio management, quantitative modeling, treasury risk and balance sheet management, and capital planning. Prior to TCS, Will has led the model risk and financial risk management advorsory practice at Big Four consutlancies and has held senior and executive level risk managment positions at global banking and financial services organizations.

Will holds an MBA (Hons.) in finance and exonomics from The University of Chicago Booth School of Business, JD from Loyola Unviversity of Chicago, and a BS from the University of Illinois at Urbana Champaign.

 
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 [email protected].

  Registration  
  Membership Type Price  
       
  Members (Sustaining, Corporate, RIM & Contributing)
COMPLIMENTARY  
  Non Member $30 USD
 
       

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When
8/17/2022 10:00 AM - 11:00 AM
Where
Thought Leadership Webinar
 

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