Programme

Programme

2019 Conference programme

Conference Day 1 - 28 May, 2019

09:00

Registration

09:25

Conference Chair opening remarks

June Crawford, Head of Singapore Chapter, INSTITUTE OF OPERATIONAL RISK

09:30

Keynote address: What is our current state in risk management and business culture and is it where we want it to be?

Dr John Lee, Country CEO & CEO, MAYBANK SINGAPORE

10:10

Panel discussion: Conduct Risk Modelling – what works and what doesn’t?

  • Identifying good conduct, compliance and risk management practices at a strategic level
  • Understanding the current conduct regulation climate in Asia
  • Allocating resources to achieve balance between meeting the demands of regulation and effective risk management whilst being on top of costs
  • Responsibility for conduct risk between the first, second and third lines of defence
  • Identifying strong control, governance, training and a risk management processes to ensure corporate conduct and compliance is in place
  • Lessons learned from conduct failures in the past

Moderator:
Tom Osborn, Desk Editor, Risk.net

Panellists:
Cherie Chan
, Group Head, Risk Management Group - Operational Risk, DBS BANK
Khushwant Singh, Head Operational Risk, Group Global Banking, MAYBANK
Venkatesh Subbaraman, Regional Chief Operating Officer, Institutional Banking, ANZ
Urban Wilde, Regional Chief Risk Officer, EFG BANK

11:00

MORNING NETWORKING BREAK

11:30

Vendor Risk Management: Overcoming Today’s Most Common Security & Privacy Challenges

  • In this session, we'll breakdown a six-step approach for automating third-party vendor risk management and explore helpful tips and real-world practical advice to automate third-party privacy and security risk programs.

  • Review the drivers and challenges organizations face when managing third-party vendor risk
  • Identify priorities before, during and after vendor procurement
  • Takeaway a six-step approach for automating the third-party vendor risk lifecycle
  • Hear real case studies from privacy experts on how to practically tackle the third-party vendor risk

Rapheepong Ghai, Certified Information Privacy Professional, Privacy Consultant, ONETRUST

12:20

LUNCH

13:20

Panel discussion: Using advanced detection and prevention technologies for AML

  • Moving from a rule led to an intelligence-led AML detection system - Mining unconventional transaction patterns
  • Best practices for connecting the technical aspects of AML with people and process risks for better monitoring and control
  • Accessing automated transaction screening and monitoring solutions and understanding how current cyber risk management frameworks monitor, respond and investigate
  • Regulating and promoting increased information sharing between financial institutions – could this also be seen as an alternative solution?

Moderator:
Alexander Campbell, Divisional content editor, RISK.NET

Panellists:
Richard Carrick
, Regional Head Financial Crime Assurance (APAC), BARCLAYS
Praveen Jain, Head of Financial Crime Compliance, STANDARD CHARTERED BANK
Roy Teoh, Head of Asia Operations, WESTPAC BANKING CORPORATION

14:00

Emerging trends in operational risk stress testing

  • Why is the assumptions underlying the AMA model being challenged?
  • Capturing relationships between operational losses and macroeconomic conditions
  • Establishing appropriate differentiation between operational risk estimations under normal and stressed macroeconomic conditions
  • How to use operational risk stress testing to create value beyond regulatory compliance
  • Future of operational risk stress testing

Vishal Kapoor, Executive Director, Functional Audit Head for Risk and Group Finance, DBS BANK

14:40

AFTERNOON NETWORKING BREAK

15:10

Fireside Chat: Risk data analytics – the most talked about

  • Latest trends on data analytics – data exploration, segmentation, statistical clustering, predictive modelling, event simulation as well as scenario analysis
  • Monitor performance through risk sensitivity analysis, model key risk events scenarios – the most risk intelligent method in developing intervention and mitigation strategies?
  • Leveraging machine learning and data analytics for advanced risk detection and prevention
  • Regulating data analytics with stress testing as a tool for systemic risk

Moderator:
June Crawford, Head of Singapore Chapter, INSTITUTE OF OPERATIONAL RISK

Panellists:
Martin Leo
, Managing Director, Regional Head of Technology Business Controls, STATESTREET
Simon Goo, Executive Director Head, Risk Analytics, UOB

16:00

The top 10 pitfalls/trends Operational risk practitioners to watch for in 2020

Given the ever-changing changing environment, this session will discuss the key operational risk pitfalls & trends which practitioners would need to be conscious of in 2019 and beyond.

Mohit Tandon, Chief Operating Officer (COO), EASTSPRING INVESTMENTS BERHAD

16:45

END OF DAY 1

Conference Day 2 -29 May, 2019

09:00

Registration

09:20

Panel discussion: Strengthening cyber risk management and resilience to mitigate the ongoing threat landscape

  • Challenges in developing a cyber-risk management approach within a bank
  • How is the management of cyber risks evolving in the face of a persistent and growing threat
  • How to apply scenario based analysis and how this can work within a banking risk framework.
  • Tools to effectively support massive amounts of structured and unstructured operational data
  • Grey areas for cyber risk policies and data privacy -  a new challenge

Moderator:
Tom Osborn, Desk Editor, RISK.NET

Panellists:
Samir Aksekar
, Former Executive Director - Cybersecurity & Technology Controls, JP MORGAN SINGAPORE
Felicia Ong, APAC Head of Technology Risk, CREDIT SUISSE
Neil Robinson, Managing Director, Information Security & Cyber Risk, STANDARD CHARTERED
Kunal Sehgal, Managing Director, GLOBAL RESILIENCE FEDERATION APAC

10:10

Interactive session: Cyber risk war games

With the advancement of technology cyber-attacks on financial institutions have been one of the most problematic issues for enterprises. Though investing on technologies can effectively prevent large numbers of cyber risk attacks, however, some incidents will escalate into significant business crises. Even with well-documented response plans, few organizations are sufficiently prepared. Because the threat landscape changes rapidly, responses cannot be perfectly scripted.

Here in this session we will simulate a real life cyber risk attack. Midway during the exercise, there will be an added challenge. This will test Operational Risk Heads and Managers in groups will be asked to actively think on their feet and come up with a plan to counter these challenges. Group leaders will present all findings on stage.

Group leaders:
Samir Aksekar
, Former Executive Director - Cybersecurity & Technology Controls, JP MORGAN SINGAPORE
Ruth Crossley, Former Executive Director Technology & Cyber Security Operational Risk Management, JPMORGAN CHASE & CO.
Neil Robinson, Managing Director, Information Security & Cyber Risk, STANDARD CHARTERED BANK
Kunal Sehgal, Managing Director, GLOBAL RESILIENCE FEDERATION APAC

11:30

MORNING NETWORKING BREAK

12:00

Practical application of AI and ML in operational risk while balancing innovation with security

  • Auditing AI and Machine Learning outcomes
  • Strategic partnerships and use of data
  • Implementing AI in a proper and managed way whilst satisfying duty to customers
  • Ethical considerations: Should AI be reading into personal life
  • How algorithms interact with other algorithms

Phil Gray, Founder, Lions Not Dogs

12:30

LUNCH

14:00

Presentation: Reviewing the risk of vendor and third party risk to effectively monitor and manage all outsourced activity

  • Understanding vendor and third party risk 
  • Monitoring and managing the relationship in an operational risk framework
  • Formulating an effective end-to-end risk assessment framework
  • Risk assessments techniques – is this vendor right for you?
  • Managing objectives expectations and requirements of third parties

Martin Leo, Managing Director, Regional Head of Technology Business Controls, STATESTREET

14:50

AFTERNOON NETWORKING BREAK

15:10

Fraud War Game

This session is designed to highlight the process of behaviour analysis using sample data collected through multiple channels within a bank.

16:00

Roundtable discussions: Bring your questions, leave with your answers!

From session to roundtable - Take the day's most contentious issues and fully engage with your peers in small interactive roundtable discussions to drill down, share best practice and take away diverse approaches to the same challenge from your fellow industry peers.

Phil Gray, Founder, LIONS NOT DOGS
Khushwant Singh, Head Operational Risk, Group Global Banking, MAYBANK
Mohit Tandon, Chief Operating Officer, EASTSPRING INVESTMENTS BERHAD

16:30

END OF CONFERENCE