2023 Agenda

2023 Agenda

2023 Agenda

08:5009:00

Main Stage | Risk Live
Bringing the hottest topics to life across risk management, risk transfer and non-financial risk

09:00 - 12:30

08:5009:00

Risk Live Europe Welcome - main stage
Welcome to the festival of Risk

09:00 - 09:10

Duncan Wood

Global editorial director

Risk.net

Duncan Wood is the London-based editor-in-chief of Risk.net. He was promoted to the role at the start of 2015, to lead the editorial reorganisation of the website and its print titles. Wood had been editor of Risk magazine since July 2011. He rejoined Risk as European editor in October 2009, having originally worked for Risk and Asia Risk in London and Hong Kong as a writer and researcher between 1998 and 2000.
In the intervening years, Wood was news editor for the Oliver Wyman-founded online start-up ERisk.com. He also worked freelance for six years while living in Germany, with his work featuring in Euromoney, Financial News, IFR, and The Wall Street Journal, as well as Risk magazine and its sister titles. Wood has written about derivatives and risk throughout his 17-year career in journalism. He is a Neal Awards finalist, and has won Incisive Media's journalist and editor of the year awards.

09:0009:20

Keynote address from a leading CRO - main stage

09:10 - 09:45

09:2009:40

Keynote presentation from regulator

12:30 - 13:15

10:0010:50

Panel discussion: Main events shaping risk climate in 2023

11:15 - 12:00

Economic recession, ongoing war in Ukraine, inflation, high interest rates, high market volatility, climate change: how are these and other events and pressures shaping the environment for financial risk managers in 2023?

 

Nick Silitch

Former- chief risk officer

Prudential

Jeremy Arnold

Chief risk officer

NatWest Markets

Jeremy Arnold joined NatWest Markets as chief risk officer in September 2018 and is responsible for leading the organisation's risk function by defining and delivering risk, conduct, compliance and financial crime strategies to support its ambition, strategy and risk appetite. He has extensive experience, spanning a variety of roles in trading and risk management over the past 30 years at a number of leading global financial institutions.

Sebastjan Smodis

AM EMEA CRO and Global Head of Investment Risk

UBS

Trevor Leydon

Global chief risk officer

Lombard Odier Investment Managers

Trevor Leydon oversees Aviva Investors' portfolio construction and risk for multi-asset strategies, providing overarching quantitative discipline to the portfolio management process. This includes monitoring and providing risk parameters for individual portfolios and top level reporting to senior management. Prior to joining Aviva Investors, he was responsible for UK and Ireland risk control at UBS Global Asset Management. Leydon joined the industry working for HSBC's investment bank in risk before moving to Santander's global banking and market risk team. He holds a masters degree in accounting and finance from the University of Ulster, having graduated from Dublin Business School. He is also a fellow of the Association of Certified Chartered Accountants.

 

 

Duncan Wood

Global editorial director

Risk.net

Duncan Wood is the London-based editor-in-chief of Risk.net. He was promoted to the role at the start of 2015, to lead the editorial reorganisation of the website and its print titles. Wood had been editor of Risk magazine since July 2011. He rejoined Risk as European editor in October 2009, having originally worked for Risk and Asia Risk in London and Hong Kong as a writer and researcher between 1998 and 2000.
In the intervening years, Wood was news editor for the Oliver Wyman-founded online start-up ERisk.com. He also worked freelance for six years while living in Germany, with his work featuring in Euromoney, Financial News, IFR, and The Wall Street Journal, as well as Risk magazine and its sister titles. Wood has written about derivatives and risk throughout his 17-year career in journalism. He is a Neal Awards finalist, and has won Incisive Media's journalist and editor of the year awards.

10:5011:30

Networking refreshments break

10:30 - 11:00

11:3012:00

Panel discussion: changing role of CRO / risk manager

09:45 - 10:30

Events and pressures discussed in the previous panel have an impact on risk managers’ function and day-to-day work. How do risk managers respond?

  • How is the skillset required for modern risk managers changing and becoming more complex?
  • Technology skills, and an understanding of global issues such as climate risk are becoming more important. What other skills are required from a modern risk manager?
  • Is the risk management function gaining more prominence and moving more towards the front office? Where does it belong within a bank/ financial organisation? Case studies from several organisations on restructuring of their risk management functions
Chris Knight

Group chief risk officer

Legal and General

Chris Knight took the role of group chief risk officer (CRO) in May 2021. For the previous three years he had been the chief executive of Legal and General’s retail retirement business, where he led the expansion of annuity propositions, developed one of the leading providers of lifetime mortgages and launched our financial advice and care businesses. Knight also serves as Legal and General’s customer champion, representing retail customers’ interests across the whole product range, a perspective he brings to his CRO role. He has previously held positions at Legal and General of finance director of the international division, and chief financial officer of Legal & General Assurance Society. Knight has a first-class economics degree from King’s College, Cambridge and has worked on four continents in a career spanning more than three decades. He is a Fellow of the Institute and Faculty of Actuaries.

Hanna Sarraf

Chief risk strategy officer

Starling Bank

Hanna Sarraf is a senior risk management executive, with over twenty five years’ experience in developing and implementing risk and regulatory management frameworks that deliver effective results in the financial services industry. He is currently the Chief Risk Strategy Officer at Starling Bank and was previously the Group Chief Risk Officer at Bankmed, a regional corporate, retail and private banking organisation with operations across the EMEA region. Prior to joining Bankmed, Hanna was the Group Executive, Head of Risk Strategy at Bank of Ireland and previously held senior risk and regulatory management consulting roles at Ernst & Young, KPMG and Accenture in the UK and globally.

Hanna’s international industry and client consulting experience spans a wide range of risk and regulatory management roles both at the strategic and execution levels gained with leading financial services organisations across all major industry segments in a wide number of geographic markets.

He holds a Specialised Master’s degree in Financial Engineering from the École Supérieure des Sciences Économiques et Commerciales (ESSEC) and an MSc in Finance from Dauphine University in France. He has authored many articles on financial risk management and is a frequent speaker at leading UK and international conferences.

Thomas Sheedy

Head of investment risk EMEA

Invesco

Julien Cuisinier

Head of Investment and Credit Risk

Artemis Fund Management

Julien joined Artemis in November 2019 to build their investment risk capabilities from the ground up including Market risk, credit risk, Liquidity risk & ESG risk oversight across all the mandates managed on behalf of clients. Prior to Artemis, Julien headed the front office investment risk team at Janus Henderson covering the EMEA mandates across asset classes. His responsibilities covered market risk advisory and oversight, liquidity risk management and support into the front office governance framework including best execution and product governance support.  Julien graduated from Brussels Free University in 2004 in Applied Economics and has completed the Certificate for Quantitative Finance and the CFA program.

12:0012:30

Panel discussion: technological innovation and disruption in risk management

12:00 - 12:30

Understanding technological innovation is essential for risk managers who want to stay at the forefront of their industry.

  • What new technologies are emerging?
  • How to use them in order to improve the effectiveness of risk management function?
Phil Harding

Commercial editor

Risk.net

Ilja Faerman

MD, Financial Engineering – EMEA

Numerix

Ilja Faerman is vice-president and head of client solutions group at Numerix. He has successfully delivered projects across Europe, the Middle East and Africa, covering pricing of complex derivatives in multiple asset classes and calculating market and counterparty credit risk figures for large portfolios of simple and complex instruments. Prior to joining Numerix, Faerman worked as a financial engineer and model validation analyst at Thomson Reuters. He holds a bachelor of science degree in business and computer science from the University of Rostock and an masters of science degree in finance from the Frankfurt School of Finance and Management.

12:3013:00

Expert session: model risk management (MRM)

12:30 - 13:00

Traditional models of risk management don’t always work in the current environment; it is not possible to use just one metrics - there is a need to stitch together various metrics and concepts. How can risk management become more contextual, realistic and scenario led?

  • Model validation
  • Using big data and advanced analytics for MRM
  • New legislation in he UK in model risk management

13:0014:00

Networking lunch
Including tech demos in the networking area

12:00 - 13:30

14:0014:30

Panel discussion: Focus on liquidity risk

16:10 - 17:30

Managing liquidity risk, especially in buy-side firms and smaller banks has become a significant challenge. What are the ways to address it?

  • Updates on latest FCA recommendations on liquidity risk
  • Liquidity stress testing
  • Using side pockets for certain types of assets for managing liquidity risk at buy-side firms
  • Investment risk/ liquidity risk on private assets such as direct real estate, infrastructure, private equity / debt 
Julien Cuisinier

Head of Investment and Credit Risk

Artemis Fund Management

Julien joined Artemis in November 2019 to build their investment risk capabilities from the ground up including Market risk, credit risk, Liquidity risk & ESG risk oversight across all the mandates managed on behalf of clients. Prior to Artemis, Julien headed the front office investment risk team at Janus Henderson covering the EMEA mandates across asset classes. His responsibilities covered market risk advisory and oversight, liquidity risk management and support into the front office governance framework including best execution and product governance support.  Julien graduated from Brussels Free University in 2004 in Applied Economics and has completed the Certificate for Quantitative Finance and the CFA program.

Sebastjan Smodis

AM EMEA CRO and Global Head of Investment Risk

UBS

Lu Li

Managing director and head of investment risk management for EMEA & APAC

Nuveen

14:3015:05

Expert session: New drivers in credit risk

14:30 - 15:05

Rising interest rates, geo-political pressures and other factors are having an impact on banks’ lending books and on credit risk. How will credit risk managers respond to these new threats?

  • Managing credit risk in high interest rate environment
  • War between Russia and Ukraine and other geo-political factors - how they affect credit risk and what are possible solutions?
  • Impact of climate scenarios on credit risk measures
  • Credit risk modelling using natural language processing (NLP) and transformer models
Andreea Petreanu

Head of Credit Risk

Mizuho International

Andreea Petreanu is currently Head of Credit Risk Management at Mizuho International in London. Over the past 20 years, she has had various risk management roles with global investment banks such as Morgan Stanley, HSBC, Merrill Lynch, Bank of America and VTB Capital. Andreea is also an Independent Non-Executive Director and Chair of the Risk Committee of Globalworth, a leading real estate investment company in Central and Eastern listed on AIMS with portfolio value over EUR3bn.  Andreea’s educational background includes an Executive MBA from the University of Cambridge, Judge Business School and an MSc in Insurance and Risk Management from City University, CASS Business School. She is also an Associate of the Chartered Insurance Institute in London.

Salvatore Bilotta

EMEA Head of Credit RIsk Management

Nomura

15:0515:45

Panel discussion: focus on risk management in trading

15:05 - 15:45

  • VOLATILITY – buzz word of 2022. Modelling and managing volatility in trading books. What technologies are available?
  • Derivatives trading and pricing. Counterparty risk. Latest news on CVA/ XVA
  • Managing trading risk at the backdrop of rising interest rates
  • How trader can build an effective risk management system to protect capital from losses?
Jasper Livingsmith

Director, Treasury

EBRD

15:4516:15

Networking refreshments break

15:45 - 16:15

16:1516:35

Expert presentation: Machine Learning (ML) and Artificial Intelligence (AI)

16:15 - 16:35

  • Opportunities and potential pitfalls of using AI in risk management
  • Explainable AI (XAI) and how it can be used
  • UK: the role of BoE in AI and ML

16:3516:45

Soapbox presentation: Lessons learnt after the collapse of FTX

16:35 - 16:45

Lessons learnt after the collapse of FTX - an organisation that did not have robust risk management in place. Challenges in regulation of digital assets.

Dina Tsarapkina

Co-Founder & Co-Chief Investment Officer

Syncretic Capital

Dina Tsarapkina is the Co-Chief Investment Officer and co-founder of Syncretic Capital, a new cyclical multi-strategy hedge fund focused on digital asset markets. Prior to launching Syncretic Capital, Dina was at Bridgewater Associates for 4+ years where she worked for Co-Chief Investment Officer Bob Prince, prototyping new investment and portfolio concepts, as well as in trading analytics assessing trade execution and market liquidity. Alongside her co-founder Ross Tan, she helped originate and lead Bridgewater’s research on the crypto and digital assets space from late 2020. Prior to her time at Bridgewater, she worked as a quant at Goldman Sachs within private markets, and in exotic derivatives at Scotiabank. She has a Master in Quantitative Finance from the University of Waterloo, and a Bachelor in Scientific Computing & Numerical Methods (1st in class), and Financial Modelling (also 1st in class) from the University of Western Ontario. 

 

17:0017:30

Concluding keynote presentation on the future of risk management

17:00 - 17:30

17:3019:00

Networking gala

17:30 - 19:00