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 market volatility, climate change: how are these and other events and pressures shaping the environment for financial risk managers in 2023?

 

CROs and heads of market risk from investment banks and buy side firms from the UK and continental Europe are being invited

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.

Sebastjan Smodis

AM EMEA CRO and Global Head of Investment Risk

UBS

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.

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
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.

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.

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?

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

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

CROs and Heads of credit risk from banks are being invited

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?

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 crypto assets.

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