Day One: Tuesday, April 28, 2020
08:00
60 minRegistration and Continental Breakfast
09:00
10 minWelcome and Opening Remarks from the Chair
09:10
50 minOperational Risk Management: Adding Value to the Business
Rex Alex, Assistant Vice President, Operational Risk, Canadian Western Bank
- Need for Operational Risk Management Framework
- How Operational Risks relate to Credit and Market Risks
- Key tools used for effective implementation of Operational Risk Management Framework
- Overcoming resistance and positioning as a value enabler
- Examples when operational controls fails
10:00
15 minBreak
10:15
60 minHow Marketing and Branding Activities Can Effectively Bring Your Organization’s ERM Framework to Life
- Tips on describing 3 lines of defence
- How to build risk appetite statements that are used across the organization
- How to describe your organization’s risk profile in a digestible way
11:15
60 min
Elements of a Robust Governance Framework
Saad Ali, Director, Governance, Controls & Operational Risk, CIBC
- Critical elements of a Governance Framework
- Regulatory requirements for Corporate Governance (including OSFI and SOX)
- How business changes impact the risk assessments
- Reviewing industry events for risk incidents and assessing impact on the business
- Creating a Risk Profile for each Line of Business to identify areas requiring enhancements
12:15
60 minLuncheon
13:15
60 minReal-Life of Quantitative Convergent ERM to Solve Real Life Problems
- A real life case history. Multi country, multi-operations, diversified products.
- Why a convergent quantitative ERM was necessary.
- How such an endeavor is setup
- How it was successfully implemented, including interdependencies
- How results are displayed and used to enhance decision-making
14:15
60 minOperational Risk Managers: Best (and Worst) Practices Workshop
- What OR managers are supposed to do
- Being effective on a limited budget
- (Mis)identifying hazards, and (mis)calculating risk
- Risks that affect you most
- Measuring operational risk culture
15:15
15 minBreak
15:30
60 min
Strengthening Cyber Risk Programs in Regulated and Non-Regulated Environments
Richard Cartwright, Senior Program Management Consultant, MZP Solutions
- What is a GRC Cyber Risk and Cybersecurity Program (and what are global industry best practices critical to the success of the program)
- Why and how do we make targeted improvements to Cyber Risk programs
- How do we assess and manage cyber threats, vulnerabilities and risks based on risk profiles and the value at risk
- How do we demonstrate success of a strengthened cyber risk and cybersecurity program through the use of KPIs and KRIs
- How do we ensure that operational risk management, enterprise risk management and enterprise cybersecurity programs are well aligned
16:30
End of Day One
Day Two: Wednesday, April 29, 2020
08:00
60 minRegistration and Continental Breakfast
09:00
10 minWelcome and Opening Remarks from the Chair
09:10
50 min
Facing Uncertainty with Business Continuity Management
- Understanding Business Continuity Planning
- Why Is Business Continuity Planning Important?
- How To Create A Successful Business Continuity Plan?
- Responding To A Disruption Scenario.
- Importance Of Effective Communication During A Crisis Situation.
- Maintaining Your Business Continuity Plan
10:00
15 minBreak
10:15
60 min
The Emergent Non-Financial Risk Environment: Perspective Towards 2030
Tanna Brodbar, Vice President, Operational Risk Management, Great-West Lifeco
- How the non-financial risk profile is evolving
- The coalescence of non-financial risks and how to manage it
- How the demands of the emergent risk environment may impact the lines of defence model
- The organizational conditions that must be put in place now to be ready for managing risk in the future
11:15
60 min12:15
60 minLuncheon
13:15
60 min
Costs and Response Strategies for Cybersecurity Incidents
Michael Leung, Founder & Management Consultant, Canadian Cybersecurity Inc.
- Hear about the latest cyber-attack statistics on Canadian businesses
- See the breakdown of activities and the cost of a data breach for Canadian businesses
- Leverage your ERM categories to define your organization’s potential impact of a cyber incident
- Learn about the phases of an incident response, and strategies on responding to major breaches
- Hear about some caveats to cybersecurity insurance
14:15
60 min
The Risks of Ignoring People When Leading Change
Mumtaz Chaudhary, Executive Director & Co-Founder, Pragilis Solutions Inc.
Shaheen Chaudhary, Executive Director & Co-Founder, Pragilis Solutions Inc.
- The key trends driving change in the next decade
- Why chief risk officers must also be chief change officers
- The top 3 organizational change risks (and how to overcome them)
- Why change is hard for most people
- Strategies for leading successful change initiatives
15:15
15 minBreak
15:30
60 min
Operational Risk: What the Future Looks Like
Sarah Reppchen, Cluster Leader Financial Services Western Canada, Risk Advisory, Deloitte
- Global and Local Trends: Emerging Risk areas to be looking out for
- Technology: How to leverage new technology and analytics to identify & mitigate risk and reduce costs of compliance
- Data Intelligence: How to predict risk and leverage internal and external data
16:30
End of Day Two