Day One: Tuesday, October 5, 2021
10:30 EDT ( 07:30 PDT )
15 minWelcome and Opening Remarks from the Chair
Andrew Richardson, Managing Director, Simplified Risk Management
10:45 EDT ( 07:45 PDT )
60 min
Operational Risk and Resilience
11:45 EDT ( 08:45 PDT )
60 minThe Evolution of Risk Culture at Scotiabank
Lisa Dyal, Senior Manager, Enterprise Risk Culture, Scotiabank
- What is Risk Culture and Why is it Important?
- Evolution of Scotiabank’s Risk Culture Program
- Scotiabank’s Risk Culture Survey
- Survey Lessons Learnt
12:45 EDT ( 09:45 PDT )
45 minBreak
13:30 EDT ( 10:30 PDT )
60 min
Embedding Risk Culture in a Medium Sized Financial Services Company
Tracey Chinman, Vice President, Operational and Non-Financial Risk, Home Trust Company
- What is risk culture?
- Implementing a risk culture framework
- Monitoring risk culture
14:30 EDT ( 11:30 PDT )
60 min
The Power of Partnership: Optimizing Operational Risk Management by Expecting more from Internal Audit
Kendra Holland, Chief Credit and Risk Officer, connectFirst Credit Union
Rachael Golembuski, Chief Audit Officer, connectFirst Credit Union
- The management of operational risk is everyone’s job; tips for communicating clearly across the Three Lines
- It takes two to tango; the role Internal Audit plays in optimizing operational risk management
- Let’s be partners and have a #piñacolAudit
- Cooperation makes it happen; how to share resources so everybody wins
- Telling the story of success through separate yet coordinated view
15:30 EDT ( 12:30 PDT )
60 min
Identify and Mitigate Emerging Risk
Lekan Akindele, Director, Enterprise Risk Management, American Express Canada
- Defining your organization’s Emerging risks vs Core risks
- Setting the right risk criteria for emerging risk identification
- Engaging key stakeholders and establishing accountability
- Designing the Execution Strategy
- Managing the Emerging Risk Inventory
16:30 EDT ( 13:30 PDT )
Closing Remarks from the Chair
Andrew Richardson, Managing Director, Simplified Risk Management
Day Two: Wednesday, October 6, 2021
10:30 EDT ( 07:30 PDT )
15 minWelcome and Opening Remarks from the Chair
Andrew Richardson, Managing Director, Simplified Risk Management
10:45 EDT ( 07:45 PDT )
60 min
Risk Governance and Culture
11:45 EDT ( 08:45 PDT )
60 min
Operation Risk in Financial Industry: Data Loss Protection and Prevention
- What is Data Loss
- How to prevent it -Business needs take precedence- the exemption
- Types of exemptions (Including printing from home in new Covid situation)
- Toxic combination for data leakage
- Controls- Preventive and Detective
- Risk acceptance vs Risk mitigation
- Data Loss Incidents and Impacts
- Continuous monitoring and reviews
12:45 EDT ( 09:45 PDT )
45 minBreak
13:30 EDT ( 10:30 PDT )
60 minImplementing ORCM Framework for Insurance Firms
Michael Binena, Assistant Vice President, Operational Risk and Controls Management, Aviva Canada
14:30 EDT ( 11:30 PDT )
60 min
Building A Cloud Risk Management Framework in Financial Institutions: The Enterprise View
Narasimham Nittala, Manager, Operational Risk & Technology, Concentra Bank
- Core elements of a Cloud Security Risk Management framework (CSRM) in financial institutions.
- Leverage industry leading frameworks: National Institute of Standards and Technology (NIST) and Cloud Security Alliance (CSA) in building a CSRM
- Business Dimensions of CSRM: Technology, Operational, Governance and Financial Dimensions of cloud engagements.
- Bring together the various links between business risk areas, technology controls, and aligning cloud security risk to enterprise risk definitions.
15:30 EDT ( 12:30 PDT )
Closing Remarks from the Chair
Andrew Richardson, Managing Director, Simplified Risk Management