Agenda

Day One: Tuesday, October 18, 2022

10:30 EDT

15 min

Welcome and Opening Remarks from the Chair

11:45 EDT

60 min

NextGen ORM: Targeting a Technology Dividend

  • Understand how to leverage a dynamic risk landscape
  • Address hidden risks
  • Build new capabilities
  • Operate and create new risk monitoring processes
  • Generate deeper insights from ‘old’ data

12:45 EDT

45 min

Break

13:30 EDT

60 min

AI Risk Management for Financial Institutions

Isaac De Souza, Artificial Intelligence & Emerging Technology Risk Officer, BMO Financial Group

Artificial Intelligence (AI) is one of the most powerful technologies being adopted today and will significantly impact the financial industry and society at large. In this session we will demystify the “black box” of AI, discuss the incremental risks it brings and how it impacts risk management, and what regulators and BMO are doing to ensure we safely and securely use AI.

15:30 EDT

60 min

Future Proofing Your Information Security & Operational Strategy

  • Understand the importance of securing the right staff
  • Tips and techniques required to meet the fast moving digital reality
  • Step-by-step guide to attracting, motivating and retaining competence
  • Understand the importance of growth and development
  • Examine your diversity and inclusion strategy in order to not miss out on top talent

16:30 EDT

Closing Remarks from the Chair

Day Two: Wednesday, October 19, 2022

10:30 EDT

min

Welcome and Opening Remarks from the Chair

10:30 EDT

60 min

Leverage Data for a Granular View on Operational Risk

  • Gain transparency and process digitization with a robust framework
  • Track, predict and prevent data breaches
  • Tips and techniques to identifying risks
  • Manage operational risk with a global strategy
  • Implement a comprehensive and holistic view on risk

11:30 EDT

60 min

Best Practices for Assessing Risk & Controls

  • Identify systems or processes at risk
  • Investigate options for eliminating or controlling risks
  • Collect information
  • Evaluate the impact
  • Communicating risk information

12:30 EDT

45 min

Break

14:15 EDT

60 min
Beth Armstrong

2B or Not 2B: A Case for Line 2B

Beth Armstrong, Manager, Global Operational Risk Management, Manulife

In this topic we will explore the use of line 2B as an effective mechanism for risk management in both a mature and developing risk organization. Within the presentation, I will discuss:

  • What line 2B is within the 3 lines of defense model
  • The business case for 2B
  • What the regulators have to say about it
  • Key considerations for rolling out a 2B
  • My personal experience and lessons learned in developing the line within an enterprise level organization

16:15 EDT

Closing Remarks from the Chair