Why attend
Come and join CeFPro at our upcoming Credit Risk Conference, taking place September 25-26th in NYC. Dive into key issues faced within the financial industry, such as Interest Rate Risks, CRE, Collateral Valuation and much more.
With 7+ hours of thought-leader led conversations taking place through intriguing presentations and engaging panel discussions, this is the perfect initiative to enhance your knowledge. Our 6 networking breaks and complimentary cocktail hour guarantees conversations continue beyond the stage! CeFPro’s Credit Risk Conference is the must attend conference to learn how to mitigate Credit Risks emerging in our economy, whilst also building long last industry connections.
Key highlights from 2024
- COMMERCIAL REAL ESTATE :
Mitigating potential CRE Risks on the horizon
- COLLATERAL VALUATION :
Understanding impact of commercial mortgage-backed securities and mitigating impact
- STRESS TESTING:
Effective stress testing to understanding structural changes in the economy
- MACROECONOMIC ENVIRONMENT:
Reviewing environment changes in economy and impact to credit
- INTEREST RATE RISK:
Accessing the impact of interest rate risk on commercial and consumer debt
- MODELING:
Forecasting capabilities of data requirements of credit risk models
- CREDIT DEFAULTS:
Reviewing the impact of credit defaults on bank revenues and impact across the industry
- DELINQUENCY RATES :
Reviewing the increase in delinquency after a low rate period.
Interact with industry front-runners paving the way in Treasury and ALM
Credit Risk USA gives you the opportunity to join us for a timely and carefully agenda across 2 days.
Our agenda ensures a deep dive into timely and topical areas face within Credit Risk. Though presentations, panel discussions and live Q&A’s, this ensures quality facilitation of engagement and learning.
Continue conversations and connect with your peers through this 7+ hour networking opportunity.
With 6+ networking breaks across the two days, plus a complimentary drinks hour, this is an excellent opportunity to grow you network and ensure meaningful industry connections.
Learn from a line-up consisting of leading thought-leaders as they share their expertise.
Return to your department with newly developed ideas and skills by becoming proficient in the topic. With our 25+ industry leaders, this is the perfect opportunity maximise learning.
Key speakers already confirmed
George Stasinopoulos
Credit Transformation,
Wells Fargo
Sudeep K Lahiri,
Executive Director,
Morgan Stanley
Varun Nakra,
VP, Credit Risk Modeling
Deutsche Ban
Santosh Mishra
Head of Credit Model & Strategic Alignment,
KeyBank
Michelle Stanley-Nurse
Global SVP, Credit Risk,
PNC
Alisa Rusanoff
Head of Credit, Trade Finance,
Crescendo ACS
Mark Cabana
Managing Director, Head of US Rates Strategies
Bank of America
Bernardo J. Mandri
Executive Director, Head of Credit Risk Review
ICBC
Session previews and related insights
Get an insight of what to expect from the Congress with our past and present speaker session previews.
Gaining strong visibility of funding sources for liquidity monitoring
Gaining strong visibility of funding sources for liquidity monitoring Asha Gowda, Director – Market Risk Governance, KeyBank Below is an insight into what can be expected from Asha's session at Risk Americas 2024. {{ vc_btn: title=Find+out+more+about+CeFPro%27s+Risk+Americas+2024&style=outline-custom&outline_custom_color=%23001c64&outline_custom_hover_background=%23001c64&outline_custom_hover_text=%23ffffff&link=url%3Ahttps%253A%252F%252Fwww.cefpro.com%252Fforthcoming-events%252Frisk-americas%252F }} The views and opinions expressed in this article are those of the thought leader as an individual, and
Adapting business strategies to a changing interest rate environment
Adapting business strategies to a changing interest rate environment Stefano Chiarlone, CFO Italy, UniCredit Below is an insight into what can be expected from Stefano's session at Risk Evolve 2024. {{ vc_btn: title=Find+out+more+about+CeFPro%27s+Risk+Evolve+2024&style=outline-custom&outline_custom_color=%23001c64&outline_custom_hover_background=%23001c64&outline_custom_hover_text=%23ffffff&link=url%3Ahttps%253A%252F%252Fwww.cefpro.com%252Fforthcoming-events%252Frisk-evolve%252F }} The views and opinions expressed in this article are those of the thought leader as an individual, and are not attributed to CeFPro or
Post LIBOR: reviewing impacts of transition to SOFR and impact of new rates
Post LIBOR: reviewing impacts of transition to SOFR and impact of new rates Tope Adedara, Internal Audit Director, ALM – Balance Sheet Management, PNC Below is an insight into what can be expected from Tope's session at Balance Sheet Management USA 2023. {{ vc_btn: title=Find+out+more+about+Balance+Sheet+Management+USA+2023&style=outline-custom&outline_custom_color=%23d51224&outline_custom_hover_background=%23d51224&outline_custom_hover_text=%23ffffff&link=url%3Ahttps%253A%252F%252Fwww.cefpro.com%252Fforthcoming-events%252Fbalance-sheet-management-usa%252F }} The views and opinions expressed in this article are those of
Effectively managing risk and losses in the banking book in line with increasing interest rates
Effectively managing risk and losses in the banking book in line with increasing interest rates Hadrien van der Vaeren, SVP, Market and Liquidity Risk, BNY Mellon Below is an insight into what can be expected from Hadrien's session at Balance Sheet Management Europe 2023. {{ vc_btn: title=Find+out+more+about+Balance+Sheet+Management+Europe+2023&style=outline-custom&outline_custom_color=%23001c64&outline_custom_hover_background=%23001c64&outline_custom_hover_text=%23ffffff&link=url%3Ahttps%253A%252F%252Fwww.cefpro.com%252Fforthcoming-events%252Fbalance-sheet-management%252F }} The views and opinions expressed in this article
Take a look at what was said about last year’s event
Thanks for letting me share my thoughts – super conference with great content and speakers.
It was a great honour to share the stage with great minds in the industry. Discussions were insightful and challenging!
Would your organization like to partner with us on this event?
To discuss how we can deliver your thought-leadership at the event, help you generate leads, and provide you with unique networking and branding opportunities, please contact sales@cefpro.com or call us on 0888677707 for more information.
2024 Sponsors
Knowledge partners
Co-sponsors
Associate Sponsor
Content and media partners
Agenda
8:30 – 9:00
Chair’s Opening Remarks
8:50 – 9:00
Chair’s opening remarks
9:00 – 9:35
COMERCIAL REAL ESTATE
Anticipating and mitigating potential CRE risks on the horizon
View Session Details
- Identifying and managing concentration risk across the industry
- Management of exposure and ripple effect across the industry
- Impact of interest rate rises on commercial loans
- Monitoring and stress testing risks to drive diversification
- Future of regulation to test resiliency of wholesale banking
- Credit loss impacts of holding a non-performing asset
- Repricing loans with decreased rental demand
- Monitoring trends in CRE and increased realized losses
- Managing the impact to smaller banks exposed to CRE risk
- Increased delinquencies with reduced office occupancy
- Diminishing risk appetite to finance CRE sector
- Interaction with CECL in estimating expected losses
9:35 – 10:20
COLLATERAL VALUATION – PANEL DISCUSSION
Mitigating the impact of maturing commercial mortgage-backed securities (CMBS)
View Session Details
- Collateral valuation changes in commercial lending
- Impact of Covid-19 on economic overview
- Impact of working from home environment on commercial asset valuation
- Developing models with a broad scope of economic factors
- Overcoming challenges with data availability
- Reliability and accuracy of collateral valuations
- Challenges in market environment
|
Michelle Stanley-Nurse, Global SVP, Credit Risk, PNC |
10:20-10:50
Morning Refreshment Break and Networking
11:50 – 11:25
INTEREST RATE RISK
Mitigating the impact of interest rate risk on commercial and consumer debt
View Session Details
- Assessing economic trends and factors impacting interest rate changes
- Managing the impact to ongoing business operations
- Reviewing risks of refinancing in a changing rate environment
- Maintaining up-to-date models and assumptions
- Increased debt burden with raises in credit card interest rate payments
- Increased competition of money market accounts
- Balancing inflation price rises and increased interest rates
- Impact of changing rates on the prepayment model
- Impact to profitability with high rate on commercial loans
- Reviewing loans reaching maturity with higher rates
- Changes to debt to income ratios with rate increases
|
Santosh Mishra, Head of Credit Model & Strategic Alignment, KeyBank |
11:25 – 12:00
INTREST RATE RISK
Monitoring increased delinquency rate in unsecured lending
View Session Details
- US interest rate & funding market outlook
- US macro outlook: base case & risks
- US interest rate outlook: base case & risks
- Fed balance sheet outlook: base case & risks
- USD funding market outlook: base case & risks
|
Mark Cabana, Managing Director, Head of US Rates Strategies, Bank of America |
12:00 – 12:35
DELINQUENCY RATES
Assessing increased delinquency rates after a period of low rates
View Session Details
- Impact of pandemic measures on delinquency rates
- Changes as restrictions and payment deferrals expire
- Monitoring rates across portfolios
- Managing upside trends in delinquencies
|
Liming Brotcke, Senior Director, Head of Model Validation, Ally |
12:35-1:35
Lunch Break and Networking
1:35 – 2:20
CREDIT DEFAULTS – PANEL DISCUSSION
Impact of credit defaults on bank revenues and the ripple effect across the industry
View Session Details
- Managing an uptick in defaults with volatility
- Adequate reserving for potential losses
- Changes to lending with market changes
- Adjusting scenarios and projections to reflect losses
- Altering defaults and losses to account for unforeseen events
|
Bernardo J. Mandri, Executive Director, Head of Credit Risk Review, ICBC |
|
Saad Asalam, Executive Vice President, Credit Risk, Citizens |
2:20 – 2:55
BUY NOW PAY LATER
Reviewing the impact of buy now pay later on credit risk
View Session Details
- Managing increased extension of credit
- Impact to performance
- Tracking short-term loans in credit report
- Impact of omitting buy now pay later loans
- Reviewing voluntary reporting to credit bureaus of BNPL payment history
- Competitive impact to traditional lenders
- Weaknesses of new companies in the space
- Information advantage to buy now pay later lenders
- Distortion of information with multiple lines of credit hidden
2:55 – 3:30
POST COVID-19 RECOVERY
Monitoring continued uncertainty as consumer behaviors evolve post-COVID
View Session Details
- Managing elevated risks across certain portfolios
- Reviewing changes to auto loans and increased losses
- Making informed decisions with continued uncertainty
- Reviewing increase in private credit and the impact across the industry
- Setting portfolio provisions in a post-COVID environment
- Relevance of historical data points
- Impact of return to student loan repayments after COVID-19 relief
- Understanding impact of stimulus to FICO bands and loan eligibility
- Structural changes in the market post-pandemic
3:30-4:00
Lunch Break and Networking
4:00 – 4:35
BANKING FAILURES
Understanding 2023 banking failures and what they mean for the financial industry
View Session Details
- Assessing the difference between 2023 and previous failures
- Reviewing which risks contributed
- Liquidity and balance sheet weaknesses
- Managing increased focus on regional banks
- Regulatory changes in regulatory environment due to recent Bank failures
- Reviewing how liquidity impacts have affected credit availability
|
Shahab Khan, Head of Liquidity, HSBC USA |
4:35 – 5:10
INSURANCE RISK
Managing evolving insurance crisis and the relationship with climate change
View Session Details
- Reliance on insurance industry to cover high-scoring physical climate change assets
- Reviewing banking approaches to compensating for climate risk
- Interlinkage of insurance with climate change
- Balancing conflict of mandating coverage with limited availability
- Safety and Soundness Act to ensure security of investments
- Enforcement of hazard and liability for banks
|
Cornelia Ogendo, VP, Impact Management in Environmental Finance, U.S Bank (tbc) |
5:10-5:20
Chair’s Closing Remarks
5:20
End of day one Networking drinks reception
8:00 – 8:50
Registration and breakfast
8:50 – 9:00
Chair’s Opening Remarks
9:00 – 9:45
MACROECONOMIC ENVIRONMENT – PANEL DISCUSSION
Reviewing macroeconomic environment changes and their impacts to credit
View Session Details
- Managing conflicting macroeconomic indicators
- Impact of macroeconomic environment on portfolios
- Reviewing contributing factors to a recessionary environment
- Managing anticipation of increased defaults
- Understanding the impact from the growth of private credit providers
- Effectiveness of historical indicators in predicting a recession
- Changes to credit risk level in adverse economic environment
- Managing high inflation and interest rates
- Increased cost of living and debt repayments
- Changes in debt levels to consumer with higher rates
|
Alisa Rusanoff, Head of Credit, Trade Finance, Crescendo ACS |
|
Hakan Danis, Head of Macro Scenario Design, Citi |
|
Haibo Huang, MD, Global Head of Credit Stress & Portfolio Analytics, Morgan Stanley |
9:45-10:20
BASEL END GAME
Reviewing Basel proposal and it’s impact to credit risk
View Session Details
- Reviewing changes to credit risk under new Basel guidance
- Potential impacts to the market and pricing
- Expectations on impacts to models and financing facilities
- Overview of securitization changes and impacts
- Reviewing approaches across jurisdictions and potential disadvantages
- Alignment between model-based credit risk and capital
- Impact of changes to standardized approach for credit risk
- Global disparities
- Impact of Basel rules on working capital financing
|
Phil Ohana, , Global Head of Market Risk Audit, UBS |
10:20-10:50
Morning Refreshment Break and Networking
10:50-11:25
REGULATORY LANDSCAPE
Mitigating credit risk whilst ensuring compliance across a range of regulatory initiatives
View Session Details
- Reviewing broader credit risk expectations
- Managing disparities across global regulators
- Reviewing the future of Basel and impact of Basel III ‘end game’
- Implementation challenges
- Reviewing future regulation and approach to AI
- Leveraging experience from more advanced jurisdictions
- Lessons learned from IFRS 9 advances and relation to CECL
- Incorporating enhanced prudential standards
11:25-12:00
MODELING
Reviewing the forecasting capabilities and data requirements of credit risk models
View Session Details
- Processing capability of credit modeling
- Understanding the impacts of heightened losses
- Tracking habits across products and customers
- Ensuring models react accurately to market changes
- Understanding data for effective decision-making
- Developing short-term solutions during uncertainty
- Projections of increased losses
- Lessons learned from Covid-19 and model performance under unusual economic conditions
|
Michael Jacobs, Jr, SVP, Lead Modeling Expert, PNC Financial Services Group |
12:00-12:35
AI/ML IN CREDIT RISK
Implementing dynamic model risk management frameworks for credit risk
View Session Details
|
Rafic Fahs, Chief Model Risk Officer, Fifth Third Bank |
12:35-1:35
Lunch Break and Networking
1:35-2:20
AI/ML – PANEL DISCUSSION
Leveraging opportunities in advanced modeling techniques for the credit risk portfolio
View Session Details
- Implementation of AI and machine learning within credit risk
- Modeling approaches and processes
- Utilizing large language models to facilitate credit review processes
- Training models to predict based on volatile data
- Impact of Federal and government COVID-19 support
- Leveraging uncorrupted data sources
- Ensuring data transparency and confidentiality
- Deploying models alongside regulatory requirements
- Understanding drivers behind results
- Identifying and differentiating risk
|
Sudeep K Lahiri, Executive Director, Morgan Stanley |
|
Varun Nakra, VP, Credit Risk Modeling, Deutsche Bank |
|
Mohit Dhillon, Managing Director, Head of Credit Risk Modeling, Quantitative Analytics, Barclays |
2:20-2:55
STRESS TESTING
Carrying out effective stress testing to understanding structural changes in the market
View Session Details
- Monitoring losses and economic changes
- Stress testing complexities in the economy
- Impact of large scale events on analytical tools
- Leveraging existing tools to enhance stress testing
- Constructing better stress testing frameworks
- Capturing macroeconomic variables and structural economic change
- Translating variability and uncertainty into potential losses
- Amending PD and LGD to account for changing economy
- Stress testing higher risk portfolios
|
Alberto Scalari, Head of Counterparty Credit Stress Testing, BMO |
2:55-3:30
CECL
Reviewing the impact of CECL in an uncertain economic environment
View Session Details
- Reviewing impact of approaches and effectiveness in mitigating downturn risks
- Variations in approaches and impact to allowances
- Lessons learned across jurisdictions and implementation approaches
- Process review for estimation of credit losses
- Future changes to advance best practice
- Use of fair value accounting as an alternative to CECL
- Ensuring accuracy and relevance of data sets
- Impact of COVID-19 on approaches with relax in rules
- Treatment of realized losses during COVID-19
|
Industry Expert, Blackrock |
3:30-4:00
Lunch Break and Networking
4:00-4:35
DATA
Leveraging new tools to enhance data quality
View Session Details
- Collecting up to date information
- Enhancing data quality and aggregation
- Collecting and aligning loan data
- Building infrastructure to access data in real time
- Ensuring accuracy of data
- Use of non-traditional data sources
- Managing legacy systems and teams
- Ensuring accurate data to track risk appetite
|
George Stasinopoulos, Credit Transformation, Wells Fargo |
4:35-5:10
CLIMATE RISK
Assessing the overlap of credit risk and physical risks within climate risk
View Session Details
- Understanding how climate events could impact the ability to repay
- Managing estimated climate and physical risk
- Data sources for climate risk modeling
- Modeling physical damage under different climate events
- Creating a comprehensive framework to combine credit and climate
- Proactively building climate scenario capabilities
- Tracking and understanding likely impacts
- Incorporating broader ESG considerations into credit risk management
- Developing model and analytical capabilities
- Reviewing tools and products available
|
C. Robin Castelli, Head of Transition Risk Model Development, Citi |
5:10-5:20
Chair’s Closing Remarks
5:20
End of Congress
Speakers from our 2024 Credit Risk USA
Saad Asalam
Executive Vice President, Credit Risk
Citizens
Saad Asalam
Biography Coming soon
Liming Brotcke
Senior Director, Head of Model Validation
Ally
Liming Brotcke
Liming Brotcke leads the model validation group of the MRM function at Ally since February 2019. Before joining Ally Liming worked at the Federal Reserve Bank of Chicago as the head of MRM for the 7th district and the Risk Modeling and Analytics team. She co-led the quantitative review of the CCAR Credit Card and was a key member of the LISCC supervision retail team. Prior to Chicago Fed, Liming developed extensive modelling skills and business knowledge between Discover and Citi Group. Liming holds a Ph.D. degree in Economics from the University of Illinois at Chicago. She has multiple publications on quantifying model risk and machine learning governance.
Mark Cabana,
Managing Director, Head of US Rates Strategies
Bank of America
Mark Cabana
Mark Cabana is the head of US Rates Strategy at BofA Global Research,
based in New York. In this role, he publishes research and trade
recommendations covering US short-term interest rates and macro
strategy. He also meets regularly with a broad range of clients to discuss
the firm’s views on Fed policy, interest rates, and financial regulation.
Cabana joined the firm in 2015.
Before joining BofA Securities, Mark worked as an officer in the Markets
Group at the Federal Reserve Bank of New York. He spent nearly 9 years
on the Open Markets Trading Desk which spanned the duration of the
financial crisis. While at the NY Fed, Cabana was closely involved with
the design and implementation for a number of asset purchase / QE
programs and also managed a team focused on analyzing global
macroeconomic conditions and financial markets.
Cabana earned a bachelor’s degree from Furman University and a
master’s degree from Johns Hopkins University in finance and
international relations. He is a CFA charterholder.
C. Robin Castelli
Head of Transition Risk Model Development
Citi
C. Robin Castelli
Head of Transition Risk Model Development (Climate Modeling Analytics) within Modeling Change & Innovation
In my current role I am supporting Citi’s firmwide agenda on Climate Risk, by leading the team that is developing the models that are required to estimate the stresses to financial institutions, properties or sectors which arise from shifts in policy, consumer and business sentiment, or technologies associated with the required changes necessary to limit climate change.
Hakan Danis
Head of Macro Scenario Design
Citi
Hakan Danis
Biography coming soon.
Mohit Dhillon
Managing Director, Head of Credit Risk Modeling, Quantitative Analytics
Barclays
Mohit Dhillon
Biography coming soon.
Rafic Fahs
Chief Model Risk Officer
Fifth Third Bank
Rafic Fahs
Rafic Fahs is a highly experienced strategic risk management leader with a strong background in all types of risk, including model risk, and extensive quantitative expertise across all asset classes and model types. He has a track record of transforming modeling capabilities using innovative processes, advanced software, and AI/ML techniques. Fahs is currently the Chief Model Risk Officer at Fifth Third, having previously held the same role at Santander US, where he successfully built a model risk management function and repaired damaged relationships with regulators. Prior to Santander, Fahs was the head of Global Consumer Model Development center of excellence at GE and held senior executive positions in Model Development and Model Risk Management at JPMorgan Chase. He holds a Ph.D. in Econometrics and an M.S. in Mathematics and Statistics from Washington State University.
Haibo Huang
MD, Global Head of Credit Stress & Portfolio Analytics
Morgan Stanley
Haibo Huang
Haibo Huang is a Managing Director and Global Head of Credit Stress and Portfolio Analytics at Morgan Stanley. His team is responsible for developing credit risk models, including credit stress testing models, credit allowance methodologies, climate risk credit methodology, credit limit setting framework and other credit portfolio analytic solutions. Prior to joining Morgan Stanley in 2013, he was a Senior Director and Head of Dual Risk Rating Modeling team at Capital One, in charge of developing credit risk models for the bank’s wholesale portfolios. Before joining Capital One, he was the Quant Team Head and Head of US Forecasting team at PPR, a commercial real estate advisory firm in Boston. Haibo is a CFA charter holder since 2008 and holds a PhD degree in Economics from University of Texas at Austin. During spare time, he enjoys playing soccer, and is the proud captain of a Morgan Stanley Coed Team that won the Kicker’s Cup in America SCORES Cup tournament, which is the largest charity soccer event in NYC to raise funds for under resourced communities.
Michael Jacobs, Jr
SVP, Lead Modeling Expert
PNC Financial Services Group
Michael Jacobs, Jr
Mike is a lead model development and analytics expert across a range of risk and product types, having a focus on wholesale credit risk methodology, regulatory solutions and model validation. Currently Mike is an SVP and Lead Quantitative Analytics & Modeling Expert at PNC Financial Services Group, Model Development Department, where he leads 1st Line Wholesale Model validation. Mike has 25 years of experience in financial risk modeling and analytics, having worked 5 years at Accenture and Big 4 consulting as a Director in the risk modeling and analytics practice, with a focus on regulatory solutions; 7 years as a Senior Economist and Lead Modeling Expert at the OCC, focusing on ERM and Model Risk; and 8 years in banking as a Senior Vice-President at JPMC and SMBC, developing wholesale credit risk and economic capital models. Skills include model development & validation for CCAR, PPNR, CECL, credit / market / operational risk; Basel and ICAAP; model risk management; financial regulation; advanced statistical and optimization methodologies. Mike holds a doctorate in Mathematical Finance from the City University of New York / Zicklin School of Business, and is a Chartered Financial Analyst.
Shahab Khan
Head of Liquidity
HSBC USA
Shahab Khan
Shahab Khan currently works for HSBC Holdings Plc. as Head of Liquidity Policy in New York. Prior to this, he was at JP Morgan Chase & Co. in the Capital & Liquidity Policy Group as a subject matter expert. Before this, he worked at various financial institutions and was associated with one of the big four accounting firms in the financial advisory space at the beginning of his career. During his professional career, he has held various positions in Treasury, M&A and Finance groups. For the last several years, he has been dealing with regulations related to Capital, Liquidity, RWA, Market Risk etc. that are applicable in the U.S. In addition to MBA, he is also a certified Treasury Professional. He is an avid reader and loves to travel.
Sudeep K Lahiri
Executive Director
Morgan Stanley
Sudeep K Lahiri
Biography Coming soon.
Santosh Mishra
Head of Credit Model & Strategic Alignment
KeyBank
Santosh Mishra
Santosh Mishra heads the Credit Modeling function for KeyBank’s entire Loan and Lease portfolio. He is currently responsible for development and implementation of Stress testing and CECL models. Additionally, he also leads the Commercial Risk Rating, Economic Capital, functions and is architect of numerous commercial analytics initiatives to support KeyBank’s strategic goals. Last but not the least, Santosh is leading KeyBank’s Climate analytics including Financed emissions and Scenario analysis.
Bernardo J. Mandri
Executive Director, Head of Credit Risk Review
ICBC
Bernardo J. Mandri
Bernardo is currently the Head of the Credit Risk Review function at ICBC, overseeing wholesale credit focused reviews covering myriad lines of business (including CRE, Project Finance, Fund Finance, general corporate C&I, and leveraged lending). As a Director at KPMG he led large scale projects to implement enhancements to credit risk processes, remediate regulatory issues and conduct co-sourced credit reviews for his financial services clients. Previously, Bernardo covered wholesale credit risk as a senior examiner in large bank supervision at the OCC – examining complex SNCs, CCAR/DFAST modelling, CECL, and credit / market risk functions, across multiple LOBs and industries.
Varun Nakra
VP, Credit Risk Modeling
Deutsche Bank
Varun Nakra
Varun Nakra is an accomplished expert with over 15 years of experience in analytics developing statistics / machine learning / credit risk models across US, Australia, Singapore and India. He is currently holding the position of Vice President Risk methodology at Deutsche Bank, New York. He has an extensive knowledge of credit risk models such as Probability of Default, Loss Given Default, scorecards, etc. and machine learning techniques such as Classification, Regression, Decision Trees, Gradient Boosted Trees, Random Forests, Neural Networks, Bayesian Analysis and Markov Chain Monte Carlo (MCMC) and more.
Phil Ohana
Global Head of Market Risk Audit
UBS
Phil Ohana
Phil Ohana, CFA joined UBS Audit group in 2018 as a market risk subject matter expert. Previously, he was an executive director at Morgan Stanley focusing on market risk and regulatory risk topics.
Prior to Morgan Stanley, Phil worked at Societe Generale as a risk manager covering Fixed Income desks and later as the Risk COO in the Americas. Phil holds an MBA from the NYU Stern School of business and a master in applied mathematics from ENSEEIHT, France.
Cornelia Ogendo
VP, Impact Management in Environmental Finance
U.S Bank (tbc)
Cornelia Ogendo
Biography Coming Soon,.
Alisa Rusanoff
Head of Credit, Trade Finance
Crescendo ACS
Alisa Rusanoff
Alisa Rusanoff is a Head of Credit at Crescendo Asset Management where she runs a trade finance strategy focusing on Supply Chain finance, Asset Backed Lending, Factoring, Embedded Finance and other structured debt solutions for her clients.
She is an experienced executive in Fintech, Embedded Finance, Credit, Marco Risks and has been a guest speaker at NYU, Bloomberg, the New School Venture Lab, Antler VC, GC4Women Certificate Program, Global Trade Review (“GTR”), ITFA, Money 2.0 Conference, etc. In 2021, she got a 40Under40 Award in Underwriting by Secured Finance Network, in 2020 she was named top 25 women by Opus Connect, received a Leadership Award in Finance by Money 2.0 Conference and was included ‘Women in Fintech Powerlist 2022’ by the Innovate Finance. Alisa is a contributor to the upcoming textbook ‘Cases in Financial Management: Financial Analysis for Corporate Financial Management’.
Michelle Stanley-Nurse
Global SVP, Credit Risk
PNC
Michelle Stanley-Nurse
Biography Coming Soon.
Alberto Scalari
Head of Counterparty Credit Stress Testing
BMO
Alberto Scalari
Alberto Scalari has over 20 years of front line risk management experience in Equities, Credit and Commodities with responsibility for all aspects of Market Risk, including the approval of sizeable trades, new products and pricing models, drafting risk policies, limits, designing stresses.
In his first years in Investment Banks, he led projects on stress test, VaR methodology, and model risk at Societe Generale in Paris and at Citigroup in London. Subsequently, he joined Barclays, where he became the regional head of Equity Market Risk in Europe (London), Asia Pacific (Hong Kong) and the US (New York). In this capacity, he was responsible for the market risk of the regional Equity portfolios, deciding on sizeable trades such as blocks, corporate derivatives and exotics, setting risk limits, and representing the Bank to the regional regulators.
His working experience includes a year with KPMG where he documented the Barra models for the Investment Management Group of Morgan Stanley.
Over the past three years Scalari has been in charge of designing and implementing the Capital Markets and Counterparty Credit Stress testing Framework at Bank of Montreal (BMO).
Scalari holds a Ph.D. in Mathematics with a thesis in Several Complex Variables and has five publications in international journals. His work relates to the propagation of solutions of differential equations on manifolds embedded in several dimensional complex spaces.
George Stasinopoulos
Credit Transformation
Wells Fargo
George Stasinopoulos
Biography Coming soon.
Would your organization like to partner with us on this event?
Would your organization like to partner with us on this event?
To discuss how we can deliver your thought-leadership at the event, help you generate leads, and provide you with unique networking and branding opportunities, please contact sales@cefpro.com or call us on 0888677707
To discuss how we can deliver your thought-leadership at the event, help you generate leads, and provide you with unique networking and branding opportunities, please contact sales@cefpro.com or call us on 0207 164 6582 more information.
2024 Sponsors
Knowledge partners
ActiveViam
ActiveViam provides precision data analytics tools to help organizations make better decisions faster. ActiveViam started in 2005 with the vision of leveraging in-memory technology to create an analytics platform where businesses could leverage the largest data sets without restrictions, keep them up-to-date in real time and use them to empower their decision makers. Our goal at ActiveViam, is to let organizations not only make decisions faster, but better; to not only reach their data, but their potential; to not only see their data, but find their way into the future. If you would like to find out more, click here.
Workiva
Workiva (NYSE:WK) created Wdesk, a cloud-based productivity platform for enterprises to collect, link, report, and analyze business data with control and accountability. Thousands of organizations, including over 65% of the 500 largest U.S. corporations by total revenue, use Wdesk.
Co-sponsors
Empyrean
Empyrean Solutions is a provider of advanced balance sheet management software. Our flagship offering, Empyrean ALM, is meeting the demands of the most sophisticated balance sheet managers as demonstrated by the rapid
growth of our installed base with increasingly larger and complex financial institutions. Its single cashflow engine drives Empyrean ALM and all the related balance sheet management modules—FTP, Deposit Analytics, Liquidity Stress, and Credit. It is an intuitive, flexible, fast, and comprehensive asset/ liability management solution.
Mirai
Mirai is the global technology leader in Balance Sheet Management, Financial Risks and Regulation. Mirai offers a comprehensive, award-winning portfolio of enterprise SaaS solutions and consulting services that enable banks to shorten the path to success in risk management and regulatory compliance.
Founded in 2013, Mirai has offices across North America, LATAM and EMEA. Spanning global operations, Mirai works with the top tier 1 banks and G-SIBs with presence in over 20 countries worldwide. For more information, visit www.mirai-advisory.com.
Opensee
Opensee empowers Risk Managers and Quants to consume an unprecedented volume of historical and real time data for their most complex calculations, and for the analysis associated with these metrics.
Combining the power of Cloud Computing, AI and modern architectures with decades of expertise from the Trade and Risk departments of global banks, Opensee brings the new generation of Risk Analytics, with ability to recalculate, compare, drill down, roll up, run what if scenarios across billions of data points.
Deployed across global leaders of the sell and buy-side for Credit Risk, Market Risk / FRTB (SA/IMA), Liquidity & ALM, ESG and Collateral Management, Opensee challenges the limitations of legacy Risk Systems and brings a new impetus to analytics with key ability to deliver hyper fast calculations, advanced analytics, versioning and data quality – abstracting the complexities to focus on valuable analysis effort, with full control of cost and deployment model.
Deliver your key metrics (VAR, Expected Shortfall, Default / Incremental Risk Capital, NRMF Stress Tests…) at your fingertips and never compromise again on the volume and quality of data you need for your regulatory and non-regulatory analysis!
QRM
Quantitative Risk Management (QRM) is the world’s premier consulting firm focused on balance sheet management and mortgage analytics. Since 1987, QRM has partnered with institutions from the banking, finance, and insurance industries to enhance their ability to achieve higher risk-adjusted returns. We develop industry-leading risk management principles, practices, and models, and provide our clients the advice, knowledge, and tools necessary to leverage our innovations toward better decision making and improved operational efficiency. With offices in Chicago, London, and Singapore, QRM has established over 250 long-term engagements with top financial institutions worldwide.
Associate Sponsor
FIS
FIS is a leading provider of technology solutions for financial institutions globally. Our employees are dedicated to advancing the way the world pays, banks and invests, through our trusted innovation, system performance and flexible architecture. It’s crucial in today’s environment to develop strategies to optimize earnings, liquidity and capital, while meeting increasing regulatory demands and avoiding balance sheet surprises. FIS’ Balance Sheet Management solutions give risk leadership the means needed to address these challenges, including interest rate risk, liquidity stress, capital management, profitability, loss allowance forecasting and more. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500® and the Standard & Poor’s 500® Index.
Oracle
Oracle Financial Services provides solutions for retail banking, corporate banking, payments, asset management, life insurance, annuities, and healthcare payers. With our comprehensive set of integrated digital and data platforms, banks and insurers are empowered to deliver next generation financial services. We enable customer-centric transformation, support collaborative innovation and drive efficiency. Our data and analytical platforms help financial institutions drive customer insight, integrate risk and finance, fight financial crime, and comply with regulations. To learn more visit our website at https://www.oracle.com /financial-services.
Content and media partners
CeFPro Connect
CeFPro Connect aims to connect industry experts through thought leadership content and timely news, written for the industry, by the industry. Gain unlimited access to CeFPro’s unparalleled library of resources including iNFRont Magazine, market intelligence reports, filmed presentations, insights Q&A’s, and much more.
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iNFRont Magazine
iNFRont Magazine is a unique publication providing regular insight on the operational and non-financial risk (NFR) sector. Featuring contributions provided by leading industry figures and experts from around the world, iNFRont Magazine touches on the most critical themes and challenges currently affecting financial professionals.
Available to download for free.
Venue & FAQs
New York City Bar
42 West 44th Street
New York
NY 10036
There is no accommodation available at the venue, however, there are plenty of hotels available nearby.
Frequently Asked Questions
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- Breakfast, lunch and refreshment breaks
- Drinks reception at the end of day-1
- Q&A, panel discussions and audience participation technology
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* Please note that our speakers often have to gain permission from their relevant compliance departments to release their presentations. On rare occasions compliance may not allow presentations to be distributed.
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Are CPE Credits available?
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