To gain an in depth understanding of Risk Metrics, to develop the ability to design a Risk Metrics program and to establish the risk management processes associated with Risk Metrics
The US business environment as well as that of other countries in recent times have experienced significant risk episodes with substantial risk consequences .To the extent the risk conditions that caused a risk episode to occur could have been identified and immediate corrective action taken, the risk event may have been prevented or modified. Sound risk management practices together with a set of effective risk metrics that could have possibly avoided or moderated many of the risk consequences that were experienced.
This presentation allows the participants to focus on the concept of risk metrics and a blueprint for creating a set of risk metrics as well as to view a large sampling of risk metrics that maybe employable. It is intended that the risk metrics displayed would help participants consider the generic risk metrics that would apply to their business or organization as well as being helpful in considering risk metrics that could be specific to their specific business or organizational activities.
This presentation is designed to help a business/organization adopt and formulate a key component of its risk management process. It should prove to be helpful as a continued risk management learning experience for individuals with responsible for managing a business or organization or for overseeing the management of the risk environment of a business or organization.
Lastly, it provides an actual case study that will demonstrate how a major risk event and resulting consequences in a business could have been avoided, or modified, if Risk Metrics had been effectively employed.
Why you should Attend
To provide an in depth understanding and applicability of the risk metrics.
- Establishing the purpose they serve,
- Reviewing the methodology for creating a set of risk metrics,
- Studying a sampling of forms of risk metrics to be employed and
- Reviewing the risk metric management process
Areas Covered in the Session
- Understanding Risk Metrics
- Provide a conceptual framework of risk management to position risk metrics in the risk management process
- Defining Risk Metrics
- Review the basic elements of risk metrics
- Establish risk metrics as a key element of risk management
- Types of Risk
- Review of risk metrics in the context of the different types of risk.
- Risk Metrics Applicability
- Review risk metrics in the context of different risk environments
- Best Practices for Addressing Risk Metrics
- Thought process for establishing a set of risk metrics for a business activity
- Review of Specific Risk Metrics
- Display of a large sampling of generic risk metrics as well as risk metrics specific to a business activity
- Management of Risk Metrics
- Review how risk metrics should be monitored and evaluated and how risk conditions identified should be addressed
- Role of business management and Risk Management and Compliance functions to address risk conditions
- Place Risk Metrics in an actual real-life context
- Review the risk metrics that were absent or ineffective in terms of an actual risk event experienced by a company
Who Will Benefit
- Business management
- Risk management at the corporate level
- Risk management within a business
- Compliance within a business
- Audit staff within a business
- Regulators with business oversight responsibility
- Educational programs at the University level
is the founder of Greenwich Risk Management Advisory Services “LLC” and services as the principal consultant on many of the firm’s consultancy mandates.
Robert has been a banking and finance industry professional for 49 years with 34 years serving in a variety of senior Treasury, financial markets, asset management and risk management roles at JP Morgan Chase & Co. During his career with JP Morgan Chase he served in the following positions:
- Head of Chase Manhattan Bank’s euro and other offshore funding activities
- Chase’s first Asia/Pacific Area Treasury and Financial Markets Executive located in Hong Kong with responsibility for the treasury, currency trading/sales activities and securities portfolios of Chase’s branches in nine countries that included the major centers of Japan, Hong Kong and Singapore
- Western Hemisphere Area Treasury and Financial Markets Executive with similar responsibilities for Chase’s branches in South America, Canada, Panama and Puerto Rico
- National Sales Manager for Chase Securities
- Treasury and Financial Markets General Manager for Chase AMP Bank in Australia
- Risk Management and Treasury Executive for Chase’s Asset Management and Private Bank organizations
- Head of the risk management oversight function of Market, Credit and Operational Risk for Chase Asset Management
- Managing Director and Head of Fiduciary Risk Management for the Corporation
During Robert’s career he has served on the Board of Directors of Chase Manhattan Overseas Banking Corporation as well as having served on numerous senior committees that included Chase’s Portfolio and Investment Strategy Committee, Tax Committee, International Asset/Liability Management Committee, Chase Investment Policy Committee, and Capital Markets & FX Risk Management Committee.
Robert holds a BA degree in Economics from Pace University and did graduate studies in finance at New York University Graduate School of Business. He has held Series 7 & 24 registrations and currently retains a Series 65 registration.
He is a certified FINRA Arbitrator and is a member of the Executive Advisory Board of St. John’s University Department of Accounting and Taxation.