• Print
  • Email

Risks & Resolutions – Creating a New Foundation for Risk Management

Columns on the Federal Reserve Bank of Chicago building

Fourth Annual Risk Conference

Risk management is facing a rebuilding process after the most significant financial crisis in 80 years. Professionals working in the field must shift their thinking about the interrelated nature of risks, the risk management process and practical application of risk resolution strategies.

As the risk management landscape continues to evolve, and as the new regulatory structure commissioned by the Dodd-Frank Act continues to take form, our conference will attempt to bring forward the most current understandings in the field. Financial practitioners, academics and regulators will offer their perspectives on headline issues and recent regulatory reforms and on innovations in products and practices in the financial services industry.

The challenge of managing risk has taken on new dimensions in the wake of the historic events that have transpired over the past three years. Today’s business climate presents risk practitioners with unprecedented complexity and challenges for management decision-making.

The conference provided practical insights into the workings of risk management. Confirmed speakers included:

  • Sarah Dahlgren, Executive Vice President, Bank Supervision and Regulation, Federal Reserve Bank of New York
  • Charles L. Evans, President & Chief Executive Officer, Federal Reserve Bank of Chicago
  • David W. Nelms, Chairman and Chief Executive Officer, Discover Financial Services
  • Alex J. Pollock, Resident Fellow, American Enterprise Institute for Public Policy Research
  • Peter Wallison, Arthur F. Burns Fellow in Financial Policy Studies, American Enterprise Institute for Public Policy Research

Panel discussions addressed the consequences of the most comprehensive regulatory reforms since the Great Depression, challenges of implementing new capital rules, the link between incentive compensation and risk management and the current state of mortgage finance. In addition, attendees received insights from a panel of chief risk officers, as they shared their strategies for managing risk at their respective organizations.

The conference wasn't open to the media or the general public. Participants are requested to use discretion in sharing the content of the conference with professional colleagues. The use of electronic recording devices is prohibited.

Monday, 04/11/11
8:00 AM
Registration and Continental Breakfast
8:45 AM
Opening Remarks
Ali Fatemi, Alumni Professor and Chair, Department of Finance, DePaul University
Carl R Tannenbaum, Senior Vice President, Federal Reserve Bank of Chicago
9:00 AM
Introduction and Keynote
Speaker
Charles L Evans, President and Chief Executive Officer, Federal Reserve Bank of Chicago
9:30 AM
Panel: Chief Risk Officer
Moderator
Richard C Cahill, Vice President and Head of the Credit Risk Department, Federal Reserve Bank of New York
Panelists
Terry J Bulger, Executive Vice President, U.S. Risk and Chief Risk Officer , Harris Financial Corporation; Harris Is Part of BMO Financial Group
Philip B Flynn, President and Chief Executive Officer, Associated Banc-Corp
Shawna M Graham, Senior Vice President, Director of Risk Management, QCR Holdings, Inc.
Len Wiatr, Chief Risk Officer, The Private Bank
11:30 AM
Luncheon and Keynote
Speaker
Sarah J Dahlgren, Executive Vice President, Financial Institution Supervision Group, Federal Reserve Bank of New York
1:30 PM
Panel: The Impact of the Dodd-Frank Act — Both Intended and Unintended Consequences
Moderator
Kathleen Cronin, Managing Director, CME Group
Panelists
Suzanne Killian, Assistant Director, Division of Consumer & Community Affairs, Federal Reserve Board of Governors
Kristin Odeh, Senior Vice President, Corporate Risk Management, Northern Trust
Richard Spillenkothen, Director (retired March 2011), Deloitte & Touche LLP
Peter J Wallison, Arthur F. Burns Fellow in Financial Policy Studies, American Enterprise Institute for Public Policy Research
3:30 PM
Panel: The New Face of Mortgage Finance
Moderator
Carl R Tannenbaum, Senior Vice President, Federal Reserve Bank of Chicago
Panelists
Anne C Canfield, President, Canfield & Associates, Inc.
Alex J Pollock, Resident Fellow, American Enterprise Institute for Public Policy Research
Sarah Bloom Raskin, Governor, Federal Reserve Board of Governors
5:30 PM
Reception
Tuesday, 04/12/11
8:00 AM
Continental Breakfast
8:30 AM
Keynote: CEO Perspectives on Risk
Speaker
David W Nelms, Chairman and Chief Executive Officer, Discover Financial Services
9:15 AM
Panel: Management for Incentive Compensation
Moderator
James R Booth, Professor of Finance and Christopher L. Keeley in Investment and Management, De Paul University
Panelists
Jennifer N Carpenter, Associate Professor of Finance, Stern School of Business, New York University
John K Gayley, Director, Executive Compensation Practice, Towers Watson
James W Nelson, Senior Vice President, Supervision and Regulation Department, Federal Reserve Bank of Chicago
10:45 AM
Panel: The Impact of New Capital Rules
Moderator
David Marshall, Associate Director of Research, Director, Financial Markets Group and Senior Vice President, Economic Research Department, Federal Reserve Bank of Chicago
Panelists
George G Kaufman, John F. Smith Professor of Economics and Finance, Loyola University Chicago
Kevin M Killips, Chief Financial Officer, Privatebancorp, Inc.
Marc R Saidenberg, Senior Vice President, Bank Supervision Group, Federal Reserve Bank of New York
12:00 PM
Box Luncheon
12:00 PM
Special Event: Bankers Only Session

Session ends at 2:00 p.m.

 

 

 

 

 

Last Updated: 04/06/2011

Having trouble accessing something on this page? Please send us an email and we will get back to you as quickly as we can.

Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604-1413, USA. Tel. (312) 322-5322

Copyright © 2024. All rights reserved.

Please review our Privacy Policy | Legal Notices