Pre-conference workshop 1, 11 June 2013
Pre-conference workshop 1: LED BY Steve Bhatti, Head of Firm-Wide Operational Risk, SANTANDER
WORKSHOP TOPIC: Operational Risk Appetite 'measuring success and failure'
8:30 Registration and breakfast
9:00 Presentation: Introduction to Appetite
- What is Operational Risk appetite
- Key components of an appetite framework
- The relationship between Operational Risk appetite and other framework components
10:30 Morning coffee break
11:00 Presentation: Developing an appetite framework:
- Selecting an approach
- Complexity versus simplicity
- Oversight and Governance
- Obtaining buy in
12:30 Lunch
13:30 Presentation: Implementation challenges:
- Appetite levers
- Modelling appetite
- Measuring success and failure
- Capital implications
15:00 Afternoon coffee break
15:30 Presentation: Feedback:
- Limitations
- Q and A
17:00 End of workshop
Who should attend:
This workshop will be intermediate, it will begin with the basics then move on to advanced elements of the methodology, not overly quantitative
- Operational Risk practitioners
- Conduct Risk practitioners
- Regulatory Risk practitioners
Speaker's short biography: Steve Bhatti, Head of Firm-Wide Operational Risk, SANTANDER
An industry established operational risk specialist who has gained invaluable experience through the development and implementation of operational risk frameworks in numerous financial institutions over the last ten years. More recent assignments have involved leading regulator engagement for organisations with respect to meeting TSA and AMA requirements. Through this work he has gained a thorough understanding of regulator expectations with respect to operational risk regulatory requirements. Currently on assignment with Santander Group in support of the Enterprise Wide Risk Management review.
