The conference will examine the findings of RMA's recent research in light of enterprise-wide risk management and the latest regulatory developments, including the Basel Committee's recent proposed revision of the 1988 international risk-based capital accord. The conference structure will follow the overall three-pillar framework proposed by the Basel Committee of addressing (1) risk rating and credit models, (2) financial supervision, and (3) market transparency.
In addition, groundbreaking research conducted by RMA over the past two years will analyze credit risk on both the commercial and retail side of the balance sheet as well as operational risk.
Suzanne Labarge, vice chair and chief risk officer, Royal Bank of Canada, will be the featured luncheon speaker on Monday, March 13, discussing the challenges of enterprise-wide risk management. That same day, senior consultants from First Manhattan Consulting Group; Oliver, Wyman & Co.; and PricewaterhouseCoopers will join RMA President Allen Sanborn in a panel discussion of the issues covered in RMA's research projects.
Michael Ong, senior vice president, ABN AMRO Bank, will discuss the issues and challenges facing credit risk modeling. Concurrent sessions will focus on profitability and risk assessment with Shaheen Dil, senior vice president, PNC Bank; Brian Ranson, executive vice president, Bank of Montreal; and Sean C. Hussey, senior vice president, Bank of America, are expected to participate. RMA's response to the Basel Accord--Research Into Risk Grading Systems and Capital Determination--will include a panel discussion featuring John Mingo, formerly of the Federal Reserve, Jay Newberry, vice president, Citibank; and Michael Cavanaugh, senior vice president, FleetBoston Financial. A panel presentation on financial supervision will feature Richard Spillenkothen, director of supervision, Federal Reserve System; David Gibbons deputy comptroller, Office of the Comptroller of the Currency; and Pamela Martin, RMA's director of regulatory relations.
Market transparency will be reviewed by a panel consisting of Susan Bies, executive vice president, First Tennessee Bank; Tanya Azarchs, director, Standard & Poor's; and Peter Knutson, The Wharton School. The plenary address by Walter E. Gregg, Jr., vice chairman of PNC Bank Corp., will discuss enterprise-wide capital management as the key to shareholder value.
Additional information on the conference is available by clicking here or calling RMA Customer Relations, 800-677-7621.RMA is the only financial services trade association that specializes in promoting prudent and effective credit risk management practices across the entire banking and lending spectrum for institutions of all sizes. Its membership consists of more than 3,000 financial service providers. These institutions are represented in the association by more than 18,000 commercial loan and credit personnel in 50 states, Puerto Rico, Canada and numerous foreign cities, including Hong Kong, Singapore and London.
For further information: Contact Pam Martin, Regulatory Relations and Communications, at 215-446-4092 or email mailto:pmartin@rmahq.org