Friday, November 21, 2008

RMA to Sponsor Retail Risk Conference

Bank of America’s Susan Faulkner will be the keynote speaker at The Risk Management Association’s annual Retail Risk Conference, July 11-13, 2007, at the InterContinental Hotel in Chicago.

Philadelphia, Pa. (June 13, 2007) —
The changing retail banking environment is the focus of the annual RMA Retail Risk Conference, which will be held in Chicago, July 11-13, 2007, at the InterContinental Hotel. Designed for senior executives and managers, the conference will include a panel discussion on best practices in retail risk management.

Susan Faulkner, global consumer and small business sales, service and marketing executive, Bank of America, will deliver the keynote address on Thursday, July 12. Lawrence A. Young, partner, Hughes Watters Askanase, L.L.P., will address the current legal environment in his address on Friday, July 13, and Mark Zandi, Ph.D., chief economist and cofounder of Moody’s Economy.com. will discuss the economic outlook.  

The Retail Risk Conference is planned and supported by a distinguished steering committee led by Conference Chair Bruce A. Fletcher, senior vice president, chief risk officer, HSBC North America. Also on the committee are I. Robert Emmerich, executive vice president, chief credit officer, National City Bank; Shahzad Kazi, managing director, HSBC North America; Laura Labno, vice president, retail credit management; HSBC; William Mengershausen, senior vice president, manager, retail credit and risk management, US Bank; Donald E. Stroup, chief risk officer, retail credit, Wachovia; Nick Whiting, senior vice president, Bank of America.

Specialized breakout sessions will allow participants to choose six of eight sessions that best focus on their particular needs. The eight sessions are:

  • Effectively managing foreclosure and OREO.
  • Expanding into untapped markets: opportunities for top-line growth while managing risks.
  • Leveraging collection results for better loss mitigation and risk management.
  • Operational risk.
  • Analytics for new product development.
  • Managing risk in the mortgage business.
  • Automated valuation models.
  • Retail loan review.

Two pre-conference sessions, to be held July 11 from 1:30 to 5 p.m., will discuss capital management and technical and practical approaches to stress testing.

The Retail Risk Conference’s principal sponsor is Oliver Wyman, a global consulting firm with specialized expertise in strategy, operations, risk management, organization transformation, and leadership development.

More information about the annual Retail Risk Management Conference is available on the Web at www.rmahq.org or by contacting RMA’s Customer Care at 1-800-677-7621.

About RMA
Founded in 1914, The Risk Management Association is a not-for-profit, member-driven professional association whose sole purpose is to advance the use of sound risk principles in the financial services industry. RMA promotes an enterprise approach to risk management that focuses on credit risk, market risk, and operational risk.

Headquartered in Philadelphia,Pa., RMA has 3,000 institutional members that include banks of all sizes as well as nonbank financial institutions. They are represented in the Association by 18,000 risk management professionals who are chapter members in financial centers throughout North America, Europe, and Asia/Pacific. Visit RMA on the Web at www.rmahq.org.

Contact:
Kathleen M. Beans
The Risk Management Association
PR Manager/Senior Writer
1801Market Street, Suite 300
Philadelphia, PA  19103
PH: 215-446-4095
FX: 215-446-4101