RMA’s GCOR X to Focus on Cyber Resiliency and Third-Party Risk Management

Philadelphia, PA (April 5, 2016) — 

RMA Chair J. Tol Broome Jr. to Address RMA's 10th Annual Governance, Compliance, and Operational Risk Conference on culture, RMA’s key operational risk principles, and his own experiences with operational risk as mortgage lending president at BB&T

Top banking industry experts will discuss their views on cyber resiliency and third-party risk management, with particular emphasis on the role of culture at GCOR X. The Risk Management Association's tenth annual Governance, Compliance, and Operational Risk Conference will be held at the Hyatt Regency, Cambridge, Mass., April 20-21, 2016. The conference will also feature sessions on topics such as the three lines of defense; operational risk and CCAR; scenario analysis; risk appetite; and operational risk modeling.

 "Managing the risks inherent in vendor and other third-party relationships has become critically important in recent years, as vendors have provided gateways for cyber attacks and have also engaged in other conduct giving rise to operational risk and reputational risk to financial institutions," said Edward J. DeMarco, Jr., RMA's General Counsel and Director of Operational Risk.

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 management 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, Pennsylvania, RMA has 2,500 institutional members that include banks of all sizes as well as nonbank financial institutions. They are represented in the Association by 18,000 individuals located throughout North America, Europe, Australia and Asia/Pacific.

Media Contacts
Stephen Krasowski, skrasowski@rmahq.org, 215-446-4095
Frank Devlin, fdevlin@rmahq.org, 215-446-4137