Risks & Resolutions – Creating a New Foundation for Risk Management

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.