Agenda

Please note the date of this event has changed. The new date is April 8th. 

Taking a Risk-based Approach to Compliance Management

What are the key elements of a GRC framework needed to keep pace with regulatory change and conduct a rigorous assessment of compliance risk? Is your firm setting standards for meeting regulatory compliance and establishing the key foundational elements such as risk metrics, a compliance risk taxonomy, and regulatory-obligation inventory?

Senior executives at financial services institutions have expressed the need for a stronger link between compliance and risk as stories of improper conduct and regulatory require­ments for AML, sanctions, customer fairness, data protection and privacy continue to dominate the business headlines. In particular, there is a growing need for a smarter approach to meeting the increasingly complex body of regulatory obligations facing financial institutions. Compliance, legal and risk professionals are looking for an end-to-end frame­work to manage compliance requirements in a way that improves overall governance, risk and compliance (GRC) program effectiveness.

Join IBM and host Promontory Financial Group for an afternoon gathering of senior risk and compliance executives to explore what strategies financial institutions are using to manage risk, improve processes and outcomes and meet regulatory and compliance requirements.

Mr. Bill Lang, former Executive Vice President and Lending Officer, Federal Reserve Bank of Philadelphia, will provide the opening address and will discuss the Federal Reserve Bank's proposed framework for tailoring regulation for large banking organizations with their risk profiles. 

Topics to be discussed include:

  • The need for a framework that removes the manual administration of monitoring external regulation changes, determining the applicability and impact of those changes to the organization, and developing a plan to assess and remediate the risk
  • Challenges and solutions for end-to-end management of regulatory obligations and associated controls across the full range of business lines, products, entities, and geographies
  • The need for tailored content and timely alerts of relevant regulatory changes
  • The strategies and practices to implement compliance obligations management enterprise-wide
You’ll also have an opportunity to network with your peers and discuss your challenges with IBM and Promontory risk and compliance experts and senior management.

Seating for this complimentary event is limited. Please register today.

Event details

April 8, 2019
3:00pm - 6:00pm
Promontory DC Office
801 17th Street NW, Suite 1100
Washington, D.C.

Agenda

TimeSession
3:00pm Registration and refreshments
3:30pm Opening keynote: US Fed proposes updated regulation of large banks

Speaker:
Bill Lang, Managing Director, Promontory Financial Group
4:00pm Panel: Taking a risk-based approach to compliance management

Speakers:
BJ Sanford, Managing Director, Promontory Financial Group
Heather Gentile, Director of Regulatory Offerings, IBM Watson Financial Services
4:30pm Demonstrating an end-to-end regulatory obligations framework

Speaker:
Heather Gentile, Director of Regulatory Offerings, IBM Watson Financial Services
5:00pm Reception