Alice Wang of JPMorgan Chase to address RMA's 13th annual Governance, Compliance, and Operational Risk Conference regarding ways Libor replacement will affect banks
PHILADELPHIA, March 8, 2019 /CNW/ -- Leading banking industry experts will share their experiences regarding AI, machine learning, and blockchain, as well as their views on evolving cyber resiliency and third-party risk management practices at GCOR XIII. The Risk Management Association's 13th annual Governance, Compliance, and Operational Risk Conference will be held at the Hyatt Regency, Cambridge, Mass., April 10-11, 2019.
Alice Wang, managing director, global head of CIB Operational Risk, JPMorgan Chase, will be a keynote speaker, outlining ways banks can prepare now for the transition from Libor to the new reference rate.
The conference will also feature sessions on topics such as effective challenge; risk appetite; LIBOR risk management; agile risk management; and additional programming on culture, conduct, and reputation risk.
"As the industry transitions away from Libor, internal communication and collaboration with working groups is critical. Everyone at the institution must be coordinated, and banks must educate their clients on ways to remove their dependence from Libor-based products and transition to the new reference rate," said RMA Chief Administrative Officer and General Counsel Edward J. DeMarco, Jr.
For more information and to register, visit www.rmahq.org/gcorxiii.
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.
SOURCE The Risk Management Association