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Advanced Model Risk USA Event
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Day One | March 2 Day Two | March 3

Day One | March 2

Here is the latest edition of the agenda. As we approach the event, we will be adding speakers and sessions to enhance your experience. To stay informed, please register your interest or alternatively, download the brochure.

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8:00
Breakfast and Networking
8:50
Chair’s Opening Remarks
9:00
TRANSFORMING MODEL RISK MANAGEMENT
Navigating regulatory change while strengthening governance frameworks
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Key topics

  • Interpreting evolving supervisory expectations under SR 26-2
  • Reassessing governance frameworks using risk-based principles
  • Balancing regulatory flexibility with effective oversight
  • Positioning Model Risk Management as a strategic business partner
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Rama Subramanium,Head of Model Risk Management,M&T Bank

9:35
WHAT CONSTITUTES A MODEL IN THE AI ERA? – PANEL DISCUSSION
Establishing consistent definitions for models, AI models and AI systems
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Key topics

  • Deciding how AI agents, copilots and autonomous workflows should be classified
  • Understanding the implications for model inventories, validation and monitoring
  • Assigning ownership for AI activity SR 26-2 leaves ungoverned
  • Applying model definitions consistently across jurisdictions and regulatory frameworks
  • Comparing panel and audience responses to uncover emerging industry practices
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Morgan Boyce,Executive Director, Model Risk Management,Ally Financial

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Chris Smigielski,Model Risk Management Director,Arvest Bank

10:25
RIGHT-SIZING GOVERNANCE THROUGH RISK TIERING
Prioritising oversight where it matters most
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Key topics

  • Establishing risk tiering methodologies for traditional model inventories
  • Prioritising validation activities across model inventories
  • Reducing unnecessary governance burden for low-risk models
  • Demonstrating proportionate governance to regulators
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Joseph Godwin,Head of Model Risk Management,Regions Bank

11:00
Morning Networking Break
11:30
VALIDATION AND MODEL MONITORING
Moving beyond traditional review cycles
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Key topics

  • Redesigning  validation methodologies for evolving model landscapes
  • Improving testing efficiency without compromising rigor
  • Strengthening documentation without increasing administrative burden
  • Optimising validation frequencies using risk indicators
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Sam Henkel,Executive Director, Model Development,UBS

12:05
LONG-TERM MARKET RISK MODELLING
Assessing model sustainability beyond traditional risk horizons
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Key topics

  • Understanding the differences between short-term and long-term market risk modelling
  • Evaluating regulatory approaches, including constant risk versus constant position methodologies
  • Identifying model risks that diminish over longer forecasting horizons
  • Assessing new sources of uncertainty and model risk introduced by long-term assumptions
  • Evaluating model countercyclicality and performance across changing market environments
12:40
FROM EXPLAINABILITY TO ACCOUNTABILITY: RETHINKING MRM FOR GENAI
Managing changing market conditions with resilient modelling
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Key topics

  • Moving beyond traditional explainability requirements for GenAI
  • Defining ownership and accountability for AI-driven decisions
  • Establishing continuous monitoring and assurance frameworks
  • Adapting MRM governance to manage emerging AI risks and regulatory expectations
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Wei Ma,Head of Risk Modelling,SMBC

1:15
Lunch Break
ROUNDTABLE
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Translating Operational Resilience into Board-Level Risk Appetite
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Ron Eisenberg,Head of Operational Risk,Citibank Canada

ROUNDTABLE
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Breaking Down Silos Between the First and Second Line
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Matthew Moore,Director, Operational Risk,Barclays

ROUNDTABLE
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Exploring Third-Party Dependency and Concentration Risk
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Phil Gledhill,Supervising Examiner, Operational Risk and Resilience,Federal Reserve Bank of New York

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Sandeep Maira,Former Head, Enterprise Risk, Compliance and Reg Technology,BNY Mellon

2:15
THE STRATEGIC VALUE OF MODEL RISK
Repositioning Model Risk beyond regulatory compliance
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Key topics

  • Communicating business value to senior leadership
  • Supporting strategic business initiatives through model expertise
  • Identifying emerging risks that impact business performance
  • Demonstrating measurable value beyond regulatory requirements
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Riten Dixit,Head of Financial Risk Management,Federal Home Loan Bank of Cincinnati

2:50
TALENT, RESOURCES AND SCALE – PANEL DISCUSSION
Building sustainable Model Risk functions
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Key topics

  • Designing future-ready operating models for MRM
  • Developing specialist quantitative and risk skills
  • Upskilling MRM professionals in AI; a distinct challenge from general staffing growth
  • Managing stakeholder engagement across multiple functions
  • Improving resource allocation across competing priorities
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Morgan Boyce,Executive Director, Model Risk Management,Ally Financial

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Ximena Zambrano,Managing Director – Model Development and Operations,Bank of America

3:40
 Afternoon Networking Break
4:10
INDUSTRY PRACTICES DURING REGULATORY CHANGE - PANEL DISCUSSION
Learning from peers implementing new frameworks
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Key topics

  • Comparing governance approaches across institutions
  • Benchmarking operating models and staffing strategies
  • Sharing implementation experiences under SR 26-2
  • Identifying emerging best practices across the industry
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Satish Nathan, Head of Model Risk,Mizuho

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Caroline Sitarz,Head of Model Risk Governance,Credit Agricole

5:00
WHAT’S NEXT FOR MODEL RISK?
Preparing organisations for the next generation of governance
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Key topics

  • Evaluating centralised versus federated MRM structures
  • Leveraging technology to improve governance efficiency
  • Redefining roles and responsibilities across the enterprise
  • Building adaptable operating models for long term resilience
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Mahee Srinivasan,Executive Director, Corporate Model Risk,Wells Fargo

5:35
 Chair’s Closing Remarks
5:35-6:35
DRINK’S AND RECEPTION
Day One | March 2 Day Two | March 3
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