ESG: Approaches to Climate Risk and Implications for Risk Management, Business Opportunities, Regulatory Expectations and Counterparty Ratings

 

Webinar

 

Date: Thursday, June 10th 2021

Time: 5:00 PM – 6:15 PM ET

 

Please join us on Thursday, June 10th 2021 for a discussion on ESG and its implications on business and risk management practices.

 

Topics to be discussed will include:

 

- How financial institutions are approaching ESG in terms of governance, business selection and risk management practices

 

- Addressing the “Environmental” component of ESG, and climate risk in particular

 

- Emerging risks and business opportunities, and the skill sets that may be required to address them

 

-How ESG is factored into ratings assessments

 

-Current regulatory focus and priorities related to ESG

 

Confirmed Speakers:

 

Chris Jaques, Managing Director, Head of Enterprise Risk Portfolio, Group Stress Testing and Risk Research, Deutsche Bank

Chris has 30 years of financial industry experience. Chris has worked at Deutsche Bank for eight years and has held a range of responsibilities within the Risk Division. He is currently the Managing Director with global responsibility for the Enterprise Risk Portfolio, Group Stress Testing and Risk Research teams. He is also responsible for Credit Risk Management Portfolio and Stress testing. He is based in London where he is Chief Risk Officer for Deutsche Bank London Branch. Prior to this he had responsibility for Deutsche Bank’s Global Market Risk Portfolio, Stress, Data and Analytics teams. Before entering the financial industry Chris served as an officer in the British Army. He holds an MBA from Cranfield School of Management.

 

Alexandra (Alex) Liftman, Global Environmental Executive, Bank of America

Alex Liftman joined Bank of America in 2002. As Global Environmental Executive, Alex is responsible for the bank’s global environmental sustainability strategy, including business integration, operational initiatives, employee programs, public and corporate policy, and philanthropic and other investments. In particular, she works closely with executive management and senior leaders across the company to steward Bank of America’s goal to achieve net zero greenhouse gas emissions in its operations, supply chain and financing activities before 2050. She also collaborates closely with the company’s Sustainable Finance team and lines of business to meet its commitment to mobilize $1 trillion by 2030 toward sustainable, low-carbon technologies and activities.

 

In her previous leadership roles, Alex managed global communications strategy and served on the leadership teams of several of Bank of America’s lines of business, including Global Wealth and Investment Management, Business Banking and Small Business. Prior to joining Bank of America, she co-managed Edelman’s Technology Finance Group in San Francisco, leading public relations activities for Morgan Stanley’s Technology Group, Lightspeed Venture Partners, Charles Schwab & Co., and other global clients.

 

Alex is a graduate of the College of William and Mary in Williamsburg, Virginia, where she received a bachelor of science in mathematics. She is passionate about protecting the environment and is actively engaged in her community, including serving on the Boston Green Ribbon Commission and the Advisory Board for the The Trustees.

 

Michael Ferguson, Senior Director, Americas Analytical Manager for Sustainable Finance, S&P Global Ratings

Michael Ferguson is the Americas Analytical Manager for the Sustainable Finance group at S&P Global Ratings. He manages a team of 20 North American and LatAm Sustainable Finance Analysts. He has been involved in the development, roll-out, and updating of our ESG Evaluation, and is responsible for the inclusion of ESG risks into our credit ratings. He also supports our efforts on Sustainable Finance External Reviews and Opinions (SFEROs). He is responsible for developing the learning curriculum on ESG throughout S&P Global Ratings. Much of his thought leadership research revolves around environmental regulation and energy policy, especially in the United States.

 

Michael joined S&P Global Ratings in December 2011 and was in the North American Energy Infrastructure practice as a credit analyst for approximately seven years, covering project financings and power companies. Previously, he worked as a forensic accounting consultant with FTI Consulting in Washington, DC. He worked on a wide array of cases, ranging from stock option backdating and revenue recognition to embezzlement and ponzi schemes. Michael also worked in the Financial Services Assurance practice at Ernst & Young LLP; he audited hedge funds, insurers, and banks, as well as government agencies.

 

Michael graduated from the University of Notre Dame in 2005 with a bachelor of business administration degree in Finance and a bachelor of arts degree in Political Science. He also received an International Business Certificate. He received a master of science degree in Accountancy from the University of Virginia in 2006 and a master of business administration degree from Duke University in 2011. Michael is a Chartered Financial Analyst, a Certified Public Accountant, a Chartered Alternative Investment Analyst, and a Certified Fraud Examiner.

 


Brittany Schmidt, Director, Financial Services Risk and Regulatory Practice, PwC

Brittany Schmidt is a Director in PwC's Financial Services Risk and Regulatory practice in New York where she advises leading global financial institutions on strategies for risk management, regulatory compliance, and operational improvement. She is currently leading PwC’s US ESG and Climate Risk integration solutions in the banking sector. This work includes assisting her clients to understand the regulatory landscape, set their climate ambition, establish and measure financed emissions targets, identify and measure physical and transition risks, and inform strategic decision making.

 

Prior to joining PwC in 2010, Brittany managed Real Estate Owned disposition at a top 10 bank. Brittany is a graduate of Towson University in Maryland, where she received a bachelors of science in business administration. She currently sits on the Marketing Committee of the Women’s Bond Club of New York and in a leadership role for Mothers in Consulting.  She is a frequent speaker and author of PwC thought leadership on financial services topics.  Brittany lives in Larchmont, New York with her husband, two daughters (7 and 4) and Goldendoodle.

 

 
Moderator:
 
Jonathan Hummel, Chief Risk Officer of the Americas, Deutsche Bank
Jonathan Hummel is the Chief Risk Officer (CRO) of the Americas for Deutsche Bank which includes oversight for Credit, Market, Non-Financial, Model and Liquidity Risk.  He is a member of the Group CRO Executive Council as well as the Americas Regional Executive Council and serves as the Chair of the U.S. Management Risk Council, Americas Reputational Risk Committee, U.S. Liquidity Risk Council and Risk Data Governance Steering Forum.  He is also the regional sponsor of the Diversity and Inclusion (D&I) strategy for Risk Americas to promote an inclusive organization.
 
Jonathan joined Deutsche Bank in 2004.  He has held various senior roles in Credit Risk Management including global oversight of Financial Institution and Hedge Fund Portfolios.  Additionally, he has held cross risk roles including Global Head of Risk for FX, Rates and Institutional Clients Group overseeing Market, Credit, Liquidity and Non-Financial Risk.  Prior to working at Deutsche Bank, Jonathan was at Goldman Sachs where he worked in Credit Risk and Legal.  
 
Jonathan has held leadership roles in a number of industry organizations.  He is the former Chairperson of the Capital Markets Credit Analysts Society from 2008-2011.  He is currently on the Board of Governors for the Risk Management Association (RMA) of New York.  He has been a speaker on a number of industry panels and a guest lecturer at the London School of Economics and Fordham University. 
 
 
 
**Registration can be done online by clicking here.

 

Members of RMA-NY Chapter: $20

Non-Members of RMA-NY Chapter: $45

DISCOUNT Join/Re-Join and Attend the Webinar: $85 (Memberships valid until 8/31/2022)

 

Policies:

Your membership category will be verified after receipt. If an adjustment is needed due to selecting an incorrect category at checkout, RMA NY Chapter is authorized to place a charge or credit on the card number supplied. All payments must be received prior to admission to meeting. THE OFFICIAL CUT-OFF DATE TO PRE-REGISTER is Wednesday, June 9th 2021. Cancelations must be received 48 hours in advance to qualify for a refund; cancelations after that time and no-shows are liable for payment. 

 

Phone: 914-332-0042 

Fax: 914-332-1541

Register Online at: www.rmany.org

RMA New York Chapter

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