We are working hard on the ERM Summit for the Fall. The agenda will be published soon. The Summit will be virtual and is designed for ERM leaders.

Center for Excellence in ERM 

April 22nd 2021 ERM Summit – ESG and ERM

St. John’s University

Time

Topic

Speaker (s)

9:00 - 9:05

Welcome

Dr. Paul L. Walker

9:05 – 9:30

ESG 101

Vrushali Gaud, PWC

9:30 – 10:20

Fireside Chat - Investment Perspective on ESG and Risk

Ray Cameron, Head of Investment Stewardship, Blackrock

Chris Ruggeri, Deloitte

10:20-10:30

Break

10:30 – 11:05

ESG: A Board Member’s Perspective

Avril Ussery

Sisk, Board of Managers NextUp Solutions LLC

11:05 – 11:55

ERM Alignment with ESG

Zach Wolff, Director - Enterprise Risk Management and SOX, Con Edison

Christopher Geiger, 

Enterprise Risk and Sustainability Director,

Lockheed Martin Corporation

11:55 – 12:00

Close and Takeaways

Dr. Paul L. Walker

Draft Agenda

October 29th, 2020 – Virtual ERM Summit

How the ERM leader enables oversight and management of the big risks

This ERM Summit will take a deep dive into how ERM leaders can better enable board risk oversight including board requirements and mandates, current board risk reporting practices, the role of management in risk oversight, and how business leaders take ownership of risks. 

Part I - Board responsibilities and perspective on risk oversight

-       Board requirements and best practices in fulfilling board risk oversight responsibilities. 

-       Barton Edgerton, NACD, Associate Director, Governance Analytics

Part II - Board risk oversight practices – current approaches and patterns

Part III - Management responsibilities/perspectives respective to ERM governance and structure within the organization

o   Charlotte Young, Winrock, General Counsel, Vice President and Chief Risk and Compliance Officer

o   Geralyn Fanelli, PepsiCo, Global Enterprise Risk Management, Senior Director

Part IV - How business leaders take ownership of risks

o   Zach Wolff, Con Edison, Director – SOX and ERM

o   Christian Martinez, Con Edison, Section Manager of Gas Integrity Management

o   Stu Horn, IBM, Director, Enterprise Risk Management

o   Louis Ferretti, IBM – Supply Chain Risk, Environmental and Compliance Programs

My 2 cents is an organization’s options are below, from cheap to complicated and more dollars.

-          Use maturity model. A little input. A little output.

-          Attend ERM events.

-          Peer to peer review (I know several co’s that do this)

-          Join an ERM group.

-          Get ERM training (COSO Certificate, CRMP, CRMA, MS or MBA in ERM at St. John’s, or the new St. John’s ERM Certificate). Get customized ERM training.

-          Self assessment of ERM vs COSO framework components and priniciples or vs ISO.

-          Ask leaders and board what they want out of the process via survey; workshops.

-          Deep dives on risk booms. 

-          Review or Audit of ERM by internal audit

-          Review or Audit of ERM by external party

Finally, compare your process to what other companies disclose. In the US, read the proxy. But also read the European, Australian, disclosures in the annual report. Their ERM disclosures are much better than US companies. Many disclose not only the board’s role but also how they are improving risk management and how they are managing the top risks.

Tentative agenda:

Francis Nicholson, IIA, CIA QIAL CRMA
Managing Director Global Advocacy

Three Lines of Defense

Michael Zuraw, ON Semiconductor, Senior Director – Global Enterprise Risk Management

Integrating ERM into the Business

Kevin Sams, LiveRamp, Senior Director Internal Audit and Enterprise Risk Management

ERM and Data Ethics

Stu Horn, IBM, Director, Enterprise and Financial Risk Management

Integrating ERM with Controls and Compliance

Center for Excellence in ERM - St. John’s University 

Tentative Agenda:

Registration & breakfast 

8:30─9:30 am  

Welcome

9:30─9:45 am

Dr. Paul Walker; Chris Ruggeri; Dean Norean Sharpe

General Motors 

9:45─11:15 am

Risk as an Influencer: Embedding Risk Acumen to Change Corporate Culture

Angela Hoon, Executive Director, SRM, GM 

Kristie Bidlake, Strategic Risk Manager, SRM, GM

Networking break

11:15─11:35

TD Ameritrade 

11:35─12:35

Risk Appetite at the Center of ERM

Spyro Karetsos, CRO, TD Ameritrade      

Lunch 

12:35─1:35

AARP

1:35─2:35

The role of risk management in organizational transformation

Scott M. Frisch, EVP & COO/CFO

Joe Pugh, Enterprise Risk Management Director

Networking break

2:35─2:55

Panel 

2:55─4:25

Title: The Risk Culture Path Forward

Denise Sobczak, Sr. Director Enterprise Risk Management (Global), PepsiCo 

Steve Richard, CAE, SVP, Internal Audit and Enterprise Risk Management, Becton Dickinson

Janet Nasburg, CRO, Salesforce.com

Wrap-up/closing

4:25─4:30

Dr. Paul Walker & Chris Ruggeri

Cocktail reception on the terrace

4:30─6:00

Center for Excellence in ERM 

Oct 11th ERM Summit

St. John’s University

9:00 to 9:30 - Registration & Continental Breakfast & Welcome

• Dr. Paul L. Walker

9:30 to 10:45 - Digital Disruption and Transformation 

• This panel of experts will discuss the business risks and ERM implications associated with current digital disruption and transformations. 

• Chris Ruggeri, Deloitte

• Tyrone Canaday, Protiviti

• Seth Rosensweig, PWC

10:45 to 11:00 - Break

11:00 to 12:00 - Enabling the business to better manage risk using data analytics

• A look at IBM's tool that provides CFOs and senior executives with indicators of country level financial and non-financial risks before they materialize. This one stop risk management reporting tool provides CFOs and senior executives with indicators of financial and non-financial risks before the risks materialize.  Fully automated, it transforms data from over 100 internal and external metrics using predictive analytics into a comprehensive country risk assessment.

• Stu Horn, IBM

• Lana Strazhkova, IBM

12:00 to 12:45 - Lunch

12:45 to 1:45 - Machine learning and ERM

• How Bloomberg uses machine learning to build and enhance ERM. 

• Mihaela Nistor, Bloomberg

• Aziz Lookman, RationalAi

• Adam Krohn, Bloomberg

1:45 to 2:00 - Break

2:00 to 3:00 - Business Model Innovation and Risk

• Applying a Risk Appetite framework to ensure agility through better decisions. 

• Soubhagya Parija, NYPA.

3:00 to 3:30 - Moving Forward

• Deon Minnaar, KPMG

Our next risk summit is all set. The them is the ERM Journey. We'll focus on how PepsiCo, Time Inc, Estee Lauder, and ConEdison built, grew, sustained, and even today, challenge and assess, their ERM programs for better success. 

Guest speakers include:

Russ Charlton, Time, Inc.

Rich Muzikar, Long Island Power and formerly Con Edison

Zach Wolff, Con Edison

Denise Treacy, PepsiCo.

Frank Fronzo, Estee Lauder

Our next risk summit will be Oct 19th 2017 at our Manhattan campus. Current speakers include:

- Kristie Bidlake, Strategic Risk Manager, General Motors. Kristie will discuss the Interconnectivity of Risks and how GM implemented this approach to help leadership focus on prioritizing top risks when implementing strategies.

- Denise Treacy, PepsiCo, Inc, Enterprise Risk Management Sr. Director, Latin America. Denise will discuss "Enterprise Risk Solutions with What If Scenarios - An End to End Approach" 

- Erik Moreno, Time Inc., Executive Vice President and President, Corporate Development, New Ventures & Investments

Join the Center for Excellence in ERM at St. John's University for the annual Spring ERM Event. Final agenda and speaker list TBD. 

Confirmed speakers include:

Stuart Horn, Director, Enterprise and Financial Risk Management, IBM

Claudio Martinez de la Vega, Director, Enterprise Risk Management, IBM

Fang Yuan, Risk Management Analytics Lead, IBM

Session title: Using scenarios, analytics, and cognitive technology to manage emerging risks

Rob Gould: Chief Audit Executive, Harley-Davidson, Inc.

Session title: Planning for Business Model Disruptions

Kathy Robinson, Chief Audit Executive, ADP

Session title: Noise to signals to business models - How ADP identifies, aligns, and links trends and previously unknown risks to their business

Arya Yarpezeshkan, Senior Vice President, Director of Risk Management, Western World Insurance Group

Session title: A Process for identifying, analyzing, and board reporting of emerging risks and opportunities

Cyber risk is the industry’s biggest opportunity in 2017, but also its biggest challenge. 2016 was a record breaking year in the cyber insurance space. The cyber insurance market is set to reach $14 billion by 2022. This is an opportunity for insurers and reinsurers to innovate their cyber insurance products that manage various degrees of risks and cover cost-associated to data breaches, credit monitoring, forensic investigations, reputation management, and business interruption.

Increased cyber risk awareness among executives and high cyber-related losses have boosted the level of its importance in the market. As a result, the insurance and reinsurance providers of the cyber insurance industry have taken this opportunity upon themselves to secure higher margins. For property-casualty insurers, the expanding Internet of Things (IoT) will continue to open up new horizons for both personal and commercial lines carriers. Given the speed of connectivity that drives business, everyday life, and the likely gaps in protection, it’s inevitable that cyber breaches and ransomware will become more widespread. As our world becomes further connected through the IoT and more businesses switch to intangible assets, insurers will need to respond by further mitigating evolving exposures, while, providing new yet beneficial products to meet the emerging needs of their clients. After all, any size cyber breach is a threat to an organisation’s brand and reputation.

This forum will address the topics of cyber risks, emerging risks, and the changing risk landscape.

Moderator

Dr. Paul L. Walker, James J. Schiro / Zurich Chair in Enterprise Risk Management & Exec. Director, Center for Excellence in ERM, St. John's University

Speakers

John Farley, Vice President and Practice Leader, Cyber Risk Management Services, HUB International

Adrian Scott, Global Head of Cyber, Pen Underwriting

Tracey Vispoli, President, Berkley Cyber Risk Solutions, a company of W. R. Berkley Corporation

To register contact:

alana.gutierrez@euromoneyny.com

Microsoft will host the RIMS and St. John's ERM Center for Excellence risk summit on Dec 6 at the Microsoft headquarters. Read more at:
 

https://www.rims.org/RiskSummit/Pages/Risk-Summit-Seattle-2016.aspx

Join the Center for Excellence in ERM at St. John's University and the School of Risk Management for our cybersecurity event.

Keynote Address

Peter Warren Singer, Strategist and Senior Fellow at the New America Foundation, and contributing editor at Popular Science.

Panel 1: Cyber Threats to Critical Infrastructure – What’s At Stake

Moderator: Matthew J. Eggers, Executive Director, Cybersecurity
Policy, U.S. Chamber of Commerce; Guillermo Christensen, Senior Associate, Baker Botts; Chris Boyer, Assistant Vice President, Public Policy, AT&T Services Inc; Faye Francy, Executive Director, Auto-Information Sharing and Analysis Center (ISAC); Eric Cornelius, Worldwide Managing Director, Industrial Control Systems Security, Cylance.

Networking Break

Panel 2: Cyber Threats to Critical Infrastructure – Building Defenses

Moderator: Daniel Riordan, President, Political Risk and Trade Credit, XL Insurance America, Inc.; Scott Laliberte, Managing Director, Cybersecurity Practice, Protiviti; Thomas Reagan, Managing Director - Cyber Practice Leader, Marsh USA, Inc.; Elissa Doroff, Vice President and Product Manager, Cyber & Technology Underwriting, XL Catlin; Aileen Alexander, Senior Partner and Co-Head, Cyber Security Practice, Korn Ferry; Jason Healey, senior research scholar on cyber- conflict, Saltzman Insitute of War and Peace Studies, Columbia University.

Closing Remarks

Paul L. Walker

Cocktail reception sponsored by Korn Ferry and Singer book signing immediately following in the Davis Library

St. John's University, Tobin College of Business (101 Astor Place, New York)

Center for Excellence in ERM

Event Agenda

5:30pm - Cocktails and Networking

6:30pm - Introductions by Warner Johnston and presentation by Henry Ristuccia

7:00pm - Panel Event   

Introduction and Moderator Introduction: Warner Johnston, Head of ACCA USA

Moderator: Professor Paul L. Walker, James J. Schiro / Zurich Chair in Enterprise Risk Management & Executive Director, Center for Excellence in ERM at St. John's University

Dr. Walker is an expert in the field of Risk Management and co-developed one of the first courses on Enterprise Risk Management (ERM). He has written extensively on risk and ERM including the books Improving Board Risk Oversight through Best Practices, Making Enterprise Risk Management Pay Off and Enterprise Risk Management: Pulling it All Together. In August 2014, Dr. Walker released a new research report supported by ACCA and IMA entitled “A Risk Challenge Culture to Promote Good Risk Management Practices in the C-Suite and Across the Organization.”

Panelists

• Henry Ristuccia , NY based Partner in Deloitte & Touche LLP's Audit and Enterprise Risk Services (AERS) Advisory
• Lee Marks, current Global Head of Enterprise Risk Management (ERM) at First Data, Senior Vice President
• Michael J. Lynn, Thought leadership in Audit, Risk, Control and Governance