Event: IAFE Credit Risk Committee Event: Risk Management Lessons Worth Remembering & Stress Testing
Date: May 20, 2010
Time: 5:30pm Registration, 6:00pm - Panel Discussion, 7:30pm - Reception
32 Old Slip
The IAFE Credit Risk Committee is pleased to invite you to
6:00 - Presentations Begin
7:30 - Reception
Presentations will include:
Risk Management Lessons Worth Remembering From the Credit Crisis of 2007-2009
The presentation will discuss eight general principles of risk management and eight important risk management lessons worth remembering from the Credit Crisis of 2007 – 2009. The Credit Crisis has clearly demonstrated the importance of a strong, independent risk management function and the eight general principles of risk management will help institutions to craft the foundation of their risk management organizations. The Credit Crisis has also revealed the inadequacy of many standard methods in quantitative risk management and called into question the efficiency of markets in general.
The analysis of the eight lessons worth remembering from the Credit Crisis provides insights into what went wrong and offers advice on how institutions can attempt to correct for these failings in the future.
Vice Chairman and Chief Risk Officer, BlackRock
Firm-Wide Stress Testing