SS1/23: The Journey so far – Practical Implications and Key Considerations

Former CEO of ClusterSeven, with over 30 years of experience in the financial service and technology sectors. Prior to ClusterSeven, Henry was senior director at Microgen, London and held various management positions at AFA Systems and ICAP in the UK and HK.

Adam leads model risk management in the UK and brings over 20 years of experience to the Banking Risk practice of KPMG, with the last 17 years in London. He has directed engagements at > ten global banks on model governance, model lifecycle and model validations across credit, derivative pricing, and non-financial risk models. Adam has also partnered with large global banks on strategic risk transformation and operating model re-design.

Adam is a Fellow of the Institute of Chartered Accountants in England and Wales and has a BCommerce (Accountancy) and MFin (Financial Engineering).

Thorsten leads model risk management governance and covers regulatory matters related to model risk management, in addition to a number of other responsibilities.

Before joining Morgan Stanley Thorsten has held roles in credit, market and liquidity risk as well as capital planning at various other firms.    

Sam is a senior risk and control and front to back process specialist in the corporate banking, capital markets and wealth management space from a strategic, tactical and execution perspective. Operational Resilience, Operational risk, Outsourcing/ Third Party Risk, Cyber Risk, Conduct Risk, change management and cross functional business process expertise together with governance, regulatory and process/ control assessment and enhancement experience. Focus areas include building/ enhancing operational resilience, operational risk, conduct and culture risk, and outsourcing risk and control frameworks; enhancing/ changing business processes and controls and partnering with the businesses and functions to improve embedded risk management, provide value add and opportunities to the business through effective risk management, and as a by-product ensuring compliance with regulatory expectations including operational risk capital.

Simon leads the Prudential Capital and Risk team at UK Finance, which focuses on influencing the implementation reforms to capital and liquidity requirements in the UK. He leads UK Finance's work on the senior managers' and certification regime (SMCR), which seeks to improve bank-wide governance and culture, and has extensive knowledge of prudential regulatory architecture.

He is also interested in operational resilience and different types of bank capital and funding instruments such as bail-inable and covered bonds and securitisation structures. His banking background is in fixed income sales, trading and origination as well as energy and aerospace project finance. He is liveryman of the Worshipful Company of International Bankers and is a former member of the European Banking Authority's Banking Stakeholder Group.