Risk Management: Why Are Banks Failing?

In this webinar we will demonstrate the biggest single mistake made by most banks around the world when managing their risks. Despite the billions spent on risk management frameworks, staff, tools and technology, regulators are witnessing serious failures by banks of all types and sizes around the world. Regulators are now calling for banks to improve their risk management or face significant capital addons. However, how can risk management professionals fix frameworks when they don't acknowledge the fundamental problem? Attendees will have the opportunity to experience a live demonstration of this mistake, and gain an appreciation of what is required to address it. All banks think their own risk management frameworks are good enough, and yet all banks continually fail this simple test. Takeaways: - Understand the facts & figures relating to the failures of risk management - Learn why most banks fail (i.e. collapse or suffer the largest losses) - Understand the common mistake which causes these failures - Understand how to address this issue About the Speaker: Allan is a seasoned leader, speaker, and risk professional with extensive experience advising global financial institutions such as Barclays, Lloyds, Fidelity, JP Morgan, and more. Currently, he serves as a trusted advisor to RBS/NatWest. Recognised as an expert in various risk disciplines across banking, Allan specialises in: - Enterprise risk management (credit, market, operational) - ICAAP and risk modeling - Worldwide regulatory compliance (including conduct, AML, sanctions) - Effective leadership and stakeholder relations - Establishing governance within financial services organisations Allan's approach involves sharing insights from his experience and entertaining anecdotes to simplify complex problems. This makes him a sought-after speaker at industry events and a valued advisor to clients.