360 Financial Risk Management. best practice in credit, market & operational risk. incisive-training.com/frm. Course highlights:

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1 Course highlights: Best practice approaches for risk managers Risk management as process led: developing risk perception Impact, indicators and implications of the role of risk manager for 2011 Historical data extrapolation to improve future decisions Decision making risk appetite and risk tolerance setting Respond to upcoming regulatory challenges incisive-training.com/frm 360 Financial Risk best practice in credit, market & operational risk

2 About the course 360 Financial Risk Financial risk management has fundamentally changed. In 2011, challenges will be posed that get to the very core of market, credit and operational risk. In a volatile economic climate, financial risk managers are presumed to hold a 360 understanding of the risks involved when implementing risk control mechanisms. In response to these challenges, this seminar series brings together leading credit, market & operational risk managers to address the key risk management issues and drivers. Sessions will provide practical action-plans and strategies for risk managers to embed into their working practices. Participants at this seminar are actively encouraged to see financial risk management as process driven and comprised of risk intelligences. Sessions and workshops will focus on transferable best practice with seminars supported by complimentary access to interactive online content. Attendees will return to their desks ready to execute the key strategic approaches needed within modern financial risk management. Structure of the course With separately bookable days, each day is designed to communicate best practice approaches from leading risk managers who sit across market, credit and operational risk. : Day 1 Risk management approaches to market risk Day 2 Risk management approaches to credit risk Day 3 Risk management approaches to operational and enterprise risk : Day 1 Risk management approaches to credit risk Day 2 Risk management approaches to market risk Day 3 Risk management approaches to operational risk Book now Learning outcomes By the end of the course you will have a better understanding of how to take practical and contemporary approaches to risk management with specific knowledge about how to: Execute and understand how to cross functional approaches to contemporary risk management Recognize how to control, mitigate and manage market, credit and operational risk Hone and refine the modern risk manager s prized soft skills Identify and then improve real-time decision making processes Assess the main regulatory, capital adequacy and risk trending risk drivers Supplementary online content to build a 360 understanding of modern risk management Who should attend? This course is intended for risk managers. The course is designed to enhance risk-based decision making processes. It is particularly appropriate to those working in the areas of: Risk Risk Protocol Risk Control Market Risk Credit Risk Operational Risk Portfolio Risk Architecture Risk Analysis Risk Analytics call /+1 (212) traininginfo@incisivemedia.com web incisive-training.com/frm Risk

3 Course tutors: 360 Financial Risk DAY 1: MARKET RISK Joe Li, Managing Director, Global Head of Market Risk Credit Market, CITI (invited) Ian Daher, Principal, PROMONTORY Zhang Xun, Vice President, JP MORGAN Dennis Huang, Financial Vice President, Head of Research, BANK OF CHINA, NEW YORK (invited) DAY 2: CREDIT RISK Lisa Maguire, Executive Director, Risk Control, UBS (invited) Professor Ronald Filler, Director, Center on Financial Services Law, NEW YORK LAW SCHOOL Marco Pereira, Vice President, Risk, CITI Sanjay Gupta, Senior Vice President, Credit Analytics & Strategy, North America Risk, HSBC BANK Terry Benzschawel, Managing Director, Portfolio Analysis and Quantitative Strategy, CITI DAY 3: OPERATIONAL RISK AND ENTERPRISE RISK MANAGEMENT Kate Leibfreid, GWM Senior Global Operations Risk Director, CITI Jane Yao, Vice President & Director, Benchmarking & Survey Research Group, AMERICAN BANKERS ASSOCIATION Bakhodir A.Ergashev, Senior Financial Economist, Supervision Regulation and Credit/Risk Policy, FEDERAL RESERVE BANK OF RICHMOND José L. Fillat, Financial Economist, FEDERAL RESERVE BANK OF BOSTON Elliot Noma, Managing Director, GARRETT ASSET MANAGEMENT DAY 1: CREDIT RISK Evgueni Ivantsov, Europe Risk, Head of Portfolio Risk & Strategy, HSBC BANK Ruben Cohen, Managing Director, Risk Architecture, CITI Peter Whitehead, Director, Group Valuation Oversight, DEUTSCHE BANK Robert Clark, Head of Credit, ICBC (invited) Peter Dobranszky, Head of Risk Model Validation, BNP PARIBAS DAY 2: MARKET RISK Priyesh Khanna, Managing Director, Global COO, Market Risk, DEUTSCHE BANK (invited) Jim Congleton, Global Head of Risk Capital Modelling, BARCLAYS CAPITAL (invited) Lars Hansen, Chief Risk Officer, SEB BANK Marius Bochniak, Senior Manager, Risk Standards and Methods, LLOYDS TSB Professor William Perraudin, Professor of Finance, IMPERIAL COLLEGE BUSINESS SCHOOL DAY 3: OPERATIONAL RISK Kay Haggis, Head of Operational Risk & Group Business Continuity, RBS (invited) Tom Edwards, Head of Operational Risk, JEFFERIES (invited) Samuel Lee, Head of Operational Risk, Capital Markets, Europe, RBC CAPITAL MARKETS Risk Book now call /+1 (212) web incisive-training.com/frm

4 Supplementary online learning To support June 2011 s 360 Financial Risk seminar series, Risk magazine has developed tailored online materials to equip delegates with the additional resources needed to address contemporary risk management issues. Delegates will receive practical online precourse primer material especially selected by the tutors and Risk magazine to support and supplement the sessions covered in the course. Access to credit, market and operational risk online modules will build upon the key issues covered during the course and will enable delegates to refine their ideas and approaches to modern risk management. Course materials will be made available online, post event. Delegates will then have access to e-learning materials with our compliments for a period of 3 months. Delegates attending this course will better understand the key risk management fundamentals, and accessing the online content will refine their risk intelligences to build a 360 understanding of modern risk management. Venues and accommodation Please check website for details Please check website for details Coming up in 2011 Innovative approaches to auditing risk management 19 & 20 April & 29 April Patrick Hagan on Fixed Income & Credit 17 & 18 May & 24 May QuantWeek UK 6 10 June QuantWeek USA 3 7 October 2011 mailto:traininginfo@incisivemedia.com Risk Book now call /+1 (212) traininginfo@incisivemedia.com web incisive-training.com/frm

5 Wednesday 22 June, 2011 Day Opening address: market risk management in 2011 Priorities for the market risk manager Tutor Joe Li, Managing Director, Global Head of Market Risk - Credit Market, CITI (invited) 0930 Modern risk management Understanding risk factors and approaching modern risk management Recognising new risks: seeing risk management as process-led Real time risk management and the role of risk appetite, risk capacity and risk tolerance Tutor Ian Daher, Principal, PROMONTORY Risk management approaches to market risk 1130 Identifying market risk: risk appetites, tolerances and capacity The growing importance of risk appetite Defining risk tolerancesand designing risk appetite frameworks- what should be included? Thursday 23 June, 2011 Day Opening address: credit risk management in 2011 Priorities for the operational risk manager Tutor Lisa Maguire, Executive Director, Risk Control, UBS (invited) 0930 Credit risk management Using models to set limits and model risk Pricing portfolio credit risk and contemporary Credit Default Swaps (CDS) AAA is not AAA anymore : differentiating between credit rating scores Tutor Sanjay Gupta, Senior Vice President, Credit Analytics & Strategy, North America Risk HSBC BANK Risk management approaches to credit risk 1130 The impact of regulatory change on credit risk Risk management compliance with regulatory change Compliance: a question of doing the bare minimum or becoming best-in-class? Dodd-Frank: interpreting the regulation Tutor Professor Ronald Filler, Director, Center on Financial Services Law, NEWYORK LAW SCHOOL Tutor Macro, financial sector and risk developments: reshaping risk appetite reshaping risk tolerances defining risk capacity Dennis Huang, Financial Vice President, Head of Research, BANK OF CHINA NEW YORK 1345 Controlling market risk How to control market risk Risk management vs. risk measurement How to approach scenario analysis and stress testing Interpreting and applying credit metrics Tutor Zhang Xun, Vice President, JP MORGAN 1530 Roadmapping market risk approaches for 2011 Thoughts on meeting the IRC end of 2011 deadline Defining the priorities for Q3 and Q Open discussion: thoughts on key market risk indicators Tutor Speaker to be confirmed 1715 End of day one 1345 Controlling credit risk Exposure levels Mitigating counterparty risk Applying risk weightings on CCP cleared transactions Tutor Marco Perreira, Vice President, Risk, CITI 1530 Roadmapping credit risk approaches for 2011 Implementing Basel II into the modelling process and preparing for Basel III Enabling clear audit trails for model framework The case for devising internal models vs. modifying vendor models Embedding robust model control frameworks Tutor Terry Benzschawel, Managing Director, Portfolio Analysis and Quantitative Strategy, CITI Technical review and ddiscussion 1715 End of day two Friday 24 June, 2011 Day Opening address: trending for 2011: looking ahead to on-the-horizon developments Formalizing enterprise risk management Managing reputational risk Finding the value of operational risk Getting to Basel certification Tutor Kate Leibfreid, GWM Senior Global Operations Risk Director, CITI 0930 The operational risk perspective for 2011 The current risks Challenges ahead Priorities for the future Interplay of operational risk and enterprise risk management Tutors Kate Leibfreid, GWM Senior Global Operations Risk Director, CITI José L. Fillat, Financial Economist, FEDERAL RESERVE BANK OF BOSTON JaneYao,Vice President & Director, Benchmarking & Survey Research Group, AMERICAN BANKERS ASSOCIATION Elliot Noma, Managing Director, GARRETT ASSET MANAGEMENT Risk management approaches to operational and enterprise risk 1130 Operational risk tool-kitting Playing the game: understanding performance targeting Understand benchmarking Tutor Better decision making Prediction is futile: the case for stat integration in concurrence with scenario analysis Bakhodir A.Ergashev, Senior Financial Economist, Supervision Regulation and Credit/Risk Policy, FEDERAL RESERVE BANK OF RICHMOND 1345 Risk management perception: the risk manager s view vs. the traders view Two cultures: trading & risk management The psychology of trading Dow theory, technical analysis, biases conditional probability view The risk POV distributions unconditional probability view What design decisions go into risk management vs trading decisions? Time frames relevance of past facts decision making decision trees Technical analysis: support, resistance, charting, MACD backtesting, data snooping Tutor Elliot Noma, Managing Director, GARRETT ASSET MANAGEMENT 1530 Transferable techniques: onboarding best practice approaches to risk management Operational risk modelling moving to the future Applying macroeconomic stress-testing Achieving value in stress testing ICAAP operational risk approach Tutor José L. Fillat, Financial Economist, FEDERAL RESERVE BANK OF BOSTON 1715 End of the course

6 Monday 27 June, 2011 Day1 Risk management approaches to credit risk Tutor Reviving existingvar methodologies through-the-cycle versus point-in-time modelling approaches Linking time value, systemic risk and risk premiums Peter Dobranszky, Head of Risk ModelValidation, BNP PARIBAS 0900 Opening address: managing credit risks in 2011 Priorities for the operational risk manager Tutor Evgueni Ivantsov, Europe Risk, Head of Portfolio Risk & Strategy, HSBC BANK 0930 Modern model risk management Model risk and the credit crisis the market standard model The evolution of models and model risk vs. traditional model validation Calibration- transparency and targets and the calibration debate The product- model- calibration paradigm governance of model risk Tutor Peter Whitehead, Director, Group Valuation Oversight, DEUTSCHE BANK 1130 Credit and the impact of market risk measurement the new generation of market risk metrics Refurbished and new market risk metrics risk management in the post Basel III era The risk coverage ofvar, StressedVaR, IRC and CRM Tuesday 28 June, 2011 Day Opening address: market risk management in 2011 Priorities for the market risk manager Tutor Priyesh Khanna, Managing Director, Global COO, Market Risk, DEUTSCHE BANK (invited) 0930 Market risk management identifying key issues Controlling market risk via risk management and risk measurement Approaching scenario analysis and stress testing Interpreting and applying market/credit risk metrics Tutor Professor William Perraudin, Professor of Finance, IMPERIAL COLLEGE BUSINESS SCHOOL Risk management approaches to market risk 1130 Identifying market risk: risk appetites, tolerances and capacity The growing importance of risk appetite: defining risk tolerances Designing robust risk appetite frameworks- what should be included? 1345 Controlling credit risk Implementing credit risk frameworks 2011: the story so far Addressing credit risk from an emerging bank s perspective Tutor Robert Clark, Head of Credit, ICBC () 1530 Roadmapping credit risk approaches for 2011 Priorities for 2011 Credit scorecards Credit risk in a world of sovereign defaulting / unease Defining the priorities for Q3 and Q4 in 2011 Tutor Ruben Cohen, Managing Director, Risk Architecture, CITI 1715 End of day one Tutor Macro, financial sector and risk developments: reshaping risk appetite II. reshaping risk tolerances III defining risk capacity Lars Hansen, Chief Risk Officer, SEB BANK 1345 Controlling market risk modelling the incremental risk charge Scope of IRC modelling techniques and model inputs IRC Model risk Discussion: what are the main challenges present throughout the modelling process? Tutor Marius Bochniak, Senior Manager, Risk Standards and Methods, LLOYDS TSB 1530 Roadmapping market risk approaches for 2011 Thoughts on meeting the IRC end of 2011 deadline Defining the priorities for Q3 and Q Open discussion: thoughts on key market risk indicators Tutor Jim Congleton, Global Head of Risk Capital Modelling, BARCLAYS CAPITAL (invited) 1715 End of day two Wednesday 29 June, 2011 Risk management approaches to Day3 operational risk 0900 Opening address: operational risks in 2011 Priorities for the operational risk manager Tutor Kay Haggis, Head of Operational Risk & Group Business Continuity, RBS (invited) 0930 Operational risk Playing the game: understanding performance targeting Understand benchmarking Better decision making: using historical data extrapolation Prediction is futile: the case for stat integration in concurrence with scenario analysis Tutor Speaker to be confirmed 1130 Putting in place operational risk frameworks Frameworks for operational risk management Approaches to identifying operational risk Priorities for risk identification and for reporting Integrated risk oversights Tutor Tom Edwards, Head of Operational Risk, JEFFERIES (invited) 1345 Key performance indicators KPIs Benchmarking Implementation Case study Tutor Speaker to be confirmed 1530 Embedding operational risk management Context where are we in the OR learning cycle Recap on why we need to get operational risk management right Use of data for MI - MI v data use of statistics who are the users, and how do they use it? Operational risk appetite challenges what it means and how it should be used Stress testing & scenario analysis uses at the coal face and for capital purposes Tutor Samuel Lee, Head of Operational Risk, Capital Markets, Europe, RBC CAPITAL MARKETS 1715 End of the course

7 Registration & payment details Price to attend each day is 1500 / $1999 Please indicate below which day/s you will be attending: Day 1 - Risk management approaches to market risk Day 2 - Risk management approaches to credit risk Day 3 - Risk management approaches to operational and enterprise risk Day 1 - Risk management approaches to credit risk Day 2 - Risk management approaches to market risk Day 3 - Risk management approaches to operational risk Day Discounts 1 day 2 days 3 days 10% Discount 15% Discount 20% Discount *Price 20% (Discounts cannot be combined) 4794/11 NY 4793/11 LON Please complete the form below in BLOCK CAPITALS. Title First name Family name Job title / Position Department Company Address City Post/zipcode Country Telephone (direct) Telephone (main) Fax Approving manager Training manager Please note that payment must be received prior to the start of the event. A pro-forma invoice will be forwarded to you automatically should you not provide details with your booking. I have enclosed a cheque made payable to Incisive Financial Publishing Ltd. Please debit my: Amex Visa Mastercard Maestro Issue number Card no: Expiry date CVS Account address if different from above I have read and agree to the terms and conditions: Signature Date Incisive Financial Publishing Ltd. VAT No: GB For companies in EU member states only. Please write your VAT/TVA/BTW/IVA/ MCMS/MWST/FPA number here: Payment is required prior to the event. If you require an invoice please inform us stating whether you need an original or a fax copy. We accept company cheques, credit cards and bank transfers. Please allow a minimum of seven working days for a bank transfer to reach us and phone or fax us when it has been sent. Please state the event name and delegate name to which it relates. Book now call /+1 (212) traininginfo@incisivemedia.com fax +44 (0) web incisive-training.com/frm

8 Your fee Your registration fee includes breakfast, lunch and refreshments and your documentation pack. Book online or fax the completed form with your credit card details, or follow up the provisional reservation with a cheque made payable to Incisive Financial Publishing Ltd. In order that we process your registration with maximum efficiency, we request that a copy of this booking form accompanies your payment. Subscriptions If you currently don t subscribe to Risk magazine please contact karen.griffith@incisivemedia.com for more information Accommodation Please see website for more information Customer Services Office US & Canada Office mail Conference Administration, mail Conference Administration, Incisive Media, Haymarket House, Haymarket,, SW1Y 4RX, UK Incisive RWG, 120 Broadway, 5th Floor,, NY10271, USA call +44 (0) call +1 (212) fax +44 (0) fax +1 (646) conf@incisivemedia.com conf@incisivemedia.com Warning: Risk is a registered trademark, and the title, contents and style of this brochure are the copyright of Incisive Media. We will act on any infringement of our rights anywhere in the world. Incisive Media. Cancellation/Substitution: A refund (less 10% administration fee) will be made if notice of cancellation is received in writing three weeks before the conference. Regrettably, no refunds will be available for cancellations received less than three weeks before the event start date. If you do not attend the event or notify us of your intention to cancel, the full fee will still be payable. A substitute delegate is welcome but the organiser MUST be notified in advance of the conference to avoid incurring a charge. Substitutions may NOT be made at the conference.. Disclaimer: The programme may change due to unforeseen circumstances, and Incisive Media reserves the right to alter the venue and/or speakers. Incisive Media accepts no responsibility for any loss or damage to property belonging to, nor for any personal injury incurred by, attendees at our conferences, whether within the conference venue or otherwise. *All discounts must be redeemed when booking, discounts will not be valid or applied after this time. Incisive Financial Publishing Ltd reserve the right to decline any discount offers and this offer cannot be used in conjunction with any other offer. Incorrect mailing, data protection: If any of the details on the mailing label are incorrect, please return the brochure to our database administrator at Incisive Media so that we can update our records and ensure that future mailings are correct. Please find our mailing address and fax details above. By registering for this training course, Incisive Media* will send you further information relating to this event. In addition we will send you information about our other relevant products and services which we believe will be of interest to you. If you do not wish to receive other relevant information from Incisive Media via a particular medium please tick the following relevant boxes: Mail Phone Fax . Incisive Media will also allow carefully selected third parties to contact you about their products and services. If you do not wish to receive information from third parties via any of the following media please tick the relevant boxes: Mail Phone Please tick if you are happy to receive relevant information from carefully selected third parties by and Fax. Please remember that if you choose not to receive other literature you may miss out on some exclusive offers. *For a list of companies included in Incisive Media please see our website