are and what you do... Have fun.
So feel free to get involved and say hello to your fellow group members - we want to know more about YOU!
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Dear GlobalRisk Community member, Our community’s mission is to foster business, networking and educational explorations among members. Learn from some of the top experts in the industry as they clearly explain how to approach the most important Risk management concepts. Check out their expert tips and use the link at the end of each article to navigate back to the website to leave your comment or ask a question. Some of the topics include: How do you Explain Risk Appetite? How to Prepare a…
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Read more…We created a free presentation (attached), which discusses both global and organizational impacts of the COVID-19 pandemic, along with critical actions organizations should take immediately. This presentation introduces a framework that helps regions and organizations navigate a path to recovery via 9 potential scenarios. These scenarios capture outcomes related to GDP impact, public health response, and economic policies. The presentation also breaks down 6 immediate and critical actions…
Read more…Now that the updated COSO and ISO risk management standards emphasize a connection to enterprise objectives and decision making, does this mean ERM and GRC solutions focused on risk registers and regulatory compliance are missing the true value of risk management?Will current risk management solutions evolve to integrate more decision support functionality or will standalone prescriptive analytics and other technology solutions take a more prominent role in enabling risk-informed…
Read more…We have an interesting question from one of our members. "We usually perform OTC FX transactions with clients backed-to-back on the market (with Banks). Now we are going to perform a FX swap (i.e. Spot + forward) JPY/EUR for the Bank account for 1 week at the longest. The purpose is to get EUR place @ CB for LCR compliance purpose (no trading purposes). Bank's Management think that this should be considered as a trading position and therefore be classified within the Bank's trading book.…
Read more…The recent sudden crash of oil prices has had a major impact on the world economy, leading to many troubled faces in the international arena. The Russians fear the effects of yet another powerful hit on their economy, Venezuela seems to be considering default and the Americans are weary of the consequences for its young and emerging shale oil industry. And then you have the Middle East, where the smallest match is enough to ignite the largest fire. But are these worries really justified or…
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Replies
By way if introduction, I "graduated" from the IT disciplines some time ago and have been in the management consulting world since 1980. I've been a practicing Business Continuity consultant since the mid-80's and more recently become heavily involved in Contract and Commercial Risk management. The Risk management domain has grown exponentially and I have an interest in all forms of Risk. Currently the challenges of managing contracts and commercial relationships is a growth area were we are providing some thought leadership, and for my efforts I'm the South African representative for the BCI and the IACCM as well as a Fellow of the Institute of Management Consultants here and Australia.
Most important issues, that subject is dealt a bit differently, any type of issue, would it be a low or high financial impact, if not handled properly can have a huge impact on reputation. Company has to do the right things, prove it and communicate on it.
Hope I answered, do not hesitate to come back to me.
great seeing you here.
Would be great to hear more from you regarding risk management approaches in your industry, primarily about biggest issues and potential risks.
Stephane C. Martin said:
Natalie Ivanov,
previously working in retail risk management (strategies and scorecards) in Russian and Canadian Banks, lster working on credit risk projects for TELUS (canadian 2nd largest telco), and currently as Insight Management Consultant with Clear Cell Group (global consulting company).
I am here simply because retail credit risk management is one of my biggest areas if interest. Of course, alway open for discussion about potential partnership.
Dear All, I am happy to be part of this group.
To quickly introduce myself I have 10 years of experience in Sales&Marketing in various industries and had an opportunity to start a new carreer in Risk Management 7 years ago.
I work 5 years for ArcelorMittal, world wide leader in steel manufacturing, essentially for construction (beams), cars and household appliances.
Following that merger in 2006 I felt it was time to exercise my RM knowledge and will to learn more in another industry, I chose Syngenta, world wide leader in Pesticides and other plant protection programs.
I wrote GMO in my title because it is a significant % of the turnover of the company and growing.
I can assure you going from manufacturing steel in blast furnaces at 1600° to biotech is a challenging move and very interesting.
In both company I worked at the headquarters to embed, organize and create risk management reporting.
I look forward to exchange on experiences, do not hesitate to contact me for any subjects.
Best regards,
Stephane Martin
PS: I am french, from Paris, you knowm that arrogant part of France...;-)))
c u on the net
I also have considerable experience with enterprise financial systems, internal financial reporting, enterprise portals and am striving to expand my knowledge of large integration systems which can process data from various systems and business units to provide consolidated, concise, real time information to management.
I am intelligent, innovative and can break down complex processes into simple terms. I tend to analyze heavily and then go to the heart of the matter. I am very gregarious and socially adept. I relate well with senior management and am comfortable dealing with individuals at the highest levels of the organization up to and including the board of directors as well as staff. I am an excellent team leader. I'm very well connected in the energy industry, with public accounting companies, systems providers and consultants in Houston and, to a certain extent, worldwide.
I relish problem solving; I'm a huge fan of Sherlock Holmes and do not believe that any problem is unsolvable. I like to be interested in what I am doing as this keeps me engaged. At this stage in my life I'm shifting to an advisory and leadership mode from grinding in the trenches, but I attack all of my projects with tenacity. A happy warrior, if you will.
I firmly believe that I can and do add value to projects in my scope, and willingly advise when another individual or organization might be better suited. You can find my LinkedIn profile at www.linkedin.com/in/ecollinsii or search LinkedIn for Edward Collins.
Cheers, all, and much success to you all.
Marcus
You are also free to create your own group in our community. We don't like a branding group because we are independent, but if you would create a group on a specific body of knowledge, invite people from within and outside community, start conversation, share knowledge you are welcome.
We are planning to become a largest independent Risk community, so the first adapters and people who profile themself will have a huge advantage.
Marcus Cree said:
John Wartman said:
Does SunGard have a group that handles alternative investment managers?
Thanks,
John Wartman
Marcus Cree said: