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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…
Read more…I have just published a guide on PEPs screening requirements around the world and would like to know if anybody has any feedback on it? https://complyadvantage.com/blog/politically-exposed-persons-peps-screening-requirements-around-the-world/CA-PEP-Screening-Map-FINAL-V7 (1).jpg
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
Chris -
I'm just a poor dumb tomato farmer......
Mike Benishek, Pd.T.F.
Christopher R. Lonn said:
Sounds like you have quite a business Mike. Would love to hear more as I have over 28 years of risk management experience as well. I am currently looking for my next opportunity. Feel free to contact me if you like.
Regards,
Chris Lonn
crlonn@hotmail.com
Mike Benishek said:
Hello All -
Below is my Biography from RIMS.
Mike Benishek is the Director of Risk Management & Insurance for PTG Management Company, which is the management company for a privately held, 12,000 employee, international agribusiness conglomerate head quartered in Palmetto, Florida. Mike is responsible for the Risk Management, Insurance, Claims, Environmental and Legal exposures for the 28 international organizations that make up the conglomerate.
Mike has been actively involved in Risk Management since 1974 and has experienced almost every facet of the Risk Management and Insurance professions through his extensive experience in working in the Manufacturing, Heavy Construction, Petro-Chemical, Insurance Brokerage, Insurance Carrier, and Agribusiness sectors. He was previously nominated for the Business Insurance "Risk Manager of the Year" award. Mike has been featured in numerous articles in Business Insurance, Risk & Insurance, National Underwriter, and Risk Management Magazine.
You are probably most familiar with the advice and observations he offers on the Internet in the Risk and Insurance Management Society’s (RIMS) Risk Professionals Digest and International Digest discussion forum's. Additionally, he is a co-moderator of the international “Risklist” Risk Management discussion forum on Yahoo.
Mike is the former President of the Tampa Bay Chapter (two times) of the Risk and Insurance Management Society and is their Webmaster. For the past 12 years he has marketed the registration for the Florida RIMS Educational Conference which is currently in its 36th year. He was Chairperson of the record setting 2008 Florida RIMS Educational Conference. With 682 attendees this made it the second largest Risk Management conference in North America. http://florida.rims.org
On a national level, Mike also served on the following National RIMS committees:
* Risk Management Industry Liaison Committee
* Nominating Committee
* Governance Committee
* External Affairs Team
* Quality Insurance Congress
Mike is a co-creator of the RIMS “Arthur Quern Quality Award”, which he created along with Steve Wilder (Walt Disney Companies) and David Maire (U.S. Olympic Committee). Mike was the Moderator/Speaker at the San Francisco RIMS 50th Anniversary Conference for the best attended session, "Employment Practices Liability - Don't Let the Wave of the Future Get You All Wet....".
Off the job, Mike is involved in the local Chamber of Commerce, having held two Chairman positiions for both the School Budget Review Committee and the Local School Issues Committee. Currently Mike is a volunteer in the Manatee County Teen Court Program; where his son Alexander is a Teen Court Attorney and his other son, Cameron is a Bailiff.
Mike actively practices risk management on weekends by racing his "slightly modified" MX-5 roadster in regional autocross events, as well as instructing others in the “art and science” of autocross racing. Mike lives in Ellenton, Florida with his wife and two children. During the weekends that he is not racing, you can find him with his family at their weekend vacation home in Hog Valley, Florida; which is in the middle of the Ocala National Forest on the Oklawaha River.
Hello Boris! Thank you for inviting me to join the group!
Dear Community members! Nice to ''meet' you all here!
I am a fund raisung freelancer willing to learn as much as I can from the fellow community members as well as share anything you would like to learn about Russia in regards to doing business here.
Ready to share my thoughts and ideas as well as prospective contacts that might help you navigate your business in Russia.
Cheers,
Sofia.
Bambour Buki Omoyiola said:
Hi Boris and collegues,
I am Oleg Zakabunin/ Lithuania/.
22 year experience in creating, developing and assessing of management system for SME in Baltic States, Russia, Ukraine.
Lead auditor on QMS, EMS, OHSAS systems . Risk assessment tools for me are as additional tool in providing audits for the clients. Hovewer, do not fill myself as super professional in Risk management field :). So quiet good opportunity to learn experience of others in the Group.
www.Twitter.com/zakabunin
http://lt.linkedin.com/in/zakabunin
Dear Community members,
I joined this forum in order to exchange views with professionals focussed on operational/hazard risk management and in particular with a view to emerging markets. I am interested in the crossroads between upfront risk management and risk transfer via insurance solutions.
I have extensive insurance underwriting experience through work in direct (primary) insurance and reinsurance, captive management and corporate insurance management and now head a team of professionals involved in conducting risk & insurance management due diligence at clients to which we lend or into which we invest.
I work for the World Bank Group in Washington DC. Feel free to connect on LinkedIn too.
Hi everyone.
Lilian Cattan, Risk Management Section Head at one of the leading Manufacturing Groups in the Middle East where I'm responsible for implementing the ERM framework as per COSO's. Previously worked as a risk analyst for four years at Arab Bank which is also considered one of the leading banks in the Middle East.
Dear All,
I haved worked as a Head of Risk and a Risk Culture Builder at both Asset Management and Commercial Banking Insititutions within and outside of Pakistan. Over the years , I have developed exhaustive understanding of risks that exist in both Sharia'a and Non -Sharia'a Compliant Investment and Financing/Lending Products.
I have invaluable expereinces to share with respect to setting up and restructuring of Financial Risk Management Departments at Islamic Banks and Asset Management Firms . This includes developing policy and procedure manuals, recruiting of staff, imparting Risk Trainings and preparing the entire SDI (System, Design & Installation) workflow frameworks for the department itself.
Specialties
1. BASEL 2 Accord
2. Market Risk Management
3. Treasury Middle Office Management
4. Credit Risk Management
5. Bank ALM Risk Optimization Models
6. Risk Management Manuals, Policies and Guidelines for both Commercial Banks and Asset Management Firms
7.Operational Risk Management
8. Quantitative Risk Analytics
9. Bank - Wide Internal Controls
10. Islamic Financial Risk Management
11. IFSB Standards / Guidelines on Capital Adequacy
12. Greenfield Project Feasibility /Risk Appraisal
My goal is to work as a Risk Management Professional with a Tier 1 Financial Institution at the global level.
Professional Qualifications/ Certifications
•(VaR) Value at Risk – Crash Course organized by Alchemy Actuaries and Consultants at J.W. Marriot Hotel, Karachi on the 6th of February 2007.
•Economic Capital, Limit Management and Basel II Accord Course organized by Alchemy Actuaries and Consultants at J.W Marriot Hotel, Karachi on the 7th of February 2007.
•BCM – Business Continuity Management course organized by RKAZ at IBP – (Institute of Bankers Pakistan) on the 10th of July 2007.
•Risk Audit Course organized at the LRC – Learning Resource Centre by SBP- (State Bank of Pakistan).
•Market Risk in Treasury Management course organized by IBP – (Institute of Bankers of Pakistan) on the 26 and 27th of Nov 2007.
Currently I am open to offers in advisory , consultancy , risk system implementation and full time job oppurtunities in the above mentioned fields of specialisms.
I also have attached my detailed CV for your perusal.
Kindly all interested should contact me at:
+923212394180
quantitativeanalytics31@hotmail.com
TIIB UPDATED RESUME CV.doc