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…
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
Hi everyone
Intro: I have more than 20 years' experience in the financial derivatives markets. I run my own financial engineering consultancy called Financial Chaos Theory (http://www.quantonline.co.za). We are independent derivatives pricing experts. The company is now 10 years old and we just helped the South African Central Counterparty (CCP) in quantifying and setting up a new default fund. This CCP is now fully compliant with the CPSS-IOSCO principles. We understand the challenges facing developing capital markets and we are open in gaining new clients with financial engineering needs. I am keeping close ties with some universities and am also still an active academic researcher. Find my research at www.researchgate.net and www.academia.edu and www.ssrn.com.
Hello again,
After my submission in the 2012 almanac on the instability of housing finance I find an urgent need to draw attention to the instability of government bonds as an asset.
The banking system in the low inflation / low interest rate economies is extremely vulnerable because the assets that they hold are vulnerable to any increase in interest rates as witnessed by the market reaction to the Japanese QE aimed at raising inflation (and interest rates inevitably), and the market response to the Fed's hints at easing QE.
I am therefore drawn to mentioning the urgent need to reform debt structures if we are to find a safe exit from low interest rates. Without that safe exit there is only a wall of fire awaiting those economies as rising interest rates inevitably bring the whole structure crashing down.
My take on the solution to this can be found in my blogs starting with this one:
http://ingram-school-illustrations.blogspot.com/
Hi all,
I recently left the corporate world to explore the opportunities of consulting. My background is in financial markets, specifically risk and operations with specialities in business continuity, strategic planning and change. I have build relationships with the large consulting houses as well as developing links of my own, the idea being that I can outsource my skills and IP to those who need them.
My view is that many corporates think they know what they need and only realise what is missing when something happens. Very few are smart enough to plan for the less obvious events and many do not invest in their future to prevent inherent risks in under investment.
Having been on the inside and now moving to the outside, my insights are relevant to corporates, a term that is often the reason for consultants not making inroads into corporates........they arent always believable.
Brief introduction about myself
Belgium (Brussels)
Hands-on Credit Manager with strong commercial background
Recovering payments and improving operational efficiency have been my goals as a management professional. Educated in credit management, and possessing more than a decade of experience in credit and collections activities in diverse industries, including manufacturing, logistics and consulting firms, I consistently deliver outstanding results.
A dedicated team player and people manager, I enhance employee development with training and mentoring. An excellent negotiator, I reduce costs and obtain the most favorable terms from outside vendors and other third parties. Skilled at interacting with customers, staff and management, I communicate clearly and effectively to build relationships and provide accurate information.
Willing to go beyond expectations to enhance your organization’s operations, I establish metrics to measure success and devise strategies to streamline operations. An analytical thinker, I identify problems and devise creative solutions, permitting your organization to exploit opportunities for growth.
Highlights of my accomplishments include:
I am confident that my expertise can generate great value for many organizations. For a more detailed presentation of my skills and experience, please review my LinkedIn profile and feel free to contact me at your earliest convenience. Thank your for your consideration. I look forward to your call.
Sincerely,
Piet Jaspers
Richard Colligan, Ph.D. here. Nice to know all of you.
Senior Proposal Manager/Director with over 20 years of proposal development experience: Managed a 70-person Proposal Center of Excellence for McDonnell-Douglas Aircraft Corp. Long Beach, CA. Managed $500 million – $Billion proposals
the DoD, as well as, DISA NSA, NASA, DHS, FEMA, Coast Guard, CMS etc. (Navy Retirement)
Took the “Shipley Associates” and “Hi Silverman” Proposal Development courses.
Through knowledge of narrative and oral proposal processes through Shipley:
Hi Everyone,
I am Paul van Nieuwenhuizen, and I am working in the Pharmaceutical Industry with 25+ years experience. I have worked in Manufacturing and Quality Assurance during this time. I am currently with one of the top 5 Global Pharma companies based in Singapore.
I oversee the Quality Operations for Marketing companies and in-market Logistics Quality risks in an Asia Pacific role.
My main interests are Pharmaceutical quality risk management linked with supply chain risk management.
Looking forward to being part of this community.
Regards
Paul
Greetings fellow members. I am Anthony Eaton of InLaw LLP., an international law alliance based in London and operating since 1961 a a partnership and becoming a Limited Liability Partnership in 2003. We are particularly involved in private international law, contract, trust and foundation law and risk, anti-corruption/fraud and money-laundering. We have a multi-disciplinary group in London and I have lived and worked in the USA (1972/1980) the Turks and Caicos Islands (1980/1983) and again in the USA (1983/1988).
Through professional memberships we have close relationships with locally qualified practitioners in 187 nations and have had considerable experience of holding a "watching brief" for clients working in multiple jurisdictions.
This organization provides a major forum for discussions which have very considerable bearing on multi-national business and I am happy to belong.
Richard D. Colligan, Ph.D.
Senior Proposal Manager/Director with over 20 years of proposal development experience:
Managed a 70-person Proposal Center of Excellence for McDonnell-Douglas Aircraft Corp. Long Beach, CA. Managed $500 million – $Billion proposals
Subject Matter Expert (SME) in the preparation and delivery of ‘Award-Winning” proposals. Also, Integrated Logistics Support (ILS), CM, Quality Assurance, Cyber Security, and Risk Management.
Took the “Shipley Associates” and “Hi Silverman” Proposal Development courses.
Through knowledge of narrative and oral proposal processes through Shipley:
Hi GRC-member,
I would like to take advantage of this opportunity to briefly introduce myself to the Global Risk Community members.
I started my career in developing business control procedures in the banking field. In discussing my work with EDP-auditors I got involved in IT-security. This triggered my appetite for development of expertise in IT, network and financial risk. The world of financial services became the front runner industry on risk awareness and risk control.
As BCBS introduced the Basle risk framework (later: Basle I), and banking risk more and more aroused my interest. The Basle II, Basle III as well as the Solvency initiatives have strengthened my interest. After I got deeply involved in finance matters (within and outside financial services) I broadened my scope to (financial) reporting and risk.
I worked on several of these subjects and succesfully implemented supporting processes.
I am always interested in discussing new developments in risk management, compliance and reporting. If you experience difficulties in implementing or managing risk, you might want to connect. Jobs or business opportunities may result from this.
Hello all,
My name is Lisa and I am the proud owner of The Staff Room in Canada. We are a full HR management service firm. We are like a remote HR department which keeps your costs down. We do everything from recruiting to WSIB cost saving on your NEER to policies and Health and safety to legal advise on offer letters and terminations....We are your number 1 HR management full service source!
We offer a one hour HR consultation to see where and if we can help you. We are about helping you save money and not spend where you don't need to. We pride ourselves on quality and honesty.
www.the-staffroom.com
thestaffroom1 is our tweeter..
Let us know what you think - our website is currently undergoing a full revamping..so please be patient on this.