10 years ago, the sudden shutdown of Lehman Brothers plunged the world into a global economic crisis and highlighted what came to be known as “systemic risk”.
This concept brought the danger and potential impact of uncontrolled business practices to the attention of political leaders, leading them to issue various new regulations. Since then, risk management has been valued in business organisations as a vital element, as it enables companies to prepare for and avoid potential crisis by establishing internal standards of “clean business”.Mastering uncertainty through the prism of two components “impact” and “probability of occurrence” is the role of risk management. In an ever rapidly changing world, forecasts need to factor in tomorrow’s risks, be they geopolitical (e.g. a trade war between China and USA), environmental (e.g. new sets of regulation echoing public expectations) or technological (e.g.: rise of cybercrime).You will learn the fundamentals of risk management, the different types of risks and be presented with a risk map deliverable. We will also delve into how the Project Management Office (PMO) and risk management are interconnected.
- Redha Messager is the director of the Consulting Unit of APS Risk. He has over 13 years of experience in project management with PriceWaterhouseCoopers and CSC Peat Marwick, where he has been involved in international business transformation projects for the banking industry. He has extensive knowledge of the entire project life cycle, from strategy and business requirements definition to post-implementation support, endorsing a wide range of roles such as PMO, Business Analyst, Test Manager, Go-Live coordinator and Program Manager. He has worked in Monaco for the last 3 years, aiding his clients to drive their business transformation projects (mergers, new product development, reorganisation, system implementation, etc..), and to comply with local and international regulations on Data Privacy, Anti-Money Laundering, Tax, Risk Management and Market regulation.
- Ludwig Romineux joined APS Risk in 2014 in the risk management division. He has been involved in a great variety of assignments focusing on operational risk management, which led him to audit different business lines of the financial industry for the biggest Private Banks of Monaco. This includes a particular emphasis on banking operations, but also investment funds auditing, establishment of business continuity plans and additional topics such as data privacy regulation. His expertise in dedicated tools such as risk mapping are key resources from the perspective of providing added value and confidence for Executive.
- Jean Christophe Mikail has more than 12 years of experience in project management at Accenture, the Bank of Tokyo-Mitsubishi, SBM Offshore and APS Risk. He has been involved in many major projects for the international investment bank. Jean-Christophe has been Project Management (PMI) certified for 8 years and is a member of the Monaco Pole PMI. The definition of the organization and the project structure, the drafting of the project plan, the monitoring of the progress indicators, the assistance with the quality assurance of the deliverables and the reuse and adaptation of the project templates allow Jean-Christophe to bring added value to clients and improve their project methodology.
- Emilie Ea is currently working as a Senior Consultant in the private banking sector at APS RISK. In 2015, she began her career with Deloitte in HR consulting and honed her skills related to Human Capital Management along with Project Management, Quality Management, Process Optimisation and Change Management. Throughout her current assignments, she has been involved in solution implementation and regulatory projects in Monegasque private banks. Her professional experience also includes projects related to European institutions, the pharmaceutical and public sectors. Proactive, a team worker and curious, Emilie is known as being a woman of perseverance always aiming to deliver excellence.