Event Agenda

*Agenda subject to change

7:00 a.m. – 8:00 a.m.
Breakfast + Registration

8:00 a.m. – 8:10 a.m.
Welcome
Al Dominick, President, Bank Director
Jack Milligan, Editor, Bank Director magazine
To open our annual Bank Audit & Risk Committees Conference, Al Dominick and Jack Milligan share recent trends and topics that influenced the setting of this year’s agenda.  In addition, they introduce some of the challenges and priorities to be discussed throughout the conference.

8:10 a.m. – 9:00 a.m.
How to Make Sense of the Market
Steven D. Hovde, President & CEO, Hovde Group, LLC
Just as the regulatory environment continues to change, so too does the banking marketplace.  To begin this year’s conference, we focus on the strategic challenges, operating conditions and general outlook for those banks — public and private — attending this annual event.

9:00 a.m. – 9:50 a.m.
So About Those Monsters Under the Bed…
Daniel D. Callahan, Chief Credit Officer and Chief Risk Officer, Commerce Bancshares, Inc.
Robert M. Fleetwood, Partner, Barack Ferrazzano Kirschbaum & Nagelberg LLP
Eric Sutphin, Principal, KPMG LLP
Moderated by: Al Dominick, President, Bank Director
While much has been written about various opportunities for banks to grow, with new opportunities come new potential threats and challenges.  Boards must be informed to proactively oversee the management of security risks, compliance challenges and reputational issues, to name a few.  Learn key questions boards should be asking to evaluate and prioritize risks.

9:50 a.m. – 10:10 a.m.
Refreshment Break

10:10 a.m. – 11:00 a.m. 
The Risk of Doing Nothing
Douglas G. Duncan, Senior Vice President & Chief Economist, Fannie Mae
For bank executives and board members, competition takes many forms.  Not only are banks burdened with regulation, capital requirements and stress testing, they now have the added pressure of competition from non-financial institutions.  While audit and risk committees focus on things like regulatory and compliance risks, this session lays out the risks of maintaining the status quo.  Indeed, financial institutions that ignore innovation do so at their own peril.

11:00 a.m. – 12:15 p.m.
Peer Collaboration
Exclusive to qualified bank attendees, the peer collaboration session offers participants a unique opportunity to share insight and learn from the experiences of their banking peers.

12:15 p.m. – 1:15 p.m.
Lunch
Sponsored by:  Credit Risk Management, L.L.C

1:15 p.m. – 2:05 p.m.
Cybersecurity: What the Board Must Know and Should Do
Sai Huda, Senior Vice President and General Manager, Enterprise, Governance, Risk & Compliance (EGRC) Solutions, FIS
Cybersecurity is the number one risk facing banks today. In this interactive session, learn how the new FFIEC cybersecurity exam procedures impact your bank and what the regulators expect you to do as a board. You will also understand what the cyber risks are, what the threat lifecycle is and what are the most critical vulnerabilities from recent cases and what are the best practices for the board to implement that deliver results. Electronic polling will also provide you with instant benchmarking intelligence.

2:10 p.m. – 3:00 p.m.
Topic Breakouts (select one)

Breakout I:  The Building Blocks of A Successful Enterprise Risk Management Program
Robert C. Oliver, Chairman & CEO, Hamilton State Bancshares and Hamilton State Bank
David H. Ruffin, Co-Founder, Managing Partner & Member, Credit Risk Management, LLC
Bankers may assume the implementation of an enterprise risk management (ERM) process is an expensive proposition; oftentimes, the benefits can justify the cost.

Breakout II:  Everything You Want To Know As A New(er) Audit Committee Member
Robert M. Fleetwood, Partner, Barack Ferrazzano Kirschbaum & Nagelberg LLP
John F. White, Partner, WeiserMazers LLP
In addition to understanding financial, audit and risk management issues, audit committee members are being asked to take on more responsibilities and perform at higher levels than ever before.  This informative session identifies the essential information that every audit committee member needs to know.

Breakout III:  The Challenges Faced by CFOs
Craig E. Yoder, Partner, Crowe Horwath LLP
Constant change in a bank’s CFO’s environment, be it regulatory, legislative or accounting, is creating very real challenges and burdens.  CFOs are daily confronted by situations that call on every bit of their expertise.

3:00 p.m. – 3:15 p.m.
Refreshment Break
Sponsored by:  McGladrey LLP

3:15 p.m. – 4:05 p.m.
Topic Breakouts (select one)

Breakout I:  So You Are Thinking About Making an Acquisition?
Steven D. Hovde, President & CEO, Hovde Group, LLC
As deal activity has started to pick up and stock prices are at near record highs, approaching potential acquisition opportunities with the right mindset is key to being a successful acquirer.  With continued consolidation in the banking sector, a successful acquirer must take a proactive approach or risk losing out on opportunities.

Breakout II:  Director Liability in the Current Regulatory Environment
Michael A. Mancusi, Partner, Arnold & Porter LLP
Brian C. McCormally, Partner, Arnold & Porter LLP
The federal bank regulators, the CFPB and the DOJ have each recently announced an intention to bring actions against senior management officials and board members for significant or persistent oversight and compliance deficiencies by their regulated institution. This session will discuss the areas of regulatory compliance being targeted by government agencies and best practices to evaluate and implement in response to these threats.

Breakout III:  How to Embrace All Facets of the Credit Ecosystem
David H. Ruffin, Co-Founder, Managing Partner & Member, Credit Risk Management, L.L.C.
This session will not only discuss the tie-in’s between more traditional transactional risk to those of the more macro portfolio quantitative risk, but all points in between that should inform a bank’s risk appetite in lending: policies, guidelines, underwriting performance, stress testing, reserves and even ERM component in lending — all designed to re-inform the credit risk appetite going forward.

4:10 p.m. – 5:00 p.m.
Point/Counterpoint Debate
Mitchell Eitel, Managing Partner, Financial Services Group, Sullivan & Cromwell LLP
Salvatore A. Inserra, Partner, Crowe Horwath LLP
William Linnenbringer, Director, SunTrust Banks, Inc.
Shepard Rainie, Executive Vice President and Chief Risk Officer, Radius Bank
A new addition to our Bank Audit & Risk Committees Conference, but a staple at our Acquire or Be Acquired Conference and our Bank Executive & Board Compensation Conference, at this event, we engage an attorney and a consultant with an Audit Committee Chair and a Chief Risk Officer to debate hot topics.  The audience participates by determining the winning argument.

5:00 p.m. – 6:00 p.m.
Networking Cocktail Reception 
Sponsored by:  Hovde Group, LLC

7:00 a.m. – 8:00 a.m.
Breakfast

8:00 a.m. – 8:10 a.m.
Welcome Back
Jack Milligan, Editor, Bank Director magazine
Mika Moser, Senior Vice President, Bank Director

8:10 a.m. – 9:00 a.m.
Is Cyber Security Even Possible?
Bo Holland, Founder & CEO, AllClear ID
Martin Liutermoza, Associate Vice President, Information Security, The NASDAQ OMX Group, Inc.
Vivian A. Maese, Partner, Latham & Watkins LLP
Moderated by:  Jack Milligan, Editor, Bank Director magazine
From Target to eBay, the U.S. Post Office to Sony, some of the world’s biggest brands fell under cyber attack in 2014.  So too did major financial institutions like JPMorganChase.  While fair to wonder if cyber security is even possible in today’s fast moving, digitally connected world, day two’s opening session shines a light on the lessons learned based on hacks outside of the financial sector.

9:05 a.m. – 9:55 a.m.
Topic Breakouts (select one)

Breakout I:  What’s in This Year’s Audit Playbook
Dawnella Johnson, Partner, Crowe Horwath LLP
In today’s highly regulated environment, this informative session will help bank audit committee members understand their role in regulatory compliance and how to maintain a healthy relationship with their institution’s primary regulator.

Breakout II:  Accounting Update
Mike Lundberg, National Financial Institutions Assurance Leader & Partner, McGladrey LLP
Tim Moritz, Great Lakes Region Financial Institutions Leader & Partner, McGladrey LLP
This session will feature an update on technical accounting issues that will impact the audit committee’s agenda for the remainder of 2015. This update will include an emphasis on the new credit impairment standards and will specifically address the significant impact the credit impairment model will have on banks and what you should consider as you plan for the new model.

Breakout III:  2015 BOLI and Benefits Update
Todd Andritsch, Managing Consultant, Equias Alliance
BOLI has become a best practice in the banking industry. In this session, explore how to maintain compliance of a BOLI program and discuss the impact of recent regulatory changes (Dodd Frank, Basel III, etc.) We will also provide an update on the use of nonqualified benefit plans as part of the bank’s overall compensation plan including various risk management provisions.  Securities offered through ProEquities, Inc., a Registered Broker/Dealer, and member FINRA and SIPC.  Equias Alliance LLC is independent of ProEquities, Inc.

9:55 a.m. – 10:15 a.m.
Refreshment Break

10:15 a.m. – 11:05 a.m. 
Topic Breakouts (select one)

Breakout I:  Hot Button Regulatory Issues
John M. Geiringer, Partner, Barack Ferrazzano Kirschbaum & Nagelberg LLP
In this session, we will discuss the pressing issues on which the regulators are now focusing — and for which bank directors should be prepared.  These include, among others, heightened expectations for directors, cybersecurity, BSA/AML, and consumer compliance.

Breakout II:  The New Imperative in Third Party Risk Management
Jill Czerwinski, Technology Risk Senior Manager, Crowe Horwath LLP
Intense regulatory focus and a variety of changes in the banking landscape have made third party risk management a top concern for many stakeholders, including the board of directors and C-suite executives.  While regulations surrounding third party risk management continue to evolve, new guidance and actions from regulatory bodies such as the FRB and the OCC clearly indicate that expectations are increasing, especially in areas such as business continuity planning, information security, reputation risk and sub-contractor management.  Primary challenges of implementing programs include translating the regulatory requirements into practical supplier lifecycle management, effective program management and improving the predictability of outcomes in a matrixed risk management structure.  This session will highlight key risk management considerations in supplier lifecycle management and provide insight into the current levels of program maturity across the financial services industry.

11:10 a.m. – 12:00 p.m.
Scaling Risk & Compliance to the Size and Complexity of the Bank
Ernie Draganza, Senior Executive Vice President, Chief Risk Officer and Secretary, S&T Bank
Lynn McKenzie, Lead Financial Services Internal Audit Partner for the West, KPMG LLP
One significant imperative for today’s officers and directors is fully integrating risk management, compliance and ethics that fit into a particular bank’s culture. And all of this must be done while addressing the many other challenges faced by all banks.  To conclude this year’s program, we look at how both an audit committee and a risk committee set the expectations to scale a risk appetite with compliance expectations to the size and complexity of a particular institution.

12:00 p.m. – 12:05 p.m.
Closing Remarks
Jack Milligan, Editor, Bank Director magazine