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XLoD Global - London 2024

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Panel Discussion: The Evolving Target Operating Model for the 1st Line

13 Nov 2024
  • What are the key considerations for firms when designing their 1st Line target operating model? How are practitioners expecting the operating model to change in the coming years?
  • How well are 1st line control teams balancing the management of BAU controls with the successful delivery of change programs & incident management?
  • Are 1st line risk & control functions sufficiently resourced with the appropriate breadth of skill sets required to manage expanding nonfinancial risk types?
  • How can firms harmonise controls and redesign the processes to increase coverage, efficiency and effectiveness? Are there any ‘easy wins’ banks can implement to increase efficiency and effectiveness?
Chairperson
Simon Brady, Editor - 1LoD
Speakers
Chris Palmer, Managing Director, Head of Markets Controls - J.P. Morgan
Nick Lovett, Managing Director, Head of Business Risk Management & Operations, Non Core & Legacy - UBS
Saira Shah, Managing Director-Head of Global Front Line Risk Program Execution, CIB COO - Wells Fargo
Rupal Patel, Co‑Head of Business Development - Acin
Craig Butterworth, Chief Commercial Officer - Droit