SOLD OUT - Emerging Issues in Enterprise Risk Management

Please join Financial Women of San Francisco (FWSF) and the Global Association of Risk Professionals (GARP) for an essential assessment of enterprise risk management and its impact upon global financial markets. Responsibility for enterprise risk management is rapidly evolving as firms struggle to proactively and — often belatedly — manage an increasing array of external threats. Our esteemed risk management experts will discuss WHO is and should be responsible for enterprise risk management and WHY risk management issues are dominating corporate agendas — from the board of directors to outside auditors. Our experts will additionally explore emerging cybersecurity, financial system, regulatory, and operational risk management challenges endangering domestic and global enterprises and WHAT mitigation techniques can be implemented to optimize enterprise performance and outcomes.

PANELISTS
Rafael Garcia, Portfolio Manager, California Public Employees’ System (CalPERS), Sacramento, California

John Hallacy, Managing Director, Assured Guaranty, Ltd. New York, New York

Mary Colby, Managing Director, Head of the Municipal Fixed Income Research Group, Charles Schwab Investment Management Inc. (CSIM), San Francisco, California

MODERATOR
Susan Palm, Vice President, Industry Solutions, MetricStream, Inc., Palo Alto, California

SOLD OUT

PANELIST BIOS

Rafael Garcia, Portfolio Manager, California Public Employees’ System (CalPERS), Sacramento, California

Rafael Garcia manages the Operational Risk function within the CalPERS Investment Office and is responsible for implementing and managing the Operating Events and Escalation process and overseeing the development of the Investment Office’s Operational Risk Assessment framework.  He is also responsible for the Investment Contract Oversight and Investment Delegations functions.  He is a standing member of the Investment Office’s Operating Committee and Derivatives & Counterparty Risk Committee.  

Prior to this role, he served in several capacities within the back and middle office functions of the Investment Office and CalPERS Office of Audit Services. He started his career as an auditor with the California Bureau of State Audits.  

He received a B.A. degree in Economics and Political Science from the University of California, Davis and has earned his Chartered Financial Analyst (CFA) designation.

John Hallacy, Managing Director, Assured Guaranty, Ltd. New York, New York

As a Managing Director in Assured Guaranty’s Public Finance department, John Hallacy has responsibilities in several important business development areas. He is a regular contributor to the company’s weekly municipal publication, develops and enhances the company’s retail marketing effort, and supports new business origination.

Mr. Hallacy has an extensive professional history, which encompasses both investment banking and bond insurance.  His most recent position was as the Managing Director, Head of Municipal Research with Bank of America Merrill Lynch. In addition to his highly regarded accomplishments as a sell-side municipal analyst, he has significant experience in the bond insurance industry. He helped to establish two bond insurance companies and ran underwriting groups at both FGIC and MBIA. He started his career with Standard & Poor’s, focusing on credit rating analysis across multiple sectors. 

A well-known speaker on topics related to the municipal market, he has also been ranked frequently in the Institutional Investor poll. The National Federation of Municipal Analysts (NFMA) granted him its Award of Excellence in 2001. He graduated from Columbia College of Columbia University and has done graduate work at the University.

Mary Colby, Managing Director, Head of the Municipal Fixed Income Research Group, Charles Schwab Investment Management Inc. (CSIM), San Francisco, California

Mary Colby is a Vice President and the Head of the Municipal Fixed Income Research Group for Charles Schwab Investment Management Inc. (“CSIM”) in San Francisco, California. Ms. Colby joined the fixed income research group at CSIM in 1996 as a senior analyst and achieved her current position in 2004. Her team of eight analysts provides research and support for two municipal bond funds and six municipal money market funds whose assets total over $28 billion. 

Prior to joining CSIM, she spent six years as a public finance analyst at Standard & Poor’s Corp. in New York in the infrastructure and local government groups.

Ms. Colby holds a Bachelor of Arts and a Master of Arts in European History from Northwestern University, Evanston, Ill. 

She sits on several advisory committees for the Investment Company Institute, including those for the municipal market and for money market funds; as well as similar committees for SIFMA within the Asset Management Group.  She is a past President of the California Society of Municipal Analysts, a past member of the Executive Committee of the Board of Governors of the National Federation of Municipal Analysts and is a member of the Society of Municipal Analysts.

MODERATOR BIO

Susan Palm, Vice President, Industry Solutions, MetricStream, Inc., Palo Alto, California

As the VP of Industry Solutions, Susan Palm is responsible for driving growth for MetricStream in specific industries including Financial Services.

Susan comes to MetricStream with over 27 years as a practitioner in Governance and Risk Management. Most recently, as the Senior Vice President of Audit and Risk at Sterling Savings Bank, Susan was responsible for Audit, Compliance, Fraud, Credit Review and Enterprise Risk Management. She has also spent several years in consulting. Prior to that, Susan spent over two decades at Norwest and Wells Fargo where she served as the Senior Vice President of Enterprise Governance and Risk Management. She was actively engaged with the Board of Directors, Federal Reserve, the OCC, other regulatory bodies, and has led various National Operational Risk committees e.g., BITS Regulatory Overlap Reconciliation and the Basel ANPR. She is a regular speaker at several forums in Governance Risk and Compliance (GRC).

Susan is a frequent contributor to American Banker magazine, authoring articles on Requirements for Board Directors, and best practices for driving control testing to the first line of defense. She recently authored an article with the RMA on the current state of Third Party Governance programs.

Susan received her B.A. in Economics from Lawrence University, and graduated from the Stanford Graduate School of Business Executive Program.