GAC1.3 - Assigning Global Customer Risk Ratings Despite Conflicting Examiner Expectations

Description

• Reviewing key international regulatory expectations for risk rating customers
• Analyzing examples of customer risk ratings within various jurisdictions, business units and products
• Managing inconsistent feedback from supervisors representing multiple jurisdictions
• Establishing uniform risk-rating processes—is this an achievable goal for global institutions?

Speaker(s):

• Charlene C. Balfour, Managing Director, Corporate & Investment Banking (CIB) Audit, JPMorgan Chase
• Susan J. Galli, CAMS, President, Galli AML Advisory, LLC
• Michael D. Kelsey, CAMS, Managing Director, JPMorgan Chase
• Jack Sonnenschein, CAMS-Audit, Founder and Principal, Compliance Navigation LLC
• William Ward, CAMS, Executive Vice President, Chief BSA/AML & Security Officer, First Republic Bank