Advanced Risk Management for Mortgage Pros - Washington, DC

Ronald Reagan Building & Int'l Trade Center, Washington, DC

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Non-Member Price $5,500.00 $5,600.00 $5,600.00

Description

Advanced Risk Management for Mortgage Pros - Washington, DC

Dates:

Wednesday, October 18th - Friday, October 20th, 2017

Schedule:

9:00 AM - 4:30 PM EST each day.

Location:

Ronald Reagan Building and International Trade Center
Robert H. Smith School of Business Suite (In the Ronald Reagan Building and International Trade Center)
1300 Pennsylvania Avenue NW
Washington, DC 20004

Hotel Registration Information:

  • All registrants are responsible for making their own hotel accommodations.
  • Please click here to see hotels in close proximity to the course location.

Summary:

In collaboration with...


The Risk Management Advanced Training Program covers topics essential to effective mortgage risk management for mortgage and commercial banks. This program is intended for mid- to senior-level mortgage risk professionals looking to sharpen their knowledge and skills in mortgage risk management. The 3-day program features 8 separate learning sessions and reinforces core risk concepts using real world applications and exercises drawn from actual experiences of the faculty who are or have been senior executive-level practitioners in risk management. An additional session at the end of the third day features a team-based risk management simulation requiring attendees to leverage what they have learned from the sessions.

Objectives:
Attendees should expect to understand:
  • The Role of Risk Governance in Overseeing Mortgage Risk
  • Risk Management for Mortgage Originations
  • Secondary Risk Management
  • Risk Management for Mortgage Servicing
  • Best Practices in Mortgage Portfolio Lending
  • Improving Operational Risk Management in the Real Estate Sector
  • Managing Regulatory and Compliance Risks
  • Harnessing Data, Analytics, and Business Intelligence Tools in Mortgage Risk Management

Lessons:

Lesson 1: The Role of Risk Governance in Overseeing Mortgage Risk
  • Delegations of Authority
  • Heightened Expectations Guidance
  • Three Lines of Defense and Roles and Responsibilities among the business, corporate risk and audit functions
  • Boards and Risk Committees
  • Governance and escalation policies
  • Risk appetite formation
  • Risk Taxonomy
  • Key Risk Indicator (KRI) setting and incentive compensation plans
Lesson 2: Risk Management for Mortgage Originations
  • Basic tenets of well-formed credit policy and guidelines
  • Exception policy practices
  • Underwriting practices
  • Quality Assurance (QA) practices and sampling strategies and techniques
  • Appraisal practices
  • AVM and AUS policy and use
  • Product development best practices and what to look out for
  • CRE ratings practices, Loan Review and beyond
  • Managing correspondent and wholesale counterparty risk
Lesson 3: Secondary Risk Management
  • Understanding mortgage pricing and where risk fits in
  • Best execution strategy
  • Mortgage pipeline hedging practices
  • Credit risk transfer mechanisms
  • Mortgage insurance basics
  • Recourse and Reps & Warrants
Lesson 4: Risk Management for Mortgage Servicing
  • Understanding and managing mortgage servicing rights (MSRs)
  • Loss mitigation techniques: Default and collections practices and impact on mitigating credit losses
Lesson 5: Best Practices in Mortgage Portfolio Lending
  • Optimizing the portfolio's risk profile - competing risks of default and prepayment
  • Basics of interest rate risk
  • ALCO for the mortgage portfolio
  • Current loan loss reserving practices and CECL including Troubled Debt Restructuring (TDRs) and Other than Temporary Impairment (OTTI) treatment
  • Economic capital determination
  • Regulatory capital determination
  • Stress testing and scenario analysis
  • Risk management reporting
Lesson 6: Improving Operational Risk Management in the Real Estate Sector
  • Development of risk-control self-assessment (RCSA) processes
  • Building a robust fraud detection process
  • Estimating operational losses and event identification practices
  • Cyber risk management practices
Lesson 7: Managing Regulatory and Compliance Risks
  • Understanding fair lending risk and how to test
  • Basics in mortgage compliance (TRID, QM, CRA, HMDA, Mortgage Servicing, etc)
  • Vendor risk management
Lesson 8: Harnessing Data, Analytics, and Business Intelligence Tools in Mortgage Risk Management
  • Data requirements and standards
  • Modeling mortgage credit and prepayment risk - pricing models, AUS scorecards, AVM models
  • Model validation and governance practices
  • Basics of mortgage credit risk - PD, LGD and loss
  • Expected vs Unexpected credit loss and interpreting the numbers
Risk Management Simulation Exercise
  • Team-based exercise placing attendees into a simulated risk scenario that they have to manage
  • Draws upon key topics discussed in each learning session
  • Post-exercise debrief on team responses, outcomes and assessment

Course Agenda:

Download the Advanced Risk Management for Mortgage Pros - Washington, DC Agenda to learn more about the program.

Who Should Attend?

  • Mid to Senior-Level Risk Management Professionals
  • Senior Risk Analysts
  • Compliance Officers
  • Quality Assurance Professionals
  • Internal Audit Managers
  • Credit Officers
  • Chief Information Security Officers

Speakers:

  • Clifford Rossi, Professor of the Practice & Executive-in-Residence, Robert H. Smith School of Business, University of Maryland
  • Parag Pandya, Chief Risk Officer, Single Family, Enterprise Risk Management, Fannie Mae
  • Ed Martin, Chief Risk Officer, Capital Markets, Fannie Mae
  • Andy Watson, Director, Operational Risk, Citibank
  • Subra Subramanian, Managing Director, Risk Management, J.P. Morgan Chase
  • Jerra H. Ryan, Senior Vice President, Compliance, First Choice Loan Services
  • Andrew Brammer, Vice President, Counterparty Credit Risk, Fannie Mae

Please Note:

MBA Diversity and Inclusion scholarship opportunities are available for this offering. Click HERE for more information.

Notes

The workshop will begin at 9:00 AM and run until 4:30 PM EST each day.

Please note that the address for this course is:
Ronald Reagan Building and International Trade Center
Robert H. Smith School of Business Suite (In the Ronald Reagan Building and International Trade Center)
1300 Pennsylvania Avenue NW
Washington, DC 20004

MBA Education recommends you wait until after you receive our registration confirmation email before you make any travel arrangements. MBA assumes no liability for any penalty fees on airline tickets, deposits for hotel accommodations, or any other fees, charges, penalties, or other incidental costs that a registrant might incur. To review all of MBA Education policies, please click here