GenAI: Opportunities and Challenges in Risk

Registrations are closed due to capacity. Please update your registration if you can no longer attend. If you are a GARP Individual Member, recent FRM-certified professional, SCR or RAI Certificate Holder, please email chapters@garp.com to be added to the wait list.

As technology advances, Artificial Intelligence (AI) is likely to become a significant aspect of risk as well as an opportunity to strengthen risk management culture across the financial services industry. When implemented correctly and responsibly, Generative AI (GenAI) presents opportunities for efficiency and streamlining as well as innovation. However, as is the case with any emerging technology, GenAI does not come without risks that should be carefully considered and managed responsibly. 

This event will be an engaging session looking into the opportunities, risks and challenges that GenAI introduces in the risk management world. We will discuss ethical risks, sustainability, regulatory landscape and impact on specific risk areas, such as model risk management and model validation.

Join us to network with industry leaders and learn:

• Benefits and pitfalls of GenAI
• What are the ethical risks of GenAI and how to mitigate them?
• Sustainability and AI
• Example use cases for AI in the financial services industry
• Regulatory landscape and impact 
• What needs to be addressed within model risk management?
• Validation of AI models for financial risks

Agenda:

6:00 – 6:30 pm: Registration

6:30 – 6:35 pm: Welcome remarks

6:35 – 7:30 pm: Presentation/Panel discussion with Audience Q&A 

7:30 - 7:40 pm: FRM and SCR Recognition Ceremony

7:40 – 8:30 pm: Networking reception