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Indonesia

Basel IV: Are You Ready for 2023?

Overview

Risk professionals at financial institutions be aware: Basel Committee on Banking Supervision (BCBS) has indicated its commitment to the January 2023 Basel IV capital calculation implementation deadline. Indonesia’s financial services authority agency (OJK) intends to uphold this deadline which includes Basel’s new requirements.

This event is designed to help risk practitioners prepare to manage and mitigate the risks associated with banking in a Basel IV era. Three experienced risk professionals will provide an overview of quantitative-heavy Basel IV requirements explore common misconceptions and discuss how to address the implementation challenges facing financial institutions across Indonesia and Asia.

The panel will share practical insights including IT infrastructure and pricing/hedging challenges. Emphasis will be on the following approaches:

●SA-FRTB (Standardized Approach)

●BA-CVA (Basic Approach)

●SA-CCR (Standardized Approach)

Agenda   

Welcome/Introduction: 7:00 – 7:10pm WIB

Presentation: 7:10 – 7:45pm WIB

Q&A Session: 7:45 – 8:00pm WIB

Attendees will qualify for one GARP CPD credit.

Attendees qualify for 1 GARP CPD credit.

Chapter Speakers

Giorevinus M.P.H. Simarmata, FRM

Principle Trainer – FinRisk Education Netherlands

Gior is a risk/finance consultant located in The Netherlands, where he currently provides training and consultancy services over various risk management and finance subjects via FinRisk Education Netherlands. He has worked as a senior risk advisor with ING Bank N.V. in the Risk Management Department, responsible for the risk reporting and analysis over the XVA portfolio of the bank's global derivative positions. He started his career in The Netherlands banking sector with Rabobank as Product Controller in the Finance and Risk Center Department, with trading desks reporting and control responsibilities covering Equity Derivatives, Commodity Derivatives, and Group Treasury's Structured Notes portfolios.

 

As a researcher, he was affiliated with Laboratoire Jacques-Louis Lions (Paris 6 UPMC, Paris 7 Diderot), ENSTA ParisTech, and CMAP (Ecole Polytechnique - l'X Paris and INRIA). He obtained his bachelor degree in mathematics from Bandung Institute of Technology, and master degree in quantitative finance from Universite Paris 1 Pantheon-Sorbonne, and he is also a GARP-certified FRM (Financial Risk Manager). He has been speaking in various international events (e.g. GARP Global Risk Convention) and featured in Reuters Regulatory Intelligence (March 2021). He is also a proud father of 2 beautiful children.

Hansel

Associate Director, Big 4 Consulting Firm

Hansel is an Associate Director in one of the Big 4 Consulting Firm, providing professional services to financial and telecommunication industry. 

Hansel specializes in financial risk management and involved in several assignments related to Basel III, Basel II AIRB & AMA, credit risk model development, PSAK 71 / IFRS 9, governance, post-merger integration, among others. 

Hansel led the credit risk stream in a risk maturity assessment project for a stated-owned BUKU 4 bank di Indonesia, covering Basel III, Basel II, Counterparty Credit Risk, Country Risk, Stress Testing, Risk Based Pricing, and credit portfolio management based on risk & return, etc. 

Hansel also involved in the implementation of the Basel II Advanced Internal Rating Based (AIRB) model for two of the largest state-owned banks in Indonesia. 

Hansel is the project manager for an end-to-end PSAK 71 / IFRS 9 implementation project for one of the largest telecommunication company listed in both NYSE and IDX and for 4 consecutive years. 

Beatrice Pravinata

Manager, Big 4 Consulting Firm

Beatrice Pravinata is a Manager in one of the Big 4 Consulting Firm. She started her career in Australia in the field of Risk Management for General Insurance, and currently specializes in credit risk management, statistical modelling and quantitative analysis within her organization. 

Beatrice has provided professional services to top 10 Indonesian Banks, Multifinance Companies, Multinational Banks, Telecommunications, and Non-Bank Financial Institutions in Indonesia. She was involved in providing credit risk maturity assessment for BUKU IV Bank in Indonesia; particularly on BASEL II SA, BASEL III, credit limit assessment and stress testing. 

On her past projects, she has provided expertise in credit risk assessment - developing credit risk models as well as credit risk policies and procedures - and was involved in end-to-end IFRS 9 implementation. Her experience in credit risk and financial modelling includes, but not limited to, IFRS9, risk analytics, time series analysis and insurance product development, where she performed technical modelling using various analytical tools and software coding. 

Outside of her professional life, she finds pleasure in playing piano and taking up coding skills.

Aldrich Anthonio

Director, Big 4 Consulting Firm

Aldrich is a Director in one of the Big 4 Consulting Firm with more than 15 years of experience as a professional in the fields of Risk Management, Finance, Audit, Strategic Planning, and Risk Consulting in various industries, especially in the financial industry. 

Prior to joining the consulting firm, Aldrich worked as Head of the Risk Management and Audit Department at France's largest investment company. He managed credit, market, investment and operational risks in companies with Asset Under Management (AUM) of more than 2 Billion Euros. He has a Bachelor's degree in Information Technology, a Masters in Management, and is currently completing a Doctoral program in Philosophy.

Aldrich has experience as a consultant and practitioner in the field of Risk Management especially for Market, Liquidity and Credit Risks. He has worked in and assisted many companies in the banking, capital market and other financial services sectors. He has provided consulting services to companies in various industrial fields, including; Corporate and Retail Banking, Investment Companies, Regulatory Institutions, Central Banks, Multifinance, and Commodity Companies.

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Details

When

September 23, 2021 7:00 PM - 8:00 PM
Online Meeting
REGISTER NOW

Chapter Directors

Melisa Hendrawati
Chief Financial Officer OY! Indonesia
Indra Tjahaja
Head of Risk Analyst and Modeling in Commonwealth Bank Indonesia

Committee Members

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