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Fiduciary Risk and Fiduciary Risk Management - Includes Suitability – Evaluation, Management & Disclosure

instructor
By: Robert Geary
Recorded Session
Duration
60
Training Level
Intermediate to Advanced

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Webinar Details

All firms and persons acting in a fiduciary capacity with respect to a function they perform must fully understand the duties and responsibilities of serving in a fiduciary capacity, what constitutes fiduciary failure and the consequences of such failure. It is therefore imperative that fiduciaries understand the risks associated with being a fiduciary, the conditions that can give rise to a fiduciary risk event and the risk management processes that should exist to manage fiduciary risk.

WHY SHOULD YOU ATTEND?

Individuals that should attend this training are persons who serve in a fiduciary capacity as individuals or as members of a fiduciary activity within a business as well as individuals who serve in a senior management, risk management, compliance or audit oversight capacity of activities with fiduciary responsibilities. This training would also be of value to regulators who also must address businesses with fiduciary activities under their supervision.  Lastly, it would also be of value to  

colleges and universities with risk management as part of a degree curriculum

AREA COVERED

  • An understanding of fiduciary-like responsibilities
  • An understanding of potential causes of fiduciary risk events within fiduciary functions
  • A focus on suitability and disclosure as potential causes of fiduciary risk events

In addition, the presentation will establish the functions that contain fiduciary responsibilities, site the laws and regulations that govern fiduciary activities and address the recent new DOL Fiduciary Rule

LEARNING OBJECTIVES

This presentation will provide:

  • An understanding of fiduciary roles and fiduciary risk
  • An understanding of fiduciary risk conditions and fiduciary risk events
  • An understanding of fiduciary risk consequences

WHO WILL BENEFIT?

  • EVP/SVP – Investment Management
  • EVP/SVP – Private Bank
  • Relationship Managers - Investment Management
  • Asset Managers - Investment Management
  • Relationship Managers – Private Bank
  • Fiduciary Business Manager
  • Fiduciary Risk Management Manager
  • Fiduciary Compliance Management Manager
  • Fiduciary Audit Manager
  • Trustee

Individuals that should attend this training are persons who serve in a fiduciary capacity as individuals or as members of a fiduciary activity within a business as well as individuals who serve in a senior management, risk management, compliance or audit oversight capacity of activities with fiduciary responsibilities. This training would also be of value to regulators who also must address businesses with fiduciary activities under their supervision.  Lastly, it would also be of value to  

colleges and universities with risk management as part of a degree curriculum

  • An understanding of fiduciary-like responsibilities
  • An understanding of potential causes of fiduciary risk events within fiduciary functions
  • A focus on suitability and disclosure as potential causes of fiduciary risk events

In addition, the presentation will establish the functions that contain fiduciary responsibilities, site the laws and regulations that govern fiduciary activities and address the recent new DOL Fiduciary Rule

This presentation will provide:

  • An understanding of fiduciary roles and fiduciary risk
  • An understanding of fiduciary risk conditions and fiduciary risk events
  • An understanding of fiduciary risk consequences
  • EVP/SVP – Investment Management
  • EVP/SVP – Private Bank
  • Relationship Managers - Investment Management
  • Asset Managers - Investment Management
  • Relationship Managers – Private Bank
  • Fiduciary Business Manager
  • Fiduciary Risk Management Manager
  • Fiduciary Compliance Management Manager
  • Fiduciary Audit Manager
  • Trustee

SPEAKER PROFILE

instructor

Robert Geary is the founder of Greenwich Risk Management Advisory Services "LLC" and services as the principal consultant on many of the firm's consultancy mandates.
Robert has been a banking and finance industry professional for 43 years with 34 years serving in a variety of senior Treasury, financial market, asset management and risk management roles at JP Morgan Chase & Co. For the last 6 years of his career with JP Morgan Chase, Robert had undertaken risk management oversight roles that have included Head of Market, Credit and Operational Risk Management for Chase Asset Management and being Managing Director of Fiduciary Risk Management for the Corporation. During Robert's career he has served on the Board of Directors of Chase Manhattan Overseas Banking Corporation as well as having served on numerous senior committees. Prior to joining Chase, he held positions at Chemical Bank, Chrysler Financial Corporation and National Bank of North America.
Robert holds a BA degree in Economics from Pace University and did graduate studies in finance at New York University Graduate School of Business. He is a Past President of the New York Athletic Club and iscurrently a member of the Executive Advisory Board of St. John's University Department of Accounting and Taxation.

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