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Advanced Risk Management for Mortgage Pros - Washington, DC
Member Price: $2,500.00
Nonmember Price: $5,500.00
Product Code: E2181701/REGIS
Date Held:
October 18-20, 2017





 Before 9/6/2017StandardAfter 9/6/2017
Member$2,500.00$2,600.00$2,600.00
Non-Member$5,500.00$5,600.00$5,600.00


Description of Product
Date Held:
October 18-20 
 
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
1300 Pennsylvania Avenue NW
Washington, DC 20004

Discounts:

Companies sending multiple attendees are eligible for a discount. Please contact member services at education@mba.org to obtain this discount.

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

Please Note:

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

 
 
Product Category:
Conferences and Workshops 
 
Contact Info:

For registration information, call (800)-793-6222 or email education@mba.org

 
 
Contact E-mail:
education@mba.org 
 
Product:
E2181701/REGIS 
 
Title:
Advanced Risk Management for Mortgage Pros - Washington, DC 
 


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