Operational Risk for Energy Trading Firms
Join us for our first Operational Risk training course for Energy trading firms. Learn about the challenges the operational risk function are facing and how you can benefit from a sound operational framework.
This course will cover the important operational topics to the energy trading industry such as; the roles and responsibilities of each function, risk controls, fraud risk/ rogue trading and how new technologies can alleviate risk but on the other hand create their own cyber risk.
What Will You Learn?
- Tools and techniques for risk identification
- How to implement an operational risk framework and the effect that has on all functions in the business
- The effect regulatory reporting of MIFID II, EMIR, REMIT and MAR has on the operational risk function
- How to protect against cyber and fraud risk
- How to identify and measure conduct risk and control culture
- An understanding of internal controls and how to balance them
Who Should Attend
Relevant departments may include but are not limited to:
- Operational risk
- Internal audit
- Enterprise risk
Ainsty Risk Consulting (ARC)
Energy & Commodity Risk Consultant, Founder and Managing Director of Ainsty Risk Consulting Ltd. Over 15 years of risk management and energy markets experience with businesses including; E&Y, EPC/Cabinet Office, RWE npower, Drax Power and Yorkshire Electricity. Delivering; hedging and trading solutions, business consolidation, policy implementation, and IS developments projects.
Fellow of the Institution of Civil Engineers, MBA from University of Bradford.
Specialties: Commodity and Energy Trading Risk Management
Market analysis and modelling, asset investment / divestment.
Quantified Risk Analysis, Project Management
Group Financial & Energy Markets Compliance Manager
Nikos Triantafyllidis has been with OMV since 2011. He leads the group-wide compliance program for the commodity trading business of OMV. His principal duty is the coordination and day-to-day management of activities regarding the implementation of REMIT, EMIR, MiFID and other related financial regulations.
Before joining OMV, Nikos Triantafyllidis spent a number of years working in the Netherlands for various companies in the financial services industry such as International Marketmakers Combination and APX-ENDEX.
He graduated in Physics and holds a MSc degree in Applied Mathematics from Aristotle University of Thessaloniki in Greece.
Principal Risk Manager
Dr. Josef H. Bogensperger studied electrical engineering at the University of Technology Graz (Austria). 1996-1999 working as consulting engineer for VERBUNDPLAN in Eastern Europe and Central Asia. Joined VERBUND Trading GmbH in 1999. First Risk Manager, then Head of Back Office. From July 2004 til October 2016 as Head of Risk Management. Since November 2016 in his present position as Principal Risk Manager with a focus on energy and financial regulation.