Volume 10 (2017)

Each volume of Journal of Risk Management in Financial Institutions consists of four quarterly 100-page issues, published both in print and online. The articles published so far in JRMFI Volume 10 are:

Volume 10 Number 4

• Editorial: The politics of risk: A reflection of volatility in 2017
  Richard Wise, Editorial Board member, Journal of Risk Management in Financial Institutions
• Risk management for financial institutions in an age of populism
  Douglas J. Elliott, Partner, Oliver Wyman
• Sketching a roadmap for systemic liquidity stress tests
  Grzegorz Hałaj, financial stability expert, European Central Bank and Jérôme Henry, Principal adviser, European Central Bank
• Hedging the impact of climate change in the catastrophe space
  Carolyn W. Chang, Department of Finance, California State University, Fullerton and Jack S.K. Chang, Department of Finance & Law, California State University, Los Angeles
• Improving finance and risk management foresight abilities: Growing past the ‘black swan’ mindset through integrative assessment
  Guntram Fritz Albin Werther, Professor, Fox School of Business, Temple University
• Forecasting initial margin requirements: A model evaluation
  Peter Caspers, senior quantitative analyst and developer, Paul Giltinan, Principal Consultant, Roland Lichters, Founding Partner & CTO and Nikolai Nowaczyk, Consultant, Quaternion Risk Management
• Smoothing transition probability matrices under a risk sensitive approach
  Ahmet Perilioglu and Karina Perilioglu

Volume 10 Number 3

• Editorial: Has too big to fail been resolved?
  Madelyn Antoncic, Executive Director, Principal Global Investors, Former Vice President and Treasurer, World Bank
• Stress testing: Where next?
  Jo Paisley, former Global Head of Stress Testing, HSBC
• Forecast of forecast: An analytical approach to stressed impairment forecasting
  Jimmy Skoglund, Principal Product Manager, SAS and Wei Chen, Director of Stress Testing Solution, SAS Institute
• Critical appraisal of the Basel fundamental review of the trading book regulations
  J. Orgeldinger, Independent Consultant
• A deeper understanding of payment shock dynamics
  Nidhi Verma, Vice President, Consulting, TransUnion
• BCBS IRRBB pillar 2: The new standard for the banking industry
  Roberto Virreira Zijderveld, Senior Manager of IRRBB Policy, Standard Chartered Group
• Developing a comprehensive operational risk strategy
  David Suetens, Executive Vice President and Chief Executive Officer, Richard Flood, Managing Director and Cinzia Dicorato-Rura, Operational Risk Manager, State Street, Luxembourg
• Regulatory reform in banking 10 years after the financial crisis
  Mattia L. Rattaggi, Managing Director, Head Regulatory Affairs and Governance Reporting, Group Internal Audit, UBS

Volume 10 Number 2

• Editorial
  Backstopping risk: Capital versus transparency
  Allan D. Grody, President, Financial InterGroup Holdings Ltd.
• Capturing initial margin in counterparty risk calculations
  Lee Moran, Senior Quantitative Analyst, and Sascha Wilkens, Senior Manager, BNP Paribas, Risk Analytics & Modelling
• Underdetermination and variability of the results in macro-to-micro stress tests: A machine learning approach
  Alexander Denev, Head of Quantitative Research and Orazio Angelini, Research Associate, IHS Markit
• Wrong-way risk bounds in counterparty credit risk management
  Amir Memartoluie, PhD candidate, Cheriton School of Computer Science, David Saunders, Associate Professor in the Department of Statistics and Actuarial Science, Tony Wirjanto, Econometrician, University of Waterloo
• Statutory bail-in for an orderly resolution of insurers
  Shinya Kobayashi, Government Official, Financial Services Agency of Japan
• Credit risk term-structures for lifetime impairment forecasting: A practical guide
  Jimmy Skoglund, Principal Product Manager, SAS
• Cybersecurity: Risks and management of risks for global banks and financial institutions
  Mark Camillo Head of Cyber, EMEA, AIG
• Probabilistic causality and decisions on bailouts of financial institutions
  Fernando Moreira, Lecturer in Business Economics and Director of the MSc in Banking and Risk at the University of Edinburgh Business School

Volume 10 Number 1

Special Issue on Country Risk
Guest-Editors: Luigi Ruggerone, Resident Representative, Intesa Sanpaolo & Will Kerry, Deputy Division Chief, International Monetary Fund

• Editorial
  Country risk: A special Issue
  Luigi Ruggerone, Resident Representative, Intesa Sanpaolo & Will Kerry, Deputy Division Chief, International Monetary Fund
• Managing political risk in advanced econmies
  Sam Wilkin, Senior advisor, Oxford Economics
• Assessing vulnerabilities to financial shocks in some key global economies
  Jack Fisher, Research Assistant, London School of Economics and Lukasz Rachel, Senior Economist, Bank of England
• Stress testing as a systemic risk assessment tool
  Dimitri G. Demekas, Assistant Director, Monetary & Capital Markets Department, International Monetary Fund
• Beyond country risk: A comprehensive approach to address banks' vulnerabilities
  Gregorio De Felice, Head of Research and Chief Economist, Intesa Sanpaolo
• Changing the treatment of sovereign exposures in banking regulation: A market impact assessment
  Aron Gereben, Senior Economist, Policy and Strategy Division, Economics Department, European Investment Bank
• Incorporating external factors into country risk analysis
  Mina Toksoz, Country Risk Consultant
• Reassessing the risks in emerging markets
  Richard Wise, Chief Risk Officer, Credit Suisse Asia Pacific
• Exposure exchange agreements among multilateral development banks for sovereign exposures: An innovative risk management tool
  Riadh Belhaj, Principal Financial Risk Officer, African Development Bank, Merli Baroudi, Chief Credit Officer, International Bank for Reconstruction and Development, Norbert Fiess, Lead Economist, Global Practice of Macroeconomic and Fiscal Management, World Bank Group, Jonas Campino de Olivera, Senior Strategic Risk Specialist, Inter-American Development Bank, Frank Sperling, Unit Chief for Strategic Risk, Inter-American Development Bank and Tim Turner, Chief Risk Officer, African Development Bank Group
• The challenge of assessing and shaping bank conduct, ethics and culture: Insights from the social sciences
  Matthew Connell, Head of Regulatory Developments, Zurich Insurance Group
• Convexity and correlation effects in expected credit loss calculations for IFRS9/CECL and stress testing
  Gaurav Chawla, Team Leader, Models and Methodologies, Aguais and Associates and Lawrence R Forest Jr, Global Head of Research, Aguais and Associates