Rachid Lassoued, Bloomberg

Rachid Lassoued

Rachid Lassoued is currently Bloomberg's Global Head of Financial Engineering & Risk and focusing on enterprise valuation and risk products (Independent Valuation with BVAL Derivatives, Market Risk, SIMM, XVA and Credit Risk). He joined Bloomberg L.P. in 2009 to globally create, build and head its Financial Engineering group. The Financial Engineering group is focusing on Cross Asset OTC Derivatives and Structured Exotics Quantitative Solutions (independent valuation, pricing and risk services) for Americas, EMEA and Asia-Pacific. Prior to joining Bloomberg L.P. he worked at Societe Generale Securities for seven years where he build and headed the client facing EMEA Cross Asset Financial Engineering group in charge of value added services (independent valuation, performance and risk services). Prior to that, he held various positions at top tier institutions as front desk quantitative analyst dealing with Interest Rates, FX and Equity exotics pricing and hedging. 


09.50 - 10.45

Volatile markets and the emergence of risks in the digital age

  • Setting the scene with examples in a “tour de table”
  • Forward-looking risk management: options and tools
  • The impact of new technology on investing: digital investing and AI
  • Using stress testing to enhance risk trend assessments
  • Portfolio risk
  • Dealing with political uncertainty

11.15 - 12.05

What drives risk management in other sectors of finance?

How are approaches to risk similar to, or different from those in asset management?

  • Approaches to risk management and governance and risk management scope
  • Hot topics in other sectors of finance
  • Risk management trends outside of Europe
  • Cultural understandings of risk
  • Enterprise risk management vs financial risk management

13.30 - 14.15

Breakout Session I: “Managing portfolio risks in times of market volatility” (session repeated at 14.15 - 15.00)

  • Managing the liquidity problem (Liquidity management in volatile times; Money Market Funds – Liquidity stress tests after the MMFR)
  • Stress testing to support management of portfolio risks
  • Risks during the end of the economic cycle (from bull to bear)
  • Qualitative risk management (i.e., impacts from political/legal/regulatory risks on the portfolio)
  • Sylvain Crepin

    Sylvain Crepin Partner - Financial Risk Management Deloitte Tax & Consulting

13.30 - 14.15

Workshop II: Changing requirements for risk management professionals in Luxembourg? (session repeated at 14.15 - 15.00)

The impact of CSSF Circular 18/698 and other developments in asset management

  • The Luxembourg risk manager – generalist, expert or limit controller?
  • Does CSSF Circular 18/698 bring more responsibilities for risk managers/conducting officers for risk management?
  • New technologies – new types of risk?
  • Recruiting risk managers and other HR considerations

13.30 - 14.15

Workshop III: Real assets: managing risks for loan and infrastructure debt funds (session repeated at 14.15 - 15.00)

  • The role of the risk manager in the investment process
  • Case studies on escalating risks
  • Life cycle considerations
  • Managing illiquid asset classes

15.30 - 16.15

Regulatory developments

  • The European regulatory framework and the Luxembourg regulator: overview and outlook
  • ESMA consultation on sustainability
  • Liquidity and leverage