Generative AI: How to Manage Risks and Opportunities

Generative Artificial Intelligence has numerous potential applications in financial services that could improve efficiency, productivity, accuracy and the customer experience. However, the adoption of generative artificial intelligence raises several important regulatory, risk management and compliance issues. These issues include: data privacy and protection, algorithmic bias and fairness, explainability and transparency, data quality and integrity, and regulatory reporting and examinations.

Discussion Highlights

• Examine the full range of use cases in financial services and investigate case studies
• Explore challenges and limitations of generative AI as a powerful but nascent technology
• Understand how generative AI can be used to boost financial inclusion efforts
• Learn to guard against the perpetuation or amplification of present biases in existing data

Speakers

• Francis Janes, Industry Relations and Partnership Director, Beneficial State Foundation
• Ryan Miller, VP & Senior Counsel, Innovation Policy Innovation Policy, American Bankers Association

Audience

• Chief Risk Officers
• Risk Managers
• Compliance Officers
• Compliance Managers
• Technology Leaders
• Product Management Leaders
• Head of Strategy and Innovation

Credits

ABA Professional Certifications: 1.25 CRCM, 1.25 CERP

This intermediate level, Group Internet-based webinar is eligible for 1.2 CPE credits for CPAs (Field of Study: Management Services). Recordings are not eligible for CPE credits.

Prerequisite - Attendees should have background knowledge of the field of risk management in the financial services industry.

For more information regarding refund, complaint and program cancellation policies, contact American Bankers Association at 1-800-BANKERS.

Please note: Credits are subject to change.

American Bankers Association is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.