Mr. Stanley Epstein

Area Of Expertise : BFSI
30 Years Of Experience
Training Industry : Banking & Insurance

Stanley Epstein has a Master’s in Economics, which he earned with a dissertation on financial innovation, and a Bachelor’s in Accounting. He has had extensive experience in banking and IT specifically the operations, payments, RTGS and the operational risk aspects of banking in the UK, Europe, the USA, Australia and Southern Africa. His bank-operations, payments systems, operational risk, and clearing house experience is wide ranging and includes working closely with organizations such as UNCITRAL, Deutsche Bank and CHIPS in New York; APACS, British Bankers Association, CLS and Barclays Bank in London; Crédit Agricole in France; UBS and Credit Suisse in Switzerland, the central bank in the Netherlands; Alpha Bank in Greece; the central bank in Romania; the central bank in Kazakhstan; Bank Leumi and the central bank in Israel; the Standard Bank, Clearing Bankers Association; Bankserv and the central bank in South Africa and ANZ and Commonwealth Bank in Australia.

 

Commencing his career at the Standard Bank of South Africa he gained a thorough grounding in all aspects of banking ranging from the bank’s branch system, back-office payments processing. He was also closely involved in the development of electronic banking at the Standard Bank. At a banking industry level he was involved in the creation and development of STRATE (Central Securities Depository) in South Africa dealing with the dematerialization, clearing and settlement of all financial instruments in that country. He also served as Vice Chairman of the South African Clearing Bankers Association’s ERAG Group (an interbank payments/operations risk initiative established to identify and eliminate operational, legal and other risks in electronic payments) and later as Chairman of the Payments Association of South Africa Operational Risk Committee.

On leaving South Africa he joined Fundtech Corporation, a leading provider of financial technology based in the US.

6 results Found
Live Webinar

Choosing and Using Key Risk Indicators

This webinar will discuss the significance, nature and types of KRIs. The instructor will discuss how to develop, evaluate and implement KRIs in accordance with organization’s risk culture and create strategies for effective reporting of ri ...

  • Basic & Intermediate
  • 90 Mins
  • Oct 22, 2019
On-Demand Webinar

SR Letter 11-7 - Supervisory Guidance on Model Risk Management

Model risk occurs when a financial model is used to measure quantitative information (like a firm's market risks or value transactions) and the model fails or performs inadequately which leads to negative outcomes for the firm. Model ris ...

  • Basic & Intermediate
  • 90 Mins
Recorded Webinar

Understanding the Basel Operational Risk Requirements

Understanding the BIS operational risk management principles and what they cover. The different implementation issues that are involved in putting each of these principles in place. How to distinguish the different kinds of operational ...

  • Basic & Intermediate
  • 90 Mins
Recorded Webinar

Supply Chain Finance Primer

This session will examine the origins of supply-chain finance, the current state, and the projected future and its impact on importers, exporters, and banks.

  • Basic & Intermediate
  • 90 Mins
Recorded Webinar

Understanding Operational Risk Management

The Basel Accords requirements regarding operational risk. Techniques that are used for assessing, managing and mitigating operational risk Understanding the link between Operational Risk Management (ORM) theory and practice Receive g ...

  • Basic & Intermediate
  • 90 Mins
Recorded Webinar

Managing Settlement Risk in FX Operations

 Understanding foreign exchange operational risks and why they are different from other operational risks. Discover what the operational risk management principles are and what they cover.  Examine the various implementation issues that ...

  • Basic & Intermediate
  • 90 Mins