Wednesday, May 5, 3:45 - 5:00	view all sessions this time
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307-Managing Risk and Reward Trade-offs in a Volatile FX Market

The essence of any traded market is that rewards should be commensurate with risks. Focusing on the foreign exchange market, this session presents a graphical framework for conceptualizing trade-offs between risk and reward when considering an array of hedging solutions to manage FX risk. While no one can predict the future, participants will gain additional insights about tipping the scales of probability in their favor to enhance risk management outcomes.

Learning Objectives: Build the correlation between risk and rewards into a risk management program.  Understand available hedging options and how to apply them to mitigate risk  Recognize how psychology makes risk evaluation difficult

David Napalo, Wells Fargo Dave Napalo’s Risk Management team assists corporate clients in identifying financial risks, establishing hedging objectives, and implementing appropriate derivative strategies for risk reduction. Napalo provides advice on financial reporting issues and has assisted with implementations of FAS 133 for FX hedgers.  Napalo has over 30 years of experience in the financial markets and the financial services industry. Prior to joining Wells Fargo, he was a Senior Manager with Deloitte & Touche in their Capital Markets Group. He also served as a Risk Management Advisor in the foreign exchange departments of Bank of America and The First National Bank of Chicago.  Dave earned his undergraduate degree from Princeton University and holds a master of business administration degree with a concentration in finance from the University of Chicago Graduate School of Business.