Enterprise Risk Management: A Practical Guidance for Credit Unions and Community Banks
Overview:
Given the current economic environment, virtually every business transaction could pose significant & systemic risks for financial institutions, credit unions and community banks. Adding to the challenge is stepped up enforcement by regulators. To help finance executives, The Knowledge Group is producing “Enterprise Risk Management: A Practical Guidance for Credit Unions and Community Banks in 2013 LIVE Webcast.” This two-hour LIVE webcast is aimed at offering step-by-step practical guide in developing and/or improving your ERM model by addressing the following key topics:
- Identify and Understand Risk Appetite
- Methods and Tools to Develop Risk Assessments
- Create Risk Policy Guidelines and Set Up Monitoring System
- Establish an Effective ERM Program
- Regulatory Issues and Best Practices
Agenda:
SEGMENT:1
Leeto Tlou, Managing Director,
FTI Consulting
- ERM Culture
- ERM Governance
- ERM Reporting
SEGMENT:2
Jason Plummer, Director,
PwC
- Operationalizing ERM-Evolving expectations of NCUA and OCC in 2013
- Risk and Control Self Assessments
- Developing KPI’s and KRI’s at various levels within the organization
- The role of Board and Supervisory Committees in Risk Appetite/Risk Tolerance
SEGMENT:3
Mary Peter, Director, Enterprise Risk Management,
Eide BailLLP
- Building the foundation for an effective ERM process; key elements
- Matching the risk culture that exists in your institution
- ERM Frameworks: COSO, ISO 31000
- Risk Appetite
SEGMENT:4
Tom Campanile, Partner ,
Ernst & Young
Rising Expectations for Risk Governance
- Scene setting – governance failures/challenges in recent years
- Supervisory agenda – Fed/OCC requirements for large banks, comments/speeches covering how they apply to community banks/credit unions
- Industry agenda – governance changes we are seeing in banks (supported by data points from G30, FSB and IIF reports on risk governance)
- What does this mean for Boards? – specific commentary on Boards, Audit Committees and the move towards Risk Committees
- What does this mean for Management? – specific commentary on Sr Management governance changes and the rise of Enterprise Risk Management Committees
Who Should Attend:
– Financial/Accounting Managers
– Risk Managers
– Treasury Managers
– Executive Officers
– Risk Analysts & Controllers
– Contingency Planning Officers
– Fund Managers
– Financial Analysts
– Banks Executives
– CFOs
– And Other Interested Professionals
Leeto Tlou is a managing director in the FTI Consulting Forensic and Litigation Consulting practice. Mr. Tlou specializes in financial …
Jason is a Director with PwC’s Risk Assurance practice. Currently he serves in a national role focusing on Enterprise Risk …
Mary has more than 25 years of risk management experience and has worked with the Financial Institutions & Insurance industries …
Tom Campanile is a partner in the Financial Services Office of Ernst & Young LLP. He has more than 18 …
Course Level:
Intermediate
Advance Preparation:
Print and review course materials
Method of Presentation:
On-demand Webcast (CLE)
Prerequisite:
NONE
Course Code:
124404
Total Credits:
2.0 CLE
Login Instructions:
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SPEAKERS' FIRMS:
About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 3,700 professionals located in all major business centers throughout the world, we work closely with clients every day to anticipate, analyze, and overcome complex business challenges in areas such as regulatory issues, investigations, litigation, mergers and acquisitions, reputation management and restructuring.FTI Consulting’s Financial Services Industry practice has a team of experienced professionals including former senior managers at bank regulatory agencies and financial institutions who have the know-how and experience to add value and address client concerns. Our financial professionals are CPAs, attorneys, economists, forensic specialists and other financial professionals with expertise in compliance, risk management, credit risk, information technology, asset valuation and strategic communications. Team members include former staff members of the SEC, FASB, Federal Reserve Board, Office of the Comptroller of the Currency, FDIC, Department of Justice and various State Attorney General offices. We understand the changing financial services regulatory environment, and help clients mitigate risk, ensure compliance and effectively address and resolve regulatory inquiries.
Website: https://www.fticonsulting.com/
About PwC
About PwC’s Risk Assurance Practice: PwC understands that significant risk is rarely confined to discrete areas within an organization. Rather, most significant risks have a wide-ranging impact across the organization. As a result, PwC’s Risk Assurance practice has developed a holistic approach to risk that evaluates your business, facilitates strategic decision making and promotes efficiency.This approach is complemented by the extensive risk and controls technical knowledge and sectors pecific experience of its Risk Assurance professionals. The end result is a risk solution tailored to meet the unique needs of clients.About the PwC Network: PwC firms help organizations and individuals create the value they’re looking for. We’re a network of firms in 158 countries with more than 180,000 people who are committed to delivering quality in assurance, tax and advisory services. Tell us what matters to you and find out more by visiting us at www.pwc.com/uswww.pwc.com/us/en/riskassurance-services
About Eide Bailly LLP
Eide Bailly LLP is a regional certified public accounting and business advisory firm with diverse talents, industry experience and service specialties. Clients are served from 21 offices in ten states. As stated in the August 2012 issue of Inside Public Accounting, our Firm is the 24th largest CPA firm in the nation. Clients benefit from our core services of audit & assurance and tax, as well as our expanded services, including accounting services, employee benefits, enterprise risk management, financial services, forensic & valuation, health care reform, technology consulting, transaction services and wealth management. The Financial Industry is one of our leading industry specialties, with a 99% retention of clients. Our team of more than 100 partners and staff includes former regulators, CFOs, board directors and CPAs.
Website: https://www.eidebailly.com/
About Ernst & Young
The relationship between risk and performance improvement is an increasingly complex and central business challenge, with business performance directly connected to the recognition and effective management of risk. Whether your focus is on business transformation or sustaining achievement, having the right advisors on your side can make all the difference. Our 25,000 advisory professionals form one of the broadest global advisory networks of any professional organization, delivering seasoned multidisciplinary teams that work with our clients to deliver a powerful and superior client experience. We use proven, integrated methodologies to help you achieve your strategic priorities and make improvements that are sustainable for the longer term. We understand that to achieve your potential as an organization you require services that respond to your specific issues, so we bring our broad sector experience and deep subject matter knowledge to bear in a proactive and objective way. Above all, we are committed to measuring the gains and identifying where the strategy is delivering the value your business needs. It’s how Ernst & Young makes a difference. For more information, go to www.ey.com.
Website: https://www.ey.com/