Virtual - Developing your OWN ERM Program - Hands on Workshop
Wednesday, December 16, 2020, 11:00 AM - 3:00 PM EST
Category: Compliance
Speaker: Marcia MalzahnProgram Description:Enterprise Risk Management Workshop for Credit Unions. Developing your OWN ERM Program – Hands On Workshop. Are you creating the first Enterprise Risk Management (ERM) program for your institution? Do you want to ensure your current program is complete yet keep it simple? Do you have pieces of the puzzle but don’t know how to put it all together? If yes to any of these questions, this hands-on workshop is for you! Risk management is at the heart of credit unions and every financial institution must have policies, processes, and procedures in place to assess and manage the risks on their balance sheet. And risk assessments are at the core of ERM. Marcia shares the fundamental pieces of the ERM puzzle, how they relate to each other, and how to integrate your ERM program into the institution’s strategic plan. Having built an ERM program from scratch, Marcia describes the various components of a strong ERM program. In this educational session, you will learn how to put your program together using all the parts you already have in your institution. You will walk away with practical tools that you can use at your organization immediately as you will complete three key risk assessments in class: ERM, IT, and Internal Controls. Marcia shares how you can make the process fun and how your team will become closer as they work together with the common goal of protecting the financial institution’s assets while fulfilling your vision. Topics Covered:Part I: ERM Basics and Definitions
Part II: Developing Strong Risk Assessments
Part III: Hands-On ApplicationReview:
Complete Example Risk Assessments:
Who Should AttendChief Risk Officers, Risk Managers/Leaders, Chief Credit Officers, Chief Financial Officers, Compliance Officers, Internal Auditors, Presidents involved in the risk management process and their ERM program. Why You Should AttendTo learn what ERM is about, obtain tools, and take initial hands-on steps to create a complete yet simple ERM program for your financial institution. This enterprise risk management workshop for credit unions will help your institution identify the key members of the ERM team and clarify the Board’s responsibilities versus the leadership team’s responsibilities. You will also obtain a better understanding on how to create/develop enterprise-wide risk assessments and what the Risk Assessment System is about. It will help you understand how the risk assessment system works together with the CAMELS rating from the regulatory perspective. Learn how to identify unique risks to your institution that are beyond the regulators’ top risk categories. Learn about the various risk assessments and the areas you need to assess in your organization. Lastly, you will learn how to complete three key risk assessments and take these tools to your institution immediately. Registration for this session is $99 per day, per person. Please e-mail Emmy at [email protected] for questions.
Register Here!Contact: [email protected] |