This webinar explores the components of strategic risk. Developing a common understanding and definition of strategic risk helps the participant form a comprehensive base upon which meaningful review and interaction with senior management can occur.
Why Should You Attend:
The session introduces a new way of looking at organizational strategic risk so that Boards of Directors, Senior Managers and other organizational leaders will develop and demonstrate thoughtful process behind strategic decision making.Learning Objectives:
- Define “Strategic” Risk
- Recognize indicators that help management and Board of Directors oversee strategic decisioning
- Learn new approaches to understanding strategic risk management
- Link data and data tools, like ACL Analytics and GRC, to strategic risk monitoring
- Gain an understanding of why regulators and stakeholders are more focused on strategic risk management
- Discover ways to design monitoring and reporting processes that deliver value
Areas Covered in the Webinar:
Defining “Strategic Risk”- New dimensions on understanding strategic risk life cycle
- Developing KPI and KRI
- Developing monitoring processes
- Risk events triggering management process
- Regulator focus on strategic risk for financial institutions
- Review steps for analyzing strategic risks
- Tips for risk recognition
Who Will Benefit:
- Auditors
- Audit Managers
- Audit Leaders
- Risk Managers
- Model Risk staff
- Compliance officers
- Business executives
- External auditors
- Consultants
Speaker
Daniel ClarkCourse Provider
Daniel Clark,
