This webinar will teach how to create/develop enterprise-wide risk assessments and what the Risk Assessment System is about, how the Risk Assessment System works together with the CAMELS rating from the regulatory perspective. Learn about 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 banks.
Strategic-minded institutions do not strive to eliminate risk or even to minimize it - they strive to manage risk at the enterprise-wide level. These enterprises seek to manage risk exposure so that, at any given time, they incur just enough of the right kind of risk - no more, no less - to effectively pursue their strategic goals. This is referred to as “Optimal Risk-Taking.”
This webinar will take you through a step-by-step process to develop Risk Assessments to address key areas of your institution. The presenter will share her experience in developing an enterprise-wide process to conduct Risk Assessments in a practical, sustainable, and easy way to understand. You will walk away with practical tools and examples you can implement in your organization immediately.
Why Should You Attend:
Enterprise Risk Management has been around since the 1980’s but it has now become more prominent in the banking industry due to increased global risks. Banks that have an ERM Program established are better positioned to grow successfully.Strategic-minded institutions do not strive to eliminate risk or even to minimize it - they strive to manage risk at the enterprise-wide level. These enterprises seek to manage risk exposure so that, at any given time, they incur just enough of the right kind of risk - no more, no less - to effectively pursue their strategic goals. This is referred to as “Optimal Risk-Taking.”
This webinar will take you through a step-by-step process to develop Risk Assessments to address key areas of your institution. The presenter will share her experience in developing an enterprise-wide process to conduct Risk Assessments in a practical, sustainable, and easy way to understand. You will walk away with practical tools and examples you can implement in your organization immediately.
Areas Covered in the Webinar:
- Overall view of Enterprise Risk Management and key components
- The three key areas of ERM and how Risk Assessments fit in
- The Risk Assessment Process & Key steps
- How to identify and assess your bank’s risks enterprise-wide
- What is a Risk Assessment System (RAS) and its relationship to CAMELS rating
- The top eight risks and other important ones
- How to develop appropriate Risk Assessment Criteria
- How to conduct an ERM Risk Assessment using a Matrix - The core of risk assessments
- Annual Risk Assessments recommended
- The various types of risk assessments based on the area of risk and what they consist of
Who Will Benefit:
- Risk Managers
- Chief Risk Officers
- Compliance Officers
- Chief Operating Officer
- Chief Credit Officer
- Entire Risk Management Team
Speaker
Marci MalzahnCourse Provider
Marci Malzahn,
