This webinar will explain the fundamentals of a qualitative dashboard. It will discuss the steps in the process necessary to design, develop and implement a risk management reporting dashboard for GRC purposes in a short and efficient time frame.
This webinar is both about the product - a clear and concise dashboard - and the process of having responsible managers report the risk status of their area of responsibility in a short and efficient time frame. All managers who are a part of the process will benefit from the course and help assure quality reporting. A fundamental benefit of this course is the installation of the concept of responsibility reporting. Systems can generate numbers, but a qualitative exercise of this nature will add the subjective overview of responsible managers.
Why Should You Attend:
The GRC responsibilities in risk management include transparency and communication to senior managers and Boards and Board Committees. Senior risk managers and their staff participate in the process of reporting the risk profile of the firm to the Board and committees, usually through dashboards. The visual impact of a clear dashboard is dramatic and attracts the attention of the target audience, but many dashboards and scorecards currently in use are I.T. driven and complex. These complex utilities can be excellent tools, yet demand time and resources.This webinar is both about the product - a clear and concise dashboard - and the process of having responsible managers report the risk status of their area of responsibility in a short and efficient time frame. All managers who are a part of the process will benefit from the course and help assure quality reporting. A fundamental benefit of this course is the installation of the concept of responsibility reporting. Systems can generate numbers, but a qualitative exercise of this nature will add the subjective overview of responsible managers.
Areas Covered in the Webinar:
- Qualitative dashboards as a reporting device
- Critical risk indicators
- The process to establish critical elements
- ERM risk elements
- Market risk elements
- Operational risk elements
- Asset quality risk elements
- Liquidity risk elements
- Making the dashboard current and dynamic
- Setting the process for revisions and upgrades
- Note: Technical handouts and references will be distributed during the webinar
Who Will Benefit:
- Risk Managers
- Compliance Officers
- Audit Officers
- Board Risk Committee Members
- Chief Financial Officers
- New Risk Officers
- Administrative Managers
- Regulatory Compliance Associates and Managers
Course Provider
Kurt Kendis,
