Bank and Financial Institution Governance

This BFSI compliance training will assist participants, including bankers, regulators and board members to better understand and study the requirements for an effective and efficient governance program for a financial institution. It will highlight the issues of governance for banks and financial institutions and the principles and implementation factors to consider.

Why Should You Attend:

Recent significant governance failures at banks and financial institutions around the world have had substantial costs to these organizations in terms of regulatory penalties and reputational damage.

This webinar will discuss leading standards and guidelines and will help attendees mitigate the chances of additional failures in governance at banks and financial institutions. The governance structures or best practices are outlined in standards including the Committee of Sponsoring Organizations (COSO) and Bank of International Settlements. It is based on best industry practice, supervisory experience and covers three overarching themes: guidance, issues and solutions.

The presented standards and guidelines as well as the sharing of past failures in governance will help attendees understand and learn from past mistakes and strengthen their respective roles in their institutions, thus improving governance practices. This webinar will also discuss the practicality of these principles and the implementation factors with each of them. It will identify and discuss those key players that must be actively involved in a successful control structure.

Areas Covered in the Webinar:

• Governance Failures in Banking or Financial Service Firms
• Standards and Guidelines
• Fundamental Structure in Governance for Banks (or financial services firms)
• Governance Framework per COSO
• Why use COSO?
• Internal Value
• External Value
• Defining Internal Control
• Objectives
• Components and Principles
• Organizational Structure
• Functional level of responsibility
• Key Players
• Types of Governance Assessments

Who Will Benefit:

This webinar will provide valuable assistance and guidance to the following personnel in: Banks, Credit Unions, Financial Services Firms, Insurance Firms and Investment Firms:

• Board members
• General (legal) counsel
• Financial officers
• Risk officers
• Internal and external auditors
• Operational risk managers
• Regulators who supervise or examine banks or financial institutions
• Educators
• Staff with roles and responsibilities in operational risk in risk management departments, businesses and central departments
• CFOs (Chief Financial Officers)
• COO (Chief Operating Officers)
• CRO (Chief Risk Officers)
• CIO (Chief Information Officers)
• CPAs (Certified Public Accountants)
• CBAs (Chartered Bank Auditors)
• CIAs (Certified Internal Auditors)
• CFEs (Certified Fraud Examiners)