Strategic-minded institutions aim to manage risk at an enterprise-wide level, striving for “optimal risk-taking” where they incur just enough of the right kind of risk to effectively pursue their strategic goals. This webinar will help you gain practical tools and examples to implement immediately, strengthening your existing risk assessments and creating new ones as needed.
The webinar also covers an overall view of Enterprise Risk Management (ERM) and its key components, the three key phases of ERM, and how risk assessments fit in. It will delve into the risk assessment process, the characteristics of strong risk assessments, and the relationship between the Risk Assessment System (RAS) and CAMELS rating.
You will learn about the top eight risks, how to conduct an ERM risk assessment using a matrix, and the various types of risk assessments based on the area of risk. Additionally, the webinar will provide examples of ongoing monitoring and reporting tools, helping you understand the goals and characteristics of risk assessments based on industry best practices.
What You’ll Learn
- Dive into a High-Level Overview of ERM and Its Three Dynamic Phases
- Unlock the Secrets of the Risk Assessment Process to Strengthen Your Existing Risk Assessments
- Master the Art of Identifying and Assessing Risks Across Your Entire Institution
- Discover the Key Traits and Goals of Industry-Leading Risk Assessments
- Learn How to Craft the Appropriate Risk Assessment Criteria for Your Organization
- Embrace the Power of Annual Risk Assessments Recommended for Continuous Improvement
- Harness the Potential of Monitoring and Reporting Tools with Real-World Examples
Who Should Attend
This informative session is designed for risk managers/leaders, chief risk officers, compliance officers, internal auditors, chief operating officers, chief credit officers, and the entire risk management team.