Banking industry hot topics: Regulatory risk for bank executives
Risk is a reality of doing business today. In many cases, risk is necessary for long-term operational success; however, failure to control risk effectively can often lead to just the opposite, including damaged reputation, loss of profits, disruption in productivity or, in severe cases, the end of the entity altogether.
Enterprise risk management (ERM) is the leading approach to managing and optimizing risks, enabling a company to determine how much uncertainty and risk are acceptable to an organization.
In the banking world, we often focus on our credit and interest rate risk, but is that all there is? With a company-wide scope, ERM serves as a strategic analysis of risk throughout an organization, cutting across business units and departments, and considering end-to-end processes. In adopting an ERM approach, banks gain the ability to align their risk appetite and tolerance with business strategy by identifying events that could have an adverse effect on their organizations and then developing an action plan to manage them.
Learning Objectives:
- Explain regulatory risk and what's around the corner.
- Define what ERM is and what it means to my financial institution Identify the core risk areas in banking.
- Integrate existing risk management programs into ERM.
- Evaluate the process for implementing and sustaining an effective ERM system.
Featured presenters:
- Erin Morrow, Financial Services Advisory Principal
- Tariq Mirza, Bank Regulatory National Managing Director
Recommended field of study: Accounting
Program level: Overview
Delivery method: Group-Internet Based
If you have any questions or encounter any technical difficulties while enrolling, please contact technical support at 877-398-9939 or email GTWebcast@level3.com. If you have any questions regarding CPE credit, please contact CPE support at 630-396-5831 or email CPEEvents@us.gt.com.
 | Location: | Online |
| Webcast | |
| Start Time: | Tuesday, January 29, 2013 |
| End Time: | Tuesday, January 29, 2013 |
