(Recording + Free Digital Download) Risk Management Series: Developing an Enterprise-Wide Risk Assessment

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Financial institutions provide great value to the American economy. But that value comes with risks. Strategic-minded institutions do not strive to eliminate risk or even to minimize it – they strive to manage risk at the enterprise-wide level. They manage risk exposure so that, at any given time, they incur just enough of the right kind of risk to effectively pursue their strategic goals – no more, no less. This is called “optimal risk-taking.” This webinar will go through a step-by-step process to develop risk assessments to address key areas of your institution. Learn how to develop an enterprise-wide process to conduct risk assessments in a practical, sustainable, and easy-to-understand way. You will receive useful tools and examples that can be implemented immediately.

HIGHLIGHTS
Overview and key components of enterprise risk management (ERM)
Three key areas of ERM and how risk assessments fit in
The risk assessment process
Identifying and assessing risks enterprise-wide
Risk assessment system’s (RAS) relationship to CAMELS rating
Top eight risks and others
How to conduct an ERM risk assessment using a matrix – the core of risk assessments
Various types of risk assessments, based on the area of risk and what they contain

TAKE-AWAY TOOLKIT
ERM risk assessment template in Excel
IT risk assessment template in Excel
Categories included in an IT risk assessment
Categories included in an internal controls risk assessment
Useful web resources
Employee training log
Quiz you can administer to measure staff learning and a separate answer key

Attendance verification for CE credits provided upon request.

WHO SHOULD ATTEND? Risk managers, chief risk officers, compliance officers, chief operating officer, chief credit officers, and the entire risk management team.

ABOUT THE PRESENTER – Marcia Malzahn, Malzahn Strategic, president and founder, a consultancy focused on strategic planning, enterprise risk management, and talent management for financial institutions. Marci has 23 years of banking experience, with the last ten as the EVP/CFO/COO of a community bank she helped start and where she oversaw all operations. In her last year as EVP/COO/CRO, Marci created and focused on the bank’s risk management program. Before starting the bank in 2005, Marci worked for a $34 million nonprofit where she led IT, HR, and finance. The recipient of several professional awards, Marci has published three books and is an international bilingual speaker who frequently presents at banking conferences. She holds a Bachelor’s in Business Management from Bethel University and is a graduate of the Graduate School of Banking in Madison, Wisconsin.

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