Regulators have determined that a key contributor to the financial crisis was Board of Directors failure to define the institution’s risk appetite, define quantitative measures of the bank’s risk tolerance and develop a strong risk culture which permeates the entire organization. To address the regulators concerns and proactively prepare for the inevitable questions that will arise in a regulatory examination, boards of directors are developing risk appetite statements and defining quantitative measures to monitor risk tolerance for all categories of risk. The most important and hardest to implement is developing a viable risk culture built on the foundation of the “Do Right Rule” which is pushed down to all levels of the organization. The most graphic example of the importance of a risk culture is the debacle at Wells Fargo.
This webinar will address the following topics:
Who Should Attend:
Board Members, Executive Management, Line Managers as appropriate
$249 for Live and Playback*
Dates of Event
Monday, November 6, 2017