{"product_id":"enterprise-risk-management-copy","title":"Enterprise Risk Management","description":"\u003cp\u003e\u003cspan\u003eIn today’s world of evolving technologies and businesses, financial organizations are taking on increasing levels of risk. This initiative has increased the need to employ appropriate Enterprise Risk Management (ERM) strategies, policies, and processes in order to identify, monitor, and manage risk at the proper levels. In a world of do more at a faster pace, it is important for companies to manage their activities in a manner that can allow them to align risk strategies with overall risk management and internal control activities. Inability to do this may put the company at risk for not being able to meet strategic objectives.\u003c\/span\u003e\u003cspan\u003e \u003c\/span\u003e\u003cspan\u003eThe topic of Enterprise Risk Management continues to be an important element for organizations to successfully manage risk. Yet many organizations still approach the effort as a siloed set of processes instead of as an integrated part of business operations. This can render the program ineffective.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp class=\"x_MsoNormal\"\u003e\u003cb\u003e\u003cu data-olk-copy-source=\"MessageBody\"\u003eTopics covered in this session\u003c\/u\u003e\u003c\/b\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli class=\"x_MsoListParagraph\"\u003eDefinition of ERM\u003cspan\u003e\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"x_MsoListParagraph\"\u003eSpectrum of ERM risks\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli class=\"x_MsoListParagraph\"\u003eCredit risk\u003c\/li\u003e\n\u003cli class=\"x_MsoListParagraph\"\u003eMarket risk\u003c\/li\u003e\n\u003cli class=\"x_MsoListParagraph\"\u003eLiquidity risk\u003c\/li\u003e\n\u003cli class=\"x_MsoListParagraph\"\u003eOperational risk\u003c\/li\u003e\n\u003cli class=\"x_MsoListParagraph\"\u003eLegal risk\u003c\/li\u003e\n\u003cli class=\"x_MsoListParagraph\"\u003eReputational risk\u003c\/li\u003e\n\u003cli class=\"x_MsoListParagraph\"\u003eStrategic risk\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli class=\"x_MsoListParagraph\"\u003eRegulatory expectations for financial organizations’ ERM\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli class=\"x_MsoListParagraph\"\u003eBalanced risk-taking incentives\u003c\/li\u003e\n\u003cli class=\"x_MsoListParagraph\"\u003eCompatibility with effective controls and risk management\u003c\/li\u003e\n\u003cli class=\"x_MsoListParagraph\"\u003eStrong corporate governance\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli class=\"x_MsoListParagraph\"\u003eKey steps to ERM implementation and maintenance\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli class=\"x_MsoListParagraph\"\u003eThe tone of the organization including risk management philosophy and appetite\u003c\/li\u003e\n\u003cli class=\"x_MsoListParagraph\"\u003eObjectives must be in place before management can determine the events that may impact achievement\u003c\/li\u003e\n\u003cli class=\"x_MsoListParagraph\"\u003eIdentify events distinguishing between risks and opportunities\u003c\/li\u003e\n\u003cli class=\"x_MsoListParagraph\"\u003eAnalyze risks considering likelihood and impact on an ongoing basis\u003c\/li\u003e\n\u003cli class=\"x_MsoListParagraph\"\u003eSelect a risk response – avoid, accept, reduce or share risk\u003c\/li\u003e\n\u003cli class=\"x_MsoListParagraph\"\u003eImplement policies and procedures to ensure the risk response is carried out\u003c\/li\u003e\n\u003cli class=\"x_MsoListParagraph\"\u003eInformation is captured and communicated in a timely fashion up, down and across the bank\u003c\/li\u003e\n\u003cli class=\"x_MsoListParagraph\"\u003eThe entire entity is monitored and modifications made as required\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli class=\"x_MsoListParagraph\"\u003eRisk management hierarchy\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli class=\"x_MsoListParagraph\"\u003eIt starts at the top\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e*This program does NOT qualify, nor meet the National Standard for NASBA accreditation \u003c\/p\u003e","brand":"BankersHub","offers":[{"title":"Default Title","offer_id":45763107258543,"sku":"ODC0807252","price":299.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0646\/2894\/9167\/files\/EnterpriseRiskManagement.png?v=1751385720","url":"https:\/\/www.bankershub.com\/products\/enterprise-risk-management-copy","provider":"BankersHub","version":"1.0","type":"link"}