This seminar is offered on its own or as a post-conference event with RMA's
Annual Risk Management Conference. You
can read more about the conference here.
Learn how to successfully implement enterprise-wide risk management strategies
at your bank
Seminar Overview:
Today regulatory expectations are one of the key drivers behind the adoption
of an enterprise risk management (ERM) approach in community banks, and institutions
are measuring the effectiveness of ERM from a favorable regulatory perspective,
according to an RMA practices survey. RMA has developed an ERM workshop for
community banks, in conjunction with Second Pillar Consulting, which provides
a framework for discussion with the board of directors and senior management
to enhance the enterprise risk within your bank.
The workshop identifies the practices and benefits of a dynamic enterprise-wide risk organization. Through
interaction and hands-on exercises, participants learn practical approaches that they can immediately apply to
their specific organization.
The workshop starts with a definition of enterprise risk management (ERM) and
a discussion of the basic tenets of a sound ERM practice-organization, reporting,
measuring, monitoring, and culture—much of which in some form is already
in place. The workshop will address how to leverage these existing practices
to develop a robust risk culture grounded in ERM principles.
The program will further discuss the need for the crucial awareness of the risk return mentality and the expectations
of stakeholders and regulators, and the need to integrate these factors into the bank's strategic plans.
The key principles of managing and monitoring risks—including credit, market, liquidity, operational, and
reputational risk—will be covered with an emphasis on utilizing ERM to increase opportunities for growth, to
identify risks, and to minimize earnings volatility.
A module will be dedicated to creating effective risk reports and will look at the perils of using accrual-based
accounting to measure risk. This workshop will also lay out the organizational and behavioral processes and practices
that can enhance individual and organizational performance. Lastly, the workshop will engage participants in an exercise
designed to bring the concepts together and provide a road map for application at their individual organizations.
Who will benefit?
CEOs, chief credit and risk officers, line-of-business heads, chief financial officers, and other senior risk management
professionals who work at community banks should consider this workshop.
You will:
- Learn how to create a blueprint for a sound risk culture and smart decision-making.
- Encourage others to think about risk in a different way.
- Help create effective, risk-oriented communications with different constituencies—the board, lines of business, regulators, etc.
- Define and demystify enterprise risk management.
- Help organize successful risk practices at your bank.
- Receive practice templates focusing on board reporting, new product analysis, capital adequacy, and more.
Workshop Schedule
Registration begins at 8:00 a.m. and the workshop (with a working luncheon) runs
from 8:30 a.m.– 5:00 p.m.
Instructors
Bill Nayda, Ph.D., and Geoffrey Rubin, Ph.D., tap thirty years of combined financial
institution experience in helping banks comply with capital regulations. For
more information about Drs. Nayda and Rubin, please visit their website:
http://www.secondpillar.com/about_us.html
Registration fees
Seminar Alone
RMA Associate Member: $825
Nonassociate from RMA Member Institution/Professional Members: $875
Nonmembers $1,175
With full conference registration
RMA Associate Member: $500
Nonassociate from RMA Member Institution/Professional Members: $550
Nonmember: $1000