Enterprise Risk Management Workshop (Conferences/Forums)

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Workshop Overview
Discovering that enterprise risk management (ERM) and economic capital analysis can impact their bottom lines, banks are choosing to introduce more sophisticated risk and capital management techniques across their organizations.

To guide banks through this process, RMA and Ambit ERisk have teamed up to deliver practical, hands-on risk and capital management training. By following a proven ERM strategic design process, participants will gain the knowledge necessary to develop and implement an ERM.

A key focus of the workshop will be on the unique issues facing regional banks, including:

• Lessons learned from the early adopters of enterprise risk management.
  
• Ways of overcoming critical data issues.
  
• Skills necessary to roll out the project successfully across a diverse and complex organization.
  
• Learning how to use those skills in strategic decision-making and regulatory compliance.

Senior-level practitioners will participate in roundtable discussions and case study exercises to explore the practical aspects of executing enterprise risk management initiatives.

Benefits of implementing an ERM framework include:

• Establishing an integrated view of risk across the organization, with emphasis on risk concentrations and those risks that traditionally would have fallen through the cracks.
  
• Understanding the nature and sources of risk in your bank’s book of business and the resulting capital required to achieve financial strength targets—then using that information for external communications with equity analysts, rating agencies, and regulators.
  
• Integrating capital management and strategic planning, including enhancing your institution’s capital allocation to generate stronger and more sustainable ROE.
  
• Improving margins by structuring deals to mitigate risks, instituting risk-based pricing, enhancing customer profitability, and designing new products.
  
• Saving costs by using the new risk information to streamline business processes, such as underwriting.
  
• Making informed choices when responding to the evolving regulatory environment, particularly in terms of compliance costs and potential business benefits.
  
• Implementing performance incentive programs consistent with how the capital markets reward bank performance.

By participating in this training, you will:

• Understand the practical aspects of enterprise risk management and how it can be used to enhance key business decisions, including underwriting, capital allocation, profitability analyses, and new product development and strategy.
  
• Develop a plan for achieving your risk measurement and management goals by building a business case around risk management investments and determining the gaps that need to be addressed in order to reach those goals.
  
• Learn strategies to address practical implementation issues, including critical data issues and preparing of senior executives, board members, and business unit managers for the successful rollout of economic capital and ERM information.
  
• Make informed decisions regarding the trade-offs between various approaches and prioritize elements of an enterprise risk management program in accordance with your objectives, available data, time frames, and personnel resources.
  
• Understand how to link enterprise risk management to your firm’s strategy, planning, and compensation process.
  
• Develop clearer communication of your firm’s risk profile to the board, regulators, and rating agencies.
  
• Learn an ERM project management framework that mitigates costs and project risks and increases success rates and the potential for securing business benefits from your ERM system.

What makes this RMA/Ambit ERisk workshop unique?

• More emphasis on practical application of real-world problem solving and less emphasis on formulas.
  
• Specially designed workshop sessions and case studies that provide hands-on access to state-of-the-art economic capital models.
  
• Instructors who are leading practitioners of enterprise risk management in regional banking environments.
  
• Built-in networking opportunities with peers to share your experiences, vent your frustrations, learn from others, and evaluate approaches.
  
• An interactive format with just 20 to 25 participants.

Topics to Be Covered

Components of an ERM Framework

• Overview and Timeline for implementing and deploying an ERM Framework.
  
• A business case study for an ERM Framework.

Effective Corporate Governance

• Roles and responsibilities based on organization structure for the framework.
  
• Forming effective risk policies and incorporating regulation and other legal requirements.
  
• Capital planning based on available financial resources.

Risk-Based Decision Making

• Economic Capital as a consistent measure of risk.
  
• Risk-based pricing in the lending businesses.
  
• Limit setting based on the target risk profile.
  
• Incentive compensation for business line managers.

Portfolio Approach to ERM

• Risk Transfer Pricing
  
• Portfolio-based interest rate and credit risk management.
  
• Incentivizing the portfolio risk management function .

Risk Transfer and Management

• Principles behind the modification of the risk profile.
  
• Tools and techniques for risk transfer.
  
• Including risk transfer in risk quantification process.

Risk Quantification Analytics

• Comprehensiveness and difference between uncertainty and expectation.
  
• Quantification of capital risks and non-capital risks (such as liquidity risk).
  
• Role of key risk indicators in the ERM framework.
  
• Stress Testing.

Data Infrastructure

• Effective tools and process for data security and integrity.
  
• Reconciliation of data sources.
  
• Technology platform and its impact on process robustness.

Communication and Stakeholder Management

• Review who you are reporting to and what you are reporting as a company.
  
• Improvements that could have been made in hindsight.
  
• Insights from a survey conducted by Ambit ERisk.

Who Should Attend

• Those responsible for designing, implementing, or influencing an enterprise risk management program.
  
• Senior-level executives wishing to learn more about enterprise risk management and the practical issues involved in deploying and rolling out such a process.

About Your Workshop Leader
Shahram Elghanayan ("Rami") is the Managing Director of the Analytical Services group at ERisk. In this capacity, he is responsible for assisting banks in using risk based concepts to make better tactical and strategic decisions. This includes topics like loss forecasting, capital adequacy assessments, limit setting, portfolio optimization, relationship and customer level profitability/pricing, and incentive compensation.

Kenneth Wee is a Director of the Analytical Services group at ERisk. He focuses on helping decision-makers incorporate the dimension of risk, such as through risk ratings, economic capital, and concepts of risk-adjusted profitability.

Jonathan York is the Vice President of Technology and Development at BancWare ERisk, a division of SunGard specializing in risk and capital management systems for financial institutions. He is responsible for managing technology strategy and operations, including developing BancWare ERisk’s software product line, managing the technology consulting business, and providing the technology infrastructure for the organization.

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