Recorded:November 20, 2013
Length: 60 Minutes
Enterprise risk management is often thought of as a overwhelming task to be dreaded and avoided at all costs. The goal of this session is to challenge our views on the risk management process. We believe that measuring, monitoring and setting risk goals in community banks should be easier.
The risk management function should be equal parts of goal setting, staying aware of the conditions around you, encouragement and taking corrective actions. This session will focus on measuring and managing risk in your community bank without engaging in the daunting task of formal Enterprise Risk Management. We will discuss simple, yet effective, risk management efforts, including:
- Setting measurable risk management goals
- Incorporating risk management into your annual budgeting and goal setting process
- Creating a risk management dashboard to monitor your risk positions
Please join us for this thought-provoking session.
Speaker: Thomas L. Danielson, CPA
Tom is a Partner with CliftonLarsonAllen, specializing in banking matters. For nearly 30 years, Tom has provided audit, tax and consulting services for community bankers. Tom routinely consults with bankers in the areas of mergers and acquisitions, capital planning, loan review, regulatory assistance, strategic planning and internal audit assistance. Tom also has a wide range of experience with fraud and embezzlement investigations.
1 CPE Credit
Program Level: Basic-Intermediate