Characteristics of Strong Risk Assessments and Tools to Monitor and Report Results


Characteristics of Strong Risk Assessments and Tools to Monitor and Report Results

Jul 25, 2024 | 11:00 am ET • 10:00 am CT | Webinar

Financial Institutions provide great value to the American economy. But that value comes with risks. Risk Assessments are at the core of a strong Enterprise Risk Management (ERM) Program. Therefore, developing strong risk assessments for all key areas of the financial institution is crucial.

Strategic-minded institutions do not strive to eliminate risk or minimize it. They strive to manage risk at the enterprise-wide level so that they incur just enough of the right kind of risk to effectively pursue their strategic goals. This is referred to as “Optimal Risk-Taking.”

Review the characteristics of strong Risk Assessments to ensure you address key areas of your institution and discuss how to develop an enterprise-wide process to conduct Risk Assessments. Gain practical tools and examples to implement in your organization immediately while strengthening your existing Risk Assessments and creating new ones.

Learning Objectives:

  • Understand Enterprise Risk Management (ERM) and its key components.
  • Explore the three phases of ERM, emphasizing the role of Risk Assessments.
  • Enhance existing Risk Assessments through the Risk Assessment Process.
  • Comprehend the goals and characteristics of effective Risk Assessments.
  • Explore the relationship between Risk Assessment Systems (RAS) and CAMELS rating.
  • Identify and prioritize the top eight risks along with other significant ones.
  • Master the use of a Matrix for ERM Risk Assessments, a core methodology.
  • Differentiate types of risk assessments based on risk areas and their components.
  • Examine examples of Monitoring and Reporting tools for ongoing risk management.

Duration: 90-minutes


ICBA Members

Live: $209

On-Demand: $229

Live + On-Demand: $249


Live: $309

On-Demand: $329

Live + On-Demand: $449

Unlimited Webinar Pass subscription: $0

Attendance/Cancellation Policy:

  • Registration fee is valid only for the individual registered. Each attendee must register.
  • Full payment is required prior to real-time event attendance. Digital products will be made available when full payment is received.
  • Digital product purchases cannot be cancelled once the order has been processed and the product is available to use.
  • Refunds will not be granted unless there is a technical issue that cannot be resolved that prevents the purchaser from accessing and/or using the product. Refund requests for technical issues must be received within 15 days of the date of purchase.

For more information, call 800-422-7285.

Who should attend: Risk Managers/Leaders, Chief Risk Officers, Compliance Officers, Internal Auditors, Chief Operating Officer, Chief Credit Officer, and the entire risk management team.

Prerequisites: None

Advanced Preparation: Basic knowledge of banking.

Program Level: Intermediate

Field of Study: Specialized Knowledge

Delivery Method: Group Internet Based.

CPE Credit Hours: 1.5

Marci Malzahn

Marcia Malzahn

President and Founder

Malzahn Strategic

Code of Conduct

Registration, attendance, or participation at this event constitutes an agreement to adhere to the ICBA code of conduct and complaint policy. ICBA aims to be welcoming, safe, and inclusive to all participants, with the most varied and diverse backgrounds possible.

As such, The Independent Community Bankers of America (“ICBA” or the “Association”) has adopted a zero-tolerance policy toward all forms of unlawful discrimination and harassment.

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