When autocomplete results are available use up and down arrows to review and enter to select.
Enterprise Risk Management (ERM) is a critical function for banks, aimed at identifying, assessing, and managing multiple types of risk faced by the institution. ICBA’s Enterprise Risk Management Institute offers comprehensive instruction covering the fundamentals of ERM, risk categories, risk integration, and practical strategies for developing and implementing effective ERM programs.
This institute is designed for individuals experienced in banking but new to ERM, as well as for banks in the initial stages of developing an ERM program.
This training provides a comprehensive and practical approach, equipping you with valuable knowledge, skills, and strategies to enhance your organization's risk management practices and ensure compliance with regulatory expectations. Join us to gain the necessary tools and insights to effectively navigate the complex world of enterprise risk management in the community banking sector.
To earn the Certified Community Bank Risk Specialist (CCBRS) certification, you will be required to attend this program in its entirety, complete all assignments, and achieve a passing score on the certification exam. If you decide to enroll in the certification testing after you register for the class, please contact an ICBA Education representative at 800-422-7285.
Learning Objectives:
Understand the fundamentals of Enterprise Risk Management (ERM), including its purpose, significance, and regulatory pressures driving its adoption.
Identify the key components of ERM, such as risk categories, frameworks, and integration within the three lines of defense.
Recognize and assess enterprise-level risks faced by financial institutions.
Apply best practices to manage and mitigate enterprise-level risks.
Develop a Risk Appetite Statement (RAS) aligned with risk culture, strategic plans, and policies.
Construct key performance indicators (KPIs), key risk indicators (KRIs), and a risk dashboard.
Understand the reporting and management aspects of an ERM program.
Implement best practices for running a successful ERM program.
7:30 a.m. – 8:00 a.m.
8:00 a.m. – 4:30 p.m.
Enterprise Risk Management (ERM) Concepts – What, Why, Who?
Learn about ERM, its background, importance, and the regulatory pressures driving its adoption. Understand the fundamentals of ERM, its role in culture and risk integration, and how to start implementing ERM in your organization. Explore ERM from the perspective of the 1st, 2nd, and 3rd lines of defense as well as for the board.
ERM Categories
Review the risk categories relevant to ERM in the banking industry. Explore the scope of compliance/legal, credit, interest rate/market, liquidity, operational, reputational, and strategic risks.
12:00 p.m. – 1:00 p.m.
8:00 a.m. – 4:30 p.m.
Learn about specific risks faced by banks at an enterprise level. Examine credit, operational (including HR and IT), interest rate/market, liquidity, compliance/legal, reputational, and strategic risks. Best practices and case studies will be shared to enhance participants' understanding of managing these risks.
Operational Risk (including HR and IT)
Credit Risk
Compliance & Legal Risk
Interest Rate, Market & Liquidity Risk
Reputational & Strategic
Breakout Exercise
8:00 a.m. – 12:00 p.m.
Developing Your Risk Appetite Statement
Explore the development of a Risk Appetite Statement (RAS) and how to construct it with management input and board approval. Understand the linkage between RAS, risk culture, strategic plans, and policies. Examples will be provided to guide participants in developing their own RAS.
Building Your Risk Dashboard
Identify key performance indicators (KPIs), key risk indicators (KRIs), and other relevant indicators tied to the Risk Appetite Statement. Learn how to educate and collaborate with executives and business line owners to measure and monitor risks effectively. Practical examples will be shared to assist participants in building their risk dashboards.
Reporting and Running Your ERM Program
Cover the reporting and management aspects of an ERM program. Gain insights into ERM committee structures, board reporting, and triggers to update the program. Explore best practices for running an ERM program
Hot Topics – Enforcement Actions, Industry News
Enterprise Risk Management (ERM) Overview and Recap
Questions, Clarification, or Conversation with Instructors
10:00 a.m. – 12:00 p.m.
The certification exam will be available following the conclusion of the institute. You will be able to access and complete the exam any time after the institute adjourns. However, you must complete the exam no later than the exam time shown above. The exam is timed, and you will be allotted the same amount of time to complete the exam no matter when you choose to take it.
Note - If you do not pass the exam, you will have the opportunity to retake the exam at a future retake date.
ICBA Members: $1,699
Non-Members: $2,199
Certification Testing Fee: $500
*Attendance may be subject to ICBA approval.
* View CPE Credit Hours in the “Who Should Attend” section.
This event is not recorded. For more information, call 800-422-7285 or email [email protected].
Details coming soon!
Who should attend: Community bank risk managers or closely-related functions. The responsibility of risk management may fall upon multiple functional areas of a community bank and therefore this program is recommended for all community bankers responsible for the management of overall bank risk. This may include senior management, risk analysts, risk specialists, auditors, compliance officers, general counsel, and more. Risk management experience preferred.
Prerequisites: No previous experience or training required
Advanced Preparation: Recommended-Complete complimentary pre-recorded course sent upon registration
Program Level: Intermediate
Field of Study: Specialized Knowledge
Delivery Method: Group Live
CPE Credit Hours: 21
Managing Principal Value & Risk Services
CliftonLarsonAllen
Regulatory Compliance Director
CliftonLarsonAllen
Assurance Principal
CliftonLarsonAllen
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.
Suitcasing is the act of soliciting business by non-exhibiting companies in the during the event or in other public spaces, including another company's booth, a convention center, or a hotel lobby. It is ICBA event management’s objective to do everything legally possible to protect its exhibitors and community banker attendees from suitcasing.
"Material was excellent and the presenters were fantastic and so engaging! I really enjoyed the entire session."
"The overall content and presentations were excellent. The presenters had a high level of experience and expertise. I would not hesitate to recommend this session to others!"
"I was about to takeaway a plan to pull everything together. We currently have multiple moving parts, so we have a place to start now."
"I feel that I left this session with the tools needed to establish an effective ERM program. I also left with a good overview of what an ERM manager and CRO should be dong which was very valuable as well."