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Characteristics of Strong Risk Assessments: Tools to Monitor & Report Results

Aug 11 10:00 AM - Aug 11, 2022 11:30 AM
Aug 11, 2022 10:00 AM - 11:30 AM
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Strategic-focused financial institutions endeavor to manage the perfect amount of risk -no more, no less. Learn more about “optimal risk-taking” with this detail-driven webinar.

Learning Objectives

  • Overall view of enterprise risk management (ERM) and its three phases
  • Key steps to strengthen existing risk assessments
  • Characteristics and goals of risk assessments based on industry best practices
  • How to identify and assess your institution’s risks enterprise-wide
  • What is a risk assessment system (RAS) and its relationship to CAMELS rating?
  • The top eight risks and other important ones• How to conduct an ERM Risk Assessment using a matrix – the core of risk assessments
  • The various types of risk assessments based on the area of risk and what they consist of
  • Examples of ongoing monitoring and reporting tools and how to use them

Financial institutions provide great value to the American economy. But that value comes with risks. Strategic-minded institutions do not strive to eliminate risk or even to minimize it – they strive to manage risk enterprise-wide so that just enough of the right kind of risk is incurred to effectively pursue their strategic goals. This is referred to as “optimal risk-taking.” This webinar will explore the characteristics of strong risk assessments so participants can address key areas in their own institutions. The presenter will share her experience in developing an enterprise-wide process and explain how to conduct risk assessments in a pragmatic, easy-to-understand way. Practical tools and examples will be provided that can be implemented immediately. Learn how to strengthen your existing risk assessments and create new ones for other areas as needed.

Agenda

Speakers

Marcia Malzahn, Malzahn Strategic

Marcia “Marci” Malzahn is the founder and keynote speaker at Crowning Achievements International –inspiring and educating emerging leaders in the financial industry. She is also president and founder of Malzahn Strategic, which provides management consulting to community financial institutions. Marci has30 years of banking experience, with 10 years as the EVP/CFO/COO of a community bank she co-founded.

Marci speaks frequently at industry conferences, association events, and leadership and women’s conferences. She has published five books and received several professional awards. As a Certified Virtual Presenter, Marci provides online and onsite training for financial institutions. Marci is a certified life coach and a certified community bank director. She holds a bachelor’s in business management from Bethel University and is a graduate and faculty of the Graduate School of Banking in Madison, Wisconsin.

Location

Fees

$259.00 

Your registration includes unlimited locations, making it easier to share and learn with remote staff.

Please note: You may share the link with others at your credit union, however the confirmation will be sent to one primary contact at your credit union. It will be up to the primary contact to share the material with others.

Additional Info

Event Type

On-Demand Webinar

Topics Covered

  • On-Demand Webinars
  • Compliance