Recorded: Thursday, February 25, 2010

90 minutes

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Overview

Wrapped in the noise about the causes of the country’s most recent financial crisis is the subject of enterprise risk management.

As bank loan portfolios continue to deteriorate and bank failures maintain a steady, elevated pace, bank regulators and government policy makers are becoming more consistent in their call for improved risk management at the nation’s financial institutions.

Though this conversation is not new, many banks struggle to develop an effective system for managing risk.  Board involvement, appropriate measurement and monitoring, and integration across multiple functional areas remain a challenge.

Join us for insight into overcoming those challenges as bank consultants and external auditors share their first-hand experience and knowledge of best practices in enterprise-wide risk management.

Agenda

Learning Objectives

Panelists

Scott Baret, Partner, Deloitte

Scott manages Deloitte’s U.S. financial services Governance and Risk Management practice. He also leads Deloitte’s Integrated Compliance and Risk Management (“ICRM”) services, which seeks to improve the efficiency and effectiveness of compliance and risk management related functions.

Scott's 19 years of experience include working with Deloitte’s largest domestic and international banking and securities clients. He has lead a number of large and complex projects related to the current financial environment in the areas of operations, risk management, and governance. These projects have focused on assessing and improving operations, processes, methodologies, governance oversight, and controls.

He is a Certified Public Accountant, licensed in the state of New York, and a member of the AICPA, the Risk Management Association, and the Professional Risk Manager’s International Association. He holds a BA from Gettysburg College and a MBA from Columbia Business School

Edward Hida, Partner, Deloitte

Edward Hida is the global leader of Deloitte's Risk & Capital Management practice serving some of the firm's largest banking, derivatives, and securities dealer clients.

Ed has substantial experience consulting on a variety of financial risk management and capital markets issues, including: enterprise risk management, economic and regulatory capital (including Basel II), credit risk management, market risk including value at risk, derivative financial instrument valuation, model validation, trading and risk management systems, operational risk, treasury and investment operations and internal control, and accounting policies and procedures. 

He is a chartered financial analyst and a certified public accountant licensed in the state of New York. He is a member of the American Institute of Certified Public Accountants, the International Association of Financial Engineers, the New York Society of Security Analysts, the Risk Management Association, and the Professional Risk Manager’s International Association. Ed has a BBA in finance and an MS degree in management from the University of Wisconsin.

Robert "R.B." Lane, President, Lane Risk Consulting, LLC

A former national bank examiner with the Office of the Comptroller of the Currency (OCC), R.B. Lane spent his last eight years with the OCC focusing on the areas of corporate governance, enterprise risk management, audit and Basel II Operational Risk. During his career, Mr. Lane also served on OCC quality improvement and document design teams, taught various national-level courses and participated in an agency-wide organizational review effort.

Since his retirement from the OCC, Mr. Lane has been consulting with individual banks and government regulatory agencies. Mr. Lane is a Chartered Financial Analyst, a certified fiduciary investment risk specialist, He holds a BA in economics from the Virginia Military Institute and a MS in finance from Virginia Commonwealth University.

Shawn Ryan (moderator), Associate Director, SNL Center for Financial Education

Who will benefit

This program is designed for professionals concerned with improvements in the risk management system at their financial institution from board directors to line personnel, including

• senior executives

• finance professionals

• risk professionals

• accountants

• auditors

In addition, the information will help inform the perspectives of:

• consultants to the banking industry

• bank regulators

• external auditors.

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