Preliminary agenda:
DAY ONE
Registration opens at 7:30 a.m.
Program begins at 8:30 a.m.
Introduction and expectations
| • |
A profile of the institutions represented by the participants |
| • |
What are the risk management goals of the participants? |
| • |
What are the top risks facing your institutions? |
| • |
What are your top challenges regarding implementing ERM? |
Introduction to risk and risk management
| • |
What is risk?
– Risk vs. uncertainty
– Types of risk
– Risk fallacies |
| • |
Why does risk management matter?
– Improved performance and profitability
– Ensure effective compliance with laws and regulations
– Avoid damage to reputation
– Risk management lessons from the recent past |
| • |
Did risk management fail in the last decade? |
An ERM framework (Part 1)
| • |
The mission of ERM
– Program Mission
– A risk management system
– Three lines of defense |
Refreshment break
Risk, risk management, strategy, and the value chain
| • |
Why and when risk management creates value |
| • |
Managing risk through hedging and insurance |
Lunch
An ERM framework (Part
2)
| • |
Risk appetite statement |
| • |
Risk appetite exercise |
| • |
Roles and responsibilities |
Refreshment break
Risk mapping: A new way of looking at risk
| • |
The risk management process |
| • |
Assessing probability and impact |
| • |
Avoiding, detecting, monitoring and controlling risks |
Exercise: Mapping your top 5 risks
Debrief on mapping exercise and the day
Day One concludes at approximately 5:30 p.m.,
with cocktail reception to follow.
Cocktail reception
DAY TWO
Program begins at 8:30 a.m.
An ERM framework (Part
3)
| • |
Risk control self assessments |
| • |
Risk measurement and reporting |
| • |
Self check – the risk loop |
Refreshment break
The new paradigm of risk management
| • |
Enterprise risk management |
| • |
Risk and decision-making |
Wrap-up
| • |
Review exercises |
| • |
Define next steps |
Lunch
Day Two concludes at approximately 1:00 p.m. |
