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Creating the Right Enterprise Risk Managemetn Program for Your Community Bank

Webinar

Are you creating your first ERM Program for your bank? Do you want to ensure your current program is complete yet keep it simple? If yes to either question, this webinar is for you! Risk Management is at the heart of banking and every bank has to have processes, policies, and procedures in place in order to assess and manage the risks on their balance sheet. Marci shares the fundamental pieces of the ERM puzzle, how they relate to each other, and how to integrate your ERM program into the bank’s Strategic Plan. Marci will take you one step at a time to build a complete yet simple program for your community bank. Having built an ERM program for a community bank from scratch, Marci describes the various components of a strong ERM program. In this educational session, you will learn how to put your program together using all the parts you already have in your bank. Marci shares how you can make the process fun and how your team will become closer as they work together with the common goal of protecting the bank’s assets.

Covered Topics:

  • ERM general background and key definitions

  • Identifying the specific building blocks/components of a simple yet complete ERM Program covering the three key areas of ERM:

    • Identifying and Assessing Risk

    • Mitigating and Eliminating Risk

    • Monitoring and Reporting Risk

  • Creating an ERM Committee Charter

  • Choosing the right ERM Committee members

  • Integrating the ERM Program into your Strategic Plan

  • Creating the Risk Management Appetite and Tolerance Statement – Description of Process

  • Implementing your ERM Program

  • Keeping the process fun while complying with regulations and protecting your bank—consistently in every area!

To register and for more information, click here