RMA Business Services

Are you prepared for a new emphasis on enterprise risk from the regulators?

This seminar can be taken on its own, or as a post-conference event at RMA's Annual Risk Management Conference, October 28-30, 2012.

Seminar Overview:
Today regulatory expectations are one of the key drivers behind the adoption of an enterprise risk management (ERM) approach in community banks, and institutions are measuring the effectiveness of ERM from a favorable regulatory perspective, according to an RMA practices survey. RMA has developed an ERM workshop for community banks, in conjunction with Second Pillar Consulting, which provides a framework for discussion with the board of directors and senior management to enhance the enterprise risk within your bank.

The seminar identifies the practices and benefits of a dynamic enterprise-wide risk organization. Through interaction and hands-on exercises, participants learn practical approaches that they can immediately apply to their specific organization.

The seminar starts with a definition of enterprise risk management (ERM) and a discussion of the basic tenets of a sound ERM practice-organization, reporting, measuring, monitoring, and culture—much of which in some form is already in place. The workshop will address how to leverage these existing practices to develop a robust risk culture grounded in ERM principles.

The program will further discuss the need for the crucial awareness of the risk return mentality and the expectations of stakeholders and regulators, and the need to integrate these factors into the bank's strategic plans.

The key principles of managing and monitoring risks—including credit, market, liquidity, operational, and reputational risk—will be covered with an emphasis on utilizing ERM to increase opportunities for growth, to identify risks, and to minimize earnings volatility.

A module will be dedicated to creating effective risk reports and will look at the perils of using accrual-based accounting to measure risk. This workshop will also lay out the organizational and behavioral processes and practices that can enhance individual and organizational performance. Lastly, the workshop will engage participants in an exercise designed to bring the concepts together and provide a road map for application at their individual organizations.

Who will benefit?
CEOs, chief credit and risk officers, line-of-business heads, chief financial officers, and other senior risk management professionals who work at community banks should consider this workshop.

You will:

• Learn how to create a blueprint for a sound risk culture and smart decision-making.
• Encourage others to think about risk in a different way.
• Help create effective, risk-oriented communications with different constituencies—the board, lines of business, regulators, etc.
• Define and demystify enterprise risk management.
• Help organize successful risk practices at your bank.
• Receive practice templates focusing on board reporting, new product analysis, capital adequacy, and more.

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