By becoming a GARP member you become part of a global community of financial risk professionals. Learn More
Enterprise Risk Management
2 Day Workshop
Introduction
The aim of this seminar is to introduce participants to enterprise risk management, its major features, risk assessments, risk management and the implementation under the key regulations.
Key features include:
enterprise risk management and why banks adopt a holistic approach
assessing the five key risks
adding risks across risk types
the ERM process
challenges of implementing ERM and the frameworks banks adopt.
Who should attend this seminar?
This seminar is intended for those are new to ERM and will play a role in the implementation of ERM within their institution or who will be involved in assessing a banks ERM implementation. It will be of use to:
risk managers and analysts
senior management
it and operations professionals
internal and external auditors
compliance personnel
regulators and supervisory professionals
business managers
anyone new to ERM within financial services
suppliers and consultants to banks and the risk management industry.
Pre-requisites
No prior experience of enterprise risk management is required as this seminar first covers the basics before moving on to more advanced topics. However it is assumed that all delegates are familiar with common financial terms and have a basic understanding of banking and the functions of a financial institution.
Objectives
At the end of this seminar participants will have a basic understanding of:
enterprise risk management and why it is important in banks
the ERM process and how banks benefit from a holistic approach to risk management
the identification, recognition and assessment of the five key risks and the impact of the Basel Accord
the importance of balanced scorecards and their use in ERM
ERM, corporate governance, and the frameworks adopted by banks to ensure successful implementation
Content
DAY 1 – An introduction to enterprise risk management
Defining Enterprise Risk Management
What is risk?
What is ERM?
Why is ERM important?
The benefits of ERM
The history of ERM
The types of risk
Risk appetite
Key regulations
Basel Accord
Sarbanes-Oxley
Enterprise Risk Management
The ERM process
Risk control
Risk monitoring and reporting
The risk management function
Portfolio management
New product development
Case study
Risk recognition and assessment
The Basel Committee guidance
Risk recognition and assessment
Credit risk
Market risk
Interest rate risk
Liquidity risk
Operational risk
Adding risk across risk types
Economic Capital
Case studies
DAY 2 – Corporate governance, ERM frameworks and implementation
By becoming a GARP member you become part of a global community of financial risk professionals. 
