What is enterprise risk management (ERM)? Why is it critical for good corporate governance and management of financial institutions? Why must the credit union industry move aggressively to understand and adopt this fundamentally new and comprehensive means of measuring, monitoring, and controlling risk? Financial institution directors and senior managers must have a good understanding of how to assess enterprise-wide risk in an integrated manner. Implementing such a program must begin with the board. A good program will link risk management with strategic and capital planning and enhance the institution’s ability to be competitive and to operate more efficiently and profitably.
- Aligning the board and management on ERM
- Identifying an institution’s current risk profile and translating that into risk appetite
- Developing an initial framework to establish the ERM language and communication channels
- Identifying and aligning risk managers within the organization
- Creating and measuring key risk indicators in a manageable, replicable process
- TAKE-AWAY TOOLKIT
- A "getting started” guide and ERM checklist
- A list of outside resources, reference materials, and websites
Who Should Attend?
This informative session is designed for directors and senior and middle managers seeking to establish an enterprise risk management system or in search of a better system and tools with which to supplement their current program. Attendance verification for CE credits provided upon request.
About the Presenter: Patrick Kennedy, Jr. & Dub Sutherland, Kennedy Sutherland LLP
Patrick Kennedy is a managing partner in the law firm of Kennedy Sutherland LLP. Pat and his firm specialize in representing financial institutions on corporate, securities, and regulatory matters. He served as Chair of the International Law Section of the State Bar of Texas, Chair of the World Affairs Council of San Antonio, Chair of the Retail and Consumer Banking Law Subcommittee of the American Bar Association and as a board member of the Independent Bankers Association of Texas. Pat has chaired a number of professional conferences on international and financial institution law and is a frequent author and lecturer on these subjects. Pat obtained a Bachelor’s from Georgetown University in 1975 and a JD from St. Mary’s University School of Law in 1978. He is a member of the State Bar of Texas.
William "Dub” Sutherland is a partner at Kennedy Sutherland LLP, where his focus is providing guidance to financial institutions in strategic and succession planning, management and management structure, and improving risk-management practices. Dub has spent most of his career in executive management in the banking and manufacturing industries. He continues to focus on risk management and management theory and the practical application of these theories in the financial services industry. Dub is member of the American Bar Association, Banking Law Committee, and the State Bar of Texas. He received a Bachelor’s. in Government from The University of Texas at Austin in 2003 and a JD from St. Mary's University School of Law in 2007.
|Over $7 million
|$7 - 75 million
|Under $7 million
Cancellation Policy: Sorry, no cancellations are allowed after connecting instructions and handout materials are distributed to registrants. Substitutions are welcomed and encouraged.
Please note: The live webinar option allows you to have one telephone connection for the audio portion and one Internet connection (from a single computer terminal) to view online visuals as the presentation is delivered. You may have as many people as you like listen from your office speaker phone.