Operational Risk: The Business Imperative - Sunday October 28, 2012 (optional)
8:00 a.m. – 12:15 p.m.
Developing an Operational Risk Program for Community Banks
Information Security Risk Management
Information security (IS) remains a critical risk for bank risk managers, particularly in light of the ever increasing use of cloud service providers and mobile devices. Banks must use best practices in both information security governance and controls in order to avoid data events that would cause significant financial losses, regulatory scrutiny, or reputational harm. Explore data security trends and issues and hear practical strategies for building sound IS risk management programs.
Eric Holmquist, Managing Director, Accume
The Intersection between Operational Risk and ERM
In May 2012, Thomas Curry, head of the OCC, said that operational risk “is currently at the top of the list of safety and soundness issues for the institutions we supervise.” Learn how operational risk failures undermined enterprise risk management (ERM) in the vast majority of failed U.S. banks since 2008, and why banks cannot achieve successful ERM without rock-solid operational risk management. Hear about practical, common-sense operational risk management tools that bank directors, CEOs, and risk managers can use to bolster ERM.
Richard J. Parsons, consultant and author of Broke: America's Banking System (publisher: RMA 1Q 2013); retired from Bank of America, Corporate Operational Risk, in 2011.
Operational Risk Framework
Speaker to be determined
Vendor Management
Edward J. DeMarco, Jr., General Counsel and Director of Operational Risk, The Risk Management Association
RMA-CRC: 6 CEUs
Registration fees:
RMA Member (forum alone): $595
RMA Member (with full conference registration): $395
Nonmember: $750
This event can be taken on its own without attending the Annual Conference. Find out how.
Pre-Conference Round Tables - Sunday October 28, 2012 (optional)
2:00 p.m. – 5:00 p.m.
Pre-Conference Round Tables
Credit Risk Policy Round Table (for bankers only, optional) Participate in interactive discussions that will focus on credit risk policy issues. The final agenda will be developed with input from round table participants. Designed for senior managers engaged in credit policy, credit administration, and other risk management functions.
RMA-CRC: 3 CEUs
Registration fee: $250
Enterprise Risk Management Round Table for Community Banks (for bankers only, optional) Share ideas around topics such as ERM structure, measurement, and practical applications. The final agenda will be developed with input from round table participants. Designed for senior community bankers with ERM responsibilities.
RMA-CRC: 3 CEUs
Registration fee: $250