In today's world, Enterprise Risk Management (ERM) is increasingly becoming more important to Mid-Sized and Community banks. It is essential that mid –sized and community banks understand the multiple practical dimensions of risk as well as how to best manage risk to gain a competitive advantage. The regulators and the market at large, expects the same level of sophistication and maturity when it comes to ERM programs from mid-sized and community banks as they would from some of the largest banks in the country, even though they might have a fraction of the budget which some of larger banks have access to. Faced with this challenge mid-sized and community banks today are building innovative best practices and frameworks to help them stay ahead of the curve in terms of superior risk adjusted performance.
MetricStream brings together a panel of banking experts with hands-on experience in building Enterprise Risk Management Programs for mid-sized and community banks to discuss and provide insights into:
- Causes of the recent financial crises
- Lessons learned from the recent financial crises
- Strategies to deal with an increasing amount of Operational Risk
- Taking an integrated ERM, Governance and Compliance approach
- Measuring and managing risk adjusted performance
- Defining roles of key players in managing ERM
- Establishing Standards of Practice
- Defining the technology infrastructure necessary to support superior risk adjusted performance
Dr. Robert M. Mark - CEO of Black Diamond Risk and Former Sr. EVP & CRO of CIBC
Susan Palm - Vice President of Industry Solutions, MetricStream