Three Key Risk Assessments in Your ERM Program: ERM, IT, and Internal Controls

This webinar will first take you through a step-by-step process to develop strong Risk Assessments to address key areas of your institution. Then the presenter will specifically focus on three key Risk Assessments you must have as critical components of your ERM Program: the Enterprise Risk Management Risk Assessment, Information Technology Risk Assessment, and the Internal Controls Risk Assessment. You will walk away with practical tools and examples you can implement in your organization immediately.

This webinar is for participants who have a basic foundational knowledge of Enterprise Risk Management and are looking for specific examples on how to complete these three important Risk Assessments. The presenter will focus on how COVID-19 impacted each risk category, the consequences, and mitigating and monitoring tools credit unions can use to mitigate the effects of the Pandemic now and going forward.

Covered Topics: 

Part I: 

• ERM quick overview and key definitions
• Three Key Phases of ERM and how Risk Assessments fit in
• The Risk Assessment Process
• ERM Risk Assessment– Complete example
  • How COVID-19 affected each Risk Category

Part II: 

• Information Technology Risk Assessment
  • Definitions
  • Areas Assessed
  • Categories Included
• IT Risk Assessment – Complete example
• How COVID-19 affected IT Security and Cyber Risk

Part III: 

• Internal Controls Risk Assessment
  •  Definitions
  • Areas Assessed
  • Categories Included
• Internal Controls Risk Assessment – Complete example
• How COVID-19 affected Internal Controls, Processes, and Procedures

Who Should Attend: 

This informative session is designed for Risk Managers and Risk Leaders, Chief Risk Officers, Compliance Officers, Chief Operating Officer, Chief Credit Officer, Internal Auditors, and the entire risk management team.

For more information and to register, click here.