Events Calendar

Risk Officer Series Webinar: Risk Management Officer: Expectations & Responsibilities
Wednesday, November 18, 2020, 03:00pm - 04:30pm

Risk management officers are credit unions’ internal watchdogs. Through constant vigilance and enterprise risk management (ERM) programs, they guard against compliance risks, conduct risk assessments, ensure monitoring and testing are conducted, etc. Join us to learn more about their role, responsibility, and reach.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

  • Clearly explain, identify, and document inherent and residual risks
  • Use risk assessments as a roadmap for scheduling monitoring processes, internal and external audits, and staff training
  • Define components of an enterprise risk management (ERM) program
  • Develop risk reporting that includes emerging trends and developments tailored to the relevant audience
  • Expand communication channels to gather risk data, confirm effectiveness of controls, and engender a risk culture throughout the institution

WEBINAR DETAILS

Risk management officers fulfill a robust role. They must understand the institution’s compliance risks, confirm that appropriate monitoring and testing are conducted, and ensure that both internal and external changes are properly managed. A working knowledge of the numerous compliance regulations is essential to ensure that the institution is generating compliant documents. In addition, communication with the board, management, and staff is a critical element of success. This webinar will provide the tools and best practices necessary to manage and fulfill the expectations and responsibilities of being a risk management officer.

WHO SHOULD ATTEND?

This informative session is directed to risk management officers, chief risk officers, compliance risk officers, internal auditors, and anyone responsible for risk management.

TAKE-AWAY TOOLKIT

  • Fair lending risk assessment sample
  • Compliance risk assessment template
  • UDAAP risk assessment sample
  • New product/service risk assessment template
  • Employee training log
  • Interactive quiz

SPEAKER:  Molly Stull, Brode Consulting Services, Inc.

Molly Stull began her career as a teller while working on her undergraduate degree and has continued working in the financial industry ever since. She has experienced the growth of a hometown bank, acquisitions of branches, mergers, charter changes, name changes, etc. Molly has activated business resumption plans, performed secondary market quality control reviews, processed wires, filed SARs, and coordinated reviews with external auditors and examiners. Her favorite role has always been educating staff and strongly believes that if staff understands the reason for a process they will be more compelled to follow the procedures. Molly holds a Bachelor’s from the University of Akron and an MBA from Ashland University.