Very few organizations find Enterprise Risk Management (ERM) easy. The effort requires consensus within the company, and even more importantly, strong support from the board and executive management. Organizations with effective ERM programs reap the benefits because such programs compel organizations to identify their risks, which helps protect capital and assets and drives overall company value. As boards and executive management evaluate ERM, they generally walk away with more questions than answers related to the challenges they face when seeking to create a quality program.
This session examines 10 of the most common ERM challenges, as well as creative solutions that have been applied by successful organizations. By better understanding these challenges, you will be more equipped to develop and/or revamp your own ERM program.
Learning Objectives:
Quantivate
SVP of Risk & Services
[email protected]
(425) 947-5929
William “Bill” Hord has over 30 years of experience in executive management within the financial services industry focused on risk management, business continuity, financial software, and lending & collections.
Prior to joining Quantivate, he helped lead a Midwest financial institution as its VP of ERM, also acting as BSA Officer, Compliance Officer, and Security Officer. While there, Mr. Hord was responsible for overseeing enterprise risk, business continuity, vendor management, compliance, fraud prevention, lending & new account quality assurance, BSA/AML, emergency response, physical security, bonding/insurance, and audit management.
Mr. Hord is COSO and Compliance Certified. He consults with numerous financial institutions and companies across the country, helping them to shape and build their risk management programs. He also works with many associations and professional organizations to enhance and teach their ERM curriculum.