After going through the definition and nature of an ERM program, we go through the different merits of including self-assessments. We then highlight the specificities of the 3 areas mentioned: generic ERM, IT risk and internal controls. 

We highlight a few specific areas within IT that need extra precautions for assessment, and the categories included, together with templates that may be used.

For internal controls risk assessment, a list of the areas to be assessed is done, highlighting the categories to include.

We then show, with a few concrete and practical examples, how the failure of assessment can translate into real disaster scenarios, and how to steer away from such scenarios.

Learning Objectives

  • ERM quick overview of key definitions
  • Three Key Phases of ERM
  • How Risk Assessments fit in
  • The Risk Assessment Process
  • Risk Assessment Systems
  • Top risks to Assess
  • Risks in the light of interdepartmental relationships
  • Regular risk assessments
  • Areas Assessed
  • ERM Risk Assessment Matrix

Why should you attend?

Financial institutions, when setting up an Enterprise-Wide Risk Management program, have to include some self-assessment. The exercise, generally starting with a good, coordinated and consistent view, can get very quickly into the intricacies of IT risk and the nature and thoroughness of internal controls.

Risk assessments are at the core of an ERM program. In this webinar, we focus on developing risk self-assessments, IT risks and internal controls to be implemented or re-implemented.

Who Will Benefit

  • Risk Methodology
  • Credit risk, counterparty Risk
  • Market Risk Management and Analytics
  • Risk Internal Audit — Quantitative Analysis
  • Regulatory and Economic Capital
  • Basel III
  • Regulation & Compliance 
  • Operational Units Managers
  • Financial Institutions Advisory 
  • Bank Supervision and regulation
  • Financial Officers
  • Risk Officers
  • Internal Auditors


On Demand

Fred Vacelet is a Financial Risk Management Consultant with an international expertise in Risk Management methodological frameworks. His experience spans some 25 years, advising banks, software house Know More

Fred Vacelet