Enterprise Risk Management 2015

Key Topics

• Reporting to the board
  • Overcoming what to report to the Board, disseminating information for accurate and relevant reporting
• Regulatory compliance
  • Reviewing requirements across global and national regulators and implementing ERM processes for more than competitive
• Model risk
  • Quantifying the risks associated with models and leveraging regulatory requirements
• Stress testing
  • Using stress testing as a value adding tool to analyse risk across the enterprise and designing relevant scenarios that are forward looking
• Cyber crime
  • Analyzing the increasing cyber threat in light of the increasing digitalization of the financial industry
• Vendor management
  • Reviewing robustness of third party programs to account for outsourcing to fourth and fifth party vendor risks
• Risk appetite
  • Leveraging risk appetite to facilitate cultural change and reviewing the applicability of risk appetite statements across financial institutions
• Ccp`s, counterparty risk & liquidity
  • Reviewing the effects of counterparty credit risk reforms and monitoring, measuring and reporting liquidity management metrics