Banking and Financial Services (BFS) organizations are realizing the need for a pragmatic approach to manage a plethora of emerging risks surrounding the industry. Implementing an Enterprise Risk Management (ERM) program has become a crucial need to effectively manage regulatory pressures, and make risk-based decisions to achieve strategic and operational goals. Although banks across the world have established an ERM program, over time they have come to realize that it was not effective enough to help them address emerging risks and identify them in real-time.
What most BFS organizations look for in an ERM program is to be able to achieve faster and more transparent reporting of risks across the bank, measure and manage risks through an integrated approach, improve collaboration among teams and business lines, and help in the sustenance and growth of the organization. To accomplish this, they need to lay out a well-defined strategy and understand the underlying challenges before they set out to build an ERM program.
In this forum, Dan Gunther, Enterprise Risk Manager at Sterling Bank, and Susan Palm, Vice President - Industry Solutions at MetricStream will provide practical strategies and frameworks that will help organizations to implement a mature ERM program. Other pertinent points in the discussion will include:
Planning a strategic approach for implementing an enterprise-wide risk management program:
Best practices in building a risk management organization
How to measure and manage the maturity of an ERM program
The role of technology for an effective ERM program
Long-term benefits for BFS organizations with a mature ERM program
Join the webinar
The webinar is scheduled to take place on Thursday, September 13, 2012, at 11 am Eastern Time.
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management Solutions for global corporations. MetricStream solutions are used by leading corporations such as UBS, P&G, Constellation Energy, Pfizer, Philips, BAE Systems, SanDisk, Cummins and Sonic Automotive in diverse industries such as Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG, Government and Manufacturing to manage their risk management, quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as several million compliance professionals worldwide via the www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California.