Transcript Slide 1
1 THE RISK MANAGEMENT ASSOCIATION Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 2 MEMBERSHIP The Risk Management Association Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 3 MEMBERSHIP TYPES There are two types of RMA Membership: • Institutional Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance • Individual JOIN. ENGAGE. LEAD. 4 INSTITUTIONAL MEMBERSHIP • Banks, thrifts, investment banks, insurance companies, regulatory and supervisory authorities, government and quasi-government entities. • Canadian credit unions, but not U.S. credit unions. • Any institution active in lending, including nonbank financial institutions (finance/leasing companies) • Dues based on the total assets of the institution. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 5 INDIVIDUAL MEMBERSHIPS Associate • Only an employee of an Institutional member of RMA may become an Associate. • Annual Associate membership dues: • $75. • Chapter fees are additional (if applicable). Continuing Associate CRC Associate • Former Associates who have moved to nonmember institutions. • $150 • Individual member who has passed the CRC exam and is with a nonmember bank. • $260 Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 6 INDIVIDUAL MEMBERSHIPS (CONT.) Professional Members • Individuals from professional services firms (accounting, law, consulting, etc.). • Annual Professional membership dues: • $275. • Chapter fees are additional (if applicable). Academic • Professors teaching risk management fulltime at accredited institutions. • $175 Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance Student • Full-time students with risk management major (business, finance, accounting, etc). • Free JOIN. ENGAGE. LEAD. 7 Benefits of Membership The Risk Management Association Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 8 INSTITUTIONAL MEMBERSHIP BENEFITS • Two individual Associate memberships: Senior and Alternate. • Annual Statement Studies. • RMA member pricing on all products and services for entire organization. • Industry best practices. • Invitations to specialized round tables. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 9 INDIVIDUAL MEMBERSHIP BENEFITS • Associate member pricing. • RMA Journal subscription/digital Journal. • Free downloads of articles and study packs. • Regulatory Insider – regulatory and industry updates. • Member roster*. • Free downloads of studies (surveys). • Opportunity to serve on a local or national board, council, or committee. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 10 Chapter Tips: Membership Recruitment The Risk Management Association Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 11 CHAPTER TIPS: TYPES OF MEMBERSHIP • Institutional membership does not automatically make you an individual (associate) member. • Professional members provide diversity, expertise, and networking opportunities. • Academic and student memberships can build nontraditional connections with the educational community. • TIP: Individual memberships of all types are an underutilized opportunity for most chapters (low-hanging fruit). Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 12 CHAPTER TIPS: MEMBERSHIP CAMPAIGN • Ongoing throughout the year. • Use as a motivational tool. • Offer local incentives. • Use board member contacts. • Work closely with RMA HQ and your Regional Manager. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 13 CHAPTER TIPS: RECRUITMENT TOOLS AND TIPS Offer a complimentary meeting to nonmembers 1 5 Consider nonmember banks who have recently hired a former RMA Associate Identify unreached institutions. 2 Consider a broader geographic base 4 Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance 3 Focus on institutions with increased attendance. JOIN. ENGAGE. LEAD. 14 Chapter Tips: Membership Retention The Risk Management Association Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 15 INFORMATION AND COMMUNICATION • Information is powerful. • Communicate with members regularly. • Publish regular newsletters to communicate key chapter activities and recognize members. • Use various channels of communication. • Use the slide deck at chapter meetings to communicate information about RMA. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 16 PERSONAL TOUCH • Make your members feel important and appreciated. • Recognize members in newsletters or at meetings. • Develop a “new member’s welcome packet.” • Make sure members know the key chapter personnel/officers. • Assign board members to personally welcome new members at chapter meetings. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 17 PERSONAL TOUCH • Involve members as much as possible. • Programs need to focus on relevant topics/speakers. • Conduct periodic surveys of members to insure that their needs are being met. • Listen to suggestions from the members. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 18 RMA Member-Get-a-Member Program The Risk Management Association Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 19 RMA MEMBER-GET-A-MEMBER PROGRAM • Members recruiting new members. • All Associate and Professional members are eligible. • Enroll to become a liaison: – Form available in brochure. – Or register online. • New member must fill in the “referred by” line on the application. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 20 RMA MEMBER-GET-A-MEMBER PROGRAM (CONT.) • Program runs from August 1 through June 30. • Different award levels based on number of recruits. • Liaisons (One Star and above) will be recognized in The RMA Journal and on the website. • All liaisons who achieve a One Star level or higher, will receive a special membership card and a special gift. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 21 RMA MEMBER-GET-A-MEMBER PROGRAM: AWARD LEVELS One Star Liaison: 5 recruits Two Star Liaison: 10 recruits • 10% discount on RMA products/open enrollments. • $10 Starbucks gift card. • 10% discount on RMA products/open enrollments. • $25 Amazon gift card. • Free individual membership for a year. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 22 RMA MEMBER-GET-A-MEMBER PROGRAM: AWARD LEVELS (CONT.) Three Star Liaison: 15 recruits Four Star Liaison: Top recruiter (must achieve Three Star level to be eligible) • 10% discount on RMA products/open enrollments. • $50 Amazon gift card. • Free Individual membership for a year. • Free registration and recognition at RMA Annual Conference. • All awards of the Three Star Liaison. • Free registration and 2 nights hotel stay at RMA Annual Conference. • Plaque awarded at RMA Annual Conference. • Invitation to Chairman’s Dinner at RMA Annual Conference. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 23 Chapter Membership Campaign The Risk Management Association Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 24 CHAPTER MEMBERSHIP CAMPAIGN: INSTITUTIONS • Chapter recruits new institutions year round: – Campaign runs June 1 – May 31. • No need for special application, chapter automatically receives credit for new recruits. • Chapter gets a $100 rebate for banks recruited June through January and a $50 rebate for banks recruited February through May. • Chapter gets a $100 rebate for banks that renew in the second year. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 25 CHAPTER MEMBERSHIP CAMPAIGN: INDIVIDUALS Chapters will receive a monetary rebate based on net percent increase in total individual members: 10–19.9% = $200 rebate. 20–30% = $300 rebate. 2–9.9% = $100 rebate. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 26 RMA CHAPTERS The Risk Management Association Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 27 RMA CHAPTERS Chapters are the face of RMA. To many members, the chapters are RMA. Run by local volunteers. 115 active chapters in North America. Four international chapters. Independent entities. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 28 WHAT DO CHAPTERS OFFER? •General membership meetings. •Networking events. •Educational events – open enrollments and locally developed courses. •Round tables. •Affinity group meetings (Young Professionals, Compliance, Women in Banking). •Scholarships. •Charity events. •University activities. •Internship programs. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 29 Chapter Resources The Risk Management Association Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 30 RMA JARGON • RM = Regional Manager. • RE = Regional Executive (former title of RM). • OE = open enrollment (educational courses). • HQ = headquarters. • LDP = Lending Decision Process. • CSCS = Credit Skills Certificate Series. • RMA U = RMA University. • CLC = Chapter Leaders Conference Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 31 CHAPTER WEBSITES • RMA has created a website for each chapter. • The chapter can manage it on their own, or send information to HQ for updates. • Chapters can post meeting notices, newsletters, chapter contacts, past events, membership applications, and affinity group information. • Chapter open enrollment courses will automatically feed to the chapter site. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 32 CHAPTER WEBSITES (CONT.) Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 33 CHAPTER LEADERS CONFERENCE • Annual conference for chapters – registration and two nights hotel stay covered by HQ. • Provides chapters with leadership skills, networking opportunities, and tools to effectively run a chapter. • Up to three chapter board members from each chapter can attend at no cost. • Average attendance of 250. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 34 CHAPTER RESOURCES • Regional Managers. • Membership lists. • Chapter Planning Guide– planning tool. • Sample chapter bylaws. • D&O liability insurance referral. • Information regarding IRS regulations. • Chapter websites. • Toolboxes. • Templates. • Cosponsored open enrollments. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance • Chapter Leaders Conference. JOIN. ENGAGE. LEAD. 35 REGIONAL MANAGERS Chapters and Community Banks • Central Region: Laura Martin • Northeast Region: Mike Mango • Southeast Region: Cindee Munro • Western Region: Erin Jester Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance Large Banks • Central Region: Jeff Thormann • Northeast Region: Bill Truscott • Southeast Region: Laurie Foster • Western Region: John Baier JOIN. ENGAGE. LEAD. 36 OPEN ENROLLMENTS • Chapters select courses and obtain a facility. • Chapter provides snacks and refreshments. • Chapter welcomes group and introduces instructor. • RMA HQ schedules the course and instructor. • RMA HQ develops marketing material, sends national emails and course catalog. • Chapter markets course to local participants. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 37 OPEN ENROLLMENTS (CONT.) • Chapter Cosponsored Course Selection Form (formerly Tick Tock) is sent to chapter in spring and is due by the end of April each year. • All courses must have a minimum of eight registrants three weeks prior to the course date to avoid cancellation (12 for Analyzing Construction Contractors). • Chapter receives royalties from RMA HQ: starting at $15 per person, increasing to $25 per person (for a 1-day class) if more than 15 people are registered for the course (royalties are paid per day of class). Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 38 THE RISK MANAGEMENT ASSOCIATION Then and Now Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 39 MISSION STATEMENT RMA is a member-driven professional association whose sole purpose is to advance sound risk principles in the financial services industry. RMA helps our members use sound risk principles to improve institutional performance and financial stability and enhance the risk competency of individuals through information, education, peer sharing, and networking. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 40 RMA HISTORY • Founded as the Robert Morris Club in 1914 to facilitate the exchange of credit information. • Became the Robert Morris Associates: – Named for American patriot Robert Morris. Signer of the Declaration of Independence. Principal financier of the Revolutionary War. Organizer of the first national bank, Bank of North America. Helped establish our country's banking system. • In 1916, RMA adopted Code of Ethics, which is now Principles for the Exchange of Commercial Credit Information. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 41 RMA TODAY • 2,500 institutional members: – Banks of all sizes. – Nonbank financial institutions. • 16,000 RMA Associates: – Relationship managers – Credit officers – Risk managers – Other financial services professionals with responsibilities related to the risk management function. • 115 chapters: North America, Asia, Australia, and Europe. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 42 RMA TODAY (CONT.) • Provides premier risk management services: – ERM, credit, market, and operational risk. – Best practices – Education – Publications, including The RMA Journal. – Conferences, forums, and round tables. – Industry data, including eStatement Studies. – Regulatory Compliance – Securities Lending Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 43 RMA’S STRUCTURE • RMA’s board, councils, and committees act as consultants, judges, recruiters, reviewers, and advisors while carrying out RMA’s mission and contributing to the value of RMA membership. • RMA Board of Directors. • Officers. • Seven councils. • 11 committees. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 44 RMA VALUES Caring Integrity Teamwork Excellence Pride • Includes community outreach programs • We deliver on our promises. • Our collaborative climate results in the best products and services for you. • We deliver value to you. • We celebrate our contributions to you. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 45 RMA REGIONS Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 46 RMA MEMBER RELATIONS STAFF Bill Githens Donna Shields Executive Assistant President & CEO Member Relations Lisa McBride Jack Harcourt Director, Chapters & Community Banks Director, Large Banks & International Central Region Laura Ridner, Manager Allison Neff, Admin. Northeast Region Sandy Sutermaster, Manager Priscilla Poole, Admin. Southeast Region Cindee Munro, Manager Priscilla Poole, Admin. Western Region Erin Jester, Manager Allison Neff, Admin. Anna Shuman Admin. Supervisor Debbie Trexler Seminars Coord. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance Central Region Open Northeast Region Bill Truscott, Manager Southeast Region Laurie Foster, Manager Eastern Canada Mike Mango, Manager Western Region & Asia John Baier, Manager Europe Steve Shaw, Manager Stacy ForcinaRead Admin. Supervisor Stacy Forcina-Read, Admin. Spvsr Valerie Gidzinski, Admin. JOIN. ENGAGE. LEAD. 47 PRODUCTS AND SERVICES The Risk Management Association Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 48 RMA PRODUCTS AND SERVICES (CONT.) • eMentor • Diagnostic assessments • Open enrollment courses. • Credit Skills Certificate Series (CSCS). • RMA University Online – LDP and CRE LDP. • In-house training. • Forums/conferences and specialized training. • Credit Risk Certified (CRC). Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 49 eMentor The Risk Management Association Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 50 • Industry reports • Credit considerations • Best practices • Fundamentals exam • Regional data • Case studies • Statement Studies • Templates Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 51 Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 52 The Diagnostic Assessment The Risk Management Association Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 53 DIAGNOSTIC ASSESSMENT • • • • Used to determine training needs within an institution. Online Web-based delivery. Scores: significant, moderate, acceptable. Remediation links through eMentor or through use of OEs and other training methods. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 54 C&I DIAGNOSTIC ASSESSMENT • 160 questions • Suggested minimum of 24 months experience. • Seven major assessment areas: – Financial Accounting – Risk Assessment – Financial Statement Analysis – Cash Flow Analysis – Loan Structuring – Legal and Documentation Issues – Problem Loan Management Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 55 CRE DIAGNOSTIC ASSESSMENT • 60 test questions. • Suggested experience of 18–30 months. • Six major assessment areas: – Types of CRE Loans, Risk Areas, and Performance Drivers. – CRE Underwriting Process. – Financing and Monitoring Different Types of Properties. – Understanding and Evaluating Leases, Appraisals, and Environmental Assessments. – Loan Structure and Documentation Considerations. – Construction Lending. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 56 Certification and Certificates The Risk Management Association Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance CRC CSCS JOIN. ENGAGE. LEAD. 57 CREDIT RISK CERTIFIED (CRC) • Confirm your credit risk management expertise. • Differentiate you from your peers. • Enhance your personal and professional value within the world of credit and lending. • Offered twice per year. • 126 (128 Canadian version) multiple choice questions/5.5 hours. • 45 hours of continuing education every three years. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 58 CREDIT SKILLS CERTIFICATE SERIES (CSCS) • Formal validation of credit and lending skills. • Easy-to-follow program – the courses and levels are clearly outlined. • Demonstrated readiness to assume ever-increasing levels of responsibility. • Enhanced self confidence. • Distinction of being among the best. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 59 CREDIT SKILLS CERTIFICATE SERIES (CSCS) (CONT.) • CSI: Introductory Credit Risk and Lending. • CSII: Intermediate Credit Risk and Lending. • CSIII: Advanced Credit Risk and Lending: – Track One: Advanced Real Estate. – Track Two: Advanced Credit and Lending. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 60 RMA University Online The Risk Management Association Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 61 RMA UNIVERSITY ONLINE • Lending Decision Process – six series of courses (17 total courses). • CRE Lending Decision Process – six series of courses (14 total courses). • Interactive tutorial available at www.rmahq.org (select RMA University Online, then select Lending Decision Process). Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 62 LENDING DECISION PROCESS (LDP) • Series 1: Industry, Management, and Economic Influences. • Series 2: Interpreting Quality of Financial Reports and Accounts. • Series 3: Analyzing the Company's Financial Performance and Condition. • Series 4: The Cash Cycle, Seasonality, and Discovering Borrowing Causes and Repayment Sources. • Series 5: Analyzing Cash Flow Statements to Measure Longterm Repayment Ability. • Series 6: Using Financial Projections to Fine Tune the Credit Analysis. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 63 CRE LENDING DECISION PROCESS (CRE LDP) • Series 1: Types of CRE Loans, Risk Areas, and Performance Drivers. • Series 2: The CRE Underwriting Process. • Series 3: Financing Different Types of Commercial Properties. • Series 4: Understanding and Evaluating Leases, Appraisals, and Environmental Assessments. • Series 5: Loan Structure and Documentation Considerations. • Series 6: Construction Lending. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 64 Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 65 WEB SEMINARS AND AUDIO CONFERENCES • A series of specialized recorded Web seminars. • Operational risk Web seminars. • Risk Management Audio Conference Series. • Regulatory and legislative updates. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 66 Classroom Training The Risk Management Association Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 67 IN-HOUSE TRAINING (IN-BANKS AND PUBLICATION PURCHASES) • Ideal for banks with a need to train approximately 20 people. • RMA instructor sent to the institution. • Can tailor to meet bank’s needs. • Customization also available. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 68 OPEN ENROLLMENTS • Held in various cities across North America. • Scheduled by the chapter based on the needs of the market. • Most classes are one day long; some two-day classes. • Week-long Lending Academy. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 69 FORUMS SPECIALIZED TRAINING • Real Estate Appraisal Managers Forum • Commercial Real Estate lending Forum • Loan Operations Managers Forum • Loan Review Department Managers Forum • Credit Department Managers Forum • Health Care Lending Forum • ERM Forum • Operational Risk Forum Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 70 WORKSHOPS AND OTHER SPECIALIZED TRAINING • Credit Department Managers Workshop • Credit Portfolio Management Workshop • The Risk Management School • Liquidity Risk and Asset Liability Management Seminar • Operational Risk Management Discussion Group Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 71 Risk Disciplines The Risk Management Association Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 72 ENTERPRISE RISK MANAGEMENT (ERM) Enterprise risk management (ERM) is a framework to reduce earnings volatility through a robust risk governance structure and strong risk culture, supported by sound risk management capabilities. It is the organization’s enterprise risk competence—the ability to understand, control, and articulate the nature and level of risks taken in pursuit of business strategies— coupled with accountability for risks taken and activities engaged in, which contributes to increased confidence shown by stakeholders. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 73 ERM EVENTS AND OFFERINGS • The Risk Management School. • ERM Seminars. • ERM forums and round tables. • ERM workbooks: – Risk Appetite – Stress Testing – Governance – More to come Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 74 THE ADVANCED RISK MANAGEMENT PROGRAM AT THE WHARTON SCHOOL • Two-week risk management program offered at the Wharton School (2 one-week sessions). • Focuses on credit, market, operational, business, strategic, and reputation risks. • Designed for risk managers and executives on track for broader assignments. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 75 CREDIT RISK • Annual Risk Management Conference. • Risk Management Audio Conference Series. • Round tables. • Forums. • Web seminars. • Credit Risk Certification. • Credit Skills Certificate Series. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 76 OPERATIONAL RISK OFFERINGS • GCOR – annual Governance, Compliance and Operational Risk Conference (Boston). • OpRisk Forum, held in conjunction with the Annual Conference. • ORMDG – Operational Risk Management Discussion Group (Chicago, San Francisco, Philadelphia, Charlotte). • Advanced Operational Risk Class. • Operational Risk Experience Class. • Detecting and Preventing Fraud in Commercial Lending. • Operational Risk for Regional and Community Bankers. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 77 OPERATIONAL RISK OFFERINGS (CONT.) • Web Seminars – Key Risk indicators: What They Are and Why You Need Them – Operational Risk: An Overview – Practical Approaches to Operational Risk Management for Regional and Community Banks • AMA Group • Operational Risk: computer-based interactive instruction course designed for any individual or small institution interested in an introduction to or an overview of operational risk management. • Industry position papers. • Meetings with Fed, OCC, FDIC, and CFPB. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 78 OPERATIONAL RISK BENCHMARKING • Operational Risk Round Table Series (invitation-only; by bank’s asset size). • Range of practice surveys: – Scenario Analysis Range of Practice. – KRI survey. – Data and Capital Range of Practice. – Fiduciary Risk. • Operational Risk E-Newsletter (for members only). Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 79 REGULATORY COMPLIANCE • With a finger on the pulse of the financial services industry, RMA acts as a liaison between institutions and bank regulatory agencies to bring you the latest updates, meeting often with industry regulators to discuss issues of mutual concern. • As a not-for-profit, professional association, RMA does not lobby on behalf of the industry. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 80 REGULATORY COMPLIANCE (CONT.) • Regulatory Insider. • Regulatory Roundup – eNewsletter. • RMA Capital Working Group. • Response to notices of proposed rulemaking (NPR). • Regular visits with regulatory agencies. Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD. 81 Thank You! The Risk Management Association Enterprise Risk · Credit Risk · Market Risk · Operational Risk · Regulatory Compliance JOIN. ENGAGE. LEAD.