Program Description:
This course is an introduction to approaching the identification of risk in a bank. Students will cover the evolution and nature of risk in banking, the elements of effective risk management and the different perspectives of bankers and regulators, the regulatory designations of risk, the risk that is inherent within the information technologies found in banks, risk-based supervision,
and rating bank management's risk management capabilities.
After successfully completing this course, the student will be able to:
- Identify risk and the ways risk affects the banking industry.
- State how risk has evolved in the financial industry
- Identify systemic and firm-specific risk, and internal and external risk
- Describe the four steps of the risk management process.
- Describe the four elements of effective risk management.
- State the differences between the banker and regulator's perspective of risk management.
- Identify risk categories, and identify the type of internal and external factors that might affect each risk category.
- State whether factors affecting a risk category could increase the risk for that category.
- Explain the increasing and critical dependence financial institutions place upon technology and the risk associated with this dependence.
- Explain information technology risk elements and how they affect safety and soundness risk categories.
- Describe the processes used in risk-based supervision.
- State the process for developing the risk profile and risk assessment.
- Describe the risk-focused examination process.
- Describe the process of rating risk management capabilities of bank management
- Describe the Federal Reserve's rating definitions and the criteria examiners use in assigning the rating
Who Should Attend:
Bank personnel who are responsible for assessing risk within the bank.
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