Susanna Tisa to Speak at MetricStream Roundtable
Date: November 15, 2011
Time: 12:30 PM – 5:00 PM
Location: New York Marriott East Side, New York, NY
Topic: The Road Ahead for Banks & Financial Institutions – The Governance, Risk, Regulatory and Audit View
Key Note Address – Succeeding at GRC
Time: 1:30PM – 2:00PM
As organizations plan their risk, compliance and audit programs, many will turn to integrated GRC to create an enterprise-wide framework for improving oversight, accountability and efficiency. The key note speaker will draw from extensive consulting and research experience to discuss best practices to follow, pitfalls to avoid, and success metrics to measure when implementing integrated GRC strategies, processes and technology.
Discussion points include
Lessons learnt from successful GRC implementations
Key issues surrounding people, processes and technology in integrated GRC
Proven approaches for measuring the success and ROI of GRC
Pitfalls to avoid when implementing integrated GRC
Dealing with the convergence of business and IT risks
Rethinking Enterprise and Operational Risk
Time: 2:00PM – 3:00PM
Top priorities among the risk professionals in banks include restructuring operational risk infrastructure, adapting to troubling risk trends, monitoring emerging risks, changing the operational risk methodology, and building closer ties with the business. One consistent element running through this list and indeed throughout risk management is the need for more openness and collaboration across the bank. Many believe that eliminating organizational silos and outdated operational risk infrastructure will enable them to become more agile in the face of increasing market volatility, rapid globalization and high complexity.
This panel discussion, will provide a perspective on:
Challenges with the traditional approach to Operational Risk Management
Strategy for building a Next Generation Operational Risk Management framework
Ways to adapt to troubling risk trends
Ways to monitor and manage emerging risks
Building closer ties with the business
The technology infrastructure necessary to support the Next Generation framework for Operational Risk Management
The Dodd-Frank Act and the Emerging Role of Internal Auditors
Time: 3:15 PM – 4:15 PM
The Dodd-Frank Wall Street Reform and Consumer Protection Act, together with the rigorous capital and liquidity standards defined by Basel III, represent the most sweeping expansion of regulations for US financial institutions. These acts will reshape the business of banking and the oversight structure impacting US banks non-US institutions and US based non-financial firms.
Although central elements of the Dodd-Frank Act focus on regulating the financial services sector, the legislation also includes provisions to enhance Internal Audit authority and governance in all public companies . For Internal Audit, this new regulatory environment poses both opportunities and challenges. Corporate auditors who move quickly to adapt to the new regulatory regime will find ample ways to provide added value to their organizations.
The panel discussion will revolve around:
Key areas of impact under the Dodd-Frank Act
The challenges of complying with the Dodd-Frank Act
Implications of the Dodd-Frank Act on Regulatory Oversight
Emerging role of Internal Auditors in the new regulatory environment
Actions to consider in response to the reform
A Next Generation framework for managing Internal Audit and Regulatory Compliance
Breakout and Networking Session – 4:15 PM – 5:00 PM
To Register Click Here
