Course Description:

 This online training will highlight the evolution of EnterpriseRisk Management and the importance of ERM in meeting board fiduciary responsibilities. It will also discuss the rationale and mechanisms for ensuring effective risk management through the board.

 Course Description:

 EnterpriseRisk Management(ERM) is increasingly recognized as an important element of managing risk in a manner that optimizes value for the overall organization.This webinar will emphasize the principles of ERM and will distinguish ERM from the more general concept of “risk management”.  It will also address the role of the board in risk management in general and Enterprise Risk Management in particular. This 90 minute session will provide the attendees information on how the ERM has evolved and what are the associated responsibilities and mechanisms for effectiverisk management through the board.

At the end of the session, instructor will handle participant’s specific questions related to the topic. This webinar will cover the following topics relating to ERM:

 The role of effectiverisk management in maximizing organizational value

• Challenges for and shortcomings of traditional risk management
• The role of ERM in filling the gap in effective risk management
• Principles for implementing effective risk management
• The role of the board in monitoring institutional risk through ERM
• The role of the board in oversight of ERM processes