Every year, the American Bankers Association hosts their ABA Risk Management Conference, focused on the evolution of risk in the financial industry, and the methods used to help analyze and control them within your institution. This year promises to be no different, with over 30 strategic and practical sessions built into the three day conference to help parse through some of the biggest upcoming changes we are likely to encounter.
Topics for the event range from social media's role in cybercrime, to Key Risk Indicators (KRIs) for vendor relationships, to regulatory changes that impact your operational risk - just to name a few. Merry Piotti, Internal Audit Senior Manager for Wolf & Company, P.C. will be speaking about model risk management:
Risk Assessment and the "Annual Touch" for Model Risk Management: Small Bank
Everything that counts as a model must be carefully validated, or at least reviewed, annually. This session will consider the risk rating of models to set a schedule and level for review, which is involved in the "annual touch", the means to handle the caseload, and the roles of various departments.
The event will be held at the JW Marriott, Indianapolis, IN from March 26-28. The WolfPAC Solutions group will be exhibiting at the event, so don't forget to head over to booth #318 to come ask us any questions you may have, from how you can align your strategic plan with your ERM program, or the benefits of an automated Enterprise Risk Assessment. For a complete agenda, and to register, head over to the ABA Risk Management Forum event page.
If you won't be able to make it to the event but you would still like to get more information about Enterprise Risk Management for your organization, please let us know below!