Risk management: Entering a new phase for financial institutions? Bookmark has been added
Risk management: Entering a new phase for financial institutions?
April 16 | 2 p.m. ET | 18:00 GMT
Host: Edward Hida, partner, Deloitte & Touche LLP
1 Overview CPE credit | Specialized Knowledge
With headwinds in the global economy and geopolitical uncertainty growing, financial services risk management teams face challenges to their traditional approaches. Where are those challenges appearing and how can risk management teams adapt? We’ll discuss:
- Enhancing traditional risk management capabilities to manage a wider range of nonfinancial risks, which have risen to become some of the biggest concerns facing financial institutions.
- Reengineering the risk management function to address efficiency and effectiveness while confronting new risk challenges, such as those in the three lines of defense governance model.
Participants will explore results of Deloitte’s 11th Global Risk Management Survey and insights on ways to address emerging risk management challenges.
Financial organizations face challenges from nonfinancial risks such as cybersecurity, model, third-party, and conduct risk—as well as looming economic dangers—that will require institutions to rethink their traditional risk management approaches.