Course Agenda

Course Agenda

Best Practices for Risk Reporting

**************************************************
Live virtual course | Below agenda timing is in BST

Respective time in EDT:

Start: 2pm BST / 9am EDT
Break: 3pm BST / 10am EDT
End: 4.15pm BST / 11.15am EDT

**************************************************

14:0015:00

Structuring an effective risk report

14:00 - 15:00

  • Common reporting challenges: Lengthy, verbose, not actionable
  • Examining practical solutions: 3-step process for successful report writing
  • Roles of writer, sponsor, and advocate
  • Comparing examples: What does good look like?
  • Group discussion: Exchange of good practices

15:0015:15

Break

15:00 - 15:15

15:1516:00

Avoiding reporting pitfalls: Presenting a balanced story

15:15 - 16:00

  • Recap: The role of risk department
  • What is usually not reported: emerging risks and external benchmarks
  • Introduction to emerging risks process
  • Guidance on how to define the horizon scanning process
  • Examples and discussion: Emerging risks financial services firms should have on their radar
  • Effective use of external benchmarks

14:0015:00

BCBS 239 and its implications for report writing

14:00 - 15:00

  • BCBS239: Risk aggregation and risk reporting
  • Reviewing key principles
  • Industry progress in implementation
  • Group discussion: Sharing plans and next steps in ensuring compliance

15:0015:15

Break

15:00 - 15:15

15:1516:00

Good corporate governance principles

15:15 - 16:00

  • Reviewing the principles and their impact on reporting
  • Asking the right questions: Committee self-assessment of effectiveness
  • Understanding how the boards function and the ‘why’ of reporting
  • Group discussion: Exchange of good practices 

14:0015:00

Risk appetite and its importance to report writing

14:00 - 15:00

  • Understanding risk appetite
  • Focus on more complex to express: Operational / non-financial risk 
  • Definitions and approach: 3-step process for developing an effective statement
  • Group study: Evaluation of statements expressed by peer firms
  • Recap: Reporting against Risk Appetite as means to successful report writing

15:0015:15

Break

15:00 - 15:15

15:1516:00

Bring your report: Group work

15:15 - 16:00

  • Bring your report: examining examples of reports brought by participants
  • Receive immediate and constructive trainer and group feedback
  • Ask me anything: Q&A with the trainer
  • Group discussion: exchange of good practices 

View agenda in PDF format

Please fill out your details below.