Risk Policies, Procedures, and Limits
Course Number: ABA
Course Code: ABA
Describes statutory requirements for risk policies, procedures and limits, as well as the governance structure of a bank, criteria to evaluate internal controls, reviewing risk assessment findings and communicating limits. Explains exceptions and practices for developing and maintaining risk policies, as well as the relationship between risk appetite and limits, and between limits and business objectives.
What You’ll Learn
After successfully completing this course, you will be able to:
- Describe the importance of risk policies, procedures, and limits within a bank’s ERM process
- Identify a typical bank’s governance structure and the internal controls used to manage risk and achieve bank objectives
- Describe leading practices for developing risk policies, procedures and limits
- Describe leading practices for enforcing and maintaining risk policies, procedures and limits
Audience: Risk management and control professionals in the first, second or third line functions with primary responsibilities including risk assessment, risk testing, measurement and monitoring, risk reporting, audit, or governance across credit risk, financial and/or non-financial risk categories. Directors, members of senior management, State/Federal bank examiners, external risk consultants or auditors.