Description
Describes board of director’s self-assessment, role in establishing a risk strategy, setting the tone for an effective risk culture, and process for establishing, documenting and maintaining the risk appetite. Explains the elements of a board committee charter, and covers guidelines and principles to keep in mind for reporting key risks.
What You’ll Learn
After successfully completing this course, you will be able to:
- Describe the roles of the board and senior management in oversight of the risk management program
- Identify the key elements of a bank’s risk framework
- Describe how an effective organization governance structure supports oversight
- Explain the elements of relevant, timely and accurate reporting to the board and senior management
