DBCF Virtual Symposium

10/15/2020

ENTERPRISE RISK MANAGEMENT – KEY TOPICS AND TRENDS

Key Takeaways: Getting the Most from your ERM Program

• ERM is a tool to foster discipline in the risk management program • Institutions want to see the value in their risk management program • The opportunity and the challenge is to align ERM with organizational goals in the context of regulatory expectations

Industry/Business Context

External Factors

Make Risk- Informed Decisions

Identify Risks and Opportunities

Assess and Quantify Impacts

Monitor and Report

ERM Enablers

Methodologies, Data and Tools

Identify

Quantify

Decide

Monitor

ERM Process Steps Integrated into Strategy Setting and Performance Management

Evaluation of Strategic Options Business Planning and Forecasting Strategy and Business Execution

Risk Governance

Risk Appetite

Risk Culture

ERM Pillars

Internal Factors

Expectations, Needs and Constraints

© 2020 Protiviti Inc. An Equal Opportunity Employer M/F/Disability/Veterans. Protiviti is not licensed or registered as a public accounting firm and does not issue opinions on financial statements or offer attestation services. All registered trademarks are the property of their respective owners.

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PROTIVITI RESOURCES

The following Protiviti resources support the key topics included in today’s presentation:

#

Resource Title

Topic

Link

Risk Culture

Link to Document

1

Establishing and Nurturing an Effective Risk Culture

General Information

Link to Document

2

Time to Take a Fresh Look at ERM

General Information

Link to Document

3

So, You’ve Implemented ERM? Take Another Look

Board and Stakeholder Reporting

Link to Document

4

Improving Board Risk Reporting

Enterprise Resilience

Link to Document

5

Getting There Eventually: Finding Equilibrium in Uncertain Times (Part 1 – Build on Your Strengths)

Risk Culture

Link to Document

6

Revamping Risk Culture in the Digital Age

Enterprise Resilience

Link to Document

7

Getting There Eventually: Finding Equilibrium in Uncertain Times (Part 2 – Resilience Is the North Star)

Enterprise Resilience

Link to Document

8

A Guide to Busines Continuity Management – Top 15 Frequently Asked Questions

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12 © 2020 Protiviti Inc. An Equal Opportunity Employer M/F/Disability/Veterans. Protiviti is not licensed or registered as a public accounting firm and does not issue opinions on financial statements or offer attestation services. All registered trademarks are the property of their respective owners.

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