Skip to main content

Risks You Should Know in Banking,Moral Hazard Courses

In an effort to bring clarity to areas that are not often discussed as "risks" we will explore Moral Hazard and Conduct risk. There are regulatory opinions on these topics, and as we all know, there are many examples of weaknesses in these areas. This webinar will explore what an organization can do to strengthen controls in this area. 
While not eliminating all morality issues, as that cannot happen, we will discuss steps that can mitigate egregious errors and limit potential losses. That way, when management states that "we only hire good people" and want to use that as a control, they may actually be able to do just that.
New product development may be a driving force for market share for your institution. It is great to be innovative and cutting edge. However, with rapid growth and constant change or introduction of new products to the market place we may forget about the risks associated with that activity. 
This webinar highlights what those risks are, how we may be able to mitigate them and how to communicate to the Board of Directors that our processes properly consider the risk and reward associated with product development.


This webinar touches upon 3 risk areas that tend to remain hidden from management. Conduct risk has seen a revival of concern because of several high profile failure of moral character in the financials services industry, where conduct is highly scrutinized. So while appropriate to Financial Services, this webinar applies to all business that are concerned of about setting the right example for employees with regard to conduct and behavior.
Along with conduct risk is the attention given to moral hazard. While hard to define, there are practices that can easily be discovered and rectified so as to protect a company's reputation and ensure a clients well being.
Finally, a simple but often overlooked risk, New Product Development, is one that can contribute to significant operational losses, customer ill will and bring on criticism from regulators. If you are heavy into new product development as a means to gain market share or simply don’t develop new products very often but are about to embark on several new products then this webinar is for you.

Speaker Profile

Daniel A Clark has over 30 years experience in the financial industry. 19 of that in Risk Management and Internal Audit where he established risk based internal audit processes. He is an active speaker and contributor to industry conferences, publications and think tanks. His book, Dare to Be Different, An Auditors Personal guide to Excellence has been well received in the industry.

Dan has been a CAE for international banks, regional banks and was Director of Operations for Internal Audit at GE Capital. He now is providing Audit and Risk Advisory Services to various sectors of the market place.
More : Traininng.com

Comments

Post a Comment

Popular posts from this blog

Fashion industry ‘waking up’ to benefits of blockchain technology, robotics

Blockchain and robotics are becoming increasingly popular in the global fashion industry as brands look to increase transparency and improve efficiencies, according to GlobalData. While it is still in its infancy, blockchain technology has the potential to transform the global supply chain, says Michelle Russell, apparel correspondent at GlobalData. She says that during the last few years, the adoption of blockchain technology amongst apparel and textile companies has grown substantially as the pressure to have more visibility in the supply chain ramps up. “Its uses are varied as companies use the ledger to address problems in unethical behaviour, excess waste, the origin of goods, and counterfeiting.” German start-up Retraced recently launched a blockchain-based transparency solution that it is trialling with a number of fashion brands. Other examples include OpenSC which received US$4 million in seed funding for its platform that aims to build transparency around commodities know...
Post a Comment
Read more

Introducing The Simple Way To IDENTITY ISSUES In BANKING

Identity theft is one of the foremost issues for the banking industry. It goes without saying, from an observation of any of the patterns that the fraudsters use for theft, that they are smart. They devise innovative ways to circumvent the system. For example, they don’t use their real name, address or social security numbers when logging in. They could also use stolen or vicarious identities, making investigation a lot harder to carry out. The ways of understanding these complexities will be the topic of a 60-minute webinar from Traininng.com, a leading provider of professional training for all the areas of regulatory compliance. At this valuable session, the expert, Jim George, an independent consultant to banks who focuses on issues of fraud, will be introducing the simple way to identity issues in banking. Please register for this session by visiting ---------------------------------------------------------------------------------------------------------------- Identifying th...
Post a Comment
Read more

Creating Awareness About Marijuana in the Workplace - 2020

The impact of marijuana use on the workplace is skyrocketing. State after state legalizes its use, not just for medicinal purposes, but for recreational ones too. At the same time, the Feds haven't legalized any of its use. The two most common questions employers have are: Our company does drug screenings, and an employee has provided a medical marijuana card. How do we handle that? Our state allows recreational marijuana. What does this mean if we have a drug-free workplace policy? The answers to these questions involve numerous factors, including but not limited to the following. The state they are in Why somebody is using it (medicinally or recreationally) How recently they used it The safety aspects of their job The company's policy on marijuana use In this training, Don will summarize the challenges faced by employers in managing employee marijuana use, explain the law addressing this subject, describe relevant marijuana testing devices, and analyze rece...
Post a Comment
Read more