Topics Included:
What is ERM and Where Does It Belong?
Patricia L. Langiotti, National Penn Bancshares, Inc.
Stephen Masterson, Grant Thornton LLP
Does your management and board understand the financial and non-financial risks your institution faces and the extent and limitations of your risk management process? This session will explore what exactly enterprise risk management (ERM) encompasses and where the responsibility falls. Gain an understanding of management’s role versus the board’s role versus the audit committee’s role, and determine if your board needs a separate risk committee.
Maneuvering Your Bank in the Bedlam of a Credit and Liquidity Crisis
Edmond J. Seifried, m.rae resources, inc.
In the muck of the current credit and liquidity crisis, management and directors alike should have a clear understanding of what the situation means for the national economy, the economic health of your state, and the potential impact upon your home institutions. Dr. Edmond Seifried will decipher the dense confusion and reveal the opportunities existing for community banks.
Is Your Bank High Risk?
Jay Brew, m.rae resources, BNK Advisory Group
Does your management and board understand credit and liquidity risk? Given the current environment, it is now more critical than ever for bank management and directors to insulate their institutions against the looming storm of loan losses and a liquidity squeeze. In this session, longtime community banking strategist Jay Brew will help community bank management and directors get a firm handle on their risk profile and make sense of their next move.
BSA and SOX – How Should Your Management and Board React?
D. Keith Cobb, BankAtlantic Bancorp Inc.
Sam Danon, Hutton & William
BSA and Sarbanes-Oxley compliance are major burdens facing financial institutions. This session will review the regulatory landscape and discuss how banks should structure internal compliance programs. Gain updates on the SEC and PCAOB’s plans to help streamline the reporting process and reduce costs for SOX 404, and learn how to develop a strong BSA system to identify and report suspicious transactions.
