Participants will learn how to recognize strategic risk, its’ impact on functions within an organization and the organization as a whole and for those that are required to review, exam or audit strategic risk management, be introduced to a new revolutionary way to ensure strategic risks are managed well.
Stakeholders, especially financial service regulators are extremely focused on strategic risk management. Rightfully so as this is one of the hardest risk areas to define, to audit, to even understand. This session is designed to clear away the confusion linked to definitions and management of strategic risks. During the hour presentation participants will discover a practical way to understand strategic risk. Then building on that understanding learns techniques on how to monitor report and educate stakeholders on strategic risk management. Because strategic risk decisions impact all other risk areas in an organization, the ability to understand and confirm strength in strategic risk management is imperative for success.
Have you ever wanted to understand more about strategic risk? Do you want to achieve the coveted “Trusted Advisor” role with your management team? Integration of data analytics and GRC provide strong support for gaining an understanding of strategic risks, monitoring aspects of those risks, and reporting to stakeholders. This session is targeted to those who want to leverage data and risk tools to new levels of influence and organizational contribution.
Risk Managers Auditors, Senior Managers, Members of Boards of Directors, Risk Management staff, Audit staff, Quality Control staff and leaders
Years of Experience: 30+ years
Areas of Expertise: Audit and Risk Review
Dan has over 30 years in financial service industry. Beginning his career in 1982 and spending over 25 years within Citibank, he was exposed to national and international banking, primarily focusing in consumer, small business and retirement services. During his last 12 years at Citibank, he was an active leader in the Audit and Risk Review department. His audit and risk career at Citibank culminated when he resided in Miami and Mexico City and was responsible for auditing all $400B consumer banking activities located in Latin America, including the largest bank in Mexico, Banamex.
After leaving Citibank, Dan has held senior audit positions in First Union (Director of Consumer Bank Auditing), USAA, (Chief Auditor), Sterling Financial Services (Chief Auditor) and GE Capital (Director of Professional Practices, Director of Americas Audit and Interim Chief Auditor). For the past three years he has been the Director of Internal Audit at Washington Trust Bank
Dan is active in the IIA and the RMA and is a published contributor to industry practice. Presently Dan holds three certifications and is a strong advocate of progressive risk based audit processes. He is the owner of THECRABBYAUDITOR.com, a site dedicated to auditor personal development and recently published “Dare to be Different: An Auditor’s Personal Guide to Excellence” to wide acceptance throughout the audit community.View all trainings by this speaker