Organizing an Effective Chief Risk Officer's Function to Improve GRC

Why Should You Attend:

The global economic debacle in the financial and other circles has made company boards of directors, CEOs, regulatory agencies and risk managers patiently aware that the issues of risk have not been addressed adequately in the past and that organizations of all types – profit and non-profit - have to become more conscious of risk, governance and compliance(GRC) issues.

In order to achieve the goal of better governance, managing risk and compliance, organizations need to restructure or create a properly conceived risk management function that is much stronger than those that existed in the past and with a broader view of risk, governance embodied in a far more powerful charter of responsibilities.

This webinar’s is main purpose is to provide you with guidelines and knowledge to help you structure a sound Chief Risk Officer’s (CRO) function that is preferably at a strategic, C-Level to help organizations to achieve sound risk management, governance and compliance to laws.

This webinar will save you much effort in developing knowledge on how to set up a sound CRO function as the knowledge provided in the webinar is based on experience assisting organizations structure their own CRO function. Your organization should establish some form of a Chief Risk Officer (CRO) function (which some organizations label as Chief Compliance Officer - CCO) in financial circles}. The CRO function can be more encompassing as it extends itself beyond just compliance issues and is in a better position to actively participate in making things happen.

Areas Covered in the Webinar:

• Background – Why the CRO function has become a necessity in organizations of all types and not just in financial circles?
• The Scope of and the nature of the challenge of Risk Management, Governance and Compliance.
• Present deficiencies in the way risk is being addresses and the limitations of current risk functions.
• Benefits of having a well conceived CRO/CCO function.
• Organization Structure for an effective CRO function.
• Illustration of a Responsibilities Charter.
• Background and skill set for the CRO and his/her staff.
• Q and A

Who Will Benefit:

This webinar will provide valuable knowledge to:

• Board of Directors members
• CEOs
• CFOs, Controllers and financial officers
• Current Risk Managers who need to enhance their functional activities
• Members of Regulatory and Compliance Agencies
• CIOs and information technology professionals
• Security Officers or Chief Security Officers
• Chief Compliance Officers (CCOs)
• Operational executives responsible for managing risk in their activities
• Legal counselors
• Head of Human Resources that will be instrumental in developing the charter of responsibilities, setting compensation levels and selecting candidates for the CRO function
• Anyone with interest in or responsible for managing risk, security and compliance in their organizations

Instructor Profile:
Javier Kuong, has over 25 years of management, consulting lecturing and development experience in the Corporate Governance, Compliance, Internal Controls, Risk Management, IT Auditing and Business Continuity fields as an executive, international consultant, lecturer and author of over 40 books and manuals on these topics.

He has held positions as a CIO and Systems manager for industrial companies and as senior consulting manager for a major CPA firm. He is the founder of Management Advisory Services & Publications (MASP) that specializes in governance, risk management, compliance, auditing and internal control. He has authored four books on Sarbanes-Oxley, including a treatise on “Internal Controls and Governance for SMBs” and he is the author of the only book on how to establish and effective chief compliance and risk management office.

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