Risk Management: The Branch Manager's Job

Presented by:
Lucy Griffin

Risk Management: It has been a hot issue for over eight years, yet it is still misunderstood and employed improperly at many financial institutions. Two things are for sure, your examiners are looking for it when they start your exam process and you need to have a functioning risk management system in place to succeed in today's environment.

No one can do it all, so priorities must be established with sound methodologies. At the conclusion of each session, you and other attendees from your financial institution will have a firm grasp of the process of risk management. You will learn from the examples how to apply the process to other areas in your financial institution so that you can be sure your program identifies, categorizes and prioritizes the risks you face. This series is designed for this, and for you.

This webinar is the second in a four-part series. The series is designed to help you understand the risks in your financial institution and design or revise your risk management program for optimum performance. It is not necessary to view all four parts to benefit for the series. Each is separated so you can use any or all of the sessions to improve your program.

This second of a four part series will review risk management from the perspective of a branch manager. The compliance officer and auditor have to identify, mitigate and control risks, but who sees these risks everyday, actually dealing with them and doing what you have said needs to be done? The branch manager is concerned with training staff, ensuring that they have a practical understanding of the financial institution's procedures, employing the controls that have been put in place and assisting in the continued updates to recognize new risks. The compliance officer, auditor and branch manager need to work together and to see what happens from each others perspectives. This will lead to a more successful risk management program and all three are encouraged to attend this webinar.

With all of the duties the branch manager is responsible for, this in itself increases the level of risk because it is too easy for something to be missed. This webinar will go into detail understanding how to identify the risks your branch managers have to address, face to face, every day. Identification leads you to an analysis of the severity of the risk and then what has to be done to reduce it to acceptable levels. Then you will learn steps to control these risks and how to monitor your successes.

Risk is normal, risk is good. The more risk you take, the greater the reward. But risk in the banking perspective has to be recognized, addressed, controlled, monitored and kept at acceptable levels. You will be reviewed on how well this is managed. The rules can be subjective so you must be knowledgeable and prepared. This is what these webinars do for you. Each of the four focuses on a separate function, the program overall or based on a job function where each has unique responsibilities. But they are all front-line issues.

Bonus: Each program will be based on the newly updated Compliance Accountability Manager. Handouts from the Compliance Accountability Manager will be used as the starting point for each program. You'll have a few pieces of the Compliance Accountability Manager and some ideas on how to use them.

About the speakers:  Lucy Griffin
Lucy Griffin brings to her clients over twenty-five years of experience working with regulatory agencies and financial institutions. Her extensive work experience with regulatory agencies includes the Federal Home Loan Bank Board, the Board of Governors of the Federal Reserve System, and the Federal Trade Commission. For more than five years, Griffin managed the Compliance Division of the American Bankers Association, managing the Division's activities which included production of compliance resources and programs. Griffin is the editor of Compliance Action and the co-author of the Compliance Accountability Manager. Griffin is also a Senior Advisor with the Paragon Compliance Group, a company dedicated to providing quality compliance training.

Nationally recognized as a leading compliance speaker and trainer, Griffin is on the faculty of ABA's National Compliance School, develops and leads the case study at ABA's National Graduate School of Compliance Management, and is a featured speaker at many national and state compliance conferences and seminars.

Griffin received her B.A. from the University of Michigan, a J. D. from Cornell Law School and is a Certified Regulatory Compliance Manager through the Institute of Certified Bankers and a Certified Risk Professional through the Bank Administration Institute.

• Complete presentation (including slides and audio)
• Written Materials
• Follow-up Q & A

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