Speakers: Brad Smith, Managing Director, Cornerstone Advisors, Vincent Hui, Senior Director, Cornerstone Advisors

Designed for senior leaders who manage risk, CUES School of Enterprise Risk Management focuses on elevating risk management’s role in creating value for members and the credit union.

As stand-alone function, enterprise risk management is often viewed as a necessary evil and an impediment to member experience and efficiency. High performing organizations are those which integrate risk management into the credit union’s overall strategy, culture, and processes.

The school will examine risk elements in each function and line of business of the credit union, and identify key risk metrics that should be part of any balanced scorecard or dashboard. Attendees will learn how to:

  • Optimize risk management in key processes like product development, process design and project management
  • Improve and inform strategic planning and capital management using ERM
  • Provide alternative approaches to regulatory and control requirements without stifling member experience and innovation
  • Combine risk, finance and planning to drive more robust business and capital plans, and improve financial performance, even the face of risk-based capital