Creating the Right Enterprise Risk Management (ERM) Program for YOUR Credit Union

Thursday, June 20, 2024, 2:00-3:45pm ET

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Are you creating your first ERM Program for your credit union? Do you want to ensure your current program is complete yet keep it simple? If yes to either question, this webinar is for you! Credit unions must have processes, policies, and procedures in place to assess and manage the risks on their balance sheet.

In this webinar, Creating the Right Enterprise Risk Management (ERM) Program for YOUR Credit Union you’ll learn the fundamental pieces of the ERM puzzle, how they relate to each other, and how to integrate your ERM program into the credit union’s strategic plan. In this educational session, you’ll learn the various components of a strong ERM program and how to put it together using all the parts you already have in your institution. This includes discovering how you can make the process fun to help your team become closer and how to work together better with the common goal of protecting the organization’s assets while fulfilling the credit union’s vision.

Topics Covered

  • ERM general background and key definitions
  • How implementing an ERM program can help financial institutions survive and thrive
  • Identifying the specific building blocks/components of a simple yet complete ERM program
  • The three key areas of ERM:
    • Identifying and assessing risk
    • Mitigating and eliminating risk
    • Monitoring and reporting risk
  • Creating an ERM committee charter and choosing the right ERM committee members
  • Integrating the ERM program into your strategic plan
  • Top risk categories and definitions
  • ERM risk assessment matrix – definitions and example
  • Creating the risk management appetite and tolerance statement – description of process
  • Implementing your ERM program
  • ERM program flowchart

Key Takeaways

  • Increase overall knowledge of ERM and what it means to have an ERM Program
  • Learn the three ongoing phases of ERM
  • Understand how ERM is integrated into the strategic plan
  • Determine the benefits of having an established ERM program


Register Now

$295 Members | $395 Nonmembers
(Additional $50 for USB)
One registration gives your entire team access to the live webinar and on-demand recording until June 20, 2025
Go to the Online Training Center to access the webinar after purchase »

Who Should Attend

  • Chief Credit Officers
  • CFOs
  • Internal Auditors
  • NCCOs, NCRMs, compliance and risk titles

Education Credits

  • NCRMs will recieve 1.5 CEUs for participating in this webinar
  • NCCOs will recieve 1.5 CEUs for participating in this webinar

Presented By

Marcia Malzahn
Marcia Malzahn

President & Founder, Malzahn Strategic