Enterprise Risk Management with Elliott Davis
Join VACB & Elliott Davis for our annual Risk Management Seminar.
Program link will be sent a few days before the session.
Event Details
Join VACB and the experts at Elliott Davis for our annual Risk Management Seminar offered online May 9th and will offer 5 hours of CPE credit.
This Year's Topics will include:
AI Powered Audit: Efficiency, Risks, and Precautions
Unlock the potential of AI and related tools for internal audit and risk management teams, boosting effectiveness and efficiency. Learn to navigate risks associated with emerging technologies and implement precautions to avoid pitfalls.
Liquidity Then and Now
In this session we will share our observations on liquidity across community banking landscape, one year out from the bank failures of March 2023.
A Bridge Over Troubled Credit Water
Is your loan portfolio “Safe and Sound” or heading towards troubled waters? In this session we will discuss a series of credit observations including loan portfolio stress testing, recent regulatory guidance related to commercial real estate, asset quality trends, and problem loan management.
How to Validate & Optimize Your AML Model
In the ever-evolving landscape of financial regulations, the effective implementation of Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) measures is paramount. This presentation offers a comprehensive exploration of BSA/AML model validation and optimization, equipping financial institutions with the tools and strategies needed to enhance compliance and mitigate risks.
The Ever Present Topic: Fraud
In this presentation we will discuss fraud and how it impacts financial institutions. Additionally, we will discuss fraud trends and emerging issues, as well as typical controls utilized to mitigate fraud risk.
Federal Reserve Bank of Richmond Regulatory Update - John Blum & Angelo Parker
Our final session will provide an overview of hot topics, areas of concern and bright spots that regulators are seeing in our community banks. There will also be an opportunity to ask questions of our guest presenters.
For More Information:
Learning Objectives
After attending, participants will be able to:
- Determine use cases for AI in their risk departments
- Determine potential liquidity and credit red flags in their institutions
- Optimize their AML model
- Update their fraud program for emerging fraud risks
Identify potential regulatory concerns
Get the full program brochure HERE.