Many financial scandals and significant operational losses can be traced back to poorly designed or improperly implemented products. Other problems arise from faulty legal and operational processes that lead to improper documentation and other issues. This training program will address risks and corresponding mitigating strategies involved in the new product development process. It will also discuss risk assessment protocol and product monitoring.
It will also discuss how risk officers have played a key role in the product development process, ensuring compliance with the overall process, and making sure subject matter experts are involved at the appropriate times and required approvals are obtained at the end of each phase.
Why Should You Attend:
A rigorous and well-documented process for developing and implementing new products is an essential tool to ascertain that all risks have been properly identified, evaluated and addressed before a product goes to market. This webinar will discuss why the process must include a comprehensive risk assessment and checkpoints to ensure that appropriate stop-or-go decisions are made throughout the product development life cycle.It will also discuss how risk officers have played a key role in the product development process, ensuring compliance with the overall process, and making sure subject matter experts are involved at the appropriate times and required approvals are obtained at the end of each phase.
Areas Covered in the Webinar:
- Product Development Life Cycle
- Policy, Governance and Methodology
- Product Development Process
- Risk Assessment Protocol
- New Product Approval
- New Product Implementation
- Post-Implementation Review
- Product Monitoring
Who Will Benefit:
This webinar will provide valuable information to individuals occupying the following positions in the financial services industry:- Asset Managers
- Broker/Dealers
- Supervisors
- Financial Officers
- Compliance and Risk Officers
- Internal Auditors
- Operational Risk Managers
- Internal and External Auditors
- Board Members
- IT Managers
- General (Legal) Counsel
- Operational Risk Managers
- CFOs (Chief Financial Officers)
- COOs (Chief Operating Officers)
- CROs (Chief Risk Officers)
- CIOs (Chief Information Officers)
- CPAs (Certified Public Accountants)
- CBAs (Chartered Bank Auditors)
- CIAs (Certified Internal Auditors)
- CFEs (Certified Fraud Examiners)
- Regulators who supervise or examine banks or financial institutions
Course Provider
Mario Mosse,
