This webinar will explain various approaches available for assessing risk in a company’s business portfolio. Attendees will learn best practices for conducting risk assessment to evaluate compliance risks, rate them, and prioritize them accordingly. Learn how to implement mitigation measures to reduce any adverse impact.
This webinar will examine many of the common risk exposures that companies face, outline various approaches for identifying risks and assessing likelihood for occurrence as well as provide some options on how a company can best implement recommendations into action.
Why Should You Attend:
Businesses face ever increasing compliance requirements from government regulatory agencies as well as public and peer pressure to meet legal and ethical requirements. With the multiplicity of these regulatory, legal and ethical challenges, companies are hard pressed to navigate their way without incurring significant liabilities. A properly conducted risk assessment can reveal many of these challenges and provide recommendations for minimizing exposure. A risk assessment can help managers to better understand and organize the numerous risks and develop a risk management plan that can be implemented to reduce exposure and potential harms.This webinar will examine many of the common risk exposures that companies face, outline various approaches for identifying risks and assessing likelihood for occurrence as well as provide some options on how a company can best implement recommendations into action.
Learning Objectives:
At the conclusion of this webinar, attendees will learn:- How to perform an enterprise-wide compliance risk assessment to evaluate compliance risks, rate them, and prioritize them accordingly.
- How to identify and develop controls to mitigate the risks within the business.
- Best practices to regulate and conduct risk assessment through well-designed and executed controls.
- How a compliance risk assessment helps to measure risk.
- How regular monitoring and auditing of risks is important to effective implementation of risk management and mitigation.
- Some of the common risks facing businesses in the regulatory, legal and ethical environment.
- Various approaches available for assessing risk in a company’s business portfolio.
- Who should be involved in conducting and developing a risk assessment?
Areas Covered in the Webinar:
- Importance of risk management
- Common areas of risk facing many companies
- Types of risk assessments
- Who should be involved in risk assessment
- Considering the risk assessment report
- Turning recommendations into action
Who Will Benefit:
- Business Managers
- Risk Management Professionals
- Compliance Professionals
- Corporate Counsel
- Regulatory Compliance Associates and Managers
Course Provider
Kenneth Barden,
