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Enterprise Risk Management Advanced Professional
Development Program
October 31 - November 4, 2016 • Ronald Reagan Building and International Trade Center •
Washington, DC
FREQUENTLY ASKED QUESTIONS
Can you provide more detailed explanation regarding what is the Enterprise Risk Management
Advanced Professional Development Certificate and what is the significance or benefit of the
certificate?
Ans: Upon successful completion of the 5-day Enterprise Risk Management Advanced Professional
Development program, each attendee will receive a “Certificate of Completion” jointly issued from the
ABA and the Smith School of Business. The true intention of this Certificate is to (1) validate your
involvement throughout the program and (2) demonstrate your continued education/training across
each of the risk categories. This is very similar to the ABA’s Certificate of Completion received from our
other programs, such as the National Compliance Schools or the Wharton Leadership Certificate from
Stonier.
Are there any current certification programs for ERM that would be similar to the CRCM certification?
Ans: ABA is currently evaluating and beginning the initial process to design a Risk Management
designation/certification (similar to the CRCM) and it is unclear at this time when it will be finished.
However, while we complete this process, the ABA is planning to leverage the 5-day Enterprise Risk
Management Advanced Professional Development program as one of the core training products to assist
individuals in preparation for that exam.
For those who cannot attend this October, what are the future plans for this offering? Will it only be
once a year or twice a year?
Ans: There are definitely plans to offer this program in 2017, however those dates have not been
finalized between UM and ABA at this point. Once they are, we will be sure to immediately publish it on
the ABA website/calendar.
Will this program be assistive in actually establishing an ERM program with examples of key metrics
and key risk indicators or is it just the basic things that one has to monitor as part of an ERM program?
The first day, the program will provide guidance for putting into place a strong governance structure
surrounding the enterprise risk management process (see Module 2 - Risk Governance). Learning
objectives include:
o Establish the expectations for risk governance across the organization.
o Learn why establishing a risk appetite statement is important and what goes into putting it
together.
o Articulate roles and responsibilities among the business, risk management and audit
organizations in the context of the ‘three lines of defense” framework.
o Understand the importance of establishing compensation programs that align incentives to
balancing risk and return.
Then it will establish the foundations for key metrics within Module 3 – “Enterprise Performance
Measurement & Monitoring”. These learning objectives include:
o Describe the desirable characteristics of key metrics that can be used in expressing risk at an
enterprise level.
o Explain what value-at-risk is and how it can be used to quantify risk tolerance.
o Understand the importance of establishing a risk data warehouse.
o Lay the foundation for a robust risk monitoring and reporting framework that provides the right
information to the right party at the right time.
Throughout the remainder of the program, several of the individual risk category modules (Credit risk,
Market, Liquidity, etc.) will provide examples of KRIs and other key metrics of interest.
Attendees are also encouraged to have these types of discussions with peers throughout the week and
leverage as an additional source for examples.
What is the learning format – is it a classroom setting with lecture, Q&A, etc.?
Ans: It is a classroom setting with lectures, Q&A, case studies, breakout sessions/group work and
discussions.
Will Continuing Education Credits (CPE) be awarded for attending this program?
Ans: The program is currently being reviewed for CPE credits. CPE credit information will be posted on
aba.com/ERMP when available.
How Can You Secure Hotel Accommodations?
Attendees will be responsible for making their hotel reservations for their stay during the program.
There are many hotels in proximity to the Ronald Reagan Building from which to choose and also within
the greater Washington, D.C. metro area. In addition, attendees can access the Ronald Reagan Building
via the Federal Triangle Metro Station (orange/blue/silver lines) which is connected to the building by
covered passageway. The Metro Center Metro Station (red line) is located just two blocks away.
Ronald Reagan Building and International Trade Center
1300 Pennsylvania Avenue NW,
Washington, DC 20004
(202) 312-1300
To access hotels in the area, please click on the following link: https://www.tripadvisor.com/HotelsNear-
g28970-d615507 The_Ronald_Reagan_Building_and_International_Trade_Center
Washington_DC_District_of_Columbia.html
Please visit our website and be sure to review the full course descriptions which provides additional
detail around each of the modules.
For additional questions, please contact Sheryl Brannon (sbrannon@aba.com)

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ERM Program FAQs

  • 1. Enterprise Risk Management Advanced Professional Development Program October 31 - November 4, 2016 • Ronald Reagan Building and International Trade Center • Washington, DC FREQUENTLY ASKED QUESTIONS Can you provide more detailed explanation regarding what is the Enterprise Risk Management Advanced Professional Development Certificate and what is the significance or benefit of the certificate? Ans: Upon successful completion of the 5-day Enterprise Risk Management Advanced Professional Development program, each attendee will receive a “Certificate of Completion” jointly issued from the ABA and the Smith School of Business. The true intention of this Certificate is to (1) validate your involvement throughout the program and (2) demonstrate your continued education/training across each of the risk categories. This is very similar to the ABA’s Certificate of Completion received from our other programs, such as the National Compliance Schools or the Wharton Leadership Certificate from Stonier. Are there any current certification programs for ERM that would be similar to the CRCM certification? Ans: ABA is currently evaluating and beginning the initial process to design a Risk Management designation/certification (similar to the CRCM) and it is unclear at this time when it will be finished. However, while we complete this process, the ABA is planning to leverage the 5-day Enterprise Risk Management Advanced Professional Development program as one of the core training products to assist individuals in preparation for that exam. For those who cannot attend this October, what are the future plans for this offering? Will it only be once a year or twice a year? Ans: There are definitely plans to offer this program in 2017, however those dates have not been finalized between UM and ABA at this point. Once they are, we will be sure to immediately publish it on the ABA website/calendar.
  • 2. Will this program be assistive in actually establishing an ERM program with examples of key metrics and key risk indicators or is it just the basic things that one has to monitor as part of an ERM program? The first day, the program will provide guidance for putting into place a strong governance structure surrounding the enterprise risk management process (see Module 2 - Risk Governance). Learning objectives include: o Establish the expectations for risk governance across the organization. o Learn why establishing a risk appetite statement is important and what goes into putting it together. o Articulate roles and responsibilities among the business, risk management and audit organizations in the context of the ‘three lines of defense” framework. o Understand the importance of establishing compensation programs that align incentives to balancing risk and return. Then it will establish the foundations for key metrics within Module 3 – “Enterprise Performance Measurement & Monitoring”. These learning objectives include: o Describe the desirable characteristics of key metrics that can be used in expressing risk at an enterprise level. o Explain what value-at-risk is and how it can be used to quantify risk tolerance. o Understand the importance of establishing a risk data warehouse. o Lay the foundation for a robust risk monitoring and reporting framework that provides the right information to the right party at the right time. Throughout the remainder of the program, several of the individual risk category modules (Credit risk, Market, Liquidity, etc.) will provide examples of KRIs and other key metrics of interest. Attendees are also encouraged to have these types of discussions with peers throughout the week and leverage as an additional source for examples. What is the learning format – is it a classroom setting with lecture, Q&A, etc.? Ans: It is a classroom setting with lectures, Q&A, case studies, breakout sessions/group work and discussions. Will Continuing Education Credits (CPE) be awarded for attending this program? Ans: The program is currently being reviewed for CPE credits. CPE credit information will be posted on aba.com/ERMP when available.
  • 3. How Can You Secure Hotel Accommodations? Attendees will be responsible for making their hotel reservations for their stay during the program. There are many hotels in proximity to the Ronald Reagan Building from which to choose and also within the greater Washington, D.C. metro area. In addition, attendees can access the Ronald Reagan Building via the Federal Triangle Metro Station (orange/blue/silver lines) which is connected to the building by covered passageway. The Metro Center Metro Station (red line) is located just two blocks away. Ronald Reagan Building and International Trade Center 1300 Pennsylvania Avenue NW, Washington, DC 20004 (202) 312-1300 To access hotels in the area, please click on the following link: https://www.tripadvisor.com/HotelsNear- g28970-d615507 The_Ronald_Reagan_Building_and_International_Trade_Center Washington_DC_District_of_Columbia.html Please visit our website and be sure to review the full course descriptions which provides additional detail around each of the modules. For additional questions, please contact Sheryl Brannon (sbrannon@aba.com)