Enterprise Risk Management: It’s More than Just Compliance! Taking Risk to Create Member Value
Enterprise Risk Management Track Overview
Who’s afraid of risk?
Offered as part of the CU Learning TRAXX program, these six 60- to 90-minute sessions are designed to help your credit union not only weather storms but come out stronger, and to take risks to deliver maximum member value.
This track offers need-to-know programming for CEOs, risk and compliance officers, legal professionals, and professionals across the credit union industry who need to stay up-to-date on all things risk management. Sessions will focus on strategies for navigating uncertain times, protecting data and intellectual property, fraud management and reduction, and more, including just-in-time content to ensure you’re staying ahead of the curve!
During live sessions, attendees will have the opportunity to network with their credit union peers and industry experts on the cutting-edge CU Learning TRAXX digital platform. All registration options include access to live sessions and on-demand access to post-session recordings, so you can learn at your own pace and at a time that’s convenient for you!
While the sessions in this track are designed with a specific audience in mind, credit union professionals of every level and discipline will find them valuable.
Sessions and Details
Consisting of six 60- to 90-minute sessions, the Enterprise Risk Management: It’s More than Just Compliance! Taking Risk to Create Member Value sessions designed to help your credit union not only weather storms, but also take risks to deliver maximum member value.
1. Preparing for Pandemics, Cyberattacks, Black Swans – Business Continuity Planning
Speakers: Scott Alldridge, Tony Sager
Ever-evolving potential threats continually impact credit unions’ business continuity planning. Learn more about the emerging risks that credit unions will need be ready for, including new fraud trends, more employees working remotely, new cyber-attacks, and even civil unrest. This session will leave credit unions ready to monitor and respond to whatever may come.
2. Protecting the Credit Union’s Brand and Other Intellectual Property
Speakers: Melanie Rubocki, Faisal Shah
A brand is who you, as a credit union, are. What happens when someone takes a free ride on the public awareness that your credit union has built by using a similar name or logo? How do you respond when members or others attack your credit union’s brand? And how do you identify the problem? Find out from industry and legal experts what steps your credit union needs to take to protect your brand.
3. Strategies for Contracting in Uncertain Times
Speaker: Kalin Bornemann
Contracts are necessary and key to nailing down the who, what, when, and how much. In this session, learn how to renegotiate existing contracts and consider which factors must be in place before you renegotiate, entering into new ones. Explore how the world of business can respond to ongoing uncertainty in today’s economy and what that means for your existing contracts.
4. Outsmarting the Fraudsters
Speaker: Ken Otsuka
Fraud is an insidious threat to credit unions and their members. The losses from fraud are staggering, with worldwide losses due to cybercrime projected to top $2 trillion. Fraud prevention technology is improving, but the fraudsters always are trying to outsmart these technologies. Learn more about fraud trends and what your credit union can to do manage the risks and reduce fraud losses.
5. Fire, Flood, and Drought in the Northwest: The Risks of Climate Change to Financial Services
Speaker: Hans Helbekkmo
The ominous warnings around climate change are everywhere. We hear it in daily news reports and scientists release frequent findings on what our global society faces if changes aren’t made now. In this session, credit unions will learn firsthand about the potential risks of climate change to financial services from Hans Helbekkmo. Helbekkmo has worked extensively in the field of enterprise risk management and is a partner in the San Fransisco office of McKinsey & Co.
6. Developing your Credit Union’s Risk Appetite to Maximize Impact
Mitigating and taking risk is central to successful credit union operations. In times of crisis, how do you realign operations to identify and mitigate emerging risks, while, at the same time, take risks such as employing the credit union’s capital to meet the needs of struggling members and communities? Learn how enterprise risk management can preserve and protect the credit union’s value AND help members at the same time.
** Access to On-Demand Recordings is reliant on the Pass or Track that your Credit Union has purchased. If you would like access to CU Learning TRAXX On-Demand Recordings please view pricing and registration or reach out to a member of the team.
Upcoming Session Dates & Times
Mark your calendar – dates, times, and information is now available for all sessions in the Enterprise Risk Management Track! If you would like to add a session or sessions to your personal calendar, click here.
|CU Learning TRAXX — Monday, December 9|
|1:00 - 2:30 p.m. PST||Enterprise Risk Management Session 6: Developing your Credit Union's Risk Appetite to Maximize Impact|
Have a scheduling conflict? No worries! You can access recorded sessions anytime.
DID YOU MISS A SESSION? ON-DEMAND RECORDINGS AVAILABLE NOW!
|Enterprise Risk Management — Sessions Now Available On-Demand|
|Recorded From the August 5 Session|
|Preparing for Pandemics, Cyberattacks, Black Swans – Business Continuity Planning||In this session, learn more about the emerging risks that credit unions will need be ready for, including new fraud trends, more employees working remotely, new cyber-attacks, and even civil unrest.||View Now**|
|Recorded From the August 26 Session|
|Protecting the Credit Union’s Brand and Other Intellectual Property||In this session, find out from industry and legal experts what steps your credit union needs to take to protect your brand.||Access Now**|
|Recorded From the September 23 Session|
|Strategies for Contracting in Uncertain Times||In this session, learn how to renegotiate existing contracts and consider which factors must be in place before you renegotiate, entering into new ones.||Access Now**|
|Recorded From the October 13 Session|
|Outsmarting the Fraudsters||In this session learn about Fraud and it's insidious threat to credit unions and their members. The impact is staggering, with worldwide losses due to cybercrime projected to top $2 trillion.||Access Now**|
|Recorded From the November 2 Session|
|Fire, Flood, and Drought in the Northwest: The Risks of Climate Change to Financial Services||In this session, credit unions will learn firsthand about the potential risks of climate change to financial services from Hans Helbekkmo.||Access Now**|
|** Access to On-Demand Recordings is reliant on the Pass or Track that your Credit Union has purchased. If you would like access to CU Learning TRAXX On-Demand Recordings please view pricing and registration or reach out to a member of the team.|
Chief Executive Officer, IP Services
IP Services Chief Executive Officer, Scott Alldridge, has a rich background in building business and provides IP Services with the strategic leadership needed to recruit and deploy a team of highly skilled experts, to maximize company profitability, and deliver specialized Cybersecurity and Managed Services both regionally and nationally. He brings a wealth of knowledge with over 30 years of experience in the Information Technology Business arena and is a founding member and President of the IT Process Institute, an organization that provides IT Standards Research, Prescriptive Guidance, and Benchmarking.
Recently, Alldridge work was cited by the Center for Internet Security CEO in March of 2019 in a testimony to the US Senate on how organizations can implement effective cyber defenses. He is also among a select group that is highly certified on the ITIL (IT Infrastructure Library) processes and standards. Alldridge has been a featured speaker on Cybersecurity and IT Best Practices for many national organizations including SANS (System Admin Network Security), HIMSS (Health Information Management Systems Society), and many other FINTECH organizations and conferences. He received his Bachelor of Science Degree in Business Management from Kensington University.
Associate, Miller Nash Graham & Dunn
Kalin Bornemann is an attorney in the Seattle office and member of our financial institutions team. He advises banks, credit unions, and other financial institutions of all sizes throughout the western United States. Bornemann also assists our clients on federal and state banking matters, including regulatory compliance, operations, vendor contracts, corporate matters, and mergers and acquisitions.
In addition to his financial services practice, Bornemann has a strong relationship with our business team. He regularly advises businesses on operations and significant transactions, including negotiating and drafting complex documents that accompany those matters.
Following a long and successful career as Chief Economist and Chief Policy Officer of the Credit Union National Association (CUNA) in Washington DC, Bill Hampel is now an economic consultant specializing in explaining trends in the economy and financial institutions to business leaders.
Bill served as Interim President/CEO of CUNA from June to September 2014. He was one of the association’s longest-tenured executives, having joined as economist in 1978. He transferred from CUNA’s Madison office in 1997 and was a senior member of CUNA’s advocacy team.
Bill is an expert on the economy and credit union issues and has been regularly interviewed by the media for stories appearing on major national television, radio, and print outlets. He has also testified before Congress about a number of key credit union issues. Bill served as a staff member at Navy Federal Credit Union in Virginia during a one-year sabbatical in 1989, where he studied credit union operations and carried out a variety of consulting projects.
He was on the board of directors for CUNA Credit Union (now Summit Credit Union) from 1991 to 2003, serving as board chair from 1999 to 2001. From 2004 to 2011 he served on the board of the National Cooperative Bank, which supports America’s cooperatives and their members, especially in low-income communities, by providing innovative financial and related services.
Hampel holds a doctorate in economics from Iowa State University. He and his wife Diane live in Tampa Florida.
Partner, McKinsey & Co.
Hans Helbekkmo is a Partner with McKinsey & Co. based in San Francisco. Hans leads McKinsey’s work in enterprise risk management in North America, and has extensive experience advising financial institutions on risk management challenges, including risk arising from credit, market, insurance, climate and operational sources. Hans received a degree in M.Eng., chemical engineering from Cambridge and an MBA from INSEAD. He is fluent in seven languages and a frequent author and speaker on risk topics.
Senior Consultant for Risk & Compliance Solutions, CUNA Mutual Group
Ken Otsuka is a Senior Consultant in the Risk & Compliance Solutions Department at CUNA Mutual Group. In this role, Otsuka assists credit unions in identifying areas of risk associated with various payment services offered to members and recommends appropriate loss controls to mitigate risk.
Otsuka is also responsible for researching and analyzing emerging risks for product development along with developing resource and other training material for credit unions. Otsuka is frequently asked to speak by various organizations on a variety of fraud and compliance topics.
Based in Chicago, Illinois, Otsuka joined Risk Management in 1990 after spending eight years as an auditor at another insurance company.
A graduate of Northern Illinois University, Otsuka earned a Bachelor’s Degree in accounting. He received a Certified Public Accountant (CPA) designation in 1982.
Chief Operations Officer, Rochdale Paragon
For more than 20 years Jeff has been embedded in the financial services industry as a leader within both financial institutions and organizations built to support those institutions. As a senior leader within Rochdale Paragon, Jeff has played a significant role in developing new solutions, acting as a direct consultant for many of our clients, and now overseeing the entirety of the operational function. Jeff’s extensive, real-life knowledge of the challenges we face as financial institution professional blends perfectly with his desire to help others identify, understand and resolve many of the complex issues surrounding strategic, enterprise risk management, and operational risks we all face on a daily basis. Jeff’s passion for the credit union industry, combined with his analytical capabilities, attention to detail, determination to find solutions to today’s complex issues, and ability to communicate effectively with personnel throughout the organization makes him a great extension of your credit union team.
Managing Partner, Perkins Coie
Melanie Rubocki is the Managing Partner and Head of the Corporate group for the Boise Office. With a foundation in finance and entrepreneurial studies from the Wharton School of Business, Rubocki brings a business sensibility and reasonableness to her client relations and any negotiated transaction. She represents business clients through their entire life cycle, from startup formation to exit. Her approach to the client relationship is proactive, rather than reactionary – she endeavors to help clients avoid legal pitfalls and traps for the unwary.
Rubocki represents clients in many industries and regularly advises clients in relation to emerging growth company issues, entity and fund formation, and technology transfer transactions. And, she regularly advises directors and officers on corporate governance and fiduciary duty matters.
Rubocki has led clients in all forms and stages of equity and debt financings and has an active M&A practice, advising both buy and sell side clients on complex mergers, acquisitions and other strategic business joint venture and arrangements. She also handles certain commercial real estate transactions and general business contracts and transactions. Rubocki has also assisted clients considering EB-5 investment opportunities including designation as a USCIS regional center.
Senior Vice President and Chief Evangelist, Center for Internet Security
Sager is a Senior Vice President and Chief Evangelist for CIS® (The Center for Internet Security, Inc.). He leads the development of the CIS Controls™, a worldwide consensus project to find and support technical best practices in cybersecurity. Sager champions of use of CIS Controls and other solutions gleaned from previous cyber-attacks to improve global cyber defense. He also nurtures CIS’ independent worldwide community of volunteers, encouraging them to make their enterprise, and the connected world, a safer place. In November 2018, he added strategy development and outreach for CIS to his responsibilities.
In addition to his duties for CIS, he is an active volunteer in numerous community service activities: the Board of Directors for the Cybercrime Support Network; and a member of the National Academy of Sciences Cyber Resilience Forum; Advisory Boards for several local schools and colleges; and service on numerous national-level study groups and advisory panels.
Sager retired from the National Security Agency (NSA) after 34 years as an Information Assurance professional. He started his career there in the Communications Security (COMSEC) Intern Program, and worked as a mathematical cryptographer and a software vulnerability analyst. In 2001, Sager led the release of NSA security guidance to the public. He also expanded the NSA’s role in the development of open standards for security. Sager’s awards and commendations at NSA include the Presidential Rank Award at the Meritorious Level, twice, and the NSA Exceptional Civilian Service Award. The groups he led at NSA were also widely recognized for technical and mission excellence with awards from numerous industry sources, including the SANS Institute, SC Magazine, and Government Executive Magazine.
Mr. Sager holds a B.A. in Mathematics from Western Maryland College and an M.S. in Computer Science from The Johns Hopkins University.
Faisal Shah is a former partner in the Los Angeles office of the global law firm of Pillsbury Madison & Sutro LLP (now known as Pillsbury Winthrop Shaw Pittman LLP) where he advised clients on commercial and business restructuring matters and disputes including obtaining security interests in intellectual property assets. Subsequent to that, he was Executive Vice President and General Counsel of Richardson Labs Inc. where he established programs for the identification, management and protection of the company’s intellectual property assets in all of its forms, including patents, trade secrets, trademarks and copyright. At Richardson Labs Inc, Mr. Shah handled the eventual acquisition of the company by Rexall Sundown, Inc, a publicly-traded company.
In 1999, Mr. Shah founded MarkMonitor, Inc, an international intellectual property brand protection company. In September 2012, Thomson Reuters acquired MarkMonitor. In 2006, Mr. Shah founded First to File, Inc, a patent document management company that provides comprehensive patent management solutions to companies and law firms worldwide. In February 2013, CPA Global acquired First to File. In 2012, Mr. Shah founded Focus IP, Inc (dba Appdetex), an online brand protection and enforcement company that is also an ICANN-accredited registrar. Appdetex products uncover, monitor and remove infringing mobile apps, counterfeit marketplace listings, unauthorized social media postings, phishing websites and cybersquatting domains, among other things, on behalf of the largest companies in the world.
Mr. Shah is a member of the International Trademark Association’s (INTA) Internet Committee. Mr. Shah holds a B.S. in Business Administration from the University of Colorado/Boulder Leeds School of Business and a J.D. from the University of San Francisco School of Law.
CPE Credit Offering
Northwest Credit Union Association is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
For more information regarding our administrative policies such as a complaint and refund please contact our offices at 800.995.9064 x 220
As our programming develops, and is approved by the National Registry, we will add sessions that qualify for CPE Credits.
Currently we are offering CPE Credits for the following:
- Developing Your Credit Union’s Appetite to Maximize Risk
December 9, 2020
Mitigating and taking risk are central to successful credit union operations. In times of crisis, how do you realign operations to identify and mitigate emerging risks, while, at the same time, take risks such as employing the credit union’s capital to meet the needs of struggling members and communities? Learn how enterprise risk management can preserve and protect the credit union’s value AND help members at the same time.
In this session participants will:
- Learn about the role of risk appetite in managing risk and creating member value
- Identify the value of net worth not only as a cushion against losses, but also as a driver of member value
- Hear from credit union experts on real world implementation of risk appetite as a strategic tool
CPE Credit Offered: One
Field of Study – Management Services – Technical
Delivery Method – Group Live – Online Delivery
Previous work experience and background knowledge is recommended.
Participants must attend the event on the session day, stay for the duration of the session, and engage in event surveys and event polls to qualify.
Pricing & Registration
CU Learning TRAXX are offered with a variety of registration options. While each track is designed with a specific audience in mind, credit union professionals of every level and discipline will find them valuable.
Register now for the full Enterprise Risk Management: It’s More than Just Compliance! Taking Risk to Create Member Value track for access to all six sessions in this track. All registration options include access to the sessions and on-demand access to post-session recordings, so you can learn at your own pace and at a time that’s convenient for you! During live sessions you’ll also have the opportunity to network with credit union peers and interact with industry experts.
Information about additional registration options can be found here, including all access passes, session bundle options, and track bundle options.
|Full Enterprise Risk Management Track|
Access to all six live sessions in the Inform the Future track, along with on-demand access to the post-session recordings!
|Regular Price: $1,099|
Small* Credit Union Price: $989
|Session 1: Preparing for Pandemics, Cyber Attacks, Black Swans- Part One Individual Session||Regular Price: $249||Register Now|
|Session 2: Protecting the Credit Union's Brand & Other Intellectual Property Individual Session||Regular Price: $249||Register Now|
|Session 3: Strategies for Contracting in Uncertain Times Individual Session||Regular Price: $249||Register Now|
|Session 4: Outsmarting the Fraudsters Individual Session||Regular Price: $249||Register Now|
|Session 5: Fire, Flood and Drought in the Northwest: The Risks of Climate Change to Financial Services Individual Session||Regular Price: $249||Register Now|
|Session 6: Developing your Credit Union's Risk Appetite to Maximize Impact Individual Session||Regular Price: $249||Register Now|
|*Small Credit Union = $100 million or less in assets|
Continued education and training of credit union employees helps keep the Credit Union Movement vibrant and competitive.
The Northwest Credit Union Foundation is providing professional development scholarships for credit union professionals interested in attending CU Learning TRAXX sessions. If credit unions need financial support to purchase an All Access Pass or Session Bundles, CEOs can apply for their entire 2020 scholarship award to go toward CU Learning TRAXX. Please reach out to Maija Noll for any questions on scholarship eligibility.
Registrations may be canceled and refunded up to 30 days in advance of a session. Alternately, registrations may be transferred to another user up to one day in advance of the meeting. Please reach out to [email protected] for assistance with canceling or adjusting your registration.