Risk Committee Training

► International Association of Risk and Compliance Professionals (IARCP)

► Member Benefits

► How to Become a Member

► Certified Risk and Compliance Training

► Reading Room

► Certified Risk and Compliance Management Professional

► Certified Information Systems Risk and Compliance Professional

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Training for the Risk Committee of the Board of Directors

The Board of Directors has risk management responsibilities that are defined not only by best practices and guidelines, but also by laws and regulations. The Risk Committee must assist the Boards in assessing the different types of risk to which the organization is exposed.

The Risk Committee is responsible to:

1. Learn about the actual risks and the control deficiencies in the organization.

2. Help the board define the risk appetite of the organization.

3. Exercise oversight of management’s responsibilities, and review the risk profile of the organization to ensure that risk is not higher than the risk appetite determined by the board.

4. Monitor the effectiveness of risk management functions throughout the organization. Ensure that infrastructure, resources and systems are in place for risk management and are adequate to maintain a satisfactory level of risk management discipline.

5. Monitor the independence of risk management functions throughout the organization.

6. Review the strategies, policies, frameworks, models and procedures that lead to the identification, measurement, reporting and mitigation of material risks.

7. Review issues raised by Internal Audit that impact the risk management framework.

8. Ensure that the risk awareness culture is pervasive throughout the organization.

9. Fulfill its statutory, fiduciary and regulatory responsibilities. This is usually the most difficult task.

To learn more: www.risk-committee.com

Training for the Risk Committee of the Board

To learn more: www.risk-committee-training.com

Join the International Association of Risk and Compliance Professionals (IARCP). Membership is Free
www.risk-compliance-association.com/How_to_become_member.htm

Benefits for Members:
www.risk-compliance-association.com/Member_Benefits.htm

Reading Room
www.risk-compliance-association.com/Reading_Room.htm

Certified Risk and Compliance Management Professional (CRCMP)
www.risk-compliance-association.com/Distance_Learning_and_Certification.htm

Certified Information Systems Risk and Compliance Professional (CISRCP)
www.risk-compliance-association.com/CISRCP_Distance_Learning_and_Certification.htm

Privacy and Compliance with the Federal Trade Commission Fair, the California Online Privacy Protection Act, the Children Online Privacy Protection Act, the Privacy Alliance, the Controlling the Assault of Non-Solicited Pornography and Marketing Act
www.risk-compliance-association.com/Privacy.htm

Become a member of the International Association of Risk and Compliance Professionals (IARCP). Membership is Free. You will receive a monthly newsletter with risk and compliance management news, alerts and opportunities. You can register below:

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Distance Learning and Online Certification Programs

The International Association of Potential, New and Sitting Members of the Board of Directors (IAMBD) offers certified courses and certification programs for the members of the risk committee of the board:

The certified courses are:

1. Certified Member of the Board of Directors (CMBD)

To learn more
www.members-of-the-board-association.com/Distance_Learning_and_Certification.htm

2. Certified Member of the Risk Committee of the Board of Directors (CMRBD)

To learn more

www.members-of-the-board-association.com/Distance_Learning_for_the_Risk_Committee_of_the_Board.htm