Course

Course Summary
Credit Type:
Course
ACE ID:
CUNA-0059
Organization:
Credit Union National Association (CUNA)
Location:
Classroom-based
Length:
1 week (18 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 2 foundations of risk management
Description

Objective:

The course objective is to deliver best-in-class enterprise risk management (ERM) solutions for credit unions, including how to use strategically focused tools and results-driving processes.

Learning Outcomes:

  • earn the CUERME (Credit Union Enterprise Risk Management Expert) designation and be recognized as the professional your credit union turns to for risk management expertise
  • facilitate risk identification and assessment sessions
  • assess your risk exposure through quantitative and qualitative analysis
  • leverage ERM to drive real business results
  • incorporate ERM into your strategic planning

General Topics:

  • Understanding ERM
  • Risk management fundamentals
  • Risk identification, scenario development and assessment
  • ERM regulatory environment
  • ERM roles and responsibilities
  • Risk appetite
  • Legal liability and policy issues
  • Economic capital and capital adequacy
  • Risk management traps
  • ERM reporting and analysis
  • ERM and strategic planning
  • ERM integration with other risk functions
  • Risk centric planning
  • Psychology of risk
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Classroom Exercise
  • Discussion
  • Lectures
  • Practical Exercises

Methods of Assessment:

  • Examinations

Minimum Passing Score:

70%
Supplemental Materials