How To Establish an Effective Chief Compliance Officer's (CCO) or Chief Risk Officer's (CRO) Function - Organization and Responsibilities
Speaker: Ms. Barbara Bosche
Speaker Designation: IT Audit Consultant
Speaker: Ms. Barbara Bosche
Speaker Designation: IT Audit Consultant
This training will provide valuable knowledge on what companies need to do to establish an "effective" Compliance Office that leads to conceiving, developing and implementing successful GRC programs and provides top level coordinating leadership for governance, risk management and compliance issues across the enterprise.
The regulatory environment created by Sarbanes-Oxley, GLB, HIPAA and countless new regulations make it imperative that organizations, large and small, establish an effective Compliance Office (CO) headed by a C-level Executive in the form of The Chief Compliance Officer (CCO) or, more recently, The Chief Risk Officer (CRO). The Board, the CEO and other line and staff executives need to rely on one single source for meaningful information on the company’s status on risks that can impact Company activities and profitability and compliance to regulatory mandates. They need to rely on one authoritative entity to develop risk management and compliance strategies and spearhead and coordinate Governance, Risk management and Compliance (GRC) programs on an "enterprise-wide" basis.
Selecting an effective CCO/CRO with a broad vision and perspective and with the proper skill set to enable him/her to function in the current 'global' regulatory environment requires that you consider many key factors to ensure the success of the new function. This unique webinar will focus on these key factors. It offers a strategic and top-down view of this important new function and how it can materially assist management in establishing a function with an aggregate view of Governance, Risk Management and Compliance to replace the highly fractionated structure that was typical of previous risk and compliance functions that functioned at mainly the tactical and operational level. By having a top-down functional charter, the new function would facilitate the involvement of the Board and senior management in addressing the most important areas of governance and compliance in the most cost-effective manner to maximize return on investment in governance and compliance with limited resources.
This webinar will provide valuable knowledge on what companies need to do to establish an "effective" Compliance Office that leads to conceiving, developing and implementing successful GRC programs and provides top level coordinating leadership for governance, risk management and compliance issues across the enterprise. It will benefit :-
Ms. Bosche is a graduate from Columbus State University, Columbus Georgia earning a Master’s Degree in Business Administration and a Bachelor’s degree in Accounting. Barbara has over 15 years of professional expertise in auditing, information technology audit, fraud investigations and accounting with numerous companies in the following industry sectors: financial services, healthcare, retail and manufacturing. Ms. Bosche holds three professional designations: Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA) and Certified Fraud Examiner (CFE).