| Time |
Title/Description |
Speakers |
| 8:00 AM |
Continental Breakfast, Coffee & Tea |
|
| 8:40 AM |
Chairperson’s Recap and Introduction to Day Two |
|
| 9:00 AM |
A Measure of Success: Tools to Evaluate GRC Program Design and Operation
• Learn how to evaluate the design and operating effectiveness of
governance, risk management, and compliance (GRC) systems.
• Hear about the new procedures and criteria for GRC program
design evaluation and certification .
• Expand your understanding of metrics that can be used to help
GRC systems contribute to business objectives. |
|
| 9:45 AM |
 Keynote:
Bridging the Gap Between Legal and GRC
Too often, corporate legal departments have neglected to take
an active role in governance decisions and oversight, resulting in
avoidable consequences. Mitigating risks and preventing future
compliance issues are both dependent on setting up defensible
governance policies now, before regulations force the issue. Legal
departments must ensure accountability, defensibility and transparency
in a company’s processes, systems, protocols, structures, operations
and controls. The legal scope is growing to fulfill new roles
in the realm of corporate governance. General counsel is ideally
positioned within corporations to lead important decision-making
processes and help companies weather the coming regulatory
storm. Identify how to utilize general counsel to help lead the way
as far as implementing processes and ensuring compliance.
Key points of focus of this session include:
• How legal will overlap but not duplicate work being done by records
information management (RIM) and information technology
(IT) and corporate compliance officers
• How corporate legal departments can influence legislative decision
makers to minimize the negative impacts on my company
and industry
• How to build support across the organization for an expanded
general counsel role
Jose Sierra, Vice President and Chief Compliance Officer,
Sepracor Inc. |
Jose Sierra,
Vice President and Chief Compliance Officer,
Sepracor Inc. |
| 10:30 AM |
Morning Refreshments and Networking |
|
| 10:45 AM |
New This Year!
The Financial Crisis: “What the heck happened & where do we go from here?”
What lessons have we learned from the recent economic crisis that
can help to prepare us for an uncertain future? Learn about strategies
for the new economy, explore the boom and bust of home
prices, and discover how a strong GRC framework can secure your
company from an increasingly fluctuating global economy |
David Nole,
Chief Risk Officer Consumer Risk, Head of Residential
Valuations,
Wachovia |
| 11:30 AM |
TRACK A: Financial GRC
Mastering Financial Governance- Bridging the Gap Between SOX, Internal Audit, and Risk Management Processes
With ever increasing regulations, the maturity of SOX processes,
and the growing need for enhanced risk management
disciplines, enabling a sound financial governance strategy has
become very complex. Most finance departments currently
manage these processes in disparate silos and systems that fail
to provide an integrated view of audit, risk management and
financial control compliance.
The convergence of financial governance disciplines provides
the opportunity to streamline processes, improve risk management,
and create greater transparency and visibility to financial
processes, risks and controls.
• Discuss the basics and best practices of financial governance
• Provide examples of how to improve and converge the efforts
of internal audit, risk management and compliance
• Offer a pragmatic approach to better implement risk management
discipline across your finance business processes |
|
| 11:30 AM |
TRACK B: Legal GRC
How the financial crisis will affect governance for corporate legal departments
We can be absolutely sure that the consequences of the financial
crisis will reach far and wide, in the form of a fresh round
of regulation and oversight that is likely to spill over into many
jurisdictions, with important implications for governance and
corporate legal departments. While legal’s role in governance
is but one facet in a corporation, it is an essential one. It is
likely that the aftershocks of the Wall Street meltdown will have
lasting effects with new rules coming around governance and
transparency. Identify ways in which you and your company’s
legal department can be prepared for the future changes. |
|
| 12:15 PM |
Networking Luncheon |
|
| 1:15 PM |
Practitioners Panel- Establishing GRC Goals and Performance Metrics
• Identify specific metrics for compliance and ethics structures
• Discuss the need to structure certain things in a way that can be measured
• Assess both aspects of measurement
• Effectiveness - Is your company achieving the compliance control that you want to have?
• Performance - Are you doing it in a way that enhances performance, that’s effective, efficient, quickly responsive?
|
|
| 2:00 PM |
TRACK A: Financial GRC New This Year!
The Future of GRC: Behavioral Economics and Financial Literacy
In this session, learn why behavioral economics and financial literacy will be critical benchmarks for earnings volatility and operational risk in the future. |
Jerome Narolewski,
Senior Vice President-Risk Management
First Marblehead corporation |
| 2:00 PM |
TRACK B: Legal GRC New This Year!
The C in GRC: The Framework for an Effective Compliance Program
The complexity of the business and regulatory landscape is increasing
dramatically. Companies are navigating a proliferation of new
regulatory requirements and stakeholder expectations, and are
challenged to do so in a way that supports performance objectives,
sustains value and offers protection. This session will address the best
ways to avoid unnecessary exposure to regulatory risk including:
• Meeting the demands and expectations of investors, legislators,
regulators, customers, employees, analysts, consumers and other
key stakeholders
• Driving value and managing performance expectations for governance,
ethics, risk management and compliance
• Managing crisis and remediation while defending the organization
and its executives / board members against legal enforcement
and the rising impact of fines, penalties and business disruption |
|
| 2:45 PM |
TRACK A: Financial GRC
Building an Effective Whistle-blower Program - “Best mechanism to
surface fraud and wrongdoing”
A whistle-blower function provides an important element in a
more robust enterprise risk management framework:
• Helps set “tone at the top” of the organization
• Effective “detective” control
• Supplements normal information & communications systems
• Mechanism for risk monitoring
The objectives of these programs are to:
• encourage ethical and legal violations to be brought forward for
prompt resolution
• minimize the organization’s exposure to damage
• let employees know the organization is serious about adherence
to codes of conduct |
|
| 2:45 PM |
TRACK B: Legal GRC
Enterprise Issues & Case Management
Enterprise issues surrounding GRC tend to focus primarily on how the company can achieve greater profitability and productivity. This session will address enterprise wide case management issues in clearly defined steps that can be taken including:
• Compliance reporting and automation
• Financial data and controls
• Defining what your enterprise’ specific needs for GRC solution
|
|
| 2:45 PM |
Networking and refreshments |
|
| 3:45 PM |
Evaluating the Results of Your GRC Program
Your company has implemented a robust GRC program, but how
do you really know if it’s designed adequately and operating effectively?
Traditional audit techniques may not provide you with the
full answer to that question. In this presentation, participants will
gain an understanding of the following:
• Determining the scope of a comprehensive GRC audit
• Designing a maturity-based audit approach
• Gathering information on the soft aspects of a GRC program
• Reporting the results to get action |
|
| 4:15PM |
Conference Adjourns |
|
