Integrated assurance management – how should the 3 lines of defense interact together

Summary

Today institutions are facing a multitude of business and operational challenges, driven by complex regulation, technological change, new era of competition, changing customer demand and behaviors as well as cost pressures.
The current risk, control and assurance landscape (e.g. Legal, Internal Control/SOX, Risk Management, Compliance, Internal Audit) within many organizations is the result of organic growth rather than systematic and structured entrepreneurial planning. In this event, we will we will share and discuss current best practices on how to improve collaboration and alignment between the different risk, control and assurance functions in order to improve effectiveness of the overall framework, clarify roles and responsibilities but also how to eliminate redundancies to reduce overall costs of risk and control.

Presenters

Klaus Morscher: Credit Suisse, Non-Financial Risk Management – Global Practices
Oliver Huegli: Swiss Life, Group Chief Compliance Officer
Patricio Verdieri: ZIG, Head Enterprise Risk Management
Todd Cheney: UBS, Managing Director Conduct Risk

Moderator André Kohler: EY, Head Financial Services Risk Management

Chapter Event

In our chapter events – access for members only – we present one or more speakers to share knowledge, updates and best practises on a specific risk topic. In small groups of risk professionals you can exchange thoughts and test ideas. More on SRA chapters. This event is hosted by the chapter Operational Risk.