Directors' College Program
New York Region
Directors' College Program
2021 Breakout Module Summaries
Theme: Ongoing Risk Identification and Monitoring
Risk Identification and Assessment
This module will discuss the essential ongoing processes necessary to effectively identify and assess risks within the institution. The presentation will use examples to apply these concepts to analyze funding, strategic, compliance, and Fair Lending risks. Additionally, the module will discuss how the Board’s risk appetite can influence the risk identification and assessment processes.
Are We Effectively Identifying and Monitoring Cybersecurity Risks?
This module will discuss cybersecurity risks, and the processes and strategies that can be implemented to effectively identify, mitigate, and monitor the risks. The presentation will also provide participants with key questions that Board members should ask to develop a better understanding of their institution-specific cybersecurity risk.
Conversation with the Regulators
This session will provide an informal setting for participants to hear what is on regulators’ minds and to share experience and insights as a community bank board member. Members of the FDIC regional management team will highlight emerging issues, answer participant questions, and discuss topics raised by participants. The session structure will include prepared remarks, as well as an open forum for questions and discussion.
Economic Update
This session will provide national and local economic data to assist attendees in identifying key trends that have impacted and may continue to impact the industry.
Guidance for New Directors
This session will focus on fundamental board governance issues and is designed for Directors with less than five years’ experience. In addition to discussing participant questions, the session will cover Directors’ roles and responsibilities, the examination process, and effective strategies to monitor bank performance.