Press
New course on Enterprise Risk Management now available through CUNA Volunteer Achievement Program
MADISON, WI (June 25, 2014) — CUNA has introduced a new course for credit union directors on Enterprise Risk Management (ERM), developed in partnership with The Rochdale Group, Inc. The course, Enterprise Risk Management for Directors, is now available through the CUNA Volunteer Achievement Program at cuna.org/vap.
“We developed this course based on the success of our biannual ERM conference, which continues to attract more and more attendees,” commented Kevin Smith, Director of Learning Events. “As more credit unions discover the growing necessity of an overarching risk management process, we want to make sure that quality content is readily available to volunteers across the movement.”
Available in both print and ebook formats, “Enterprise Risk Management for Directors” introduces credit union volunteers to the concept and scope of ERM as well as directors’ roles in monitoring its ongoing incorporation into operations for the benefit of their credit unions.
Course topics include:
- Introduction to ERM Fundamentals
- ERM Roles and Responsibilities
- Risk Appetite Development
- ERM Governance, Integration and Risk Traps
- Board Liability, Risk Management Regulations and ERM Policy
- ERM and Strategic Planning
- Capital Adequacy, Risk-Based Capital and Risk-Adjusted Return Measures
- Theory into Practice: ERM in Your Credit Union
CUNA Volunteer Achievement Program is a credit union volunteer’s best tool for strengthening their knowledge on a wide range of topics from Investment Essentials to Strategic Leadership. The program’s self-study courses teach the philosophical and financial topics that volunteers need for their decision-making responsibilities – and provides participant recognition along the way.
For more information about the Enterprise Risk Management for Directors course and CUNA Volunteer Achievement Program, visit cuna.org/vap.
About CUNA:
With its network of affiliated state credit union leagues, Credit Union National Association (CUNA) serves America’s credit unions, which are owned by nearly 100 million consumer members. Credit unions are not-for-profit cooperatives providing affordable financial services to people from all walks of life. For more information about CUNA, visit www.cuna.org or follow @CUNA on Twitter. For more information about credit unions, visit www.aSmarterChoice.org and follow @asmarterchoice on Twitter. Visit the CUNA Press Room for a full listing of media mentions, press releases and resources to stay informed on current events within the credit union industry.