Menu Close

Compliance Risk Assessment and Management

We are actively monitoring attendance. At random times throughout this session, you will be prompted with a pop-up to confirm that you are still actively participating in the virtual session. You will not see the pop ups if you are in full screen mode or your pop-up blocker is on. In addition, make sure you are disconnected from any VPN as they can also cause interference and that you have a stable internet connection (hard line is always best).

Active attendance monitoring is only required if you will be requesting external CEUs for NASBA or CLE credits. If you only need Compliance Certification Board (CCB)® CEUs, it is not required to participate in active monitoring.

Wednesday Agenda

TimeSession Learning Objectives
9:00am – 10:30am CDTAssessing Internal Controls over ComplianceCaroline McMichen, Strategic Advisor, SAI
• Differentiate between the different types of internal controls
• Differentiate between design and operating effectiveness of internal controls
• Design and develop tests to measure the design and effectiveness of internal controls over compliance
• Differentiate between monitoring and auditing of internal controls
10:30am – 10:45am CDTBreak
10:45am – 12:00pm CDTRisk Response and MitigationGwendolyn Hassan, Compliance Officer/Counsel, In Transition
• Assess whether a response is necessary based on target and actual risk
• Differentiate between preventive and detective controls over compliance
• Design an appropriate response based on the results of a compliance risk assessment
• Implement and follow up on a risk response plan
12:00pm – 1:00pm CDTMid-Conference Break
1:00pm – 2:00pm CDTCompleting the CRM CycleCaroline McMichen, Strategic Advisor, SAI
• Identify the principles of ERM as defined by COSO and their role in the compliance and ethics risk management cycle
• Identify and implement compliance and ethics program elements and actions that help an organization meet those objectives
2:00pm – 2:15pm CDTBreak
2:15pm – 3:15pm CDTFinal ConsiderationsGwendolyn Hassan, Compliance Officer/Counsel, In Transition
• Identify drivers of compliance risk in your organization
• Identify and apply techniques for creating a risk-aware culture
• Apply the concepts covered in this workshop to improve the compliance risk assessment and management processes in your organization


Gwendolyn Hassan
Compliance Officer/Counsel, In Transition

View Bio

Caroline McMichen
Strategic Advisor, SAI

View Bio