erm

Learning Objectives: Describe the motivations for a firm to adopt an ERM initiative. Explain the role of scenario analysis in the implementation of an ERM program and describe its advantages and disadvantages. Explain the use of scenario analysis in stress testing programs and in capital...

Learning objectives: Describe Enterprise Risk Management (ERM) and compare an ERM program with a traditional silo-based risk management program. Compare the benefits and costs of ERM and describe the motivations for a firm to adopt an ERM initiative. Explain best practices for the governance and...

Concept: These on-line quiz questions are not specifically linked to learning objectives, but are instead based on recent sample questions. The difficulty level is a notch, or two notches, easier than bionicturtle.com's typical question such that the intended difficulty level is nearer to an...

How is the organization structure of an institution which has implemented ERM is different to other organization who have not implemented ERM? I would assume there will be a separate CRO function. Is it possible to get a feel of organization structure chart and reporting hierarchy structures...

Questions: 606.1 In June 2016, the Committee of Sponsoring Organizations of the Treadway Commission (COSO) published a draft update of its Enterprise Risk Management (ERM) Integrated Framework. (The Committee of Sponsoring Organizations of the Treadway Commission (COSO) and World Business...

Hi all, First time poster here. I'll be taking FRM Parts I and II in November, and I intend to start studying today. I'm also one last step away from being a Fellow of the Society of Actuaries (FSA), and so I already have a lot of exposure to risk management (albeit, geared towards a life...

Learning outcomes: Describe enterprise risk management (ERM) and compare and contrast differing definitions of ERM. Compare the benefits and costs of ERM and describe the motivations for a firm to adopt an ERM initiative. Describe the role and responsibilities of a chief risk officer (CRO) and...