Digital Transformation in Operational Risk and Internal Control

Redefining risk assessment

Operational risk and internal control assessments are usually tactical and focus on processes. However, they don’t access holistic or layered risks, and they struggle to fully mobilize collected data.

As challenges -- including complexities within the IT environment, growing regulations, and resource scarcity -- continue to mount against businesses, you must transform your processes and remain agile to outsmart risk.

Digital transformation provides businesses with the tools to not only mitigate risks but convert them into opportunities.

Join this webinar to learn how.

Key Topics

• Internal controls
• Operational risk
• Controls
• Risks
• Risk management
• Risk assessment
• Digital transformation

Learning Outcomes

• Identify risks to digitize in credit, operations, financial accounting, anti-money laundering (AML), regulatory and compliance, first-line versus second-line of risk defense.
• Recognize how to build a digital team that is inclusive and builds a digital culture.
• Determine how to get the right data and build agile learning modules.
• Apply starting small and scaling up.
• Assess examples of digitized controls on booking and transactional anomalies, fraud mitigation, and lease classifications.
• Recognize the impact on effectiveness and efficiency of risk management.

Who Will Benefit

• Business professionals
• Accounting and finance professionals

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