Corporate Governance for Financial Institutions

This course will provide an introduction to the design and implementation of a best practice corporate governance structure at a depository financial institution. Governance has taken on a higher profile in the past few decades in the wake of a number of corporate scandals and failures. Sarbanes-Oxley, Dodd-Frank, and other legal and regulatory requirements have also raised the standards for entities of all kinds. This course will focus on some of the key governance issues faced by regulated depository financial institutions.

Course Objectives

By the end of the course, the participants will be able to:

• Describe the structures and reporting relationships needed to effectively manage the decision-making process within a bank
• Identify the correct roles, relationships and accountability between the key internal stakeholders in the bank, including the Board of Directors, senior management, and shareholders/ownership
• Describe the appropriate allocation of responsibilities between senior management and the various Committees of the bank to ensure that key risks related to corporate governance are addressed
• Understand the importance of balancing the interests of internal stakeholders with the requirements of external stakeholders (regulators, external auditors, rating agencies, etc.)
• Assess the effectiveness of corporate governance activities within the overall enterprise risk management processes of the bank
• Identify key reputational risk issues faced by banks and other firms

Suggested Prerequisites: None

Program Level:Foundational

Advance Preparation: None

Computers and Financial Calculators: N/A

Recommended CPE Credits: 7