effective-cco-cro-function virtual, sheridan

OVERVIEW
This training will provide valuable knowledge on what companies need to do to establish an “effective” Compliance Office that leads to conceiving, developing and implementing successful GRC programs and provides top level coordinating leadership for governance, risk management and compliance issues across the enterprise.

WHY SHOULD YOU ATTEND?
The regulatory environment created by Sarbanes-Oxley, GLB, HIPAA, and countless new regulations makes it imperative that organizations, large and small, establish an effective Compliance Office (CO) headed by a C-level Executive in the form of The Chief Compliance Officer (CCO) or, more recently, The Chief Risk Officer (CRO).
Selecting an effective CCO/CRO with a broad vision and perspective and with the proper skill set to enable him/her to function in the current ‘global’ regulatory environment requires that you consider many key factors to ensure the success of the new function.

LEARNING OBJECTIVES
Discuss essential skill sets for both the CCO and CRO.
Assist companies in establishing the Compliance and/or Risk functions for effective governance.
Key factors will be assessed that will contribute to a successful transition of these two roles in organizations.
Review the roles and responsibilities for the CCO and CRO.
Evaluate Charters for each role in addition to possible content.
Brief discussion on lessons learned and mistakes to avoid.

AREAS COVERED
Why Do You Need a Chief Compliance Officer or a Chief Risk Officer (CRO)? – Key Drivers
What is the Nature of the CCO/CRO Function? Traditional vs. Modern View of These Functions
What are the Key Functions of a CCO and a CRO? Some differences in the Charter for these two functions
To Whom Should the CCO/CRO Report? – Organizational Structure Options
What Is the Compensation for the CCO?

WHO WILL BENEFIT?
CEOs, Board members, and Audit or Corporate Governance Committee Members
CFOs, Controllers, and Accounting professionals
CIOs, CTOs, and IT professionals
Chief Compliance Officers (CCOs), Chief Risk Officers (CROs)
Legal Counsel, Human Resources and Public Relations
Internal and external Auditors
Senior Risk Management and Operational Risk Officers

About speaker
Ms. Bosche is a graduate from Columbus State University, Columbus Georgia earning a Master’s Degree in Business Administration and a Bachelor’s degree in Accounting. Barbara has over 15 years of professional expertise in auditing, information technology audit, fraud investigations and accounting with numerous companies in the following industry sectors: financial services, healthcare, retail and manufacturing. Ms. Bosche holds three professional designations: Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA) and Certified Fraud Examiner (CFE).