Workshops for bank directors look at credit, operational risk

Credit risk and operational risk are the subjects of two workshops to be held in Minneapolis in late March for directors of national community banks and savings associations, presented by the Office of the Comptroller of the Currency (OCC), the regulator announced Wednesday.

The March 27 Credit Risk workshop focuses on credit risk within the loan portfolio, such as identifying trends and recognizing problems, OCC said. The workshop also covers the roles of the board and management, how to stay informed of changes in credit risk, and how to effect change.

The Operational Risk workshop the next day (March 28) focuses on the key components of operational risk – people, processes, and systems. The workshop also covers governance, third-party risk, vendor management, and cybersecurity.

The sessions will be held at the Crowne Plaza Minneapolis Northstar Downtown; cost is $99. The workshops are limited to the first 35 registrants.

OCC Hosts Credit Risk and Operational Risk Workshops in Minneapolis