Day 2 Agenda — 2023 AFERM Summit (Tentative)

Breakfast Sponsored by

Speaker

This session will share firsthand insights from USAID’s experience of developing and deploying the Agency’s ERM Tool across over 110 Missions, Bureaus, and Offices in Washington and around the world.

An overview of how the FDIC re-established its ERM program in 2019, grew the program, and is establishing its niche. At the FDIC, we grew from a 2-person ERM team focused on putting together the nuts and bolts of ERM to a 7-person team by taking on risk programs (Model Risk Management, Supply Chain Risk Management and the FDIC’s Insurance program), partnering with divisions to solve problems, and taking on special projects requested by FDIC’s Board of Directors and Chairman.

Grant programs are ever growing as a way for Federal agencies to execute their missions, with disbursements over $1 trillion. And now more than ever, new grantees are receiving a significant amount of federal funds and are expected to manage those funds with the level of risk management and control expected from federal agencies. Join our panel to understand how a federal agency manages risks associated with high-risk grantees and how grantees adjust operations to effectively mitigate risk.

In today’s ever-changing and dynamic landscape, it has become increasingly important for organizations to have a strong Enterprise Risk Management (ERM) culture. A continuous learning environment, coupled with leadership support can lay the foundation for a successful ERM culture within federal government agencies.

During the discussion, the panel of experts will share their experiences in driving the adoption of an ERM culture within their organizations. The group will also give their insights on the importance of training programs in fostering an ERM culture shift and developing a common language within their organizations. Lastly, the group will give insights on the kinds of training and coaching opportunities that federal government agencies should consider to maximize learning ROI for organizations.

Our panelists will share their ERM maturation journey focusing on how their programs continue to add value to other management processes throughout their respective agencies, including budgeting, performance, and strategic planning. Speakers will provide real-life examples of how ERM has been embedded within those business processes to inform decision making through offering the tools, data, leadership involvement, and shared platforms.

ERM Survey Results

Sponsored by

This session communicates a Value-Based Management philosophy and approach that recognizes the critical role of ERM in a much broader and important message: the delivery of value to the organization’s ultimate stakeholders. Understanding this approach will make ERM relevant to every member of the organization and empower risk management professionals to have a more impactful and appreciated role in the organization.

As every ERM practitioner knows, it’s not always smooth sailing when setting up an ERM program. There are bound to be some waves along the way, but those waves don’t have to sink the ship! Moderated by Caren Toomer, the current IRS ERM Director, Tom Brandt, IRS CRO (2014-2022) and Melissa Reynard (Sr Risk Advisor 2014-2020/ERM Director 2020-2023) will share specific examples of some of the bumps they encountered from implementation of the IRS ERM program in 2014 to date as the program has matured over time. We plan a frank open discussion about the challenges and obstacles encountered and how we navigated through and around them. In addition, we plan to share lessons learned, particularly those from an ERM leadership perspective.

DoD is making substantial progress implementing new Department-wide ERM program focused on identifying and managing risks to the Department’s strategic priorities and performance objectives. This effort includes collaborating with DoD’s Office of the Undersecretary of Defense (Comptroller) and more than 60 DoD Components to design and implement new Internal Controls over Reporting for Operations (ICOR-O) capabilities that complement the Department’s existing Internal Controls over Financial Reporting (ICOFR) process. In this session, Dr. Rubino-Hallman and Mr. Jamal Bouaichi will share the value proposition and lessons learned from their experience integrating new ERM and ICOR-O capabilities with existing ICOFR and Statement of Assurance (SOA) processes, as well as offer guidance to other Federal agencies that are working toward establishing an Integrated Risk Management (IRM) capability.

U.S. critical infrastructure operates in a complex risk environment in which dynamic threats are constantly emerging across industries, sectors, and stakeholder groups. The Cybersecurity and Infrastructure Security Agency’s (CISA) National Risk Management Center (NRMC) focuses on providing actionable risk analysis to drive secure and resilient critical infrastructure for the American people.

Moderator

Speaker