Effective Board Packets: Maximizing Reporting Effectiveness

Join this detailed presentation to learn how to build clear, focused, and effective board packets that strengthen oversight, support risk-based decisions, and help directors spot red flags before they become bigger issues.

Ultimate responsibility for your institution’s risk management program lies with your Board of Directors. Examiners will evaluate the overall effectiveness of management and the board by analyzing board and senior management oversight; policies, procedures, and limits; risk monitoring and management information systems; and internal controls.

To facilitate this review, examiners will utilize reports and minutes from board and subcommittee meetings to confirm management is effectively communicating with the board and that they maintain appropriate oversight over risk management, compliance, operations, and financials. Therefore, receiving clear, concise, complete information is critical to a board’s decision making. In this session we will discuss the types of reports to include in board packages as well as how they should be utilized to ensure directors have the pertinent details needed to stay informed of issues impacting your institution and to make effective, risk-based decisions on its behalf. We will also address how to recognize “red flags” in board reports.

• Employee training log
• Interactive quiz
• PDF of slides and speaker’s contact info for follow-up questions
• Attendance certificate provided to self-report CE credits