ERM and its Role in Aggregated Assurance

Enterprise Risk Management (ERM) is a holistic approach, identifying, assessing, managing, and monitoring risks across an organization to ensure strategic objectives are achieved. It also integrates risk considerations into decision-making and promotes a risk-aware culture.

Join us as we explore Jefferson Wells’ perspective on ERM’s role, to ensure aggregated assurance and coordination across the three lines of defense, and establishing a robust risk taxonomy. We’ll share practical insights on governance, escalation protocols, and internal audit independence, while addressing common challenges and fostering engagement through thought-provoking questions.

Discussion Topics:

1. Each Lines’ Role
2. Transparency, Collaboration and Coordination
3. Reliance on the work of other assurance teams

Featured Speakers:

Mike Baron, CIA, CISA, CFSA, AMLP National Practice Leader, Financial Services - Mike has extensive internal audit experience at foreign and domestic institutions. He is an accomplished Internal Audit Executive who has assisted various clients and companies within the Internal Audit department, with a focus on Quality Assessment Reviews, Risk Assessments, SOX projects and Execution Services. Mike has established and revamped the audit function for various organizations and is familiar with financial, operational and technical assessments. Mike also leads the Financial Crimes national practice for Jefferson Wells and is also a member of the Financial Services Leadership Council.

Tim Lietz, National Practice Leader, Risk & Compliance - Tim brings 25+ years of diverse experience to Jefferson Wells through executive positions in internal audit, risk management and process improvement. Tim has also been responsible for the timely completion of annual internal audit plans, successful optimization and testing of annual SOX controls, fraud mitigation, the facilitation of Enterprise Risk Management initiatives and establishing strong relationships within all levels of employers and clients. As a former Chief Audit Executive of a $6B healthcare organization, he understands the challenges of positioning Internal Audit as a value-added, relevant function and trusted business advisor to audit committees and members of senior management.

Aleks Lembrikov, CPA, CISA, SRISC, CISM Director, Risk & Compliance - Aleks has over 27 years of Information Systems and Information Security auditing and consulting experience with extensive industry and technology domain experience focused on Financial Services. He has extensive experience in IT audit, risk management, compliance and business process analysis. Aleks leverages expertise in cybersecurity risk mitigation, AI-powered risk management and data analytics, continuous improvement and digital technology to transform and elevate the integrity of risk management and internal audit practices and operational efficiencies.

Members may register as follows: sign-in on the website https://www.aibacp.org/ , select “Upcoming Events.”

Non-members who wish to attend may apply for membership on the website.

CPE Credit: 1 CPE Credit will be awarded to members attending the live webinar.