Opening General Session

Monday | 8:30am – 9:30am
Salon AB

Welcome and Opening Remarks

The chairman for the League of Southeastern Credit Unions & Affiliates will kick off the conference by welcoming attendees and providing opening remarks.

Setting Your Credit Union’s Risk Appetite

Developing an effective risk management program and aligning it with your credit union’s strategy is challenging. At the of this process—and the foundation of good risk management—is the design of your credit union’s risk appetite framework. The risk appetite framework sets a forward-looking view of the desired risk profile in a variety of scenarios and establishes a process for achieving that profile. It asks the questions: How much risk should your credit union assume and how should you as a organization decide? The risk appetite clearly defines roles and responsibilities in the areas of monitoring and assessment. It also sets forth practices that link the CU’s objectives with the actions of your management team, ensuring that the risk profile remains within parameters.

About the Speaker:
Ancin Cooley, CIA, CISA, is the Founder and Principal of Synergy Credit Union Consulting, Inc. Synergy provides a range of risk management services to financial institutions, which include strategic planning, board training, loan reviews, ALLL consulting, MBL Process improvement, and regulatory exam remediation. As Principal, Ancin manages a growing portfolio of clients throughout the United States. He brings more than 10 years of experience to the industry. Ancin honed his skills while working as a regulatory examiner for the US Treasury. As an examiner, he performed safety and soundness examinations for community and mid size institutions ranging from $100 million to $15 billion in total assets. After leaving regulatory work, Ancin worked for a regional accounting firm where he led internal audits, as well as loan and pre-regulatory examiner reviews.