Workshop 4: Behavioral and financial risk

Time: 09.00 - 5.00
On: Post-Conference Workshops - 11/11/2016

Cathy Hampson, Managing Director, CELARIS behavioral risk expert and published author on the subject

8:30 Registration, breakfast and introductions

9:00 An introduction to behavioral risk and its financial risk impacts

  • Risk and the Individual – Why do people behave the way that they do?
  • Case Study
  • Group Behavior – Why is group behaviour different to the sum of its parts?
  • Review of industry examples

10:30 Morning coffee break

11:00 Risk culture – How does it emerge and can it be altered?

  • ‘It couldn’t happen here …could it?’
  • Case Study
  • Behavioral and cultural change
  • Improve the probability of success in residual risk reduction

12:30 Lunch

1:30 Financial risk and a review of what has gone wrong, and right, elsewhere

  • Real-life issues
  • Financial risks
  • Financial risk indicators for your business
  • Practical behavioral and financial indicator session
  • How to increase the probability of detection and prevention of financial impropriety and fraud

3:00 Afternoon coffee break

3:30 A behavioral and financial risk framework

  • Useful takeaway for all individuals and companies
  • Case study – ‘The Remuneration ‘Game”
  • Future trends in behavioral and financial risk

5:00 End of workshop