LAKE MARY, Fla. (March 29, 2023) — The Institute of Internal Auditors (IIA) – the internal audit profession's leader in standards, certifications, education, research, and technical guidance worldwide – is hosting a free webinar on Tuesday, April 4 from 12:00-2:00 PM ET about the banking crisis that followed the collapses of Silicon Valley Bank and Signature Bank, and other global banking challenges.
During the webinar, a panel of banking experts will discuss the risks and root causes associated with the collapse of these banks and share key lessons that internal auditors can learn from the differing situations to help mitigate these risks in the future.
The panel will discuss the types of risk — such as market risk, concentration risks, and enterprise risks — and discuss how each bank’s lack of proper risk management contributed to their respective collapses.
Attendees will also learn about best practices for internal auditors who work with larger financial institutions, including the key role the internal audit function plays in ensuring that stress testing is done correctly and the benefits of stress testing for smaller and mid-size organizations.
The free webinar will be open both to IIA members and nonmembers. Those interested in attending can register here. Additionally, a recording of the webinar will be made available for those unable to attend the live event.
What: Wash, Rinse, Repeat: Banking Crisis Again | What's Changed And What Can Internal Auditors Learn
When: Tuesday, April 4 from 12:00-2:00 PM ET
Who: Dana Lawrence, CIA, CRMA, CFSA, CAMS, CRVPM, Director of Fintech Compliance at Pacific West Bank
Johnson, CIA, CPA, Assistant General Auditor at PNC Bank
Ernesto Martinez, CIA, CRM, Group Executive Vice President – Internal Audit at Santander
Mark Carawan, Senior Fellow at New York University School of Law
Members of the media interested in attending the free webinar may contact:
About The Institute of Internal Auditors
The Institute of Internal Auditors (IIA) is an international professional association that serves more than 230,000 global members and has awarded more than 185,000 Certified Internal Auditor (CIA) certifications worldwide. Established in 1941, The IIA is recognized throughout the world as the internal audit profession's leader in standards, certifications, education, research, and technical guidance. For more information, visit theiia.org.