ORIC International

✨ Event Highlights: ORIC International Rise & Shine Series – Breakfast Exclusive Round Table ✨ We are thrilled to reflect on the success of our latest Rise & Shine event, held at RSA's London office on 24 October. The round table, chaired by Dave Howell, Chief Risk Officer at RSA, brought together senior risk professionals from across the industry to engage in a dynamic and insightful discussion on the Three Lines of Defence Model. The event provided a unique platform for risk professionals to delve into the evolving complexities of the model, with discussions focusing on: Overcoming challenges in communication, role clarity, and engagement across the Three Lines of Defence, while integrating innovative technology into risk management. Collaborative problem-solving, sharing best practices to streamline communication and redefine roles with precision and clarity. Exploring alternative models and strategies for enhancing the flexibility and effectiveness of risk management in an ever-changing landscape. The session offered participants invaluable takeaways, with robust discussions igniting new strategies for tackling the inherent challenges within the risk management framework. We were delighted to see such enthusiastic participation, where proven insights were exchanged, and fresh perspectives were sparked. A big thank you to Dave Howell for leading such a thought-provoking discussion, and to all attendees for making the event so engaging. It is through collaborative dialogue like this that we continue to push the boundaries of operational risk management. We are planning to hold another round table early next year, with our next risk forum on Responsible AI on Wednesday, 20 November, at 15:00 GMT. We look forward to seeing you all there. #RiskManagement #ThreeLinesOfDefence #InnovationInRisk #ORICInternational #RiseAndShine #OperationalRisk #CROCommunity

🚀 I'm excited to announce tomorrow's ORIC International Risk Forum on Transformation Risk. Join us as we delve into the evolving landscape of risk management and its vital role in successful transformation initiatives. 📅 Date: 11 December ⏰ Time: 15:00 – 16:00 GMT 🖥️ Format:– MS Teams 🌟 Agenda Snapshot: Transformation Risk 🌟   1️⃣ Intro to Transformation Risk   - Defining what Transformation Risk means. 2️⃣ Integrating Risk in the Transformation Lifecycle   - Role of risk in each transformation stage: Initiation to Post-completion.    - Key challenges vs. best practices.    - Leveraging AI to enhance risk management. 3️⃣ Meeting Board Expectations   - Governance, transparency, and communication challenges.    - Evolving frameworks for real-time risk reporting. 4️⃣ Adapting Methodologies & Skillsets    - Aligning risk management with complex transformations.    - Traditional vs. agile methodologies.    - Traits of successful firms and their skillset challenges. We're privileged to have insightful contributions from our panel speakers: - Brian Thornhill Director, Strategy, Risk & Transactions Advisory, Deloitte - Vicki Tilsed Director, Strategy, Risk & Transactions Advisory, Deloitte  - Andrew Berry Director, Technology & Transformation, Deloitte  - Anna Kenton Senior Manager, Technology & Transformation, Deloitte  - Max van Oudheusden Senior Manager, Strategy, Risk & Transactions Advisory, Deloitte Don’t miss this opportunity to deepen your understanding of effective risk management in transformation journeys! #RiskManagement #Transformation #Leadership #AI #BoardGovernance #AgileMethodology #ContinuousLearning #risk #compliance #projects #banks #insurance #investments #financialservices #lloydspeople #finance #AI

🌟 Join us for the ORIC International Dynamic Risk Forum in collaboration with Deloitte! 🌟 Understanding and managing transformation risk is crucial in today's rapidly evolving landscape. Don’t miss this chance to dive deep into essential discussions around effective risk management. 📅 Date: 11 December ⏰ Time: 15:00 – 16:00 GMT  🖥️ Format:– MS Teams Key Highlights: 1. Integration of Risk Function in the Transformation Lifecycle 2. Challenges & Best Practices 3. Resource Allocation and Comparison 4. Board Expectations   5. Methodology and Skillset Adaptability Don’t miss this opportunity to engage with experts and enhance your understanding of managing transformation risk effectively! 🚀 #RiskManagement #Transformation #Deloitte #ORICInternational #Leadership #AI #Innovation #ResourceAllocation #BoardGovernance #risk #compliance #finance #insurance #banks #assetmanagement #financialservices

ORIC International's monthly newsflash report keeps its members informed about global operational risks that occur daily. The November edition highlights significant operational risk events from October, resulting in 514 new newsflashes across 47 countries. This underscores the increasing need for robust risk management. The newsflash service keeps members informed about the latest operational risk data, enabling them to improve their organisational risk strategies and implement effective risk mitigation measures. To ensure you are informed of these developments, please contact enquiries@oricinternational.com to subscribe to our monthly newsflash report. Stay informed and ahead with ORIC International. #OperationalRisk #RiskManagement #GlobalInsights #ORICInternational #Insurance #Investments #Banking #RiskManagement

✨ Thank you to everyone who joined us for the ORIC International Forum on Responsible AI! A special thanks to our expert speakers, Angela Luget and Cécile Prinsen from McKinsey & Company, for their invaluable insights into the transformative potential of Responsible AI in the financial services sector. Join Us for the Transformation Risk Forum We’re excited to announce the Transformation Risk Forum, a must-attend event for risk professionals, where we’ll explore the critical role of second-line teams in managing transformation risk. This forum will cover: - How are second-line teams structured to support transformation efforts. - Challenges they face in balancing oversight and agility. - What success looks like in practice and key success factors. - Evolving trends shaping their role in today’s financial services market. Event Details: Date: 11 December 24 Time: 15:00 – 16:00 GMT This is your opportunity to gain insights, share experiences, and engage with industry experts as we tackle the pressing issues facing second-line teams during transformation. Mark your calendar, and don’t miss this chance to shape the conversation around transformation risk! If you would like to attend any future events, please contact Lauren Kissick directly for more information at: Lauren.Kissick@oricinternational.com #ResponsibleAI #FinancialServices #TransformationRisk #Innovation #FutureofFinance #Collaboration #ThankYou #Risk #Compliance #Audit #Insurance #Banking #Investment #Finance #insurance #banking #investment #assetmanagement #lloydspeople

🚀 Join ORIC International on 20 November at 15:00 GMT for an impactful forum and interactive group discussion with our expert AI speakers, Angela Luget, Partner and Cécile Prinsen Associate Partner and McKinsey & Company, where we will explore the transformative potential of Responsible AI in the financial services sector. This is your opportunity to: • Understand the significant impact of Responsible AI  • Explore the challenges of adoption  • Learn how other industries are setting the standards  • Discover the Responsible AI Maturity Toolkit Looking forward to speaking with everyone. Please contact Lauren Kissick directly for more information at: Lauren.Kissick@oricinternational.com #ResponsibleAI #FinancialServices #McKinsey #Innovation #AI #FutureofFinance #Collaboration #risk #compliance #audit #financialservices #insurance #banking #investment #finance #lloydspeople

ORIC International Wednesday 20th November 15:00h GMT/10:00h EST Join us for this insightful forum discussing Responsible AI with Angela Luget and Cécile Prinsen McKinsey & Company. We look forward to seeing you there! #ORICInternational #ResponsibleAI #Getinvolved #Riskmanagement

🔔Excited to dive into planning our events for next year! Our first roundtable session in 2025 will focus on the Risk Appetite Framework—examining what a strong framework looks like, how to effectively embed it within a broader risk management structure, and ensuring seamless integration with the risk and control environment.🔔 I'll be reaching out to member firms shortly to share more details and encourage early participation in the conversation. In the meantime, I’d love to hear from the risk community: what are your key challenges or questions around implementing risk appetite frameworks? What would you find most valuable in an upcoming event on this topic? Looking forward to your thoughts! #risk #compliance #insurance #investments #banks #lloydspeople #riskappetite #riskmanagement #2025 #RiskManagement #RiskAppetiteFramework #RiskCulture #CorporateGovernance #RiskAssessment #Compliance #RiskMitigation #FinancialServices #EventPlanning #Leadership #BusinessContinuity #StakeholderEngagement #RiskIntegration #RoundtableDiscussion #RiskCommunity ORIC International

ORIC International's monthly newsflash report keeps members up to date about global operational risks occurring daily. The October edition details significant operational risk events in September, resulting in 542 new newsflashes across 47 countries, emphasising the ever growing need for robust risk management. The newsflash service ensures members have access to the latest operational risk data, empowering them to enhance their organisational risk strategies and implement effective risk mitigation measures. To ensure you are informed of these developments, please contact enquiries@oricinternational.com to subscribe to our monthly newsflash report. Stay informed and ahead with ORIC International. #OperationalRisk #RiskManagement #GlobalInsights #ORICInternational #Insurance #Investment #Banking

ORIC International's monthly newsflash report keeps members informed about global operational risks occurring daily. The October edition details significant operational risk events in September, resulting in 542 new newsflashes across 47 countries, emphasising the ever growing need for robust risk management. The newsflash service ensures members are up to date with the latest operational risk data, empowering them to enhance their organisational risk strategies and implement effective risk mitigation measures. To ensure you are informed of these developments, please contact enquiries@oricinternational.com to subscribe to our monthly newsflash report. Stay informed and ahead with ORIC International. #OperationalRisk #RiskManagement #GlobalInsights #ORICInternational #Insurance #Investments #Banking #RiskManagement