CFO Council Playbook – Enterprise Risk Management

Brought to you by the Association for Federal Enterprise Risk Management (AFERM).

The Chief Financial Officers Council (CFOC) and the Performance Improvement Council (PIC) have released the updated Playbook: Enterprise Risk Management (ERM) for the U.S. Federal Government. The Playbook is the result of an interagency effort convened by the Office of Executive Councils under the leadership of the Chief Financial Officer Council. Originally released in 2016, the updated Playbook provides guidance and updates to Integrating ERM with strategic planning, performance, budgeting, and internal controls, Risk Appetite and Tolerance, ERM and Cybersecurity, as well as updates to appendices related to workforce characteristics, and maturity model.

This event will focus on the updates to the Playbook for the following topics:

1. Integrating ERM with strategic planning, performance, budgeting, and internal controls
2. Risk Appetite and Tolerance
3. ERM and Cybersecurity
4. ERM Maturity Model

Webinar Value

AFERM members will gain insights on the updated ERM playbook to be released shortly, and key takeaways on topics such as ERM Maturity Model, Risk Appetite and Tolerance, Cybersecurity and Integration of ERM with strategic planning, performance and budgeting.

Event Details & Registration

The webinar will be hosted online. Registration is free, but required. If registered, instructions for accessing the webinar will be sent via email prior to the event. CPEs will not be provided for this webinar.

Webinar Access

Everyone who registers for this event was sent an email with instructions to access the webinar on at 10:15 am on Friday, May 28, 2021. If you did not receive the email, please check your Spam/Junk folders and then email webmaster@aferm.org if you still can’t locate the link

Presenters & Moderators

Karen Weber
Karen Weber is the Deputy Chief Risk Officer and Director of the Office of Risk Management. She is responsible for analyzing key risks including credit, market, liquidity, strategic, operational, governance, and reputational risks across the Department and developing the enterprise risk management governance process for the Department. She was one of the lead drafters of Playbook: Enterprise Risk Management for the U.S. Federal Government, was part of the team helping to update OMB Circular A-123, “Management’s Responsibility for Enterprise Risk Management (ERM) and Internal Control,” is on the ERM Executive Steering Committee, and chairs the ERM Community of Practice. She chaired the working group to update the Playbook: Enterprise Risk Management for the U.S. Federal Government which will be published in 2021.

Jason Leecost
Mr. Leecost is a Director within Ginnie Mae’s Office of Enterprise Risk. He has a background in Risk Management, financial management, and Financial Audit with a broad knowledge of internal controls, enterprise risk management, federal financial management, financial management systems, operational risk management, federal regulations and processes. Mr. Leecost holds several certifications from New York University (NYU) in Enterprise Risk and Asset Liability Management, Operational Risk Management, Credit Risk Management, Market Risk Management, and he also is a Certified Fraud Examiner (CFE). He has over nineteen years of consulting, and auditing experience with more than seventeen of those years in the public sector and quasi-public arena of financial and risk management working with organizations such as the Ginnie Mae, Department of Veterans Affairs, Department of Homeland Security, Fannie Mae, Federal Housing Finance Agency (FHFA), United States Department of Treasury, and several commercial banks. He holds a Bachelor of Business Administration (BBA) degree in Finance from Howard University and Masters in Accounting from the University of Maryland, College Park, Robert H. Smith School Business.

Alice Miller
Alice McNutt Miller is the U.S. International Development Finance Corporation’s first Chief Risk Officer.  She is responsible for developing, implementing, and managing a comprehensive process for identifying, monitoring and managing risks to DFC.  Prior to joining DFC, Alice was the Millennium Challenge Corporation’s first Chief Risk Officer. As CRO, she was responsible for guiding and overseeing the agency’s approach to assessing and managing risk, including developing and implementing its Enterprise Risk Management (ERM) program.  She also oversaw MCC’s internal controls assessments and audit compliance activities.  Prior to joining MCC, Alice was the Chief Financial Officer for Financing for Development Corp. (F4D), a U.S. 501(c)3 nonprofit organization that promotes innovations in financing as a means of increasing efficiency in development investments, and was the Director of Risk and Finance for F4D’s wholly-owned subsidiary, Pledge Guarantee for Health, LLC.

Nahla Ivy
Nahla Ivy is the Enterprise Risk Management (ERM) Officer for the National Institute of Standards and Technology (NIST), a bureau of the U.S. Department of Commerce in Gaithersburg, MD. At NIST, Ms. Ivy leads the development and implementation of the agency’s ERM program.  She is currently co-chairing an interagency community of interest on the intersection of cybersecurity and agency ERM.  Prior to joining NIST, Ms. Ivy supported the risk management and internal controls functions at the U.S. Department of Energy and served in private industry as a research director and product manager for a financial services and corporate governance firm.