Working Together Effectively. We will try to answer these questions for you today…  Why Am I Here?  Isn’t This Someone Else's Job?  What Am I supposed.

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Presentation transcript:

Working Together Effectively

We will try to answer these questions for you today…  Why Am I Here?  Isn’t This Someone Else's Job?  What Am I supposed To Do?

 Regulatory Environment Has Expanded Significantly  The Higher Education Act Alone Contains 1000 pages  The Federal Student Aid Handbook Contains More Than 1050 pages  The Handbook for Campus Safety and Security Reporting (Clery) contains 300 pages  The Department of Education Released more than 270 “Dear Colleague” Letters And Other Announcements In 2012 Alone.

 Enterprise Risk Management Is A Mechnism To Create A Comprehensive District- wide Culture Of Collaboration and Cooperation To Meet Our 1. Fiduciary Requirements 2. Legal Requirements 3. Regulatory Requirements

 Utilize The Skills And Knowledge Of Those Working Most Closely In Specific Areas Of Risks  Provide Information And Tools  Identify, Assess And Monitor Risks  Propose Policies And Procedures To Manage Risks

 Compliance And Risk Management Will Work Hand in Hand.  Develop Best Practices  Training, Policy and Budget Needs Will Be Identified  Tools and Job Aids Will Be Developed  Track New Requirements And Changes  Create A Forum To Share And Leverage Expertise And Knowledge  Provide Communication And Develop Liaisons

 Compliance Calendar  Understanding Risk  Develop Assessment Tools and Job Aids  Review Updates on Regulatory and Compliance Requirements  Create A Forum To Share And Leverage Expertise And Knowledge  Assist With Keeping the Appropriate MCC Constituents Informed Regarding Compliance Matters  Monitor On Going Progress In Key Compliance Areas