Kristina Narvaez

 KristinaL. Narvaez

Kristina L. Narvaez

  • Courses1
  • Reviews5

Biography

Kristina Louise Narvaez is a/an Teacher in the University Of California department at University Of California

Brigham Young University - Business Administration

Enterprise Risk Management/Strategy Consultant
Higher Education
Kristina
Narvaez
Pleasant Grove, Utah
ERM Strategies is a consulting and research firm that provides its clients with a wide array of enterprise risk management services. Every business or public entity, whether large or small, faces a multitude of risks in day-to-day activities. In order to determine the specific needs of an organization, ERM Strategies provides each client with a rigorous assessment of the risks associated with their business activities. Once these risks have been assessed, the ERM Strategies team works with each client to develop an efficient and comprehensive enterprise risk management plan that can transform those risks into opportunities.

Specialties: Enterprise Risk Management and Risk Governance training and facilitation for Executive Management Teams and Board of Directors.


Experience

  • University of Utah

    Adjunct Professor

    Teaching Strategy 5700 to undergraduate students

  • University of California, Los Angeles

    Instructor UCLA Extension

    I am an Enterprise Risk Management instructor for UCLA Extension teaching the course Designing and Implementing an Enterprise Risk Management Program based on the book "Implementing Enterprise Risk Management: Case Studies and Best Practices" published in 2015 by Wiley and Sons. This course focuses on the following objectives:

    Why have an ERM program in your organization?
    Resources and capabilities for your ERM program
    Mandate and commitment for ERM program
    ERM program and design elements
    ERM program and design continued
    Assessing your own organization's risk management program
    Risk identification
    Risk Analysis
    Risk Treatment
    Risk Controls and Communication
    Your 90 Day Action Plan to implement ERM
    Strategic Risk Management

  • ERM Strategies

    Owner

    Our team helps the executive management team think through the company’s strategy, understand the risks inherent in the strategy and help formulate the risk appetite-the amount of risk the company is prepared to undertake in pursuit of its strategy- as well as help them define their level of risk tolerance. We ensure that management has an ERM program in place to manage risk and that the ERM program is sufficient to inform the board of the major risks facing the company.

    We review the board’s committee structure and oversight processes to ensure that there is effective oversight of the major risks facing the business. Each standing committee of the board typically has oversight responsibility of risks inherent within its area of oversight. We look at all the board’s committees: audit, compensation, nominating/governance to ensure proper oversight of categories of risk that may pose a particular concern to the organization.

    Our team also discusses with the Board of Directors does it make sense to create a risk committee and weigh the pros and cons of forming one. Some boards may want to focus more on risk management processes to help ensure a robust risk governance system is in place, and it may make sense to assign this responsibility to a risk committee.

    We can work with an organization in helping them create an ERM program. We will assist an organization in implementing an ERM framework with ERM tools to gather risk information and set-up a monitoring and evaluation process for their ERM program.

    Our team of consultants can provide an independent evaluation of your ERM program and address any gaps or deficiencies in the processes of your ERM program. We will also review how the ERM program is being managed and how risk information is being communicated throughout the organization and brought to the attention of the executive management team and the board of directors.

  • Bickmore Risk Services

    Risk Management Consultant

    Risk Management Consultant and Utah Representative working with public entities and corporations helping with benchmarking, risk identification and risk assessment.

  • Brigham Young University

    Adjunct Professor of Strategy

    I am an adjunct professor at Brigham Young University teaching Business Strategy 498 to undergraduate students. Some of the learning outcomes of the class include:

    1) Conducting an industry analysis, competitor analysis, and demand analysis
    2) Evaluating the corporate strategy: mergers and acquisitions, vertical integration/outsourcing, international strategies, and innovative strategies
    3) Business Level Strategies: cost advantage or differentiation
    4) GAP Analysis and recommendations

Education

  • University of Utah

    BS

    Environmental Risk Management
    Won two student paper competitions for risk management papers with Risk and Insurance Management Society and Instittute of Hazardous Materials Management

  • University of Utah

    Adjunct Professor


    Teaching Strategy 5700 to undergraduate students

  • Westminister College

    MBA

    Finance & Information Technology

Publications

  • "​ The Big Picture:Enterprise Risk Management Can Give an Insurer a Complete Understanidng of a Range of Risks During a Merger or Acquistion"​

    A.M. Best Review

  • "​ The Big Picture:Enterprise Risk Management Can Give an Insurer a Complete Understanidng of a Range of Risks During a Merger or Acquistion"​

    A.M. Best Review

  • Don't Fight the Fed : Be Fed Ready Instead

    Risk Management Association Magazine

    New regulation like Dodd-Frank Section 165 is requiring banks with over $50 billion in assets to form a board level risk committee and have a working Enterprise Risk Management program.

  • "​ The Big Picture:Enterprise Risk Management Can Give an Insurer a Complete Understanidng of a Range of Risks During a Merger or Acquistion"​

    A.M. Best Review

  • Don't Fight the Fed : Be Fed Ready Instead

    Risk Management Association Magazine

    New regulation like Dodd-Frank Section 165 is requiring banks with over $50 billion in assets to form a board level risk committee and have a working Enterprise Risk Management program.

  • "P/C Carrier ERM Programs Need Strategic Risk Analysis, Scenario Testing,"​

    Carrier Management Magazine

  • "​ The Big Picture:Enterprise Risk Management Can Give an Insurer a Complete Understanidng of a Range of Risks During a Merger or Acquistion"​

    A.M. Best Review

  • Don't Fight the Fed : Be Fed Ready Instead

    Risk Management Association Magazine

    New regulation like Dodd-Frank Section 165 is requiring banks with over $50 billion in assets to form a board level risk committee and have a working Enterprise Risk Management program.

  • "P/C Carrier ERM Programs Need Strategic Risk Analysis, Scenario Testing,"​

    Carrier Management Magazine

  • Implementing Enterprise Risk Management: Case Studies and Best Practices

    Wiley

    This book is a collection of case studies of various organizations from multiple industries practicing Enterprise Risk Management. They include General Motors, Mars, The LEGO Group, Safeway, Zurich Insurance Group, TD Bank, Statoil, University of California, City of Edmonton, Astro, British Columbia Lottery System, University of Washington, Workers Compensation, and many others.

  • "​ The Big Picture:Enterprise Risk Management Can Give an Insurer a Complete Understanidng of a Range of Risks During a Merger or Acquistion"​

    A.M. Best Review

  • Don't Fight the Fed : Be Fed Ready Instead

    Risk Management Association Magazine

    New regulation like Dodd-Frank Section 165 is requiring banks with over $50 billion in assets to form a board level risk committee and have a working Enterprise Risk Management program.

  • "P/C Carrier ERM Programs Need Strategic Risk Analysis, Scenario Testing,"​

    Carrier Management Magazine

  • Implementing Enterprise Risk Management: Case Studies and Best Practices

    Wiley

    This book is a collection of case studies of various organizations from multiple industries practicing Enterprise Risk Management. They include General Motors, Mars, The LEGO Group, Safeway, Zurich Insurance Group, TD Bank, Statoil, University of California, City of Edmonton, Astro, British Columbia Lottery System, University of Washington, Workers Compensation, and many others.

  • "Start ERM Right: Align It with Strategy to Realize It's Full Potential"​

    Conference Board of Canada

  • "​ The Big Picture:Enterprise Risk Management Can Give an Insurer a Complete Understanidng of a Range of Risks During a Merger or Acquistion"​

    A.M. Best Review

  • Don't Fight the Fed : Be Fed Ready Instead

    Risk Management Association Magazine

    New regulation like Dodd-Frank Section 165 is requiring banks with over $50 billion in assets to form a board level risk committee and have a working Enterprise Risk Management program.

  • "P/C Carrier ERM Programs Need Strategic Risk Analysis, Scenario Testing,"​

    Carrier Management Magazine

  • Implementing Enterprise Risk Management: Case Studies and Best Practices

    Wiley

    This book is a collection of case studies of various organizations from multiple industries practicing Enterprise Risk Management. They include General Motors, Mars, The LEGO Group, Safeway, Zurich Insurance Group, TD Bank, Statoil, University of California, City of Edmonton, Astro, British Columbia Lottery System, University of Washington, Workers Compensation, and many others.

  • "Start ERM Right: Align It with Strategy to Realize It's Full Potential"​

    Conference Board of Canada

  • CROs- The High Wire Act in the Financial Sector

    Journal of Risk Management in Financial Institutions

    This article takes a look at two CROs Michael Roseman at MF Global and Madelyn Antoncic at Lehman Brothers and their challenge warning their CEOs about taking on risks that endangered both institutions.

  • "​ The Big Picture:Enterprise Risk Management Can Give an Insurer a Complete Understanidng of a Range of Risks During a Merger or Acquistion"​

    A.M. Best Review

  • Don't Fight the Fed : Be Fed Ready Instead

    Risk Management Association Magazine

    New regulation like Dodd-Frank Section 165 is requiring banks with over $50 billion in assets to form a board level risk committee and have a working Enterprise Risk Management program.

  • "P/C Carrier ERM Programs Need Strategic Risk Analysis, Scenario Testing,"​

    Carrier Management Magazine

  • Implementing Enterprise Risk Management: Case Studies and Best Practices

    Wiley

    This book is a collection of case studies of various organizations from multiple industries practicing Enterprise Risk Management. They include General Motors, Mars, The LEGO Group, Safeway, Zurich Insurance Group, TD Bank, Statoil, University of California, City of Edmonton, Astro, British Columbia Lottery System, University of Washington, Workers Compensation, and many others.

  • "Start ERM Right: Align It with Strategy to Realize It's Full Potential"​

    Conference Board of Canada

  • CROs- The High Wire Act in the Financial Sector

    Journal of Risk Management in Financial Institutions

    This article takes a look at two CROs Michael Roseman at MF Global and Madelyn Antoncic at Lehman Brothers and their challenge warning their CEOs about taking on risks that endangered both institutions.

  • "​ Stress Testing Your ERM Initiative: Is It Delivering What You Need"​

    Carrier Management Magazine

  • "​ The Big Picture:Enterprise Risk Management Can Give an Insurer a Complete Understanidng of a Range of Risks During a Merger or Acquistion"​

    A.M. Best Review

  • Don't Fight the Fed : Be Fed Ready Instead

    Risk Management Association Magazine

    New regulation like Dodd-Frank Section 165 is requiring banks with over $50 billion in assets to form a board level risk committee and have a working Enterprise Risk Management program.

  • "P/C Carrier ERM Programs Need Strategic Risk Analysis, Scenario Testing,"​

    Carrier Management Magazine

  • Implementing Enterprise Risk Management: Case Studies and Best Practices

    Wiley

    This book is a collection of case studies of various organizations from multiple industries practicing Enterprise Risk Management. They include General Motors, Mars, The LEGO Group, Safeway, Zurich Insurance Group, TD Bank, Statoil, University of California, City of Edmonton, Astro, British Columbia Lottery System, University of Washington, Workers Compensation, and many others.

  • "Start ERM Right: Align It with Strategy to Realize It's Full Potential"​

    Conference Board of Canada

  • CROs- The High Wire Act in the Financial Sector

    Journal of Risk Management in Financial Institutions

    This article takes a look at two CROs Michael Roseman at MF Global and Madelyn Antoncic at Lehman Brothers and their challenge warning their CEOs about taking on risks that endangered both institutions.

  • "​ Stress Testing Your ERM Initiative: Is It Delivering What You Need"​

    Carrier Management Magazine

  • "​ What Did Wells Fargo's CEO Know"​

    CFO

    One cause of the alleged improprieties of Wells Fargo's incentive programs may have been clogged communications

  • "​ The Big Picture:Enterprise Risk Management Can Give an Insurer a Complete Understanidng of a Range of Risks During a Merger or Acquistion"​

    A.M. Best Review

  • Don't Fight the Fed : Be Fed Ready Instead

    Risk Management Association Magazine

    New regulation like Dodd-Frank Section 165 is requiring banks with over $50 billion in assets to form a board level risk committee and have a working Enterprise Risk Management program.

  • "P/C Carrier ERM Programs Need Strategic Risk Analysis, Scenario Testing,"​

    Carrier Management Magazine

  • Implementing Enterprise Risk Management: Case Studies and Best Practices

    Wiley

    This book is a collection of case studies of various organizations from multiple industries practicing Enterprise Risk Management. They include General Motors, Mars, The LEGO Group, Safeway, Zurich Insurance Group, TD Bank, Statoil, University of California, City of Edmonton, Astro, British Columbia Lottery System, University of Washington, Workers Compensation, and many others.

  • "Start ERM Right: Align It with Strategy to Realize It's Full Potential"​

    Conference Board of Canada

  • CROs- The High Wire Act in the Financial Sector

    Journal of Risk Management in Financial Institutions

    This article takes a look at two CROs Michael Roseman at MF Global and Madelyn Antoncic at Lehman Brothers and their challenge warning their CEOs about taking on risks that endangered both institutions.

  • "​ Stress Testing Your ERM Initiative: Is It Delivering What You Need"​

    Carrier Management Magazine

  • "​ What Did Wells Fargo's CEO Know"​

    CFO

    One cause of the alleged improprieties of Wells Fargo's incentive programs may have been clogged communications

  • How Risk Management Can Spawn Competitive Advantage

    CFO.com

    This article describes how managing your risks better than your competition can be a competitive advantage to your organization and help you become more profitable.

  • "​ The Big Picture:Enterprise Risk Management Can Give an Insurer a Complete Understanidng of a Range of Risks During a Merger or Acquistion"​

    A.M. Best Review

  • Don't Fight the Fed : Be Fed Ready Instead

    Risk Management Association Magazine

    New regulation like Dodd-Frank Section 165 is requiring banks with over $50 billion in assets to form a board level risk committee and have a working Enterprise Risk Management program.

  • "P/C Carrier ERM Programs Need Strategic Risk Analysis, Scenario Testing,"​

    Carrier Management Magazine

  • Implementing Enterprise Risk Management: Case Studies and Best Practices

    Wiley

    This book is a collection of case studies of various organizations from multiple industries practicing Enterprise Risk Management. They include General Motors, Mars, The LEGO Group, Safeway, Zurich Insurance Group, TD Bank, Statoil, University of California, City of Edmonton, Astro, British Columbia Lottery System, University of Washington, Workers Compensation, and many others.

  • "Start ERM Right: Align It with Strategy to Realize It's Full Potential"​

    Conference Board of Canada

  • CROs- The High Wire Act in the Financial Sector

    Journal of Risk Management in Financial Institutions

    This article takes a look at two CROs Michael Roseman at MF Global and Madelyn Antoncic at Lehman Brothers and their challenge warning their CEOs about taking on risks that endangered both institutions.

  • "​ Stress Testing Your ERM Initiative: Is It Delivering What You Need"​

    Carrier Management Magazine

  • "​ What Did Wells Fargo's CEO Know"​

    CFO

    One cause of the alleged improprieties of Wells Fargo's incentive programs may have been clogged communications

  • How Risk Management Can Spawn Competitive Advantage

    CFO.com

    This article describes how managing your risks better than your competition can be a competitive advantage to your organization and help you become more profitable.

  • "​ What CFOs Should Know About Foreign Exchange Risks

    CFO

    Understanding foreign exchange risk in the context of Enterprise Risk Management enables finance chiefs to avoid overhedging their forex risks

BUSM 498

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