Risk and Control Self-Assessment (RCSAs) Essentials for Financial Services

Introduction

In today's dynamic environment, understanding and proactively managing risks is paramount. Risk and Control Self Assessments (RCSAs) are a powerful tool that empowers your teams to identify, assess, and control risks from the ground up.

This webinar demystifies the RCSA framework, focusing on helping you unlock the key benefits by enhancing your ability to navigate the process for maximum organisational value.

This webinar is designed to provide you with an understanding of the RCSA lifecycle, some practical tips on how to deliver a robust RCSA programme and the ability to contribute to a stronger risk management culture within your organisation.

What You Will Learn

This short webinar will cover the following:

• The Regulatory Case for RCSAs
• Definition & Purpose: Positioning RCSAs as a ground-up tool for proactive risk management rather than a ‘tick-box’ exercise
• Key Principles: Establishing the foundations - transparency, accountability, and the ‘Three Lines of Defence’ model
• The Value Proposition: How a robust RCSA programme contributes to a stronger organisational risk culture and provides maximum value
• The RCSA Lifecycle: A Disciplined Approach
• Planning & Identification: Brief overview of scoping and identifying risks that truly matter to the business
• Control Assessment: Evidence-based evaluation of control design and operating effectiveness
• Remediation: Moving from identifying gaps to actionable remediation planning
• Practical Tips for Impactful Delivery
• Methodology Selection: Using the right tools and methodologies for consistent risk measurement
• Workshop Facilitation: High-level tips for gathering objective data from operations, risk, and compliance staff
• Evidence & Documentation: Ensuring the RCSA output meets the standards expected in a regulated environment
• Summary & Reporting
• Actionable Reporting: How to translate RCSA findings into meaningful management information (MI)
• Closing: Reiteration of the RCSA as a living process for continuous improvement

This pre-recorded webinar will be available to view from Friday 14th August 2026

Alternatively, you can gain access to this webinar and 2,101 others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.