ERM at the Veterans Benefits Administration RIMScast

Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.
 
Justin Smulison is once again joined by a speaker at the upcoming RIMS ERM Conference 2022! Charles Tapp II is the Chief Financial Officer and Chief Risk Officer of the Veterans Benefits Administration (VBA); overseeing the delivery of over $150 billion in benefits to Veterans and their families.
 
In this episode, Charles shares how organizations and the risk community can observe Veterans Day in new and meaningful ways, how he has led the implementation of ERM at the VBA, and gives a preview of his upcoming session at the RIMS ERM Conference titled, “Stakeholder Buy-in: Connecting ERM to Budgeting and Investment!”
 
Key Takeaways:
[:01] About the RIMS Membership.
[:14] About today’s episode and how to save $400 on the Pre-Conference Workshop for RIMS-CRMP Prep!
[:42] About RIMScast.
[:55] About today’s episode with Charles Tapp II.
[1:24] All about the upcoming RIMS ERM Conference 2022 and how to take advantage of an exclusive registration discount.
[2:00] Upcoming RIMS webinars, workshops, events, and more!
[2:57] More about today’s episode’s guests Nir Kossovsky and Carnell Jones.
[3:38] Justin welcomes Charles to RIMScast!
[3:52] Charles served as an officer in the U.S. Air Force for 10 years — specifically, a Career Financial Management Officer. Did this lead to his dual career in risk management?
[6:25] How Charles became the Chief Risk Officer at the Veterans Benefits Administration (VBA).
[8:24] Charles oversees the delivery of over $150 billion in benefits to Veterans and their families. He highlights some of the biggest risks and responsibilities in his role as CFO of the VBA.
[10:40] How many employees are a part of their risk staff?
[11:36] Why having staff liaisons (who are risk liaisons to the rest of the organization) is a key part of the Office of Financial Management.
[12:38] RIMS plug time! All about upcoming awards and nominations, virtual workshops, and more!
[14:18] Earlier this year, the VBA began its modernization efforts for benefits delivery through automated processes. Charles shares his insights on these efforts, having been on the ground floor of this effort.
[15:52] How Charles’ VBA group is being helped specifically with this new automation.
[16:16] Charles shares the most significant impact that ERM has had on the overall success of VBA.
[17:47] How Charles’ military training provides a unique perspective on his risk management career.
[20:04] Ways that Charles believes that organizations (and the risk community) can better observe Veterans Day on Nov. 11th, 2022.
[21:50] Justin thanks Charles Tapp II for joining the podcast and shares some of the links to check in today’s show notes!
 
Mentioned in this Episode:
RIMS ERM Conference 2022 — November 10‒11, 2022 | Indianapolis, IN — Agenda Now Live! (Special registration discount for RIMScast listeners! Enter Code: RIMSCAST2022 on the “Payment” page — Note: Only for new registrations)
Save $400 on the Pre-Conference Workshop: RIMS-CRMP Prep
Attend the in-person RIMS-CRMP Exam Prep Workshop, November 8‒9. Register for the ERM Conference and select the workshop on the “Additional Purchase Options” page. Your $400 savings will already be applied. Learn more!
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