CAE Panel: Building a Successful ERM Program

Scott Madenburg
Scott Madenburg AuditBoard
Ruby Opara Collings
Ruby Opara Collings Haemonetics Corporation
Brandon Clark
Brandon Clark Avis Budget Group

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Scott Madenburg is a Market Advisor at AuditBoard, supporting organizations, both large and small, transforming their audit, SOX, and risk management through best-in-class technology solutions. Scott has over 20 years of global experience in the areas of audit, risk, and compliance. Beginning his career at Arthur Andersen, Scott transitioned to internal audit with Fox Entertainment & News Corporation and then spent several years at Rovi Corporation, where he helped lead operational and IT audits, SOX compliance, consulted on business process improvements, and participated in multiple ERP implementations and M&A activities. Prior to joining AuditBoard, Scott was the Chief Audit Executive at Mobilitie, where he built the internal audit function from the ground up to a six-person department focusing on agile audits, SOX readiness, risk management, and cyber and IT security compliance.

Ruby Opara Collings is the Vice President, Global Internal Audit (CAE) for Haemonetics Corporation located in Boston, MA. She is responsible for the strategic vision, process transformation and people development for the function, and also leads Enterprise Risk Management for the company. Prior to joining the Haemonetics Leadership team, Ruby held multiple positions in the 12 years at Covidien/Medtronic, where she oversaw Accounting & Internal Controls for Latin America, and sharpened her global business perspective in her role as an avid Corporate Audit team member. She fuels her passion for growth by finding new ways to lend to positive influence and dynamic change via effective leadership, engagement and innovation.


More companies are developing formal risk management programs, yet the 2019 State of Risk Oversight study by AICPA and the ERM Initiative at North Carolina State University’s Poole College of Management found that just 23% of respondents consider their organization’s risk oversight “mature” or “robust,” and less than 20% think it provides strategic advantage. In this session, industry practitioners will discuss their experiences building successful Enterprise Risk Management programs, as well as real life challenges, benefits, and actionable best practices for implementing a mature program in today’s volatile risk environment.

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