Building the Right ERM Team (CRO)
Finding the Right CRO (Protiviti)
Identifying the Right ERM Processes (Risk Assessment)
Quarterly enterprise-wide risk assessment updates have included:
Critical Success Factors for Developing a Risk Appetite Framework
COSO ERM Framework/Activities
Internal Environment: Risk Management Philosophy –Board of Directors –Establish Risk Management Framework–Organizational Structure –Assignment of Authority and Responsibility
Objective Setting: Strategic Objectives ––De
Read more…Learnings around Stress Testing
• Expanded Stress Testing activities are good for the business
(i.e., good risk management), and a necessary component of
an Internal Capital Adequacy Process (ICAP).
• Coordinated bank-wide stress tests need to have a con
Read more…From a high level overview, all of the institutions agreed that the regulatory agencies are still trying to get a handle on the latest legislation and this was echoed by a senior level person from the FDIC - "that one year after Dodd Frank, the rules
GlobalRisk Community - I will be reporting from the Enterprise Risk Management in the Banking Industry Conference this Thursday and Friday in NYC.....I will be posting the session topics later, so you will be able to direct specific questions to the
Read more…