Community banks are at a disadvantage to larger institutions when it comes to meeting the increasing demands of compliance and operational risk. Seldom are community banks able to dedicate a single resource or team to this critical role. Risk appetite impacts banking strategy, capital allocation and risk, and is a shared responsibility across all departments and disciplines. And because every bank and management team assesses risk differently, we design customized ERM programs that are aligned with your bank’s unique business focus, complexity, and size.
Working with your business leaders and subject matter experts, we will evaluate the cost-benefit of risk management efforts and assist with developing supporting articles such as policy statements, key risk indicator calibration, and summary governance reporting. Together we create a uniformly understood approach to risk.