ERM 101: What’s COSO, and Why Should I Care?
When it comes to enterprise risk management, the leading voice is COSO. Read on for COSO FAQs to learn what COSO is and why you should care about it.
Regulatory Compliance in 2023: We Answer Your Top 5 Questions
Regulatory compliance experts help you get exam ready and talk about the top 8 areas examiners will be looking at
ERM 101: What’s Your FI’s Risk Appetite?
Enterprise risk management at financial institutions starts with a board-defined risk appetite
Training Enterprise Risk Management Heroes – Maximizing the Board & C-Suite
Understanding the role the board, CEO, CFO and Chief Risk Officer (CRO) play in Enterprise Risk Management (ERM) and why the C-suite needs to be proactive
ERM: Making the Connection
One of the most frustrating things about the banking world (and life in general) is that there is often a disconnect between how things should be
Ncontracts Launches New Call Report KPI’s for Leading ERM Software
The leading enterprise risk management software used by thousands of financial institutions just got better with new call report functionality.
Pivot! How to Build a Strategic Plan that Evolves With Your Financial Institution
Emerging technology, evolving consumer demands, and sudden market shifts have given new priority to pivoting for many financial institutions.
How Banks and Credit Unions Can Maximize Fintech Partnerships
What do FIs need to know before signing off on an operational technology fintech partnership? Here are 3 steps in creating efficiencies with fintechs.
Ask a Risk Manager: How Can Risk Management & Compliance Work Together?
How can risk management and compliance work together as partners at a financial institution?
How to Lighten Your Vendor Management Workload
Here are the most effective ways to lighten your vendor management workload while still ensuring your vendors are properly managed.
8 Features to Look for in a Business Continuity Solution
You can use these highlights to understand the landscape, proactively review your institution, and make changes to avoid criticism in your own program.
6 Features Your FI Needs in a Risk Management Solution
Here are 6 features to identify, assess, mitigate, and monitor risk, through an effective enterprise risk management (ERM) solution.
How Should the 3 Lines of Defense Work in a Vendor Management Program?
The Three Lines of Defense helps banks, credit unions, mortgage companies and fintechs build and effectively manage the vendor management lifecycle
Lending Compliance: Building Up the Three Lines of Defense
A financial institution’s lending compliance management system must effectively guard the FI against unnecessary risk with these three lines of defense.
5 Ways to Show Your Files Some Love—and Better Manage Risk
In honor of National Love Your Files Week (September 21-25), we’re sharing our top five tips for making file management simpler and more efficient
Your Risk Assessment Process Questions Answered
What really goes into the risk assessment process? Your questions answered.
FIs & Consumer Groups Agree: New GSE Mortgage Fee Is Not Fair
Financial institutions and consumer groups are in an uproar and both agree the new GSE fee on mortgage refinances is not fair.
Board & Management Fail: Operational Risk Management Weaknesses Leads to $80 Million Fine
Capital One's board and management correct operational risk management weaknesses that led to $80 million fine after database was breached.
COVID-19 Loan Relief: 3 Risk Management & Fair Lending Tips
Financial institutions have been working with borrowers struggling as a result of the COVID-19 pandemic. Here are 3 risk management and fair lending tips.
Improve Your Audit Plan With 5 Key Risk Management Principles
It can be hard to figure out where an audit plan should begin. Here are five key risk management principles to focus on to improve your audit plan.
4 Ways to Improve Risk Management When Risk Is High
Risk management is an active and ongoing process. Here are four ways to improve risk management when risks are high.
Which Hamilton Character Is Your Right-Hand Man?
Take this fun quiz to find out which Hamilton character would be your right-hand risk manager.
4 Ways To Use Complaint Data To Improve Risk Management
They serve as warning signs when there is a problem with your financial institution’s compliance and risk management programs.
FFIEC: Risk Management Is Essential To Safe & Sound Cloud Computing
From the model used to risk appetite and the complexity of a financial institution’s operations, FIs need to understand how their specific cloud-computing
A Little Monday Inspiration: The Banking Heroes We Need
We all need a little inspiration to brighten these difficult days. I got a dose last week from this story in The Washington Post about how nimble banks
How to Lead During a Pandemic: A Conversation with Marcia (“Marci”) Malzahn
The pandemic activated every single risk. Right now, bankers are dealing with credit, liquidity, interest rate, earnings, capital, and human resources.
CU Broadcast Interview Michael Berman on Third-Party Risk and COVID-19
That’s the question Mike Lawson from CU Broadcast had for Ncontracts CEO and Founder Michael Berman.
Pandemic Preparedness & BCP Department-by-Department Series: COVID-19 & the Frontline, Back Office & Marketing (Part 2)
In this second blog in Ncontracts’ series breaking down key operational risk considerations department-by-department, we’re addressing three departments:
Covid-19 Risk Management: Balancing CRA & Fair Lending
The Federal Reserve Board, the FDIC, and the Office of the Comptroller of the Currency encourage financial institutions to work with affected customers
FDIC Updates RMS Manual: What Does That Mean for Risk Management at Your FI
Compliance isn’t just about following rules. It’s about thoughtfully managing risk.