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7 Best Practices for Aligning Fintech With Your Business Strategy

7 Best Practices for Aligning Fintech With Your Business Strategy

Fintech is one of the buzziest trends in financial services right now, and no financial institution wants to be left behind.

Mar 3, 2020 2 min read
Why the OCC Is Like a Peanut Butter Cup and Other Podcast Insights?

Why the OCC Is Like a Peanut Butter Cup and Other Podcast Insights?

Want to hear about OCC plans, initiatives, and priorities right from the OCC right from the source? You’ve got it!

Feb 20, 2020 3 min read
Are You Making Risk Management Decisions with Your Heart or Your Head?

Are You Making Risk Management Decisions with Your Heart or Your Head?

Whether we want to accept it or not, every person carries her own background and experiences into risk management decisions.

Feb 13, 2020 3 min read
How Lincoln Reduced Financial Risk with the Creation of a National Banking System

How Lincoln Reduced Financial Risk with the Creation of a National Banking System

Let’s take a minute to reflect on the amazing accomplishment that is our national banking system and the ways it reduced financial risk.

Feb 11, 2020 3 min read
Fintech Risk Management & the Fed

Fintech Risk Management & the Fed

Which financial institutions do the best job managing fintech relationships? See what the Fed has to say about fintech risk management.

Dec 31, 2019 2 min read
OCC: Lack of Risk Management Leads to Enforcement Actions

OCC: Lack of Risk Management Leads to Enforcement Actions

Lack of appropriate governance, oversight, and risk management systems and controls are the leading cause of enforcement actions according to the OCC.

Dec 12, 2019 3 min read
A Regulator's Holiday Wish List for the Year Ahead

A Regulator's Holiday Wish List for the Year Ahead

We’ve been taking notes at industry conferences/meetings and know exactly what a federal regulator is hoping you’ll get them this year.

Dec 10, 2019 2 min read
The Difference Between Data Privacy and Security

The Difference Between Data Privacy and Security

Data privacy and security has been getting a lot of press as the industry looks ahead to when the new consumer privacy law takes effect January 1.

Dec 3, 2019 2 min read
Don’t Fear Artificial Intelligence: A Primer for AI in Risk & Compliance Management (Part 1)

Don’t Fear Artificial Intelligence: A Primer for AI in Risk & Compliance Management (Part 1)

Does the phrase “AI in risk and compliance management" conjure up images of robots taking over the world—or worse yet, replacing

Nov 21, 2019 5 min read
Risk Management Aids Prep for Risk-Focused Exams

Risk Management Aids Prep for Risk-Focused Exams

Risk management helps financial institutions anticipate and guard against all kinds of risks. But did you know it can also help prepare for exams?

Nov 7, 2019 3 min read
A Risk Assessor Origin Story Courtesy of Stephen King’s IT

A Risk Assessor Origin Story Courtesy of Stephen King’s IT

Movies are chockfull of superhero origin stories, but what about us regular risk management folks?

Oct 31, 2019 4 min read
Have You Prepared for Climate Change Risk?

Have You Prepared for Climate Change Risk?

What is your bank doing about climate risk and its potential impact on loans, investments, and operations?

Oct 2, 2019 2 min read
Ignore KRIs & KPIs at Your Own Peril: Best Practices for Key Risk Indicators

Ignore KRIs & KPIs at Your Own Peril: Best Practices for Key Risk Indicators

Stop me if you’ve heard this story before. Significant management turnover at a $1B FI, and new management is eager to make an impact. The solution:

Sep 4, 2019 3 min read
Summer Blockbusters Revisited: Assessing My Risk Assessments

Summer Blockbusters Revisited: Assessing My Risk Assessments

When it can cost nearly $100 to take a family of four to the movies (including snacks, of course), you don’t want to risk wasting your cash on a so-so movi

Aug 30, 2019 4 min read
Is Your Institution Prepared for These Emerging Risks?

Is Your Institution Prepared for These Emerging Risks?

Across the business world, businesses in all industries are worried about the pace of change...

Aug 26, 2019 2 min read
6 Silo-Busting ERM Tips

6 Silo-Busting ERM Tips

How do seasoned risk professionals fight risk management inertia? They find ways to dismantle silos and develop processes to spark discussion about risk

Aug 20, 2019 2 min read
What are the Three Lines of Defense in a Compliance Management System?

What are the Three Lines of Defense in a Compliance Management System?

Learn the essential definitions of a compliance management system (CMS), and what the three lines of defense really are.

Jul 24, 2019 6 min read
The Risk Management/HR Connection

The Risk Management/HR Connection

How often do you engage with human resources? Risk managers may not give a lot of thought to human resources, but they should.

Jul 24, 2019 3 min read
Are You Using a Data-Driven Approach to Compliance Risk?

Are You Using a Data-Driven Approach to Compliance Risk?

Make sure that your risk management metrics are keeping up with the outside world, and help your institution separate fact from perception.

Jul 11, 2019 2 min read
OCC: Operational Risk Remains Elevated

OCC: Operational Risk Remains Elevated

The only certainties in life are death and taxes, but I can think of one more thing: risk.

Jun 6, 2019 2 min read
Creating Value with A Culture of Risk Management

Creating Value with A Culture of Risk Management

Many bankers think the concept of a “risk management culture” is thought exercise. It’s the kind of psychobabble that takes up time that could be dedicate

May 30, 2019 3 min read
4 Key Risks Facing the Banking Industry, According to the OCC

4 Key Risks Facing the Banking Industry, According to the OCC

As the banking industry has undergone major changes, the top risks have also evolved. Here are the four biggest risks facing banks today, from the OCC.

May 22, 2019 7 min read
GAO Grades Regulatory Agencies on Risk Management Supervision

GAO Grades Regulatory Agencies on Risk Management Supervision

The board will consider whether there are specific factors Federal Reserve staff should consider when escalating supervisory concerns.

May 21, 2019 2 min read
Wishing for More Regulatory Tailoring? You’ll Love Risk Management

Wishing for More Regulatory Tailoring? You’ll Love Risk Management

In a world where bankers feel overwhelmed and disadvantaged by a seemingly one-size-fits-all regulatory environment, there remains one place where a fina

May 16, 2019 4 min read
We Listen So You Don’t Have To: FDIC’s Crisis & Response Podcast

We Listen So You Don’t Have To: FDIC’s Crisis & Response Podcast

What went down during the financial and banking crises, and what did the FDIC learn from it? The FDIC has released a 7-part podcast.

May 6, 2019 3 min read
Do Small Institutions Need Risk Management?

Do Small Institutions Need Risk Management?

Risk management isn’t just for large institutions. The case can be made that it’s even more important for smaller FIs to address risk management.

May 2, 2019 3 min read
Game of Thrones: Risk Assessing The Iron Bank

Game of Thrones: Risk Assessing The Iron Bank

Game of Thrones has returned for its final season! In honor of the ending of this series, let’s identify the biggest risks facing The Iron Bank of Braavos.

Apr 17, 2019 5 min read
Risk Management: Knowing When It’s Time to Start Again

Risk Management: Knowing When It’s Time to Start Again

How can you tell if a risk management program needs to be totally reinvented? The benefits of a complete overhaul can often outweigh the inconvenience.

Mar 12, 2019 2 min read
3 Tips for Avoiding UDAAP Violations

3 Tips for Avoiding UDAAP Violations

If you've ever wondered how to avoid unfair, deceptive, or abusive acts or practices, this post is for you! You'll see three great tips to help you...

Feb 25, 2019 3 min read
Is the Absence of Risk Stunting the Next Generation of Risk Managers?

Is the Absence of Risk Stunting the Next Generation of Risk Managers?

If we don’t give children the opportunity to encounter reasonable, relatively low-stakes risk, how will they be prepared for risk at the enterprise level?

Feb 22, 2019 3 min read