Tag: risk management

FDIC Proposes Retiring Half Its Risk Management FILs—But Don’t Get Too Excited

It sounds like every banker’s dream come true. The FDIC has proposed retiring 374 of the 664 risk management supervision-related…

Free Your Inner Luddite & Find Risk Management Peace

Luddite is not a flattering term. The Oxford English Dictionary defines it as “a person opposed to new technology or…

Discovering a Vendor Data Mistake: A Lesson from the Fiserv Flaw

Have you ever swapped out a number or letter in a URL to skip to another page? Cybersecurity researcher and…

Poor Vendor Risk Management Costs Bank $4.75 Million

Compared to other agencies, the Federal Reserve hasn’t handed down very many enforcement actions for unfair and deceptive practices violating…

How to Set Up a Risk Committee

Risk management is all about knowledge. It’s about knowing the threats and opportunities across the enterprise and leveraging that information…

Risk Assessments 101: The Role of Probability & Impact in Measuring Risk

Assessing risk can feel like a subjective task. Many bankers make a gut call, acting as the institution’s de facto…

Which Risk Manager Would You Hire? Game of Thrones Edition

It’s just not summer without Game of Thrones. There’s nothing like sitting in a dark, air-conditioned room and traveling to…

How Confident Is Your CFO When It Comes to Managing Risk?

When it comes to managing risk, many CFOs have a long way to go. A worldwide survey of finance leaders…

Examining the Examiner: What the OIG Has to Say About the FDIC

Your regulator may seem like an all-powerful force, but everyone answers to somebody. In the case of the FDIC it’s…

Risk & Vendor Management: The Role of Committees vs. Departments

When it comes to risk and vendor management, both the board and management have specific roles to play. The board…