Objective: Shift risk management from a transactional oversight role to a core values-driven function focusing on accountability, transparency and customer-centricity. Approach: Define a specific ...

As financial institutions grapple with heightened regulatory scrutiny, volatile macroeconomic conditions and increasing model ...

For example, in large corporations, investing in AI is a strategic way to optimize performance and future-proof operations.

Asset and Liability Management (ALM) is no longer the quiet function operating behind the scenes. It has become a core pillar ...

For example, inherent risk for Customer Credit is assessed as 300, but if the controls over Customer Credit are working as they should the level of risk (i.e., residual risk) is reduced to 50.

A survey report that focuses on enterprise risk management (ERM) and offers tools for risk practitioners is the focus of this episode of the JofA podcast.. The 14th edition of The State of Risk ...

One of the problems with many risk management functions, as I see it, is their reporting structure. The ideal is viewed by many (including regulators) as reporting directly to the board or a ...

Organizations require strategic insights to power data-driven risk management decisions that help them to anticipate, prepare for, respond to, and learn from disruptions; minimize downtime; and ...

Internal Audit functions will need to provide objective and independent assurance to the Board and senior management on the effectiveness of the management of D&I as a non-financial risk, and the ...

Deutsche Bank headquarters in Frankfurt. The bank announced broad changes to its management structure as it prepares for the departures of its chief risk officer and chief operating officer.