Abrigo

MAY 20, 2022

Meet Model Risk Management Expectations Updates to the FDIC Risk Management Manual should steer institutions toward a model that manages risk and drives growth. Takeaway 1 Aside from meeting examiner expectations, proper model risk management can protect your institution from unnecessary risk. .

Risk Management 195

Risk Management Management FDIC Meeting 195

Abrigo

SEPTEMBER 20, 2023

Understanding AML compliance and regulatory expectations. AML compliance is not for the faint of heart. Takeaway 1 Understand the risks associated with your customers beyond the surface level. Takeaway 2 Identify concentrations of risk and try to level out potential clusters. Here are a few tips to help along the way.

Compliance 150

Compliance Regulation Miami Fraud 150

Abrigo

MARCH 21, 2023

WATCH Takeaway 1 Earning more income and mitigating interest rate risk isn’t as simple as charging higher rates on loans and earning higher rates on the investment portfolio. Takeaway 2 Some banks and credit unions were late movers and are now scrambling to lock in funding for the short term to meet liquidity and capital needs.

Risk Management 195

Risk Management Management Strategy Lending 195

Abrigo

DECEMBER 5, 2023

AML Compliance Ten qualities of a successful BSA officer Hiring a Bank Secrecy Act (BSA) Officer for a financial institution involves looking for a unique experience level and skillset that ensures compliance with the BSA and related regulations. This includes training staff on BSA/AML policies and fostering a culture of compliance.

Training 221

Training Compliance Regulation Software 221

Insights on Business

OCTOBER 21, 2017

It’s now possible to leapfrog manual compliance processes and keep pace with regulatory change by employing advanced capabilities including cognitive computing. Promontory Financial Group, an IBM subsidiary that specializes in risk management and regulatory compliance, has trained Watson on regulatory content.

Compliance 105

Compliance Leadership Risk Management Georgia 105

Cisco

OCTOBER 4, 2022

The booklet carves out responsibilities for different roles within an organization, from board and senior manager responsibilities, to chief architect and operations management responsibilities. Some of these roles include: Board and Senior Management – responsibilities include strategic planning, and enterprise risk management.

Operations 118

Operations Software Risk Management Management 118

Abrigo

DECEMBER 5, 2016

Demand for effective cyber risk management is so strong that the AICPA is developing common criteria for CPAs to use as they help clients evaluate their programs and efforts. Here are eight actions Larkin and other IT pros recommend to build awareness and reduce risks: 1. Ensure leadership buy-in.

Cyber Security 150

Cyber Security Security Software Meeting 150