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Enterprise Risk Management and Corporate Governance

The ability of the community bank boards and management to assess risk on a current as well as prospective basis is critical to properly identifying, measuring, monitoring and controlling risk.  For the community bank today, most are diligent in managing individual risks and exposures, but often are less diligent in assessing aggregate risk exposures. Also challenging the process is that risk management techniques for the community bank are not a "one size fits all" program but are expected to be designed specifically for the risk characteristics of the institution.  Therefore, corporate governance strategies must be calibrated based on product offerings, size and growth, footprint, expertise and talent, corporate structures, internal controls practices and audit programs, and 3rd party affiliations, among others.

 

The strength of the bank's corporate culture, as well as its "people" management systems, is also integral to supporting sound risk management techniques. ERM and corporate governance practices often contributes to a bank's bottom line performance, and stronger attention of these practices by regulatory authorities make this issue of growing importance to the community bank management and its directorate. Visit with the experienced staff at Bank Strategies LLC to create a risk management program designed specifically for your bank's risk profile needs.


  • Corporate governance structure review and consultation

  • Enterprise risk management assessment and consultation

  • Scorecard development and management information systems assessment

  • Audit assessment and coverage

  • Director training

  • Board/CEO performance evaluation/assessment

  • Corporate record consultation (Board and Committee minutes)

  • Cultural support of ERM and corporate governance practices


Newsletter

Bank Strategies, LLC produces a periodic email covering a variety of topics including those shown on this web site in the "Our Thoughts" tab plus others that we do not add to this web site.  If you would like to be added to our email list, please email Jim Swanson at Jim@bankstrategiesllc.com with the term "Subscribe me" as the subject line of the email.  Thank you.

 

Contact Information:

Phone: 303-903-9369

Mail: 75 S. Joyce Street, Golden, CO 80401

EMail: Jim@bankstrategiesllc.com