Organizational Architecture

The evolving nature of risk includes organizational challenges with respect to the role and “place” of the risk department and the Chief Risk Officer and/or Risk Manager and the relationship between risk and internal audit. We have worked with many clients and their respective board-level Audit Committees to address this maturing discipline.

Our CRO’s Watchlist and ERM maturity model have been utilized to help institutions focus on enterprise risk management development.

Policies

At last count, there appear to be well more than 50 distinct policies envisioned by regulators as governing our institutions. Annual update and review is a critical part of any bank’s year. We would be pleased to assist your institution with this process.

Interim Officer - Executive Search

Interestingly, our risk and systems work has occasionally placed one of us in a position to fill a gap, or bridge a transition when personnel exit an institution, leaving key officer-level positions vacant. In past years, we have served as interim CFO or Controller, CRO, and CIO, “filling the seat” and assisting with the executive search, interview, vetting, hire, and transition.