Tips for Banks Considering Implementing an ERM Program

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Author: Scott McAuliffe, CPA, CISA, CFE
Source: Sageworks

Over the last year, I’m hearing more and more Bankers indicate that their Examiners are asking about the Bank’s ERM program.  Bankers have a long history of performing risk assessments but have not necessarily incorporated them all together into an ERM program.

Here is a good article from Sageworks, Inc. to get your bank thinking about implementing an ERM program: strengthening-risk-culture-for-enterprise-risk-management.aspx

About the Author

Scott leads the Firm’s Risk Advisory Services practice, which focuses on providing cybersecurity services, internal audits, information technology audits, Service Organization Control (SOC) audits, and Sarbanes-Oxley assistance. Scott focuses on providing his clients with cost effective solutions to build strong, efficient internal control systems/practices that support their strategic objectives. Read more of Scott’s insights on our blog.

More Insights from Scott M. McAuliffe, CPA, CISA, CFE

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