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#1178626 - 05/07/09 10:07 PM Enterprise Risk Management
Loling Offline
New Poster
Joined: May 2009
Posts: 6
Guam
I've been recently tasked as the ERM project officer. I'm new at this and need some directions on how to get started. I'm also wondering if any have ERM at your banks? I could use all the suggestions and or any references.

Thanks,

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Risk Management
#1180147 - 05/11/09 02:10 PM Re: Enterprise Risk Management Loling
Skyline Offline
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Skyline
Joined: Sep 2005
Posts: 589
http://www.federalreserve.gov/boarddocs/srletters/2008/sr0808.htm

The guidance clarifies certain policies regarding compliance risk management programs and oversight at large banking organizations with complex compliance profiles including guidance addressing:
Organizations that should implement a firmwide approach to compliance risk management
Independence of compliance staff
Compliance monitoring and testing
Responsibilities of boards and senior management
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#1204334 - 06/19/09 02:50 PM Re: Enterprise Risk Management Skyline
Jerseygirl Offline
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Joined: Apr 2005
Posts: 684
Jersey Shore
If one of your ERM projects is to complete a Risk Assessment you may want to look at the OCC Appendix A - this is what we used to start our process.

http://www.occ.gov/handbook/cbsh2003appendixes.pdf

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#1206521 - 06/24/09 07:26 AM Re: Enterprise Risk Management Jerseygirl
Loling Offline
New Poster
Joined: May 2009
Posts: 6
Guam
Skyline and Jerseygirl, Thanks for your response.

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#1223002 - 07/27/09 08:19 PM Re: Enterprise Risk Management Loling
CEK Offline
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Joined: Jul 2009
Posts: 34
GA
To advertise you must contact Tobi@bankersonline.com. Advertising your product here, unpaid, cheats those vendors supporting this site.
Last edited by Andy Z; 07/28/09 09:35 PM.
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#1239790 - 08/26/09 07:40 PM Re: Enterprise Risk Management CEK
Still Smiling Offline
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Joined: Nov 2007
Posts: 767
Need to revive this one if I could. Is this also a requirement for State Chartered banks regulated by FDIC?
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