Skip to content

Risk Management Program

Question: 
What is the overall purpose of a Risk Management Program (RMP) in banking?
Answer: 

Typically the purpose of any RMP should result in a stable, healthy and competitive institution for its customers, employees, and Board. Depending on the size, complexity, and geographic diversity will determine the sophistication required for an institution's RMP. Remember, staff responsible for implementing the risk management program must perform those duties independent of risk-taking activities for an RMP to be successful.

Vendor: 

First published on 02/07/2011

Filed under: 
Filed under compliance as: 

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics