What Financial Organizations Need to Know About Risk

Skills and Scale
What Financial Organizations Need to Know About Risk

As financial services organizations merge from the most severe economic rupture in generations, many are making efforts to respond to the heightened expectations of multiple stakeholder groups. Among these expectations is the initiative captured by the phrase "getting to strong." This expression originates primarily from the methods for evaluating risk management practices in banks from the Office of the Comptroller of the Currency (OCC). Bank Director magazine talked recently to Cory Gunderson and Tim Long, both managing directors with risk and business consulting firm Protiviti, about specific regulatory expectations and what bank management should focus on.

 

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