Today’s Risk Management: Land of a Thousand Faces
Striking a balance between the prevention of excessive risk-taking, while achieving broader business goals, is one of the greatest challenges faced by banks today. The effects on risk appetite are broader than the conservative posture of the credit committee, Treasury’s investment policy, or capital limitations. Enterprise Risk Management comprises the full spectrum, including systemic risk buried within the multitude of business line, product, back-office, and geographical organizational silos.
In this Strategic Commentary entitled “Today’s Risk Management: Land of a Thousand Faces,” Speer & Associates, Inc. (S&A) looks at rigorous risk management practices being enacted today, including the raising of regulatory bars and their implications.
