About: Sarah Hamilton
This author has not yet filled in any details.Risk Management Plan: A Guide for Banks and Credit Unions
A written risk management plan is the artifact bank examiners ask for first, yet most institutions do not treat it as the operating document it needs to be. The OCC Heightened Standards, the FFIEC IT Examinatio...
Insurance Risk Management: 2026 Carrier-Side Guide
Most content addresses the buyer side of insurance risk management (how a corporation manages business risk by purchasing coverage). That is corporate risk transfer, but insurance risk management means somethin...
What Is Operational Risk Management? 2026 Definition for Banks
Operational risk management is the discipline of identifying, assessing, monitoring, and controlling losses that arise from inadequate or failed internal processes, people, and systems, or from external events....
Enterprise Risk Management Software for Banks: 2026 Guide
The software market sized for general industry has not always reflected what financial institutions need, such as pre-mapped regulatory libraries, examiner-ready reporting, and integrations with core banking ...
The Need for Integrated Compliance and Risk Management
Most banks and credit unions still run compliance and risk management as parallel programs. Examiners increasingly expect the opposite: a single, coordinated view of obligations and exposures. That shift is w...
Understanding Cybersecurity Risk Management for Banks
The financial impact of severe cyber incidents in the banking sector quadrupled between 2017 and 2023 to an estimated $2.5 billion, according to a 2024 International Monetary Fund analysis of financial sector...
What Is a Risk Assessment? Complete Guide for Financial Institutions
One of the first documents examiners request is evidence of documented risk assessments. Institutions that cannot produce them routinely receive Matters Requiring Attention. Yet risk assessment practices vary...
Building an Effective Remediation Plan in Financial Compliance
Regulators from the OCC, Federal Reserve, and FDIC consistently flag deficiencies in issues management during examinations. Without a structured issues management strategy, findings accumulate into exam esc...
What is Issues Management? A Guide for Financial Institutions
Issues management is the structured process of identifying, documenting, assessing, prioritizing, and resolving problems that have already materialized within an organization. Unlike risk management, which...
Continuous Control Monitoring for Banks
A compliance gap discovered during a quarterly audit is a compliance gap that has been open for months. For financial institutions under growing regulatory scrutiny, that lag between control failure and detec...