Enterprise Risk Management – Trust NO ONE???

CECL – To Pool or not to Pool

That is the question.  The (current) incurred loss methodology strongly encourages pooling loans.  Most financial institutions only conduct an individual evaluation on impaired credits, although technically you can individually evaluate an unimpaired credit and...
Enterprise Risk Management – Trust NO ONE???

Keeping your risk program fresh and exciting

Risk and marketing share many of the same traits.  You could take the marketing adage, “Half of all marketing works.  We just don’t know which half”, and easily swap out the word marketing for risk.  The big difference comes in the fact that a marketing program gets...
Enterprise Risk Management – Trust NO ONE???

How Certain are you about your Uncertainties?

When you look at how risks are identified you see terms like inherent and residual or impact and likelihood but you rarely see the explicit use of the concept of uncertainty.  Inherent and residual risk, for example, refer to the raw risk before controls and the left...