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Insightful blogs and articles related to banking and financial services operations across mortgages, financial crime, commercial lending, and more.

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Enterprise Risk Management

Credit Portfolio Management – Challenges and Strategies

Credit Portfolio Management (CPM) is a key function for banks and financial institutions. It consists of a critical set of...

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Enterprise Risk Management

What is Model Risk Management (MRM) in Banking and Finance?

Model risk occurs due to a potential flaw or performance gap in the internal control model, which financial institutions use...

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Enterprise Risk Management

Operational Risk Management (ORM) in Financial Services

Operational risks present extreme complexities to mitigation strategies due to diverse and volatile risk factors that span multiple aspects such...

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Enterprise Risk Management

Credit Risk Management Processes, Best Practices & Techniques

Credit risks can severely impact a bank’s financial stability and reputation and can appear in many forms such as loan...

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Enterprise Risk Management

Credit Risk Management in Banking: Challenges and Solutions

Credit risk is one of the significant risks for banks and financial institutions across the globe, and it can lead...

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Enterprise Risk Management

A Guide to Credit Risk Management for Banks and Financial Institutions

Credit risk is a major financial risk that occurs when a borrower or entity fails to repay the owed principal...

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Enterprise Risk Management

Internal Control Testing: 10 Best Practices for Banks

Control testing assists banks and financial institutions to evaluate their internal controls, including corporate governance & accounting processes, to mitigate...

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Enterprise Risk Management

How to Implement Control Testing Programs to Mitigate Risks in Banks

Internal controls help banks and financial institutions detect mistakes, fraud, and non-compliance, and reduce risks. In addition, control testing plays...

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Enterprise Risk Management

The Role of Control Testing in Mitigating Enterprise Risks in Banking

Banks and other financial institutions face a wide range of enterprise risks that can impact their operations, financial stability, reputation,...

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Enterprise Risk Management

Best Practices for Effective Governance, Risk, and Compliance Management

The banking industry has experienced some of the most unprecedented transformations in recent years. To navigate the complex regulatory landscape...

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Enterprise Risk Management

Risk Management Lifecycle for the Banking Industry

A comprehensive understanding of the risk management lifecycle and risk management strategies is critical to addressing the risks and threats...

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Enterprise Risk Management

Governance, Risk, and Compliance in the Banking Industry

Governance, Risk, and Compliance (GRC) refers to organizations’ strategy for corporate governance, risk management, and compliance with government laws and...

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Enterprise Risk Management

Benefits of Enterprise Risk Management in the Banking Sector

The financial sector is one of the most risk-prone industries, and banks are at the forefront of this risk. Banks...

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Enterprise Risk Management

How to Overcome Potential Challenges in ERM Implementation

Enterprise Risk Management (ERM) is a top-down approach to managing organization-wide risks, ensuring profitability, performance, and regulatory compliance. The practice...

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Enterprise Risk Management

Compliance Risk Management (CRM) in Banking Industry

Compliance refers to how a bank or any other organization adheres to applicable laws, policies, and regulations in the jurisdiction...

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Enterprise Risk Management

4 Key Components of a Robust ERM Framework for Financial Institutions

An enterprise risk management framework (ERMF) is a template or guideline that enables a systematic approach to identify, analyze, and...

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Enterprise Risk Management

The Three Lines of Defense Model in Risk Management

Developed by the Institute of Internal Auditors in 2013, the three lines of defense model (3LoD/TLoD) is one of the...

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Enterprise Risk Management

Enterprise Risk Management (ERM) in the Banking Industry

Enterprise Risk Management (ERM) in the banking industry refers to risk management strategies and systems to identify, manage, and prepare...

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Enterprise Risk Management

4 Key ERM Frameworks to Manage Cybersecurity Risks in Banking

Banks and financial organizations encounter unique challenges and risks in their line of business. Unexpected threats and risks arising from...

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Enterprise Risk Management

9 Types of Enterprise Risks in the Banking Industry

Enterprise risk management refers to the process and systems in place to identify the risks and provide solutions to manage...

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