Risk Management Direction from the OCC
Semiannually, the Office of the Comptroller of the Currency (OCC) publishes its perspective on risk management in the financial services industry. This session will analyze the following key risk themes that the OCC’s National Risk Committee (NRC) has identified thus far in 2017:
- Strategic risk and achieving strategic goals
- Operational risk
- Compliance risk
- Regulatory change
- Consumer compliance risk
In the webinar, we will share how these risks are being generally managed and compare that to how best-of-breed financial institutions are effectively and efficiently addressing these risks – often with great benefit to their institutions.
Additionally, we will address how increased risk and compliance demands, as well as heightened public attention, are, in general, increasing compliance costs and putting pressure on earnings. Attendees will learn how best-of-breed financial institutions are effectively battling that cost pressure, while gaining a competitive advantage over other institutions.