Performing an Enterprise Risk Assessment

Quick Reference Guide

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An institutional risk assessment is a measure of the potential threats at, and for, your financial institution. This includes any factors that affect the regulatory compliance and fraud risk health of your organization.

The assessment should drive and shape your policies and procedures, which are designed to manage and mitigate the risks your FI takes on.

In this quick reference guide:

  • three steps to perform an institutional risk assessment
  • tips and tricks
  • example risk assessment
  • questions to ask yourself
  • helpful hints for managing risk

Tagged as...

  •   BSA/AML Compliance
  •   CDD/EDD
  •   High-Risk Customer Management
  •   Vendor Management