Community banking requires the systematic management of a broad-range of risks, from credit and liquidity risk to strategic, reputational, and more. Managing all the risks that you face on a daily basis can often be complex, challenging, time consuming, and unique to your institution. Despite this, there is a growing demand from regulators, auditors, and shareholders for a robust and comprehensive enterprise risk management (ERM) program in banks of all sizes.
Our solution will provide you with valuable information regarding your bank, including your current risk profile and strategies to improve your risk profile and financial performance. Bankers’ Bank has supported community banks for more than 40 years and has over 100 + years combined staff experience managing risk at community banks.
Our new enterprise risk management solution, ERM Advisor, offers CRO level support services and tools to help you better identify, measure, manage, and present risk across your entire organization.
Bankers’ Bank has partnered with Strategic Risk Associates (SRA) to develop a cost-effective tool, ERM Advisor, designed to assist community banks in building an enterprise risk management program. SRA is made up of former bankers well-versed in managing risk in the banking industry and are dedicated to developing a best-in-class risk management platform.
As a CRO support service, we work with your staff to build and grow an effective enterprise risk management program at a pace that works just for you. Our quarterly support services include inputting quarterly data into your model, preparing your quarterly risk reports, reviewing the results of the model with you, and assisting in the evolution of your enterprise risk management program.
Significantly reduce the time and resources required to maintain and evolve a custom ERM program.
Our reports are concise and easy to understand. Dashboards provide the Board of Directors and Management with the information they need to better understand and manage the overall risk profile of the bank as well as the detailed status of each of the individual risk categories. The dashboard utilizes an intuitive color coding system so you can easily identify areas of opportunity and concern.
Drill down into the specifics of each risk category so you can further identify the attributes and indicators that truly matter.
At Bankers’ Bank we are also bankers and understand the risks and challenges you are facing. In addition to our risk management team, you will have access to the entire team at Bankers’ Bank. We can provide you with subject matter experts not only in enterprise risk management, but within each risk category.
We believe in the value this system creates, which has proven itself to us through years of utilization.
Through ERM Advisor, you will have a more comprehensive understanding of the risk profile of your bank. This will allow you to better identify actions and strategies that you can employ to improve the performance and value of your institution.
Tie together your risk information, policy limits, risk appetite, and strategic initiatives all into one tool.
Strengthen your regulatory communication and risk posture
ERM has been an increasingly hot topic among regulators and external auditors. Not only does ERM Advisor provide valuable information to your management team, it also provides evidence and support to your regulators and auditors of the thoroughness of your risk framework.
Articulate your strengths and be more specific when improvements can be made.