22min chapter

ERM Perspectives cover image

Omar Ramsay, Chief Risk Officer talks Enterprise Risk Management

ERM Perspectives

CHAPTER

Building an Enterprise Risk Management Program in a Credit Union

Discussion on the membership of the credit union, approaches to issue management, challenges in building an ERM program, the use of a maturity model, updating the RIMS model, team collaboration, obtaining buy-in from the board and senior management, establishing a chief risk officer role, and the quantification aspect of risk management.

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