Wilkes Hardin, VP at WSECU talks Enterprise Risk Management
ERM Perspectives
Evolution of Enterprise Risk Management in a Credit Union
The chapter explores the journey of the Enterprise Risk Management program within a credit union, from its inception as an Excel-based system to its current utilization of GRC software and COSO standards. It focuses on the transition towards proactive risk management following the COSO framework release, the integration of compliance management into risk oversight, and the importance of establishing risk appetite guidelines for organizational success and growth.
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