Mark Treichel, former Executive Director at the NCUA (National Credit Union Administration) talks with David about the NCUA's Enterprise Risk Management program and the recent release of their risk appetite statement. Topics include: - How ERM at the NCUA started under Mark’s watch in 2015 and how releasing this risk appetite statement is the next evolution of what started back then - The significance of the NCUA approving this publicly - What the different NCUA board members had to say at the board meeting about the risk appetite statement - The NCUA not taking any significant risk at this time - Is ERM getting closer to being a requirement for credit unions? Mark can be found on LinkedIn or at his website: https://www.linkedin.com/in/mark-treichel/ https://www.marktreichel.com/ https://www.marktreichel.com/podcast The video version of ERM Perspectives, including this episode, can be viewed on YouTube: https://www.youtube.com/channel/UC8IQFOIwW4ejVc7CbhajPZw

Rachel Guyselman, VP of Risk & Compliance at Credit Union 1 Alaska, discusses the play between compliance and business operations in risk management. She highlights the importance of engaging with area leaders, building a strong risk management committee, and receiving support from the board and CEO. Additionally, she talks about the unique challenges of serving Alaskan members and the power of networking for ERM programs.

Omar Ramsay, Chief Risk Officer at United States Senate Federal Credit Union, discusses his career progression, ERM team structure, partnership with Internal Audit, and leveraging Archer GRC for vendor management. They also talk about issue management, using ERM maturity model, and the importance of a strong team.

Christine Sanni, Founder & CEO of Sybal, joins David for an engaging discussion about Sybal's Proof-of-Governance™ and its relationship to Enterprise Risk Management. Topics include: - Christine's background in technology and her objective of creating better results for the human; you and I and customers and members - Sybal's vision - What is Sybal, what is governance, and what is Proof-of-Governance™? - How Sybal fits into the Risk, Governance, and Strategy ecosystem - How Proof-of-Governance™ provides real-time effectiveness data that improves the efficacy of everything we do in risk management, like risk assessments, key risk indicators, and more - How Proof-of-Governance™ improves your governance wellness and builds trust throughout all layers of the organization - The six steps that clearly describe what Proof-of-Governance™ is, and how it benefits credit unions and other regulated industries - How an organization gets started with Sybal and what that customer journey looks like Christine Sanni can be found on LinkedIn so be sure to connect with her there. Information on Sybal can be found at Sybal.io and you can email info@Sybal.io to get in contact. The video version of ERM Perspectives, including this episode, can be viewed on YouTube: https://www.youtube.com/channel/UC8IQFOIwW4ejVc7CbhajPZw

Ana Zuber, Director of Risk & Compliance at Mocse Credit Union in Modesto California, joins David in a discussion about Enterprise Risk Management. Topics include: - How Ana’s 20 years in banking are helping her build her ERM program that is less than a year old- How ERM got started at Mocse - What’s unique about ERM at Mocse and how every credit union has unique aspects of ERM - How Ana is building relationships with leaders across the credit union and the positive impact this has on risk discussions - Ana’s advice on how to get started with your ERM program and the danger of trying to mimic an already mature ERM program Ana Zuber can be reached at azuber@mocse.org The video version of ERM Perspectives, including this episode, can be viewed on YouTube: https://www.youtube.com/channel/UC8IQFOIwW4ejVc7CbhajPZw

Aaron Prater, VP of Operational Risk Management at Alloya, discusses ERM committee structure, technology projects, remote risk leadership challenges, and cooperative philosophy in risk management. He shares insights on data-driven approaches, transactional monitoring with AI, and risk discussions with member credit unions.

With nearly 34 years at NCUA and 7 as Executive Director, Mark Treichel was responsible for every aspect of this agency. Mark knows the WHO, WHAT and HOW of the NCUA decision making process. With this knowledge, Mark is now helping credit unions with anything, and everything related to the NCUA, including passing the NCUA examination. In this episode of ERM Perspectives, Mark talks with David about the NCUA and Enterprise Risk Management (ERM). Topics include: - Mark's adventures starting in consulting, during the height of the pandemic- Current NCUA priorities, such as fraud - Staffing challenges for credit unions and the NCUA - Todd Harper reappointed for a 6-year term - What’s on Todd Harper’s agenda? - How Mark helps credit unions - Will the NCUA require ERM at some point? - The catalyst for an ERM requirement by the NCUA- The NCUA's very own ERM program - Mark’s podcast "With Flying Colors" (Don't miss it!) Mark can be found on LinkedIn or at his website:https://www.marktreichel.com/ https://www.marktreichel.com/podcast  The video version of ERM Perspectives, including this episode, can be viewed on YouTube: https://www.youtube.com/channel/UC8IQFOIwW4ejVc7CbhajPZw

Janelle Burgoyne, Chief Risk Officer at SECU, discusses fraud management, risk management training, and creating a specific risk management framework for credit unions. She highlights the evolution of ERM in credit unions, success in managing fraud, challenges in ERM implementation, and the importance of collaboration in credit unions.

Kristen Scott, Chief Risk Officer at Telhio Credit Union in Columbus, Ohio, joins David in a conversation about her Enterprise Risk Management program. Kristen covers many topics such as how her department is staffed, the importance of risk culture and support from executive management, the integration of risk management into the business, and how she dealt with two credit union mergers within the past five years. Kristen closes out the conversation with some tips for how to start an ERM program and she talks about her board risk committee. Kristen can be reached at Kristen.Scott@Telhio.org if you have questions or want to reach out. The video version of ERM Perspectives, including this episode, can be viewed on YouTube: https://www.youtube.com/channel/UC8IQFOIwW4ejVc7CbhajPZw

Andrea Brooks, Vice President of Compliance and Audit at UNCLE Credit Union in Livermore, CA, joins David in a conversation about her Enterprise Risk Management program. Andrea explains how she built the ERM program by starting with the foundational elements of risk policy and risk appetite. From there she built the program in phases. She covers the headwinds you can expect to face. Also learn how she leverages summer interns, and what they get out of working at UNCLE. Andrea can be reached at abrooks@unclecu.org The video version of ERM Perspectives, including this episode, can be viewed on YouTube: https://www.youtube.com/channel/UC8IQFOIwW4ejVc7CbhajPZw