Risk Insights Resource Center
Displaying 54 results
Five Pillars of Generative AI Governance in Financial Services
January 3, 2025
GenAI-specific risks must be effectively addressed to ensure that the technology is fairly, responsibly and transparently implemented.
Elevating Risk Management: The Imperative of Continuous Monitoring
December 20, 2024
Non-financial risks, like operational, cybersecurity and reputational threats, are exceedingly difficult to quantify. Instead of relying on ...
Lost in Space: Risk at the Next Frontier
November 15, 2024
The case of the “stranded” astronauts, and other takeaways.
Keeping It Simple: A Quick Guide to Effective Risk Identification
November 1, 2024
Comprehensive, successful risk management requires proactive identification, assessment and mitigation of threats. What steps can financial ...
Avoiding the Risk Management Growth Trap
July 19, 2024
Banks that grow too fast are prone to failure, especially when they lack proper governance and risk management frameworks. But there are steps they ...
The Art of Distinguishing Real Risks from Pretenders
July 19, 2024
Risk managers today seem to allocate a lot of time to extreme “what if” tail-risk scenarios. Geopolitical risk is now the conjectural topic du jour, ...
How to Mitigate Risk and Improve Decision-Making via Probabilistic Thinking and Rare Events Modeling
June 7, 2024
Risk managers must acknowledge the role that chance plays – particularly in extremely unlikely events – to reduce risks and to make better, more ...
Navigating the Unknown: Manage Geopolitical Risk Proactively
April 26, 2024
Acknowledge complexity and uncertainty and prepare for various disruptive scenarios, a leading risk analysis and intelligence executive advises.
Corporate Treasury Power Play: Strategic Moves to Maximize M&A Success
April 19, 2024
When preparing for a merger or acquisition, the treasury team can actively shape its success, assuming a pivotal role in the due diligence, ...
The Bottom Line on Trust: Institutions Can't Count on It
March 8, 2024
The public has soured on government and politics, media and the corporate world. For banks, it will take “all hands on deck,” from “resiliency teams ...
Coming Up Short: Risk Management Deficiencies of the UN's Interim Report on AI Governance
February 16, 2024
The United Nations' proposed governance of artificial intelligence is welcome, but it lacks risk management necessities, and a more structured and ...
Forecasting 2024: Risk Trends and Predictions
February 5, 2024
Hear from Moody’s Analytics’ Cris deRitis about geopolitical risk, cybersecurity, political unease, supply-chain threats, and other key issues that ...
Risk Management Forecast for 2024: Defining Trends and Ways to Prepare
January 26, 2024
Amid continuing economic and market uncertainties, conduct regular risk assessments, understand models and their limitations, and be ready to respond ...
Artificial Intelligence Poses Difficult Questions for Corporate Boards. It Can Also Improve How They Work.
January 19, 2024
As with any technological breakthrough, AI carries risks along with payoffs. Both sides of that ledger can benefit from AI-driven governance, ...
Building a Healthy Risk Culture: A Q&A With Clifford Rossi
August 18, 2023
Banks with effective risk cultures are less prone to errors and more equipped to handle shocks. But what specific steps do they need to take to ...
A CRO on a Mission to Help Build a Resilient Culture
August 11, 2023
For BNY Mellon’s Senthil Kumar, “intelligent risk-taking” is at the heart of holistic risk management
How Risk Managers Should Define a Crisis, and Why It Matters: A Q&A With Dr. René Stulz
August 4, 2023
The global financial services landscape has been significantly altered by unpredictable – and sometimes unprecedented – events over the past 15 ...
In a Highly Connected World, Disease Is Not Isolated from Other Risks
June 30, 2023
Filling the gaps in hygiene research is critical to risk management and business resilience
First Republic Fallout: A Call for More Effective Bank Board Risk Committees
May 2, 2023
The collapse and eventual sale of First Republic was a stark reminder that greater scrutiny of interest rate, liquidity and credit risks is needed to ...
Different, but the Same: What Bank Failures Can Teach
April 28, 2023
Although every crisis is different, financial firms can spot the warning signs – and even predict various risks – if they learn from the past
Reimagining the Federal Home Loan Bank System
April 6, 2023
How can we reduce systemic risk and create more competition in the U.S. mortgage secondary market? A pair of GSEs currently dominate this space, but ...
Reimagining the Federal Home Loan Bank System
March 22, 2023
How can we reduce systemic risk and create more competition in the U.S. mortgage secondary market? Clifford Rossi explains how these objectives can ...
Due Diligence Is Under Review
March 17, 2023
Litigation and reputational risks arise in the wake of breakdowns in screening processes. Are improved, perhaps more technology-assisted practices on ...
Managing Compliance and Complexity: A GRC Call to Action
March 3, 2023
Seven tips to improve business value along with risk, ESG, business and technology strategy
Forecasting 2023: Predictions for Financial and Non-Financial Risks
February 17, 2023
Hear risk management prognostications from Cris deRitis, the deputy chief economist at Moody’s Analytics. Risk managers have been severely tested ...
The Risk Appetite Dilemma: How to Overcome Obstacles and Enhance Risk-Adjusted Return
February 17, 2023
Risk appetite statements can yield many benefits, but only when they adhere to established risk-tolerance levels and make use of proper metrics that ...
How to Develop Effective Risk Documentation
February 17, 2023
Financial institutions need to account for risks properly as part of enterprise risk management, but what steps can they take to manage documentation?
When Due Diligence Fails: Cautionary Current Events
February 10, 2023
Hard-won lessons from costly missteps
Bypassing Legal Reviews and Procedures: An Overlooked Source of Risk?
February 3, 2023
Like risk managers, legal professionals say they can positively impact business results
Corporate Treasury’s Seat at the Enterprise Risk Management Table
January 20, 2023
Looking past silos to contribute to a holistic view of risk
Trust Is Being Tested in Uncertain Times
December 16, 2022
The business world needs to better understand and manage it, build reputational resilience “from the inside out”
Crashing with Crypto: Coinbase as Case Study
August 12, 2022
Risk and reputational flaws are cautionary lesson for fintechs and other innovators
How to Use ERM, ML and Scenario Analysis to Advance Your Risk Career
July 1, 2022
Getting Schooled on Risk: Graduate Programs Cultivate Talent for the Times
June 24, 2022
Engineering a Diverse Workplace: Edward Jones’ CRO Is Determined to ‘Be the Difference’
May 6, 2022
Why Do Bank Boards Have Risk Committees?
September 16, 2021
Banks reap many benefits from well-functioning risk committees, but reduced risk is not necessarily one of them. René M. Stulz, James G. Tompkins, ...
Global Risk Management Trends, 2021 and Beyond
March 15, 2021
Over the next two years, driven in part by the economic consequences of COVID-19 and the shift toward work-from-home, financial institutions are ...
The Energy Transition: Challenges and Opportunities for Risk Managers
February 10, 2021
As governments and companies commit trillions of dollars to achieve net-zero emissions by midcentury, market risks have never been higher for oil ...
Opportunities for Energy Risk Professionals Post-ERP
December 22, 2020
Edward Hancox, VP, Certification and Educational Programs and Beth Gould Creller, SVP, Certification and Educational Programs discuss the decision to ...
A Quick Message from GARP
July 27, 2020
We would like to thank our listeners for tuning in to our special subseries on COVID-19. We have had some fascinating and productive discussions and ...
Global Expansion in Uncertain Times
July 6, 2020
Companies looking to expand globally might be hesitant to tap into new markets given how the business environment has changed so dramatically as a ...
A quick message from GARP
May 25, 2020
We would like to thank our listeners for tuning in to our special subseries on COVID-19. We will be skipping this week due to the holidays, but will ...
How to Build a Well-Understood Risk Management Program
November 13, 2019
In this episode, GARP Executive Editor, Robert Sales, speaks with Brenda Boultwood, a former CRO and a current Risk Advisory Partner at Deloitte, ...
Climate Risk Reality: A Wake-Up Call for Risk Managers
November 1, 2019
The shift to a low-carbon economy has been set in motion, and banks are now facing clear physical and transition risks. What do these risks entail, ...
Banks Rally Behind UN Sustainability Campaign
October 1, 2019
"Principles for Responsible Banking" has 130 signatories from 49 countries; "shareholders, clients and employees increasingly want this," a CEO says
Can the Financial Industry Make Us Climate-Resilient?
September 27, 2019
Investing now is "imperative from the perspective of risk management," say the authors of a Global Commission on Adaptation report on climate-change ...
Global Warming Tops a Ranking of Extreme Risks
September 24, 2019
Non-financial threats loom larger, relative to economic or banking worries, according to the Thinking Ahead Institute
Adapting to the New Risk Landscape
July 24, 2019
Welcome back to the New Age of Risk Analytics. Troy Haines, SVP, Head of Risk Research & Quantitative Solutions at SAS talked with us about his ...
The Evolution of Climate Risk Management in Financial Services
June 28, 2019
Though climate risk management is still in its early stages, financial institutions are making progress in areas like governance and strategy. While ...
The Future of Risk: Christine Todd Whitman
October 9, 2018
Christine Todd Whitman, former Governor of the State of New Jersey and former Administrator of the EPA (2001-2003), shared her perspectives about ...
An ERM Pioneer Looks Back...and Ahead
September 12, 2018
At Citibank, David X Martin (http://davidxmartin.com/) developed one of the first comprehensive enterprise risk management processes. While with ...
Future of Risk: Jeh Johnson
February 25, 2018
Jeh Johnson, former U.S. Secretary of Homeland Security, speaks with Jeremy Davis, VP, Media and Event Producer, GARP about the new age of risk. The ...
EY’s Mark Watson on Risk Priorities for Global Banks
December 6, 2017
Mark Watson, Executive Director in EY’s Financial Services Organization (FSO) advisory practice, joins GARP’s Jeff Kutler to discuss the 8th annual ...
How to Effectively Communicate Risk to Senior Management
October 13, 2017
John Carlin (Chair, Global Risk and Crisis Management, Morrison & Foerster; former Assistant Attorney General of the Justice Department’s ...