Best Practices in Risk Management for Community Bankers

Helping to define the risks community banks face today and how to assess, monitor, manage, and control the different risk types.

This study (formerly Beating the Odds: Revisited) is a follow-up to the popular Beating the Odds … A Community Banker’s Guide to Risk Management, a comprehensive study of the risk management practices of community banks. The initial study, the first of its kind to offer guidance in fundamental risk practices, became a valuable benchmarking tool for community banks. The newest study, is a wider-reaching one, thanks to the participation of 160 banks. The objectives of the latest study include:

• Providing an inventory of current risk management practices.
• Identifying practices that influence safety and soundness.
• Identifying and promoting best practices,
• Providing a benchmark. The updated study also shifts the focus to institutions smaller than those covered in the original study.

New topics in this study include operational risk and enterprise-wide risk management, which complement the study’s core topics, including:

• Portfolio risk management
• Risk grading
• Credit approval and credit scoring
• Market risk and business risk
• Credit risk pricing and profitability
• Securitization and participations
• Staffing and resource management
• Credit database and accounting
• Credit allocation and reserves

To purchase Best Practices in Risk Management for Community Bankers, contact RMA's Customer Care at 1-800-677-7621 or order online.