RMA is pleased to offer community banks a series of workbooks designed to address the growing need of implementing an enterprise risk management (ERM) program. The Series currently includes practical guides for Risk Appetite, Stress Testing & Scenario Analysis, and Governance and Policies.
As a membership benefit, individual RMA members can enjoy free downloads of the ERM workbooks. A free hard copy of each workbook is also available. (One copy per institution. Please contact your Regional Manager.)
Although community banks are not currently required to conduct stress testing and scenario analysis, increasing expectations from regulators have heightened awareness among bankers to get educated and adopt these best practices at their institution.
Each workbook addresses a component of an effective ERM program, as reflected in the graph below: