01.
The Challenge
Amid volatile macroeconomic conditions and increased regulatory scrutiny, RGP was engaged by a bank’s Board of Directors to assess and strengthen its corporate governance and risk management practices. RGP conducted a comprehensive review of the bank’s governance framework and Board reporting, identifying key gaps and working with senior management to refine policies, enhance governance tools, and improve reporting.
02.
The Solution
RGP deployed a team of experts, including a former OCC Examiner-in-Charge, to evaluate the bank’s governance structure and regulatory vulnerabilities. Following the assessment, RGP collaborated with management to address control gaps and design new policy frameworks, including succession planning and performance management. To ensure sustainability, RGP developed a governance toolkit with internal controls, Board charters, and risk appetite statements. The team also revamped the Board reporting package with dashboards to track risk indicators, strategic goals, and internal control issues.
03.
Our Impact
RGP’s engagement significantly improved the bank’s risk management, operational efficiency, and Board oversight through comprehensive governance enhancements and strategic alignment.
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