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PCI Performance Management is passionate about community banking! Our mission is to offer key insights and tools to drive executives to the next level. We approach each of our clients with fresh eyes to develop customized, unique strategies.Are you ready to set your business on the path to success? Let’s connect and take your organization to the next level.
ERM, Audit & Compliance
Foundation for Risk-Based Control
Enterprise Risk Management (ERM) is the umbrella for managing risk and includes:
Strategic / Business / Reputation
Compliance / Legal / Regulatory
The Board of Directors is ultimately responsible for overall bank governance, which includes setting risk tolerances that the bank should be willing to take.
Their primary contact for understanding, setting, and testing risk is the ERM Audit committee.