BASG has been selected to provide support to a high-profile Organizational Risk Management (ORM) project at a regional bank with a footprint across eastern and mid-west states. Under the direction of its Chief Risk Officer (CRO), the Bank is focused on maturing their Risk Control Self-Assessment (RCSA) framework as a pivotal step in building a stronger ORM program.
BASG’s mandate is to review a comprehensive list of existing processes extending across the enterprise. As needed, new processes maps will be created, current process maps updated, and all will be fully documented. Working with the CRO, key executives and stakeholders, BASG will also be charged with making recommendations on process areas requiring additional review. Additionally, the Bank is seeking guidance in evaluating enhanced documentation/cataloging systems to ensure that future updating is a user-friendly and more efficient routine.
BASG Managing Partner, Don Clayton, commented: “This is our initial project with a great new Client, and we are hopeful it is just the beginning of a long-term partnership. We look forward to adding value to our newest Client as they continue to grow and serve their customers.”
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About Business Advisory Solutions Group, LLC (BASG)
Business Advisory Solutions Group supports business profitability and growth by standing at the intersection of People, Process and Technology. BASG has delivered tangible results that improve productivity, mitigate risk, and maximize profits for organizations. Our Clients range from Fortune 500 companies to mid-sized and owner-managed businesses across a broad range of industries.