BAI

Developing talent is crucial in the financial services industry. Charting a career path for employees that highlights the skills necessary to move up gives employees a clear goal to work towards. In this article, BAI highlight the benefits of skills tracking and why financial services organizations should prioritize them. Key topics include: - Enhancing Regulatory Compliance - Risk Mitigation - Workforce Readiness and Agility - Developing Talent and Increasing Retention - And more Learn more by downloading BAI’s article “Skills Tracking and its importance with professional development” today!

Organizations need to ensure they have plans in place to create, update, communicate, and track their organizational policies and procedures. In this article, BAI highlights how these steps can help mitigate risks and improve the overall effectiveness of your policy and procedure management programs. Key topics include: - Taking inventory of policies and procedures - Recording document ownership - Centralize policy and procedure management - Systems to create policies and procedures Learn more by downloading BAI’s article “Best Practices to Elevate Your Policy and Procedure Management” today!

Federal deregulation doesn’t eliminate risk—it shifts it. Financial services organizations need to understand what state regulations still affect their business and create training plans to stay compliant and keep their customers safe. To stay protected, organizations should: •Maintain strong regulatory change management programs •Keeping risks assessments updated •Focusing on governance and risk management best practices •Continuing to adhere to existing regulations Learn more about protecting your organizations in BAI’s article, “Ways Organizations Can Protect Themselves During Deregulation.”

New developments in the financial services industry can impact credit risk plans. During economic shifts, organizations must adjust plans to assess what they can handle. This article outlines key credit risk metrics to help lenders create forecasts and assign loan ratings. Key topics include: ✔️Key metrics and their impact on credit risk ✔️Forecasting strategies for creditworthiness ✔️Adjusting credit risk rankings Download BAI’s article: Key Credit Risk Metrics: What to Measure in Times of Economic Expansion/Contraction to learn how to manage credit risk in varying economic environments.

One of the ways financial services organizations can reduce risk and make policy management easier is by utilizing a policy management solution with a built-in template library. In this article, BAI highlights the benefits for organizations that utilize policy management software solution with a template library. Key topics include: •More timely development and updates to policies •Detailed and complete documents •Documents designed for the financial services industry •And more! Learn more by downloading BAI’s article “The Importance of Having a Comprehensive Policy Template Library” today!

Financial services organizations need to plan for fraud as part of their risk management strategy. It is crucial to understand the risks their company faces and create policies and procedures to address and mitigate fraud. In this article, BAI highlights key considerations when developing and updating fraud policies and procedures. Topics include: •Conducting assessments of potential fraud risks •Monitoring user behavior •Utilizing data to identify patterns •Identify fraud technologies •And more Download BAI’s article “Today’s Fraud Policy and Procedure Considerations” today to learn more!