4most’s Post

The banking sector cannot be separated from regulations and supervision that are stricter than other industries. Likewise, banking business processes are always close with risks that may occur. A year ago I successfully passed banking risk management assessment and finally I hold its certification for Level 1. In terms of treasury knowledge, coupled with risk aspects, the competency that I have plenary enough for my guidance work professionally. #bankingriskmanagement #bankingrisk #BSMR #treasury #treasurybanking #riskmanagement

Operational and Non Financial risk management does face some real challenges- the breadth and pace of change, volatile world, new business models, changing risk profiles - to name a few, but as my colleague, Luke Carrivick, argues we shouldn't ignore the progress that has already been made or shy away from tackling these challenges if we want to continue to deliver value to our firms Read more below👇 https://lnkd.in/eYM2FY_3 #ONFR #RiskManagement #ORX

Effective model risk management for banks requires a robust model development process. In our latest article, our experts break down Principle 3 of the PRA’s Model Risk Management guidelines, focusing on: 🔵 Establishing clear standards for model design, testing, and performance 🔵 Ensuring data quality and relevance 🔵 Robust documentation and communication, especially regarding model limitations and expert judgement Read more ➡ https://lnkd.in/eiFYCtd9 #RiskManagement #Banking #DataQuality

An internal assessment tool, Banks and NBFCs must look at.

Great advice! Working alongside the Model Risk Management team at 4most has really shown me that when developing new machine learning and generative AI models it can save you a lot of remedial work later by considering all the risks in a structured and constructive way before you implement.

Discover how an Internal Rating Solution from #ICRAAnalytics empowered a leading public sector bank to achieve superior risk management and enhanced performance. Read more 👇https://lnkd.in/dQDsVX6T #ICRAAnalytics #creditscoring #creditriskmanagement #creditrisk  #banking #nbfcs #internalratingsolution #creditriskscoringtool

🌟 🙌 We’ve recently spoken about the importance of maintaining a positive model risk culture... But how do you create one in the first place? 👇 Swipe through the slides below for four quick tips 👇 Or read our dedicated article for the full insights 👉 https://lnkd.in/eBeti5we 📧 Need specialist Model Risk Management support? Get in touch with info@4-most.co.uk #4most #ModelRiskManagement #Banking

As banks evolve, legal teams face the challenge of balancing risk management with agility. Streamlining operations is essential for boosting productivity and supporting strategic transformation. In this article, Tuna Kutsal, Eiméar Mullan, Alexander Amato-Cravero, Susannah Wilkinson, Lisa McLaughlin and Emily Coghlan explore how legal functions can adapt to meet changing business priorities and drive lasting change. Find out more in our 2024 Global Bank Review. https://lnkd.in/ekiYG7Pb #banking #bankinginnovation #bankingindustry #GlobalBankReview

In 2024, the importance of credit risk management in banking has never been more critical. 📈 🌏 #CreditRiskManagement #Banking #FinancialStability #AI #RiskAssessment #RegulatoryCompliance

More Funds available to the real sectors, LDR is reduced by 15% to 50% but banks must ensure more compliance and risk management which is very key. #microfinance #lending #CIBN #banking #risk #Compliance #CRMI #ICAN.