Risk Assessment and Management
Financial institutions face a multitude of factors and influences that may prevent them from meeting their goals and objectives. Kropschot Consulting Partners’ experts have extensive experience facilitating and performing company-wide and targeted risk assessments. We collaborate with your professionals to identify, analyze, and prioritize risks that may affect your ability to execute the business plan and achieve strategic objectives. In addition to prioritizing risks for review by leadership, we recommend risk mitigation alternatives that align with your institution’s risk appetite. We also help translate and integrate risk assessment results into your business planning process, as well as the creation of your audit and compliance testing programs.