ERM Perspectives

Chris Willey, Vice President of Enterprise Risk Management at American Eagle Financial Credit Union in East Hartford Connecticut, joins David in a conversation about her Enterprise Risk Management program.

Chris explains how the credit union arrived at nine categories of risk, and then talks about Key Risk Indicators and other features of the program.

The real strength of Chris's ERM program is the dollars at risk calculation she calls Surplus Net Worth. Listen to Chris explain how this is achieved and how it is received at the credit union.

We also talk about how software is not necessary for an ERM program and Chris does not use ERM software at American Eagle FCU.

Chris can be reached at [email protected] or by phone 860-338-4714.

The video version of ERM Perspectives, including this episode, can be viewed on YouTube: https://www.youtube.com/channel/UC8IQFOIwW4ejVc7CbhajPZw

Ryan Koller, Vice President of Risk Management and Compliance at Cyprus Federal Credit Union in Salt Lake Utah, joins David in a conversation about his Enterprise Risk Management program.

Ryan explains his connection with the board of directors, how important communication is with each department at the credit union, and shares a funny joke about accountants and risk managers!

Ryan can be reached at [email protected]

The video version of ERM Perspectives, including this episode, can be viewed on YouTube: https://www.youtube.com/channel/UC8IQFOIwW4ejVc7CbhajPZw

Wilkes walks us through his Enterprise Risk Management program including his successful approach to working with the board each year to determine risk appetite. He also talks about the credit unions recent considerations around climate change and ESG (Environmental, Social, and Governance).

Wilkes Hardin is the Vice President of Lending Compliance at Washington State Employees Credit Union. Wilkes can be reached at [email protected].

The video version of ERM Perspectives, including this episode, can be viewed on YouTube:
https://www.youtube.com/channel/UC8IQFOIwW4ejVc7CbhajPZw

As President & CEO of Meridian Trust Federal Credit Union in Cheyenne Wyoming, Kim Withers has taken responsibility for the credit union's Enterprise Risk Management program. Kim shares how she has built and organized the ERM program, and how she is managing risk at the credit union. She has a unique perspective given her role, and some great advice for ERM professionals.

Kim can be reached at [email protected].

The video version of ERM Perspectives, including this episode, can be viewed on YouTube:
https://www.youtube.com/channel/UC8IQFOIwW4ejVc7CbhajPZw

Michael walks us through his ERM program, and shares how he demonstrates the upside of risk management in terms of dollars. Michael is the SVP of Risk Management at the Credit Union of Southern California. He can be reached at [email protected].

The video version of ERM Perspectives, including this episode, can be viewed on YouTube:
https://www.youtube.com/channel/UC8IQFOIwW4ejVc7CbhajPZw

John walks us through the start of ERM at Alloya Corporate Federal Credit Union. We then cover various topics such as COSO, Alloya's four main areas of risk, and the use of derivatives to manage interest rate risk.

The video version of ERM Perspectives, including this episode, can be viewed on YouTube:
https://www.youtube.com/channel/UC8IQFOIwW4ejVc7CbhajPZw

Gavin shares how his credit union has been on an Enterprise Risk Management journey since 2018. We discuss Key Risk Indicators, risk reporting, and challenges to be overcome.

The video version of ERM Perspectives, including this episode, can be viewed on YouTube:
https://www.youtube.com/channel/UC8IQFOIwW4ejVc7CbhajPZw