Risk and Compliance In Finance | Terri Sands

Top 3 Takeaways It's tough to keep up without good technology The transparency between parties is tough with financial institutions A single point of failure can also be a single point of fraud Show Highlights: [02:50] Challenges that the smaller financial institutions have in their risk management programs [07:13] The significant irony in financial institutions [09:01] What Terri brings to the table [10:50] Creating a culture of risk-awareness [12:24] Reactive planning versus strategy planning [14:25] The shift Terri has seen [15:32] The unfortunate indicator [16:45] Terri's opinion on banks reducing their operational costs [19:43] One of the areas of challenge of heavily-regulated organizations [21:37] What works and what doesn't for acquired financial institutions [25:03] More tips for acquiring financial institutions [26:49] Guilty by association [27:59] Rounding up with the most shocking fraud story Resources: Secura Risk Management Website Connect with Terri on LinkedIn Connect with Terri on Twitter Ozark Show