risk management Posts

Applying Automation to Improve Risk Management

Posted on August 26, 2024 by Baker Hill

Accenture reports that 77% of risk leaders across a variety of industries have raised concerns regarding the fact that operational and financial risks are emerging more rapidly than ever. In the case of credit risk, regulators have asked that banks...

Why It’s Time to Ditch Excel for Risk Management

Posted on July 29, 2024 by Baker Hill

Spreadsheet software like Excel is helpful for a multitude of use cases, especially in the world of finance. In fact, a recent study by Wolters Kluwer revealed that 85% of bank respondents report using spreadsheets and other manual processes to...

The Call for Effective Covenant Monitoring Has Never Been Louder

Posted on July 22, 2024 by Baker Hill

In the world of commercial lending, banks and borrowers are paying close attention to their financial covenants. And for good reason: covenants enforce minimum financial performance conditions on the borrower. These loan covenants are not a pre-decided set of principles...

Mitigating CRE Concentration Risk in 2024

Posted on July 15, 2024 by Baker Hill

According to a Federal Reserve Bank of St. Louis report , market sentiment about the CRE office sector declined sharply over the last two years, with the Bloomberg REIT office property index falling 52% from early 2022 through the third...

The Evolution of Risk Management: Is Your Culture Keeping Up?

Posted on June 28, 2024 by Baker Hill

Over the last several years, financial institutions have faced an incredibly volatile economy. According to the FDIC’s 2024 Risk Review , “market risks posed challenges for the banking industry in 2023 with higher interest rates, an inverted yield curve, declining...

Risk & Growth: Two Sides of the Same Coin

Posted on June 14, 2024 by Baker Hill

In a recent article in the Financial Brand, Dr. Wendy Smith, the Dana J. Johnson Professor of Business, faculty director and co-founder of the Women’s Leadership Initiative at the University of Delaware advised banking leaders to steer between competing priorities...