Risk Measurement, Evaluation, and Communication Workbook

In 2008, RMA’s Enterprise Risk Management Council embarked on an effort to create an enterprise risk management (ERM) framework that banks could use to understand and manage the risks throughout their organizations.

ERM is the capability of an organization to understand, control, and articulate the nature and level of the risks taken in pursuit of a risk adjusted return.

The risks can be categorized as credit, liquidity, strategic/business/reputation, market, operational, com…