Mark Treichel, former Executive Director at the NCUA (National Credit Union Administration) talks with David about the NCUA's Enterprise Risk Management program and the recent release of their risk appetite statement.

Topics include:

- How ERM at the NCUA started under Mark’s watch in 2015 and how releasing this risk appetite statement is the next evolution of what started back then
- The significance of the NCUA approving this publicly
- What the different NCUA board members had to say at the board meeting about the risk appetite statement
- The NCUA not taking any significant risk at this time
- Is ERM getting closer to being a requirement for credit unions?

Mark can be found on LinkedIn or at his website:
https://www.linkedin.com/in/mark-treichel/
https://www.marktreichel.com/
https://www.marktreichel.com/podcast

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

Rachel Guyselman, Vice President of Risk & Compliance at Credit Union 1 Alaska, joins David in a discussion about Enterprise Risk Management.

Topics include:

- The play between what is compliant versus how to run the business, and how this translates to risk management
- Meeting with area leaders regularly to discuss risk and concerns and open-ended topics to update the key risk matrix
- The risk management committee and the ERM interactions with the board
- Strong support from the board, the CEO, and supervisory committee and how this assists Rachel and the ERM program
- The uniqueness of serving Alaskans as members in areas like real estate lending and providing basic financial services
- The power of networking with others to help you with your ERM journey and Rachel's recommended networking communities

Rachel can be reached here:
LinkedIn: https://www.linkedin.com/in/rachel-guyselman/
Email: guyselmr@cu1.org

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

Omar Ramsay, Chief Risk Officer at United States Senate Federal Credit Union, joins David in a discussion about Enterprise Risk Management.

Topics include:

- Omar's career progression from Law, to Compliance, to Risk Management and how his legal profession skills transfer to risk management.
- How the risk management team is staffed at USSFCU and what's included in the department.
- How ERM partners with Internal Audit on operational controls and controls testing.
- How Archer GRC is leveraged for vendor management, issue management, the risk register, and soon, business continuity.
- Issue management at USSFCU.
- Using an ERM maturity model as a tool to build enterprise risk management.
- The benefit of having an amazing team to work with.

Omar can be reached on LinkedIn: https://www.linkedin.com/in/omarramsay/

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