Risk is not bad. Like fire, it can be harnessed to create value. Even then, things can still go very wrong.
We are SOT Advisory. We have decades of expertise in operational risk, internal controls, incident management, information security, outsourced credit analysis, SOX, RCSA, strategic decision support, audit support, regulatory exam management, issue identification & remediation, third party risk management, partner / vendor integrations, cross-functional initiative leadership, legal entity governance, project & program oversight, and board communications.
We take away distractions. Your leaders need to focus on performance, not paperwork. Risk management must be integrated into their responsibilities in logical, intuitive, and integral manner. Business processes must be designed to deliver strategic results AND prudent risk management. It must not be an exercise done “off to the side”.
Extending Your C-Suite – The “Right Arm” to Manage Risk to Complement Business Strategy
At SOT Advisory, we specialize in implementing TIGHTLY INTEGRATED risk management capabilities. Risk isn’t a “department” that rolls up to silo’d exectutive. It’s a core capability built into every line of business and ever cost center.
Risk is anticipated, identified, measured, controlled, reported, managed, and even priced.
Yes priced. What do you think a loan is? It is an asset that is priced based on risk levels and predicted financial impact under various scenarios.
Your leadership team should not fear risk. They should definitely not downplay or “spin” areas of risk. They should embrace a culture of prudent risk management, equipped to drive positive financial results from doing this well.
Why Choose SOT Advisory?
Choose us for transformation of your risk management functions:
- In-depth understanding of the unique challenges regulated banks and financial services firms.
- Tailored solutions that fit your business and grow with it.
- A track record of successfully managing SOX implementations, regulatory exams, reg remediation initiatives, information security & cyber risk programs, audit & compliance reviews, and time-sensitive incident tracking and response.
- Proven track record in integrating cutting-edge technology with traditional risk management practices.
- And of course: Deep experience in Strategy, Ops & Technology.
Get In Touch
Ready to transform your bank? Contact us today for a consultation.
