"We had Insight Risk come in to help us upgrade our ALLL methodology and our concentration management program. We were very pleased with the final products, as were our regulators. On both projects, Insight Risk delivered within the promised timeframe and at a reasonable cost. They get our recommendation."

- Mukhtar Ali, CEO/President, Mission National Bank

Insight Risk Consulting (IRC) was established in 2010 to assist financial institutions in meeting the rising expectations of Boards, regulators, and investors for more effective management of the full range of risks faced. Our staff has expertise and experience that spans all relevant areas of risk – credit, ALM, IT/IS, operations and compliance. Through our experienced staff of professionals, including former regulators; internal auditors; Chief Executive Officers; and other financial institution professionals, we have valuable insight into the requirements and expectations of regulators and auditors. We are able to craft solutions to your risk management needs that represent sound and prudent business practice, as well as alignment with regulatory requirements. And we are closely attuned to emerging best practices in all of these areas. Of course, what’s optimal for Bank A will likely be different from Banks B or C; you want as a partner a firm with depth in the required expertise and with breadth in its experience and exposure. You want a solution that’s right for your client base, product range, systems, data availability, in-house expertise, and budget.

IRC’s history of consulting engagements includes:

  • Design and implementation of internal controls;
  • Risk Assessments (enterprise-wide, IT, BSA, ACH, etc.), with activity-level risks mapped to corresponding controls, if desired;
  • Aligning with guidance requirements (e.g., ALLL methodology, CRE concentration risk management, TDRs, etc.);
  • Customized policy and procedures documentation, plus regular updating for changes in relevant regulations;
  • Network penetration testing;
  • BCP/DRP.

This list is only indicative of our capabilities. Within the realm of risk management, the range of possible engagements is very wide indeed. There’s more detail provided in Practice Areas. We’d be happy to discuss with you any specific needs you may have.

We pride ourselves on a disciplined, hands-on approach to our consulting engagements, working closely with management to ensure that all recommendations are well understood and functioning as intended. Close communication is critical – before, during and after each engagement. IRC management makes itself readily available to discuss any questions or concerns that might arise.

We look forward to the opportunity to assist you with your risk management needs.