Why Should Risk Management Be Top of Mind for Boards? H

Video: Why Should Risk Management Be Top of Mind for Boards?

May 13, 2024

ViClarity's Global CIO & Interim CEO, Ogie Sheehy, talked with CU Management about why risk management and creating and maintaining a risk register are critical for boards. He also discussed the top three compliance and risk management pain points often experienced by smaller credit unions, which the ViClarity team has partnered with Inclusiv to address. Click play below to watch the full interview. 

 

Originally published on May 3, 2024 in CU Management (CUES)

 

Back

Recent/Related Articles

Compliance Emerges As a Key Stakeholder to Credit Union Innovation

August 10, 2026

For too long, governance, risk and compliance functions have suffered from the unfortunate reputation as something of a speed bump to progress. Innovation is almost always accompanied by heightened exposure to risk, which means the GRC team is front and center when credit unions are evaluating new ideas. Often, they are the ones asking the toughest questions.

From Rules to Reasoning: Regulatory Shifts Reshaping Credit Union Audit & Risk Functions

May 08, 2026

Lately compliance expectations for credit unions have been undergoing a fundamental shift. Regulators are moving away from prescriptive requirements and toward a framework that emphasizes governance, judgment and risk-based decision-making. The shift is both complex and demanding for audit and risk professionals.