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RMA’s Risk News at-a-Glance

RMA’s Risk News at-a-Glance is a free weekly service that delivers quick-read summaries of the week’s most important industry headlines, culled from over 7,000 sources: major newspapers, business magazines, Web sites, wire services, and leading industry publications. This is an RMA service designed to keep you up-to-date on the latest credit, operational, and market risk news. We hope you enjoy it and find it useful. Stay current in a matter of minutes.

To view the complete edition of this week’s news, visit http://www.rmahq.org/News_PR/RiskNewsataGlance.htm. Or call the RMA National Association at 800-677-7621 and ask to get on the list of bankers who are currently getting this service emailed to them each week.


RMA Operational Risk Tools

RMA OpRisk Tools Service is a comprehensive risk management program developed by RMA for smaller financial institutions (assets of $500 million to $20 billion) to help them manage operational risks. The concept behind RMA OpRisk Tools is "best practices come alive":

  • It puts guidelines, training, information and analysis tools in front of the those who need them in a timely, user friendly, and cost-effective way.

  • It is an affordable and timely substitute for a risk consultant and procedures manuals.

  • It can be tailored to the organization’s structure.

  • It generates and distributes reports to designated users.

  • It makes risk management processes more dependable and auditable.

  • It allows subscribers to benchmark against their peers.

  • To deliver RMA OpRisk Tools Service, we partnered with Centerprise Services, Inc., a financial technology company, and adapted their technology as an Application Service Provider (ASP) solution suitable for smaller institutions. This solution makes it easier to use and less costly to deliver than the existing operational risk management solutions.

    The service is modular. A customer can choose the individual modules that best serve their organizational needs. RMA has approached the structuring of the overall offering in a way that permits the tools to work effectively together, thus offering added value. All the modules are based on a common simple framework for operational risk management.


    How to… Create a Professional Image

    If you want to be taken more seriously by your boss, customers, and co-workers, take these four simple steps to improve your professionalism:

    - Deliver on all commitments, both large and small. If you say you’ll call or meet with someone at 9:00 am, make sure it’s 9:00am and not 9:10 am. If a work meeting starts at 1:00 pm., be seated and ready to go at 1:00.

    - Dress appropriately. This doesn’t always mean a suit and tie, but it does mean clothes that are clean and pressed. If your clothes look like you’ve slept in them or just come from the beach, it says you don’t care enough to look the part.

    - Stay upbeat. Instead of dwelling on why something can’t be done or why it’s difficult to accomplish, focus your energy on creating solutions and possibilities. You’ll acquire a reputation for being the go-to person.

    - Put aside personal preferences, for the good of the team. No one is indispensable. Never become a barrier to accomplishing your team’s goals.


    2005-2006 INSTITUTIONAL TRIAL MEMBERSHIP

    February 28, 2006 Deadline

    Our purpose is to help highly successful professionals like you make better loan and risk management decisions. By sharing the latest techniques through our chapter meetings, conferences, and round tables, we provide unique opportunities for you to hear the industry’s best lenders and risk managers. Our publications and information services will keep you current with the industry’s best practices, helping to substantially increase your base of profitable commercial loans and business relationships.

    The 2005-2006 Institutional Trial Membership entitles FIRST TIME MEMBERS up to $2000 off RMA’s Annual Dues. RMA’s fiscal year is 9/1-8/31.

    You will receive the RMA Journal 10 times a year along with updates on the latest RMA products and services. At the local level you will have full access and invitations to local chapter events. Included with your membership is a copy of RMA’s Annual Statement Studies. Plus throughout the year you will receive special reports/hot topics of interest, which may also be accessed through RMA’s Members-Only Web site.

    If you are interested in this 2005-2006 RMA Trial Membership, please contact Sandy at 608-588-3100 or sandy@rmawi.org. Sandy will send you an application form and get you started in your Trial Membership right away.

     

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