- Enterprise resiliency is essential in order to create long-term value for our stakeholders
- CitySavings enhances its understanding of managing and measuring risk
- In response to the Bank’s growing need to understand and manage risks, and ensure the risk-aware DNA lives on to every team member, CitySavings boosted its eLearning initiative by launching its very own Risk Management portal.The portal features a dictionary of CitySavings’ key and operational terms, risk management manuals, business continuity plans, and other announcements, circulars and information related to risk management.
The Risk Management Team, working with the MIS, also plan to improve the site by adding risk assessment and control e-forms, and risk indicator dashboards. A risk heat map is also in the pipeline, which will allow users to include and update risk register and treatment plans.