Risk Services

Capital Managed Services

SRA’s capital management services provide enterprise-wide insight into financial institutions capital risk management practices.  First, SRA has a proprietary Capital Risk Framework to enable financial institutions to identify their level of maturity (and gaps) based on their size and complexity.  This allows the institutions to align practices to the Board’s Risk Appetite and regulatory guidance on capital management (OCC 2018 Capital Adequacy Handbook and SR Letter 12-7).  Second, a fully validated Capital Stress Testing Model (consistent with SR 2012-7) which includes stress scenarios for the Bank and Holding Company to evaluate Base Case (Strategic Plan), Severe Adverse and Reverse Stress Scenario including the monetization of Institution specific top risks for Credit, Liquidity, IRR, Operational, Compliance, Legel, and Strategic Risks.

RiskAssist^© Library

RiskAssist^© Library – Your Ultimate Risk & Control Template Library Developed by Veteran Risk Professionals 

Empower your team with expertly built risk and control libraries and templates that streamline your risk assessment process. Reduce time spent on manual reviews while enhancing accuracy, consistency, and transparency in identifying and evaluating risks. Our flexible risk library design supports multiple assessment approaches—by product, process, or business unit—and provides the tools to clearly demonstrate your organization’s understanding of risk exposure and control effectiveness.

What our clients are saying:

“We dedicated 80% of our risk assessment time to Risk ID and Control ID Mapping. RiskAssist Library could have dramatically lowered this time.” Bank CRO

“This is a high-impact data set that dramatically closes the gap between Risk ID and Risk Assessment, saving a lot of time and brain damage.” Bank CRO

Features and Benefits

• Comprehensive Risk & Control Template Library
• Product/Process Risk Assessments: Mitigate risks associated with financial products, and ensure operational processes run smoothly
• Core Function Risk Assessments: Ensure core bank support functions (Human Resources, Finance, etc..)
• IT, IS & Application Risk Assessments: Assess technology and software vulnerabilities.
• Risk and Compliance Assessments: Stay compliant with regulatory requirements – aligned to product & services
• Expertly Designed Templates and Cost-Effective Subscription
• Created by industry risk veterans and former regulators for unparalleled quality
• User friendly templates & flexible methodology aligned to tried-and-true industry best practices
• Unlimited access to the entire template library for a monthly subscription fee.
• Ongoing Innovation and Support
• New and enhanced libraries delivered quarterly. Stay up-to-date with the latest industry practices.
• Risk Subject Matter Experts (RSMEs) to support customization and further support.
• Access templates via Smartsheet for easy collaboration, customization, and integration with your workflows

Fractional Risk and ERM Support

SRA Consulting is a full-service provider of risk management services. We have served hundreds of banks since 2008. The team of risk professionals includes former Chief Risk Officers, ERM Leaders, bank auditors, and bank examiners. Team members hold certifications including Certified Risk Professional (CRP), Certified Risk and Compliance Manager (CRCM), and Certified Public Accountant (CPA).

Fractional Risk and ERM Support – Seasoned professionals who have experience implementing ERM, OREM and RCSA’s at institutions of all sizes

• Support for ERM, ORM, RCSAs & Audit
• Predictive Analytics for GRC-Based Controls
• Fractional Services for CRO, ERM, ORM, & Compliance
• Summary Risk Program Guides

SRA Expertise

• Fractional Chief Risk Officer to upgrade and oversee the bank’s risk management on a part time basis 
• Proprietary software to assist with assessment of existing GRC programs using predictive analytics
• 10 –20-page summaries educate Board, Regulators, Executives, and Employees by providing a wholistic view of a critical bank functions or programs
• Implementing bank wide issue management programs

Gap and Readiness Assessments

A regulatory gap assessment helps financial institutions identify and address weaknesses before they become regulatory issues. As banks and credit unions grow and new requirements apply, the assessment compares current policies and controls to applicable regulations, revealing gaps and providing a clear action plan for remediation. This proactive review strengthens governance, reduces compliance risk, and demonstrates a strong commitment to regulatory readiness.

Regulatory Gap and Readiness Assessment – Assessments to ascertain gaps in risk maturity and program assessments and create a road map to address the gaps

• SRA’s Readiness Evaluation and Roadmap through risk maturity framework assessments
• Complete a high-level review of the Institutions Compliance Management System (CMS)
• Evaluate the maturity of the Institutions Enterprise Risk Management (ERM) Program
• SRA will also focus on:
• Key areas regulated (Mortgage/Consumer Lending/Leasing, Credit Card, Consumer Privacy, Electronic banking, Branch banking, non-Deposit investments, CRA, HMDA, UDAAP and areas of potentially discriminatory marketing/sales practices)
• Key areas where prudential regulatory scrutiny will be heightened (e.g., Bank Secrecy Act/Anti-Money Laundering, Information Security/Cybersecurity and Third-Party Vendor Oversight)
• SRA’s Readiness Review, completed in conjunction with evaluations of the Bank’s CMS and ERM/Performance Programs will ensure the Board and Executive Leadership is fully appraised of the regulatory and financial implications associated with certain asset thresholds
• SRA’s conclusions and recommendations, in conjunction with management’s input, will lead to the development of a pragmatic, best practice road map for regulatory readiness.

Risk Services

SRA brings a distinct advantage in providing risk advisory services to your organization.  We have built a team of leading risk experts who specifically understands the risk focus of our clients and the financial institution regulators.  Our strong ERM Practice encompasses advice, reports, scorecards, board training and extensive qualifications and experience in implementing ERM programs.

Governance, Strategy & Advisory
Leverage the expertise of former risk professionals and operations executives who bring practical insight to governance design, policy development, and strategic integration to drive smarter, more resilient operations.

Operational Risk & Efficiency
Optimize performance and control effectiveness with operational and fraud risk assessments, process improvement reviews, and vendor risk management programs.

Data Governance & Management
Enhance data integrity, privacy, and compliance through effective governance and management frameworks that safeguard critical information assets.

Technology & Digital Risk Management
Manage risk across emerging technologies with targeted assessments for electronic banking, FinTech, and BaaS platforms. We also deliver A.I. and digital asset risk maturity reviews and help build sound A.I. governance frameworks.

Cybersecurity & Information Security
Strengthen your organization’s defenses through comprehensive cybersecurity assessments, incident response planning, and compliance with leading standards (FFIEC, NIST, ISO). SRA provides SOC support, identity and access management, and resilience strategies for data, cloud, and mobile environments.

Services include:

• Fraud Assessment & Optimization
• Electronic Banking & IT RCSAs
• Operational Efficiency Assessments
• Information Security Services & RCSAs
• Data Governance & Data Management Services
• FinTech / BaaS Risk Assessments
• Digital Asset Risk Maturity Assessment
• A.I. Risk Assessment (Model)
• Bank A.I. Governance & Risk Maturity Framework

SRA Expertise

• SRA Consulting employes former IT and COO experts with real world experience
• Cybersecurity Threat, Vulnerability and Incident Response Strategy and Assessment,
• Cybersecurity Standards and Regulatory Compliance Strategy (i.e., FFIEC, NIST, ISO, ITIL, PCI, SANS 20, COBIT, etc.),
• Cyber Governance, Policy and Controls Development,
• Cybersecurity Systems Strategy, Architecture and Integration,
• Identity and Access Management,
• Cyber Risk Intelligence and Predictive Analytics,
• Data Security, Privacy and Data Leakage,
• Mobile and Cloud Security,
• Business Continuity, Resilience and Disaster Recovery Strategy,
• Customer, Vendor and Third Party Management, and
• Cybersecurity Operations Center (SOC) Managed services.