Are you afraid of Accountability? Why Banks and Financial Institutions don’t have this luxury.
Finance

Are you afraid of Accountability? Why Banks and Financial Institutions don’t have this luxury.

In keeping with themes. I don’t want to be dead before someone, somewhere starts talking about and doing what I and my associates advocate entirely…

Accountability. It seems that accountability is an elusive trait. How many friends, family members, associates, movie and TV characters, politicians and pundits shun accountability and blame everyone and everything other than themselves for whatever is happening?! At the same time often, these same people claim accountability when someone does, or something happens that will benefit them.


RMA RIsk Maturity Framework

Powered by SRA Watchtower

Take the self-assessment today to
measure your institutions risk maturity.
SCHEDULE a demo

All anyone must do is bring their ideas to any superior in their company and see in a month or two how brilliant that superior has suddenly become. If you’re an executive and this offends you, then we know what side of the equation you are on. If you are one of those that has experienced my observations rejoice, it is being openly stated.

EXPERIENCE. WISDOM. KNOWHOW.

Book an

SRA CONSULTING

discovery session

SCHEDULE NOW

This sort of nonsense may be fine and out of our control in daily life, but it has no place in banking or financial industry practices. Banks are the stewards of all our money and their employee’s money as well. They are the lifeblood of our communities, the sources of homes, autos, education and dreams for many of us. They are charitable and giving, sponsoring local, national and international events and causes of good will. For these reasons and more they must be held accountable to highest levels of stewardship and integrity. The risks are so high to society that anything short of this leads to pain and misery for those that trust them for their financial livelihood.

So, the questions to you the first line quant, researcher, underwriter or analyst or the second line middle manager and business unit leader or the third line internal auditor and the executives and boards that oversee your institutions are:

  • Are you accountable?
  • Do you know who is accountable?
  • Do you encourage productive accountability or are you punitive?

Serious things to think about. If you are on the right side of this, relax, go home and sleep well. If you are not, well you may want to work in another industry.

Three ways to tap into the people, technology and insights of SRA.
We're focused exclusively on the serving the financial & Insurance industries.

DISCOVERY 
SESSION

Schedule a 30 minute consult with an SRA Risk Management Practitioner to understand your challenges, opportunities and potential paths to success.
SCHEDULE NOW

WATCHTOWER
DEMO

Look inside the SRA Watchtower platform and understand how it helps executives navigate risk and drive growth.
BOOK TODAY

SRA 
WEBINAR

Learn how SRA practitioners and their clients are tackling the most important and pressing issues facing the BFSI industry today.
REGISTER

MOre FROM

No items found.

RMA RIsk Maturity Framework

Powered by SRA Watchtower

Take the self-assessment today to
measure your institutions risk maturity.
SCHEDULE a demo