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Corporate Governance

Corporate Governance. Examination Objectives, and Examiner Perspective Jay Repine Senior Examiner - Federal Reserve Bank of Atlanta. Examination Objectives. Evaluation and Assessment of: Organizational Structure Support Framework Not a Specifically Rated Component CAMELS, ROCA, BOPEC

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Corporate Governance

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  1. Corporate Governance Examination Objectives, and Examiner Perspective Jay Repine Senior Examiner - Federal Reserve Bank of Atlanta

  2. Examination Objectives • Evaluation and Assessment of: • Organizational Structure • Support Framework • Not a Specifically Rated Component • CAMELS, ROCA, BOPEC • Corporate Governance Reviews • For Large Complex Banking Organizations (LCBOs) -- Under Risk Focused Supervision

  3. Organizational Structure • Oversight • Board of Directors • Committee Structure • Clear Lines of Responsibility • Front Office/Back Office Segregation • Polices and Procedures

  4. Support Framework • Risk Management System • Reasonable Limits Established • Monitoring • MIS • Audit, Credit Review, and Compliance • Independence, Competence, Effectiveness

  5. Effective Corporate Governance • Well Documented Meeting Minutes • MIS Reports • Clear Metrics/Board of Director Packages • Timely • Level of Manual Intervention • Risk Assessments -- Pin Point High Risk • Audits, Credit Reviews (Regulatory Exams) • Severity of Issues and Ratings • Effective and Timely Follow-up

  6. Blank slide notes only

  7. Effective Corporate Governance (continued) • Credit Review Process/Downgrades • New Product Review Process • Reporting/Approval of Exceptions and Limits Exceeded • Escalation • Lingering Exceptions • Accounting • Self Assessments

  8. Other Observations • Personnel • Background Checks • Character/Integrity • “Follow the Money” • Two Questions • Is This Reasonable? • Does it Make Sense? • Make “Hard Business Decisions”

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