For this phase of the course project, you will conduct additional research for the bank you chose as the subject of your project. Write the next section of your risk management plan in which you discuss the key people responsible for mitigating risk at the bank. Be sure to include corporate governance, the impact of the Sarbanes-Oxley Act, and asset-liability management in your discussion.
2-3 pages in length
In this paper, please address the following questions:
• Who are the members of the board of directors and what is the significance of their role at the bank?
• Who are the members of the executive committee or team, specifically the President, CEO, and CFO and what are their responsibilities? What makes them qualified for their positions?
• How has the Sarbanes-Oxley Act and other legislation impacted financial reporting for the bank?
• How is asset-liability management handled at the bank and by whom? Be sure to include a brief description of how risks to liquidity, interest rates, currency, funding of capital projects, and planning for profit and growth are mitigated.
Requirements
Review the APA Citation Online Guide for assistance with citing sources using APA format.
• Because this is part of a project, this section of the paper does not need an introduction.
• Because your paper is required to be more than one page in length, you should use subject headings to label your paper as appropriate.
• Keep in mind that this is a research paper; and, as such, should be informed by your research articles.
• Be sure to include APA citations to support your assertions and to inform your paper.
BANK OF AMERICA IS MY BANK.