Old Dominion Risk Advisors offers a range of services to financial institutions in areas such as ERM infrastructure, credit administration, special assets, strategic planning, compensation plans, governance, appraisal management, examinations, training, and expert witness testimony.
Global ERM framework and infrastructure design, including the development of Risk Appetite Statements, key risk indicators, establishing a risk culture, committee charters, operational procedures, management and board reporting and risk assessment design and implementation.
Loan review procedures, policies, scope and reporting to include external loan review and assessment of current risk rating practices. Evaluating or creating credit administration, analysis, underwriting and/or loan fulfillment functions. Loan product design and implementation.
Creating and/or managing a Special Assets function including developing procedures, reporting, loan workout plans and workflow management.
Board or management level strategic planning and implementation.
Assessment or development of effective and compliant incentive compensation plans that meet all current regulatory guidance and expectations.
Assistance with corporate governance including board and committee charters, effective reporting, recommended agenda topics, etc.
Formation and management of an effective independent appraisal management and review function.
Exam preparation or remediation.
Training on current industry topics.