Credit Union Advisory
Robust Governance, Strategic Planning, and effective Risk Management are essential pillars for the success and stability of any organisation.
With decades of experience in the sector, SolutionOut can support your Credit Union through the journey of building a Governance framework, training, implementing and supporting you through the evolution. The following are some of the key areas of our current practice.
Contact: michael@solutionout.com
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Focus Areas
Enhancing Governance Frameworks
Risk Management
Governance Review, Implementation & Training
Risk Appetite and Measurement
Compliance and Audits
Delivered through workshops and collaborative training sessions tailored for Credit Unions, our Governance service delivery builds on the current regulatory guidelines utilising best practices from the sector and beyond.
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Strategy
Outcome focused approach for building short and long-term direction for your Credit Union.
Facilitation for building Strategic Plans, Analysis (SWOT, Environmental, Business Model, Financial analysis), Stakeholder consultations, Financial projections, reports and more
Sustainable strategy formulation and implementation
Track progress and provide oversight with measurable metrics utilising the latest in technology
Would you like to discuss more about Governance, Strategy or Risk? Email michael@solutionout.com or get in touch below.
Don't hesitate to get in touch with our team
Frequently Asked Questions
What is Operations Resilience
The ability of a firm, and the financial services sector as a whole, to identify and prepare for, respond and adapt to, recover and learn from an operational disruption.
In times of uncertainty, effective leaders keep their organisations running, with high levels of service availability and sufficiently robust frameworks that ensure that the interests of members are safeguarded during any business disruption.
What does a typical Operations Resilience Project look like?
We work closely with your Board of Directors, Management Team and Employees to get buy-in at all levels.
The Strategic Framework is agreed at the start with BoD and management team through workshops.
The project execution entails individually tackling all areas listed in the Three Pillar Approach listed in the Central Bank's guidelines.
This includes, but is not limited to SolutionOut's project team working with your team and completing the major deliverables below:
Identifying critical processes and associated tolerances
Process Mapping and documenting the critical processes
Mapping third party dependancies
Conducting Process analysis, documenting and testing mitigation plans
Reviewing and updating BCP, Cyber Resilience, Incident management, Communication and Learning Strategies
These are done through workshops and individual consultations with process experts in your business.
Documentation is created and signed off with the relevant stakeholders.
Training and support are provided to make the team self sufficient to update and manage the deliverables in the future.
How much does this project cost?
Operations Resilience is an investment for the future. There are different approaches to pricing that can help make it suitable for you. Please contact us and we can discuss what works best for you.