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Board and risk committee pack

The risk committee meets next week. You are asked for one pack covering portfolio, limits, models and audit. A pack that answers questions before they are asked.

11 steps · 11 tools (0 free) · for risk analysts at banks and NBFCs

Tools you will use

This playbook is free to read. The prompt for each step is inside its tool. See the Pro tools.

MIS reconciliation to financePortfolio MIS and growth
Monthly and quarterly portfolio review packGovernance and board
Leading-indicator dashboardRecovery and early warning
Risk appetite statement and limitsGovernance and board
Concentration and large exposure limitsNPA, SMA and provisioning
Audit observation closure trackingDiligence and audit
Monthly risk report for team leadsReporting and communication
Executive summary writingReporting and communication
Variance commentaryReporting and communication
Board and risk committee packGovernance and board
Presenting to non-risk teamsReporting and communication

Check these first

Each tool asks the same questions and gives you a prompt to build whatever is missing.

Monthly review numbers already reconciled?
YesNo
Risk appetite limits and current usage?
Have itDon't have it
Open audit observations list?
Have itDon't have it

The steps, in order

Each step names the tool to open.

Set up

01
Reconcile the numbers

No pack goes out with unreconciled numbers.

MIS reconciliation to finance

Gather

02
Portfolio review pack

The core numbers and reasons.

Monthly and quarterly portfolio review pack
03
Leading-indicator dashboard

What is coming next.

Leading-indicator dashboard
04
Risk appetite status

Where you are against each limit.

Risk appetite statement and limits
05
Concentration and large exposures

Top exposures against limits.

Concentration and large exposure limits
06
Audit observations

What is open, overdue and why.

Audit observation closure tracking

Write

07
Monthly report for team leads

The detailed layer behind the committee summary.

Monthly risk report for team leads
08
Executive summary

One page that stands alone.

Executive summary writing
09
Variance commentary

Why numbers moved.

Variance commentary

Present

10
Committee pack

Order, decisions asked, and appendix.

Board and risk committee pack
11
Present to non-risk readers

Explain terms without losing accuracy.

Presenting to non-risk teams

Check before you send

  • Every number is reconciled with a date or marked unreconciled.
  • The pack states the decisions asked for on the first page.
  • Limit breaches are shown with the plan to fix them.
  • Open actions from last meeting are closed or carried with a reason.

Warning signs

A limit breach appears only in the appendix.
The summary has no number that could be wrong: it says nothing.

What you hand over

A committee pack with a one-page summary, a decisions list and an appendix of supporting tables.

In your profile

Once you are signed in, your profile shows which steps you can run with the tools you own, and which tools you still need.

Other playbooks

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