What We’ve Learned About Keeping Banks Safe

Recorded On: 04/18/2023

Presented by:

Michael Cohn
Principal

Drew Coveney
Internal Audit Senior Manager

Michael D. Cohn

Principal

Wolf & Company, P.C.

Mike is a Principal and the Director of the Virtual Risk Management group where he’s responsible for leading the strategic direction. He actively participates in many of the group’s client engagements including Enterprise Risk Management (ERM), ESG, Virtual CRO, board training, and others for banks, credit unions, fintech firms, and professional service organizations. With over 25 years in the banking and technology industries, he has extensive knowledge in strategic planning, corporate governance, technology strategy, and fintech management issues. Mike also regularly presents strategy and ERM trends and techniques at conferences and for industry professionals.

Mike is an avid extreme adventurer, enjoying snowboarding, rock climbing, and acting as a high mountain alpine guide. When not fulfilling his role as a “soccer dad,” he tries to convince his teenage children that mom is really going ice climbing on the family vacation.

Drew V. Coveney

Internal Audit Senior Manager

Wolf & Company, P.C.

Drew is a Senior Manager in Wolf’s Advisory Group and serves on the Firm’s Internal Audit Team, where he’s responsible for coordinating, supervising, and executing internal audit services for clients. He also serves as an engagement manager for WolfPAC Solution’s enterprise risk management consulting and advisory services. With over nine years of experience in the field, Drew provides expert advice for the development of risk appetites, the determination of key risk indicators, and the evaluation of risk management governance models.

Drew has significant expertise in lending, deposit operations, automated clearing house (ACH), branch operations, the Federal Deposit Insurance Corporation Improvement Act (FDICIA), operational and financial control reviews, internal audit department optimization, and Sarbanes Oxley (SOX) 404 control reviews. He’s also the Firm’s asset liability and liquidity funds management expert. Throughout his career, Drew has overseen operational and financial audits for institutions ranging from $100 million in assets to multi-billion dollar holding companies.

Drew lives in Massachusetts with his wife, sons, and their family dog. When he’s not at work, he enjoys playing golf and basketball, spending time with his family, and traveling with friends.

What We’ve Learned About Keeping Banks Safe
04/18/2023 at 3:00 PM (EDT)  |  Recorded On: 04/18/2023
04/18/2023 at 3:00 PM (EDT)  |  Recorded On: 04/18/2023 Risk management programs are now a Main Street competency in the business manager’s toolbox, yet many of the tools are misunderstood and under utilized, and the overall risk management program not properly funded. Starting with foundational building blocks and layering enhanced risk monitoring and corporate risk governance on top, our vision for a robust risk program can assist in development of a clear roadmap for success. Learning objectives: • Participants will acquire a common understanding of foundational risk management elements • How to build a framework to keep the Bank safe • Receive a roadmap for next generation tools and techniques