project

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.

In this paper, please address the following questions: THE BANK I CHOSE IS BANK OF AMERICA

• 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.

                                     rubric

Identified members of the board of directors and the significance of their role at the bank - 10 Points
Identified members of the executive committee and discussed their qualifications for their positions - 20 Points
Discussed the impact of the Sarbanes-Oxley Act and other legislation on the financial reporting for the bank - 35 Points
Discussed asset-liability management at the bank - 30 Points
The assignment met the minimum page length of 3 pages, demonstrated the use of library resources, and demonstrated proper APA mechanics - 5 Points