The WolfPAC vSuite Edge
Technical, cost-effective risk management experts are in short supply and difficult to recruit and retain. Our suite of virtual consulting services (vSuite) provides a valuable extension to management teams that helps organizations fulfill their unique risk management initiatives.
Virtual Chief Risk Officer (vCRO)
A holistic approach to risk management is needed to keep your organization safe, but building an effective program requires specific skills and knowledge that can be expensive to recruit and retain. Our virtual Chief Risk Officers (vCROs) provide comprehensive guidance and customized solutions regardless of your enterprise risk management program maturity.
A dedicated professional will work diligently to support your organization across all three lines of defense—from conducting risk assessments and building risk management policies, to developing and maintaining risk appetite statements and reviewing key risk indicators (KRIs) against industry benchmarks, to board and management training and guidance. By aligning your risk management initiatives with your strategic objectives, we’ll ensure your organization is prepared to meet your goals safely.
Virtual Chief Information Security Officer (vCISO)
A comprehensive information security program is critical to the safety, reputation, and stability of your organization. Cybersecurity threats are constantly evolving and targeting organizations of all sizes and industries. Our virtual Chief Information Security Officers (vCISOs) provide in-depth analyses of your controls, step-by-step guidance, and innovative solutions to address your organization’s unique needs and security challenges.
Ensuring proper allocation of resources, we’ll help your organization create and implement the necessary procedures to meet regulatory obligations, secure your IT infrastructure, and defend against cybersecurity threats.
Virtual Fractional Compliance
Maintaining a robust compliance program can be challenging in the face of changing regulatory landscapes. Evolving requirements and interpretations mean organizations must update their programs to ensure they’re meeting examination expectations. Our Virtual Compliance team offers expertise in lending, operational, and retail compliance. We can assist with gap analysis, education and training, enhancing internal controls, and much more.
Our team will help you feel secure in meeting regulatory expectations while freeing up your time to focus on growth. We emphasize working with you as a trusted partner, crafting a compliance program that fulfills your organization’s unique needs.
Virtual BCP Coordinator
In today’s world, being aware of threats and disasters isn’t enough—organizations need to have plans in place to address risks and minimize business interruptions proactively. Our Virtual Business Continuity Coordinator services provide the right tools, techniques, and experts to build customized plans for long-term success.
We partner closely with you to develop business continuity and disaster recovery plans that align with your business goals and build robust documentation for the recovery of business functions and developmental resources.
Virtual Vendor Manager
Managing your vendor program is hard work that requires specialized resources, and can be a time-consuming endeavor when limited resources mean full-time staff isn’t viable. There’s plenty of data to collect, review, and organize – and adhering to regulations can be challenging. Without proper vendor management, you risk not meeting regulatory standards, potential financial loss from under-performing vendors, and operational inefficiencies.
That’s where our Virtual Vendor Manager comes in. Our expert will assist with every step of the vendor management lifecycle – from reviewing your program, to risk assessment, regulatory adherence, or even creating a new vendor management policy from the ground up. Wolf’s expert can join your management and leadership meetings to provide third-party expertise when it counts.
"WolfPAC laid the groundwork for our ERM program by providing an implementation roadmap and helping to develop core competencies of our risk management needs. They established a foundation for building our department and a more defined role for risk management by organizing our objectives, providing a risk management framework gap analysis and risk monitoring activity gap analysis, and identifying measurable KRIs."
Chris Strale
Senior Vice President & Enterprise Risk Manager
"WolfPAC helped us with an integral part of our business strategy—operational resilience and risk management. Their Risk Management solution provided predictive analytics and business intelligence, helping us to identify our critical operating risks and ensuring those areas received priority capital investments."
Maureen Hemhauser
Executive Vice President & Chief Risk Officer
"WolfPAC’s Third-Party Management solution thoroughly analyzed our third-party documents and simplified our process of consolidating critical vendor documents, improving our productivity by 50%."
Traci Michel
Senior Vice President & Operations
"In an effort to expedite the implementation of the WolfPAC modules, we decided to hire client services to assist us with this project. Not only were they friendly, professional, and knowledgeable, they also provided the necessary training so we had the expertise to maintain these modules independently going forward. As a result, we are happy to say our WolfPAC implementation took us half the time we expected!"
Cheri Caruso
Vice President & Senior Project Manager
"The three words that come to mind when it comes to WolfPAC are knowledgeable, customer-oriented, and flexible. I find that they are an incredible group of risk professionals and they take client feedback to heart."