Background
SecureBank is a leading financial institution operating across multiple regions, managing a complex landscape of regulatory, operational, and cyber risks. As the risk environment evolved and teams became more dispersed, leadership identified a need to improve how risk information was communicated, shared, and acted upon across the organisation.
Challenge
Risk information was fragmented across business units, with inconsistent reporting formats and limited visibility of emerging threats. Communication between risk management, IT security, compliance, and operations lacked clarity, leading to duplication of effort and slower response times.
Stakeholders—from executives to frontline managers—required a unified, transparent view of risk exposure and resilience priorities.
Approach
SecureBank launched a Risk Communication Enhancement Programme, built around three core pillars:
1.Stakeholder Mapping
Stakeholders were categorised by influence and interest, from Executive Leadership (high influence, high interest) to Operational Teams (high interest, moderate influence) and External Regulators (high influence, low operational interaction).
A visual influence–interest matrix helped prioritise communication needs and tailor engagement strategies.
(Insert visual: Stakeholder Influence/Interest Matrix – colour-coded quadrants)
2.Digital Platform – Integrated Risk & Resilience Hub
SecureBank developed a central intranet-based dashboard integrating risk data, alerts, mitigation plans, and KPIs.
Evolving from an Excel-based framework, the hub became an interactive, role-specific platform featuring:
• Dynamic risk registers with traffic-light indicators
• Automated dashboards summarising risk status and mitigation progress
• Collaborative workspaces for resilience planning and incident updates
• Training modules for staff awareness and engagement
(Insert visual: Intranet dashboard mock-up showing “SecureBank Integrated Risk & Resilience Hub” with sections for Key Risks, Owner, Impact, Mitigation Status, and Notifications)
3.Communication Protocols
Structured reporting cycles were introduced, including weekly team updates, monthly executive reviews, and quarterly resilience workshops—supported by standardised templates and clear escalation pathways.
Solution
The Integrated Risk & Resilience Hub became the cornerstone of SecureBank’s risk culture. It streamlined communication, enabled real-time visibility, and fostered a shared understanding of priorities. Stakeholder mapping ensured that information reached the right audience in the right format, enhancing transparency and accountability.
Results
• 60% reduction in risk report turnaround times
• Improved stakeholder engagement through targeted communication
• Enhanced organisational resilience via data-driven insights and collaboration
• Positive audit feedback on governance and information transparency
SecureBank’s experience demonstrates how digital integration and effective stakeholder communication can transform risk management from a compliance activity into a proactive resilience capability.