What is Enterprise Risk Management?
ERM is a cutting-edge risk practice that supports the achievement of the Bank’s strategic objectives by identifying and managing business, operational, financial and systematic risks, which may impact the Bank’s stakeholders.
To help ensure safety and soundness, Peapack-Gladstone Bank has built a sophisticated enterprise risk management process, which employs Bank-wide risk assessments, sophisticated risk management procedures, strong systems of policies and procedures and best practices in governance.