Plansmith will develop a Capital Maintenance Plan and Policy for Client which will include a management development session and comprehensive risk profile assessment. The Plan will address the following areas:
Capital Stress Testing
- Client’s Risk Profile
- Capital Requirements
- Capital Alternatives
- Reporting Requirements and Policy Exceptions
- Policy Review
Plansmith will develop three separate stress test scenarios, conduct the noted stress tests, and perform reverse stress testing. Client will be provided with a Capital Stress Test summary narrative report documenting the stress test, including methodology, assumptions, and assessment of results.