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Not completely sure about that: "A risk officer typically anticipates and manages regulatory, operational, competitive or other risks faced by a firm." That l
by james_barton 4y ago
Not completely sure about that:
"A risk officer typically anticipates and manages regulatory, operational, competitive or other risks faced by a firm."
That looks like _non-financial_ risks. If that was the role of the CRO at SVB, the risk for this event probably should have been with the CFO?
- kortilla 4y ago“Operational” at a bank includes financial risks.
- james_barton 4y agoI know of at least one large European bank where it explicitly doesn't.