Turnover of chief risk officers is on the rise as CEOs look to add executives whose experience goes far beyond assessing credit risk. Sometimes they are promoting from within, but often they are poaching talent from rival banks.
The new current expected credit loss (CECL) standard under the FASB is expected to be implemented in 2020. Many firms are well underway in organizing teams, conducting gap analysis, and reviewing interdependencies across the organization. Learn more on what your peers are considering in preparation for the new current expected credit loss (CECL) standard.