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S3 | E10: Why Should a Financial Institution CEO Prioritize ERM?

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Manage episode 470808120 series 3480871
Content provided by SRA Watchtower. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SRA Watchtower or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Enterprise Risk Management (ERM) has long been viewed as a defensive function—something financial institutions do to satisfy regulators and avoid compliance issues. However, this perspective is outdated. In today’s volatile business environment, ERM is a strategic necessity that enables organizations to anticipate challenges, seize opportunities, and make more informed decisions. In this episode of The Risk Intel podcast, Shawn Ryan joins host, Edward Vincent to explore why ERM should be a CEO priority. They discuss the pitfalls of siloed risk management, the need for an enterprise-wide approach, and how organizations can elevate risk management to a strategic function. Most importantly, we examine why the Chief Risk Officer (CRO) should have a strong presence at the leadership table and work closely with their CEO to ensure risk isn’t an afterthought, but the key driver of decision-making.

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96 episodes

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Manage episode 470808120 series 3480871
Content provided by SRA Watchtower. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SRA Watchtower or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Enterprise Risk Management (ERM) has long been viewed as a defensive function—something financial institutions do to satisfy regulators and avoid compliance issues. However, this perspective is outdated. In today’s volatile business environment, ERM is a strategic necessity that enables organizations to anticipate challenges, seize opportunities, and make more informed decisions. In this episode of The Risk Intel podcast, Shawn Ryan joins host, Edward Vincent to explore why ERM should be a CEO priority. They discuss the pitfalls of siloed risk management, the need for an enterprise-wide approach, and how organizations can elevate risk management to a strategic function. Most importantly, we examine why the Chief Risk Officer (CRO) should have a strong presence at the leadership table and work closely with their CEO to ensure risk isn’t an afterthought, but the key driver of decision-making.

Follow us to stay in the know!

  continue reading

96 episodes

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