Do Banks Really Need a Chief Risk Officer?

Are chief risk officers the solution to preventing another banking crisis? Join Ryan James, President & CEO of Surety Bank as he answers this question and shares his thoughts on the recent bill proposing the requirement of chief risk officers in large banks.  While acknowledging the value of having a chief risk officer, Ryan challenges the notion that it is the sole solution to preventing mismanagement and misregulation. He emphasizes the need for a comprehensive system of auditing and trusted advisors who can ensure banks are truly substantive and doing the right thing.  Thank you for watching this episode! If you enjoyed it and want to stay up to date with new upcoming episodes, please subscribe and share with a friend or colleague!For more information: ryangjames.com/paper-podcast