Wondering if anyone heard of anything going on in risk?
8 replies (most recent on top)
We have people working in reputational risk, but there is no such thing as reputational risk anymore, according to our regulators. The leader of that group is an EVP who has bombed out of every other role he has had at the bank. Someone needs to do our shareholders a favor and send that whole parasitic department to the curb.
They find issues when they don’t exist. They need to be pared way way down and focus their efforts where the risk is. Bloated beyond belief. The ax will fall in their direction.
JR and her managers are safe, since they do nothing. It’s the people who do stuff and ask the hard questions in risk who will be let go.
Not even Risk cares about risk. Every process, every team and org across the bank is a disaster. No one cares or follows or enforces policies. Every man for himself at this point. People making up their own rules and enlisting others to follow.
Who cares about risk? Literally.
Hopefully they start at the useless overinflated middle management. Some of these teams have 6 managers and only 2 reports. They've made a mess and mockery out of Risk and Compliance. The only leading these leaders do is leading us into the ground and pushing all the talent out first. These clowns are leading us to lawsuits.
Yes! I heard there will be layoffs in risk. There’s a lot of fat to trim.
There was a call regarding cutting expenses. Given that T&E is non existent these days, that can only mean one thing