<ul><li>The role and impact of the chief risk officer (CRO) is evolving dramatically as financial services become more interconnected and technology-driven.</li><li>CROs are now responsible for quickly identifying and managing risks in a complex environment, redefined by the digitization of business processes and money movement.</li><li>CROs are expected to lead cyber defense efforts, address third-party risk management, and utilize governance, risk, and compliance (GRC) tools for streamlined risk management.</li><li>The CRO's role also expands to becoming core strategists, working alongside CEOs and CFOs to assess risks in real-time and challenge stakeholders to think critically about new investments and initiatives.</li></ul>

Chief Risk Officers Suit Up for Digital Duty

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