WHO ARE TODAY’S CHIEF RISK OFFICERS?

SECOND LINE ADVISORS CONDUCTED RESEARCH AND ANALYSIS ON THE BACKGROUNDS OF CHIEF RISK OFFICERS FROM THE
TOP 50 LARGE BANK HOLDING COMPANIES (HCs) TO IDENTIFY TALENT, PROFILE, DIVERSITY, AND CAREER PATH.
*AT THE TIME OF PRINTING THIS REPORT, ONE CRO POSITION REMAINED OPEN. THIS DATA INCLUDES THE CROS WHO ARE DUE TO START LATER IN 2018.

DIVERSITY

UP
ONLY FEMALE
FEMALE 12%
FROM 2017

CRO FOR A BANK OVER

TOTAL
DIVERSITY
26% $250BN IN ASSETS
100%

CRO PROFILE
OF CROS FROM
RISK, CREDIT, &
BUSINESS 76%
DOWN
FROM OTHER*
BACKGROUNDS IN 2017 BACKGROUNDS ARE
FROM BANKS UNDER
$250BN IN ASSETS
OTHER* UP *OTHER BACKGROUNDS INCLUDES: AUDIT,
BACKGROUNDS 22% FROM
IN 2017 REGULATORY, TREASURY, OPERATIONS, FINANCE, &
LEGAL
100%

HIRING
CURRENT
CROS HIRED 36% ARE DIVERSE
OF EXTERNAL HIRES
AV E R AG E T I M E
EXTERNALLY BETWEEN CEO & CRO
C H A NG E =
MONTHS
“NEW” CROS HIRED
WITHIN 1.5 YRS. OF 47%
CEO CHANGE
100%

TENURE
OVER 5 YEARS 8% OVER $250BN

AV E R AG E
AS CRO IN ASSETS
30% UNDER $250BN
IN ASSETS TENURE IN 2018 =
UNDER 1 YEAR
AS CRO
38% YEARS
27%
100%

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