Fractional Chief Risk Officer
Charged with risk management. Evaluates risk and takes effort to avoid, control, absorb, or transfer risk factors, and balances risk versus reward. Responsible for assessing and mitigating significant competitive, regulatory, and technological threats to a firm's capital and earnings. Risks responsible for fall under the categories of strategic, reputational, operational, financial, or compliance-related. Often called chief risk management officer (CRMO).
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