1、Copyright 2023 by The Risk Management Association and Oliver WymanShifting Priorities,Enduring Risks:The 2023 RMA and Oliver Wyman CRO Outlook SurveyNovember 2023December 2023Shifting Priorities,Enduring Risks:The 2024 RMA and Oliver Wyman CRO Outlook SurveyAdvance your world.2Shifting Priorities,En
2、during Risks:The 2024 RMA and Oliver Wyman CRO Outlook SurveyWith cyber risk ever prevalent,significant new regulatory guidance taking hold,and banks reliance on third parties for technology growing,chief risk officers continue to spend the largest share of their time monitoring and managing non-fi-
3、nancial risks.But in the wake of a liquidity crisis that felled three institutions and brought numerous bank deposit runsand with credit risk spikingfinancial risks are also demanding increasing attention.Thats according to the latest edition of the RMA and Oliver Wyman CRO Outlook Survey.Conducted
4、in summer 2023 with contributions from 51 institutions with diverse asset sizes and geographic footprints,the survey gathered information about:Risk agendas,emerging risks,and budgeting.Reactions to the regional banking crisis across the industry.External outlooks on the macroeconomic,regulatory,and
5、 competitive land-scapes.In a fast-moving world where multiple and changing exposures can make manag-ing risk feel like playing zone defense,the survey highlights how peer risk leaders and institutions are balancing their time and attention.In detailing how CROs spend their time and CRO assessments
6、of top risks and priorities,the survey data put a banks risk management practices in context and inform its journey going forward.Jake Ritchken,a principal at Oliver Wyman,said the survey report“highlights several important trends for CROs as they look to prioritize their initiatives for 2024,partic