From how-to articles, director training videos, key interviews with industry leaders and more, Bank Services provides bank executives and directors with the tools to help grow their financial institutions. To sign up for exclusive access to this online bank board resource, please contact Bank Services at 615-777-8461 or [email protected].
The Job of a Chief Risk Officer
Citizens Republic Bancorp, a bank holding company with $9.6 billion in assets in Flint, Michigan, started a risk office and hired a chief risk officer seven years ago at the urging of regulators. Like many banks, it struggled in the aftermath of the recession but returned to profitability and exited a memorandum of understanding with regulators. Although banks below $50 billion in assets aren’t technically required to have a chief risk officer, many smaller banks do. Steve Figliuolo has had the job since 2005. He talked to Bank Director in 2012 about his work, his views on what makes a…
You have accessed a resource that is only available to our Bank Services members.
Read The Article
Please enter your username and password below. If you have established a password please click ‘forgot your password’