Enterprise risk managers: police or foot soldiers?
With more than 5,000 data points from 37 banks, our first ERM Benchmarking exercise shines a light on very different missions
This piece is part of a series benchmarking bank enterprise risk management practices. Sign up for Risk Benchmarking emails here.
When we began exploring the idea of a benchmarking exercise for enterprise risk management (ERM), the very first research call with a major bank was almost the end of the project.
Standardised questions that sought to compare ERM structures would fall flat, the head of
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@risk.net
More on Enterprise risk
At bigger banks, enterprise risk owns scenario frameworks
Risk Benchmarking research finds ERM teams tasked with providing effective challenge on scenario construction across risk silos
Supervisors becoming more demanding, say ERM teams
Risk Benchmarking: More than half report rising supervisory contact, despite unchanging requirements for an ERM function
Enterprise Risk Benchmarking 2026: explore the data
View interactive charts from Risk.net’s 52-bank study, covering enterprise risk governance, appetite setting, board reporting, scenario analysis, culture and resilience
ERM’s influence is growing as its ranks are shrinking
Risk Benchmarking: Mandates expanding to include new threats like AI and geopolitical risk, but majority report flat to down headcount
Risk managers go softly-softly on AI adoption
ERM teams still in testing mode for most AI use cases, latest Risk Benchmarking study shows
Most banks embed risk appetite into business decisions
Risk Benchmarking: Second line more likely to be shut out when it comes to product launches or market entry
Four in five banks report breaching risk appetite in past year
Risk Benchmarking: Those reporting no breaches run skinnier appetite frameworks, despite similar governance mechanisms
Slimmed-down and automated, ERM seeks a seat at the top table
Latest Risk Benchmarking exercise finds ERM growing in influence, even as headcounts shrink
