Risk USA: Link compensation to 'risk awareness', say CROs

Money mousetrap

Banks and hedge funds are formally linking compensation to employees' risk and compliance track record in an effort to create a stronger risk culture.

Deutsche Bank now factors breaches of risk rules into an individual's year-end performance reviews. "In areas of the business where it's really black and white in terms of behaviour we want to see or don't want to see – such as if a trading business breaches its limits or if a risk officer doesn't attend compliance training – you get red flags

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: