Risk managers want closer relationship with first line
Risk Live: New risks emerging at speed means deep division between lines of defence is dangerous
Closer co-operation between first and second lines is vital to respond to an environment where risks are moving much faster, according to risk managers.
“There is a cultural element of how to bring our advisory and collaboration element early enough to the table, but at the same time keep our challenge hat on,” said Anuja Verma, chief risk officer of State Street’s UK, Ireland and Middle East
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