At bigger banks, enterprise risk owns scenario frameworks
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Risk Benchmarking research finds ERM teams tasked with providing effective challenge on scenario construction across risk silos
This article is part of a series benchmarking bank enterprise risk management practices. Subscribers can view selected cuts of the underlying data here, and sign up for Risk Benchmarking emails here.
Enterprise risk teams are responsible for running bank-wide scenario-analysis and stress-testing frameworks at a narrow majority of firms, according to the latest round of Risk.net’s Enterprise Risk
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