This is a great article by Kate Strachnyi from Risk Articles which shows a very interesting analysis and findings on the role of Chief Risk Officer (“CRO”). The main question driving this analysis was: Where do CROs come from?
Using product Tableau, the study displays a visual timeline style chart and relies on key data from each organisation in scope – in this case, the 10 largest US banks* – showing the evolution of employees’ roles down to two levels prior to their role as CRO.
The main finding of this study is that the CROs of the 10 largest US banks come from different walks of life. However, the majority (80%) of CROs came into this role as internal moves and promotions, versus external hires. Another highlighted fact is that 100% of the CROs captured by this analysis were male and 80% of the CROs come from a Risk Management focused role.
The analysis also concluded that some were CROs in their previous firms and some were working in specific Risk Management areas, such as corporate credit risk.
See the tableau study below or browse down to the download (PDF) link.
Download the Tableau
* assets size marked on 30 Sep 2015
About the Author
Obsessed with data science and in love with Tableau
Currently working for Deloitte as an Insights & Visualization Lead in their CIO Program. Previous to that, I spent over five years in a client facing role working with large financial services institutions in the risk management and regulatory compliance space.
Tableau Desktop 10 Qualified Associate
Project Management Professional (PMP)Very passionate towards all things data and visualization. I am a huge fan of Tableau as it allows me to do my job in a creative way.
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featured image by snowing / freepik
