carolinaindian02 OP t1_jc5k9e4 wrote
Reply to comment by WorshipNickOfferman in Silicon Valley Bank posted 'financial crimes' senior manager job listing just before closure by carolinaindian02
They didn’t have a risk management officer between April 2022 and January 2023.
Edit: and the risk officer they eventually hired turned out to be ex-Deutsche Bank.
jimbosdayoff t1_jc5q1bk wrote
That sounds like a recipe for...a situation with unmanaged risk
WorshipNickOfferman t1_jc5qir4 wrote
But they had a risk management team, it just did not have a full officer in charge.
NotYetSoonEnough t1_jc5rgjl wrote
They should have hired the guy who made George Costanza’s risk management audiobook.
LonnieJaw748 t1_jc5u9ht wrote
Serenity NOW
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