To Be Effective, Compliance Risk Management Professionals Must Design a Framework

To be effective, compliance risk management professionals must design a framework to ensure that bank management understands the risks and the steps that must be taken to mitigate them. The many roles compliance professionals fill incorporate risk management aspects including:

A) Coordinating regulatory exams to explain risks to examiners
B) Overseeing compliance training targeting higher risk areas
C) Tracking regulatory proposals and final rules to understand new risks
D) All of these

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