PaymentsJournal
No Result
View All Result
SIGN UP
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
PaymentsJournal
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
No Result
View All Result
PaymentsJournal
No Result
View All Result

Up All Night: The Plight of the Chief Risk Officer

By Brian Riley
November 5, 2018
in Analysts Coverage, Credit
0
1
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn
credit risk

credit risk

There are differences between credit card bankers and corporate wholesale lenders, but my experience is there are types of bankers in functional roles that transcend the industry.  Whether you are a marketing manager at a credit card business like Bank of America or Citi, you and your corporate lender counterpart at PNC are likely the happy ones as new loans book.  Who doesn’t want to be a lender?

Operational folks in either business tend to be the resilient ones as they focus on delivering monthly customer service or collection goals.  Legal staff and compliance managers are the worriers.  Chief Risk Officers are the real worry-warts and rarely fun to challenge to a  good game of golf.  No Mulligans. Real Scorekeeping. No beer in the cart.

That is what makes today’s read interesting as the American Banker discusses “What’s Keeping Chief Risks Up At Night.”  While your credit card line managers contend with the intricies of call blocking for outbound calls or over-saturation of credit card accounts, the industry forum referenced in this article deals with the big picture.  All that, and a roomful of worriers.

  • The banking industry’s chief worriers have a lot to worry about these days.
  • Whether it’s increased competition from nonbank lenders, the rise of e-commerce and its impact on traditional bank clients or the uncertainty created by the pending shift to a new benchmark lending rate, risk executives and board members at big banks see no shortage of threats to their industry
  • Competition from nonbanks was top of mind during a panel discussion at a conference
  • …banks should be scrutinizing the potential spillover effects of bad loans in the nonbank sector for signs of weakening in certain sectors or certain pockets of the country.
  • …also spends a lot of time thinking about the looming shift to a new benchmarkrate on commercial loans and other products, as banks move away from the London interbank offered rate

The panache of a good marketing person? No way.  This is dry, serious, and focused.  Money2020 this is not.

  • “What is the shelf life of their existing business models? How do we use our data and analytics to determine the longevity of their shelf life when we make decisions — credit decisions and business decisions?”
  • … panelists nonetheless said that bank executives and directors are ultimately responsible for spotting patterns of misbehavior at their companies.

Interesting, but keep me a good old operations job any day!  Operational challenges are fun to deal with.  Worrying is no fun.

Overview by Brian Riley, Director, Credit Advisory Service at Mercator Advisory Group

1
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn
Tags: CreditFraud Risk and Analytics

    Get the Latest News and Insights Delivered Daily

    Subscribe to the PaymentsJournal Newsletter for exclusive insight and data from Javelin Strategy & Research analysts and industry professionals.

    Must Reads

    bank chatbot

    When It Comes to Chatbots, Banks Are Falling Behind Fintechs

    February 20, 2026
    embedded payments finance

    How Developers Are Driving the Future of Embedded Payments

    February 19, 2026
    gift card strategy

    The Gift Card Shift: From Convenience to Core Shopping Strategy

    February 18, 2026
    Tina Shirley

    From Cross-Border Payments to Community Banks: The Future of Zelle®

    February 17, 2026
    Startups: Fintechs Data Streaming Technology in Banking, corporates Enriched Data vs Faster Payments

    Fighting Fraud in the Era of Faster Payments

    February 13, 2026
    cross-border payments

    Solving for Fraud in Cross-Border Payments Requires Better Counterparty Verification

    February 12, 2026
    agentic commerce

    Demystifying the Agentic Commerce Enigma

    February 11, 2026
    payment gateways

    How Payment Gateways for Businesses Can Help You Offer Your Customers More Options

    February 10, 2026

    Linkedin-in X-twitter
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter

    ©2024 PaymentsJournal.com |  Terms of Use | Privacy Policy

    • Commercial Payments
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    No Result
    View All Result