Increased Job Pressure Hits 75% of Risk Leaders
Risk leaders are feeling strained with three in four reporting that pressure has increased on their role in the past year, a survey by Riskonnect found.
The survey of more than 250 risk, compliance and resilience professionals also discovered that 20% said the rise in pressure was significant. More than a third (37%) described their job pressure as “high” or “extreme.”
“That increased pressure is not surprising since risk leaders are shouldering much more than a few years ago,” a summary of the survey said. “They’re expected to cover more ground, see further ahead, and respond faster, all without a corresponding increase in headcount or budget.”
Sometimes other departments are causing headaches for risk teams. About two in five (41%) reported that another department had made a risk-based decision in the past year without consulting the risk team that had a significant, unforeseen disruption on a different area of the organization.
Read the full article in Corporate Compliance Insights.
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