The challenge
Growth had taken the bank past an asset threshold that brought closer supervisory attention. The board wanted a Chief Risk Officer with experience at a larger institution who would still be comfortable building a function rather than inheriting one.
Our approach
We agreed a profile with the risk committee chair before approaching anyone, then spoke with sixty-two senior risk leaders at banks one size up. Every finalist presented a ninety-day plan to the committee, which made the final choice a clear one.
The outcome
The appointment was made on the first search. The new Chief Risk Officer rebuilt the risk framework within a year, and the bank's next supervisory review recognised the progress.
The plan each finalist brought to the committee told us more than any interview could.
Chair of the Risk Committee, regional bank
