What is the role of a Chief Risk Officer (CRO)? By James Lam

James Lam is a professional with extensive experience as Chief Risk Officer, management consultant, and private and public board member. Widely recognized as an early advocate of enterprise risk management, and noted as the first-ever “Chief Risk Officer”. James is also a frequent keynote speaker for board-level and executive-level conferences.
#DESCRIPTION
James Lam explains what he sees as the responsibilities of the Chief Risk Officer. He goes over some of the skills that CROs should have including the ability to push back at management if he or she feels that the organization is taking on excessive risks or not dealing with compliance issues. Lam discusses some of the major tasks of the CRO including working with the board, hiring the right people, and providing the right organizational leadership in corporate risk. He also talks about his experience as the first CRO.
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