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Interview August 27, 2024

Reviewing global resilience requirements and strengthening post-pandemic

Emily Nachlas, Chief Risk Officer (CRO), Western Alliance BankLinkedIn profile for Emily Nachlas

  • A holistic approach to risk management is crucial, integrating financial, operational, and regulatory risks into a unified strategy.
  • A solid grasp of fundamental banking principles is essential for making informed and effective risk management decisions.
  • Advanced technologies, such as AI and GRC platforms, are valuable tools for aggregating risk data, though creativity and adaptability are necessary to address unforeseen challenges.
  • Effective risk management relies on strong internal collaboration and communication, which are key to building a positive risk culture and preparing for future uncertainties.

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