Article ID: fc36566df4d1573626bd769351696766acfd2124423cf28aeefedfa5e03f690c
Source ID: regulatory:risk.net
Published At: -
Extraction Method: trafilatura
URL: https://www.risk.net/resource/7964280/operational-risk-20-joining-up-the-function
Body Text
Operational risk 2.0: joining up the function This briefing from the Risk.net Operational Risk Leaders’ Network held in London in September 2026 captures insights from senior risk executives on how banks are breaking down risk-type silos, building data and analytics capability and redefining the role of the second line. Among the takeaways: - Risk-type silos are breaking down, with functions organising around connected themes such as resilience and third-party dependency - Business knowledge matters as much as framework expertise, and most banks pair business-facing risk partners with specialist teams - Some second lines are taking a more active role, including vetoes over artificial intelligence projects and ownership of key risk indicators - Data and analytics skills are now essential to understanding and evidencing risk - AI raises new questions about keeping first- and second-line challenges independent - Cost pressure is forcing functions to shrink and to question why each activity is still done. Download the report to explore how op risk leaders are restructuring their functions, using data to connect risks and balancing a broader mandate against tighter budgets. Download the whitepaper Register for free access to hundreds of resources.
Metadata (JSON)
{
"score": 3.155
}