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#2229724 - 01/28/20 01:37 PM Risk Officer Board Approval
bcompliance Offline
Diamond Poster
Joined: Sep 2014
Posts: 1,294
Does anyone know where I could find if the BOD has to approve the risk officer annually or if a risk officer is a requirement?
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Risk Management
#2229742 - 01/28/20 02:59 PM Re: Risk Officer Board Approval bcompliance
Adam Witmer Offline
Power Poster
Joined: Sep 2010
Posts: 2,658
I don't know of either such requirement. That said, your Risk Officer may include duties that require designation and approval (security/BSA/etc), but I know of no such requirement for a "risk officer."

Your internal policies may also have guidelines for you to follow.
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Adam Witmer, CRCM

All statements are my opinion, not those of my employer, and should not be taken as legal advice.
www.compliancecohort.com

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#2229948 - 01/30/20 06:09 PM Re: Risk Officer Board Approval bcompliance
bcompliance Offline
Diamond Poster
Joined: Sep 2014
Posts: 1,294
I didn't think it was required by regulation either. Thanks Adam.
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