Risk Management Benchmarks 2022 report – assuming new responsibilities
Insights on risk priorities among central banks and how they are changing
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Central banks were at the forefront of the policy response to the pandemic, and changed risk management practices are becoming an increasingly important element in their toolbox. Central Banking’s benchmark data shows that over the last year a majority of central banks (57%) modified their collateral policies, and close to 40% reduced haircuts on banks’ collateral.
Risk managers placed reputational risk as the most pressing concern for
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Mean risk management salary greater in high income countries
Salaries average $72,738 in rich countries but $33,464 in upper-middle income nations
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Workers in middle income institutions tend to leave at a higher rate
Operational and financial risk units have largest staff
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