Audit is in either a bad place morally or the talent level is in the gutter.
Audit is complicit in the mess that will be uncovered in 3 years.
Do they have a pulse? Anyone alive out there?
It’s not that hard. Huge mess in Corp Risk.
6 replies (most recent on top)
Omg ‘the florist’ lmao 🤣
Everyone is afraid of the Florist and will not stand up for what is the right thing to do for the company. He is not a Risk Leader, he just heads the risk department. He is totally incompetent but loud and belligerent so no one speaks against him, not even Audit. So yes, Audit is Complicit!
Also, they are all in the club together. Don’t rock the boat too much, so we can all keep getting these crazy salaries.
Isn’t there some restructure in Audit AIA too?
Were these AIA SAMs and leaders doing anything?
Over reliance on wildly generic risk instances in RCSA.
What could possibly go wrong?
The vagueness won’t pass muster over time.
What is the big pending doom for corp risk?
Not bad enough. Audit doesnt understand the business, doesnt understand how to manage risk, doesnt understand incentives. They focus on the most picky things like typos and generate endless meetings and paperwork over nothing. Audit has not prevented one single MRA or MRIA.
The perfect number of people in audit is zero.