Does anyone have insight into what’s happening with 2LOD Risk right now? From where I’m sitting, it feels increasingly chaotic and disorganized, and it seems like the engagement models are really starting to suffer as a result.
I genuinely feel for our 2LOD partners. They all seem under a lot of pressure—stressed, uncertain, and concerned about their roles. Given that the second line of defense is supposed to provide oversight, structure, and consistency across risk and compliance, it’s especially concerning to see things feeling so unsettled.
It just doesn’t feel sustainable in its current state, and I worry about the broader impact this is having—not just on those teams, but on how effectively risk is managed overall.