In at least one division, RCSA is being moved up a week, e.g. they have one week less to get work done. Itchy trigger finger for firings?
5 replies (most recent on top)
Pretty sure they are hiring more people for rcsa
As a former BCM is Finance, and basically resigned rather than fired, I have a theory about RCSA. They hired all these compliance people to MONITOR NOT HELP the business BCMs. Most are WAY over qualified, so they had to justify there jobs. Your run of the mill BCM is just a poor slob trying to close issues, and MRAs for the business... doing a halfway decent job, then all these compliance experts (ICRM,IT&V,EBCE, India folks) looking over our shoulders and NOT TRYING TO HELP THE CAUSE. I admit, I was probably not qualified to be a BCM, but honest hard work and 27 years of investment banking experience should count for something. WF and all the compliance folks can kiss my a-s and the horse I rode off on. PEACE OUT MFs!
If you work in RCSA and don’t know why - you’re either lying or you’re clueless. Hint - it has to do with regulators.
OP here. 100% not a troll; work in a RCSA Fx.
Well the other troll claimed there was "an emergency conference - huge gap in risk and controls", so not sure which lie to believe