Adopting an Enterprise Risk Management Approach by an FI Is

Multiple Choice

Adopting an enterprise risk management approach by an FI is likely to result in all of the following EXCEPT

A) prioritizing each risk and managing them as a portfolio of risks.
B) recognizing that risk-taking is rooted in subtle behavioral characteristics.
C) larger investments in risk management processes and systems.
D) encouraging a culture of risk awareness and decisions throughout the organization.
E) realignment of the stature and resources provided to risk management functions within the FI.