Re-evaluating Your Risk Assessment Process

Many risk assessments still run on annual habit and gut feel ratings, and regulators no longer accept that. In this Compliance & Coffee session, Grace Brasington, Executive Managing Director at Asurity Advisors, and Ryan Labriola, Senior Manager at Asurity Advisors, walk through what a defensible, quantitative risk assessment looks like, where AI is genuinely helping, and why the compliance officer’s judgment is not going away.

Missed the live session? The conversation is available to watch on demand below.

What You’ll Learn

• What separates a defensible, quantitative risk assessment from one built on subjective, gut feel ratings?
• Why is a risk assessment never a one and done exercise, and what should trigger a reassessment?
• Where should you start if you do not yet have a GRC tool: spreadsheet, content provider, or both?
• Where is AI actually earning its place in the risk assessment process, and where has it fallen short?
• What guardrails does a compliance officer need to keep in place when AI is part of the process?
• What does the future of the compliance department look like as AI adoption spreads across other business lines?