Like it is in the First Amendment, a separation of church and state is also critical for banks. And in financial services, that means ensuring there is distance between the employees who make the daily decisions that help drive revenue and those who are responsible for ensuring such decisions fall within the bank’s risk parameters. That’s where a chief risk officer can step in. “Risk management is a process, not an event,” says David Dunn, chief risk officer at FIS, a core technology provider.