Key takeaways
- An agent can read incident reports, loss events, control test results and regulatory updates, and flag the items that breach your own thresholds.
- Every summary cites the record or policy it came from, so your second line can check it before it goes to a risk committee.
- Your team decides what counts as a breach, who owns the follow-up and what the agent may touch; the agent drafts, people approve.
- This work sits inside your existing risk governance framework; the agent supports the first and second lines and does not change who owns a control or who signs off a risk.
Stop spending the week gathering evidence instead of judging it
Your operational risk team watches incident logs, loss event databases, control self-assessments, audit findings, vendor issues and regulatory change notices. Each lives in a different system, and each has its own owner.
Most of the week goes into gathering: pulling the latest test results, matching an incident to the control that should have caught it, and writing the same status summary for the committee pack. The judgment work gets the time that is left, and a failure between scheduled tests can sit unseen until the next cycle or until a loss makes it visible.