What is typically NOT included in the significant influence functions?

The role of a Chief Risk Officer (CRO) typically focuses on managing and identifying risks that could impact the organization, rather than directly influencing investment strategies or decision-making processes that align with significant influence functions in a financial context. Significant influence functions generally relate to positions that have a direct impact on investment decisions, corporate governance, and strategic direction, which are more closely associated with roles such as investment advisors, directors, and corporate finance advisors.

Investment advisors and corporate finance advisors play essential roles in assessing investment opportunities and advising on financial strategies, both of which entail exercising significant influence over decision-making. Directors, being part of the board, are responsible for steering the company's strategies and policies, which directly involves exercising significant influence over the organization’s direction.

In contrast, while the Chief Risk Officer certainly plays a crucial role in any organization, their primary responsibilities do not typically involve the same level of direct influence on investment decisions or corporate strategy as those in the other roles mentioned, thereby making it unlikely for their position to be classified within significant influence functions.