Managing Operational Risk

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Measuring And Managing Operational Risk

Author : Paola Leone
ISBN : 331969409X
Genre : Business & Economics
File Size : 65.63 MB
Format : PDF, Kindle
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This book covers Operational Risk Management (ORM), in the current context, and its new role in the risk management field. The concept of operational risk is subject to a wide discussion also in the field of ORM’s literature, which has increased throughout the years. By analyzing different methodologies that try to integrate qualitative and quantitative data or different measurement approaches, the authors explore the methodological framework, the assumptions, statistical tool, and the main results of an operational risk model projected by intermediaries. A guide for academics and students, the book also discusses the avenue of mitigation acts, suggested by the main results of the methodologies applied. The book will appeal to students, academics, and financial supervisory and regulatory authorities.
Category: Business & Economics

Managing Operational Risk In Financial Markets

Author : Amanat Hussain
ISBN : 0750647329
Genre : Business & Economics
File Size : 79.20 MB
Format : PDF, ePub
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Risk management is one of the biggest issues facing the financial markets today. This volume outlines the major issues for risk management and focuses on operational risk as a key activity in managing risk on an enterprise-wide basis.
Category: Business & Economics

Managing Operational Risk

Author : Douglas G. Hoffman
ISBN : 0471412686
Genre : Business & Economics
File Size : 80.67 MB
Format : PDF, Kindle
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Published in association with the Global Association of Risk Professionals As e-commerce and globalization continue to expand, so does the level of operational risk, increasing the need for guidance on how to measure and manage it. This is the definitive guide to managing operational risk in financial institutions. Written in a concise, no-nonsense style, and containing numerous real-life case studies, it covers all the bases from the basics of what operational risk is to how to design and implement sophisticated operational risk management systems. Readers will appreciate the up-to-the-minute coverage of the latest techniques and practices to manage operational risk. They will learn how to enhance their positions in the face of anticipated new regulatory standards and capital requirements. Douglas G. Hoffman (Fairfield, CT) is an independent consultant in operational risk management. His firm, Operational Risk Advisors, provides executive training and assists financial institutions and corporate clients worldwide in operational risk analysis and mitigation.
Category: Business & Economics

Operational Risk Management

Author : Philippa X. Girling
ISBN : 9781118532454
Genre : Business & Economics
File Size : 88.19 MB
Format : PDF, Mobi
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A best practices guide to all of the elements of an effective operational risk framework While many organizations know how important operational risks are, they still continue to struggle with the best ways to identify and manage them. Organizations of all sizes and in all industries need best practices for identifying and managing key operational risks, if they intend on exceling in today's dynamic environment. Operational Risk Management fills this need by providing both the new and experienced operational risk professional with all of the tools and best practices needed to implement a successful operational risk framework. It also provides real-life examples of successful methods and tools you can use while facing the cultural challenges that are prevalent in this field. Contains informative post-mortems on some of the most notorious operational risk events of our time Explores the future of operational risk in the current regulatory environment Written by a recognized global expert on operational risk An effective operational risk framework is essential for today's organizations. This book will put you in a better position to develop one and use it to identify, assess, control, and mitigate any potential risks of this nature.
Category: Business & Economics

Operational Risk Management

Author : Ariane Chapelle
ISBN : 9781119549048
Genre : Business & Economics
File Size : 23.40 MB
Format : PDF, ePub, Docs
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OpRisk Awards 2020 Book of the Year Winner! The Authoritative Guide to the Best Practices in Operational Risk Management Operational Risk Management offers a comprehensive guide that contains a review of the most up-to-date and effective operational risk management practices in the financial services industry. The book provides an essential overview of the current methods and best practices applied in financial companies and also contains advanced tools and techniques developed by the most mature firms in the field. The author explores the range of operational risks such as information security, fraud or reputation damage and details how to put in place an effective program based on the four main risk management activities: risk identification, risk assessment, risk mitigation and risk monitoring. The book also examines some specific types of operational risks that rank high on many firms' risk registers. Drawing on the author's extensive experience working with and advising financial companies, Operational Risk Management is written both for those new to the discipline and for experienced operational risk managers who want to strengthen and consolidate their knowledge.
Category: Business & Economics

Managing Operational Risk

Author : Douglas Robertson
ISBN : 9781137442178
Genre : Business & Economics
File Size : 67.51 MB
Format : PDF, Docs
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Operational risk is the risk of loss from inadequate or failed internal processes, people, and systems or from external events. This book explores the different types of operational risk that threaten financial institutions, and focuses on practical due-diligence methodologies that can be used to identify these risks before it is too late.
Category: Business & Economics

Mastering Operational Risk

Author : Tony Blunden
ISBN : 9780273778844
Genre : Business & Economics
File Size : 58.28 MB
Format : PDF, Kindle
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A practical guide, from the basic techniques, through to advanced applications, showing you what operational risk is, and how you can manage it. Mastering Operational Risk provides a step-by-step guide from the basic elements of operational risk through to advanced applications of operational risk management. Focusing on practical applications, it gives you the knowledge needed to understand what operational risk is and puts in place a workable way of managing it.
Category: Business & Economics

Operational Risk Modeling In Financial Services

Author : Patrick Naim
ISBN : 9781119508502
Genre : Business & Economics
File Size : 69.3 MB
Format : PDF
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Transform your approach to oprisk modelling with a proven, non-statistical methodology Operational Risk Modeling in Financial Services provides risk professionals with a forward-looking approach to risk modelling, based on structured management judgement over obsolete statistical methods. Proven over a decade’s use in significant banks and financial services firms in Europe and the US, the Exposure, Occurrence, Impact (XOI) method of operational risk modelling played an instrumental role in reshaping their oprisk modelling approaches; in this book, the expert team that developed this methodology offers practical, in-depth guidance on XOI use and applications for a variety of major risks. The Basel Committee has dismissed statistical approaches to risk modelling, leaving regulators and practitioners searching for the next generation of oprisk quantification. The XOI method is ideally suited to fulfil this need, as a calculated, coordinated, consistent approach designed to bridge the gap between risk quantification and risk management. This book details the XOI framework and provides essential guidance for practitioners looking to change the oprisk modelling paradigm. Survey the range of current practices in operational risk analysis and modelling Track recent regulatory trends including capital modelling, stress testing and more Understand the XOI oprisk modelling method, and transition away from statistical approaches Apply XOI to major operational risks, such as disasters, fraud, conduct, legal and cyber risk The financial services industry is in dire need of a new standard — a proven, transformational approach to operational risk that eliminates or mitigates the common issues with traditional approaches. Operational Risk Modeling in Financial Services provides practical, real-world guidance toward a more reliable methodology, shifting the conversation toward the future with a new kind of oprisk modelling.
Category: Business & Economics

No Excuses

Author : Dennis I. Dickstein
ISBN : 9780470481103
Genre : Business & Economics
File Size : 85.58 MB
Format : PDF
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Why should a company have an operational risk management function and how should it be organized? No Excuses proposes that operational risk should be examined through the business processes, that is, the flows of business. It provides practical, how-to, step-by-step lessons and checklists to help identify and mitigate operational risks in an organization. As well, it shows how operational risk can be directly linked to the process flows of a business for all industries. CEOs, CFOs, COOs, CROs, CIOs, and CAOs will benefit from this innovative book.
Category: Business & Economics

Operational Risk Management

Author : Mark D. Abkowitz
ISBN : 0470281863
Genre : Business & Economics
File Size : 31.76 MB
Format : PDF, ePub, Docs
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Operational Risk Management offers peace of mind to business and government leaders who want their organizations to be ready for any contingency, no matter how extreme. This invaluable book is a preparatory resource for when times are good, and an emergency reference when times are bad. Operational Risk Management is destined to become every risk manager?s ultimate weapon to help his or her organization survive ? no matter what.
Category: Business & Economics

Operational Risk Management

Author : Hong Kong Institute of Bankers (HKIB)
ISBN : 0470827653
Genre : Business & Economics
File Size : 54.32 MB
Format : PDF
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A practical guide to identifying, analyzing and tackling operational risk in banks and financial institutions Created for banking and finance professionals with a desire to expand their management skill set, this book focuses on operational risk and operational risk events, as distinct from other types of functional risks. It was written by the experts at the world-renowned Hong Kong Institute of Bankers, an organization dedicated to providing the international banking community with education and training. Schools you in techniques for analyzing the operational risk exposure of banking institutions and assessing how operational risk impacts on other types of risk Provides expert guidance on how to design, plan and implement systems for operational risk management and quality control Describes a comprehensive approach to operational risk management that includes data collection, modeling and an overall risk management structure Shows you how to develop operational risk management solutions to help your company minimize losses without negatively impacting its ability to generate gains Offers expert guidance on various regulatory frameworks and how the latest Basel II and Basel III requirements impact a bank's operational risk management strategy and framework
Category: Business & Economics

Operational Risk Management

Author : Hong Kong Institute of Bankers (HKIB)
ISBN : 9780470827680
Genre : Business & Economics
File Size : 20.39 MB
Format : PDF, ePub
Download : 507
Read : 708

A practical guide to identifying, analyzing and tackling operational risk in banks and financial institutions Created for banking and finance professionals with a desire to expand their management skill set, this book focuses on operational risk and operational risk events, as distinct from other types of functional risks. It was written by the experts at the world-renowned Hong Kong Institute of Bankers, an organization dedicated to providing the international banking community with education and training. Schools you in techniques for analyzing the operational risk exposure of banking institutions and assessing how operational risk impacts on other types of risk Provides expert guidance on how to design, plan and implement systems for operational risk management and quality control Describes a comprehensive approach to operational risk management that includes data collection, modeling and an overall risk management structure Shows you how to develop operational risk management solutions to help your company minimize losses without negatively impacting its ability to generate gains Offers expert guidance on various regulatory frameworks and how the latest Basel II and Basel III requirements impact a bank's operational risk management strategy and framework
Category: Business & Economics

Operational Risk Management

Author : Ariel C. Pinto
ISBN : 9781606505311
Genre : Technology & Engineering
File Size : 44.13 MB
Format : PDF
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Businesspersons—including engineers, managers, and technoprenuers—are trained and drilled to make things happen. Part of their practice is to guide others on building monuments of success, and to make difficult decisions along the way. However, they will all realize that decisions they make eventually determine the chances they take, and become fraught with uncertainty. This book is developed to give businesspersons the opportunity to learn operational risk management from a systems perspective and be able to readily put this learning into action, whether in the classroom or the office, coupled with their experience and respective discipline.
Category: Technology & Engineering

Operational Risk And Resilience

Author : Chris Frost
ISBN : 008051314X
Genre : Business & Economics
File Size : 43.1 MB
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Well publicised failures in risk management have appeared with shocking frequency over the past few years. Affected firms can suffer significant commercial damage or even bankruptcy as a result. Only now is there a growing realisation that risk management is a key management responsibility. This book will help turn your firm into a 'risk aware' organization which will be able to avoid catastrophic loss. It will also enable senior management to make better strategic and operational decisions, thanks to an informed understanding of business hazards. Case studies from a wide cross section of different firms and markets are used to explain how to define, analyse and control operational risk. An insightful guide to one of the key topics of modern strategic and operational management, written by a team of expert risk management professionals Learn about the application of operational risk management to a wide range of market sectors, including commercial, retail and investment banking, investment management, insurance, the energy industry, telecommunications, manufacturing and logistics Case studies and worked examples from around the world, including North America, Western Europe, South East Asia and Latin America
Category: Business & Economics

A Short Guide To Operational Risk

Author : David Tattam
ISBN : 9781351961660
Genre : Business & Economics
File Size : 73.65 MB
Format : PDF, Mobi
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There is a growing awareness across both public and private sectors, that the key to embedding an effective risk culture lies in raising the general education and understanding of risk at every level in the organization. This is exactly the purpose of David Tattam's book. A Short Guide to Operational Risk provides you with a basic yet comprehensive overview of the nature of operational risk in organizations. It introduces operational risk as a component of enterprise wide risk management and takes the reader through the processes of identifying, assessing, quantifying and managing operational risk; explaining the practical aspects of how these steps can be applied to an organization using a range of management tools. The book is fully illustrated with graphs, tables and short examples, all designed to make a subject that is often poorly understood, comprehensible and engaging. A Short Guide to Operational Risk is a book to be read and shared at all levels of the organization; it offers a common understanding and language of risk that will provide individual readers with the basis to develop risk management skills, appropriate to their role in the business.
Category: Business & Economics

Guide To Optimal Operational Risk And Basel Ii

Author : Ioannis S. Akkizidis
ISBN : 9781420031140
Genre : Business & Economics
File Size : 36.78 MB
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Guide to Optimal Operational Risk and Basel II presents the key aspects of operational risk management that are also aligned with the Basel II requirements. This volume provides detailed guidance for the design and implementation of an efficient operational risk management system. It contains all elements of assessment, including operational risk i
Category: Business & Economics

Managing Operational Risk

Author : Dimitris N. Chorafas
ISBN : 1855648911
Genre : Bank management
File Size : 45.87 MB
Format : PDF
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Recent collapses of financial institutions show how operational risk should take an equal place alongside credit and market risk in the risk management strategy of all financial institutions. Managing Operational Risk is an invaluable guide to operational risks and their mitigation. Interest areas: risk management, banking, credit risk operations
Category: Bank management

Financial And Operational Risk Management At Molson Coors

Author : Chuck Munson
ISBN : 9780133757644
Genre : Business & Economics
File Size : 46.13 MB
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800x600 This new supply chain management case study illuminates financial risk management at top international brewer Molson Coors. Readers learn how the firm uses commodities trading and currency exchange hedging to mitigate risks, including risks associated with price spikes in barley, hops, aluminum, and energy. The authors take readers inside the Molson Coors' internal committees for managing financial risk, showing how the company seeks to protect both supply chains and profitability. Throughout, this case study focuses on realistic issues and challenges, offering exceptional value to both students and practitioners. Authors: Dennis Kira, Ahmet Satir, Dia Bandaly, all from Concordia University.
Category: Business & Economics