Leaders can be part of the systems enabling harm or part of the systems addressing it—and the latter is better for business.

Defining operational risk Measuring operational risk Mitigating operational risk Capital budgeting for operational risk Conclusion References Western Banking Quarterly is a review of banking ...

For example, time-critical risk management is used when there is little time to make decisions, while strategic risk management is used when there is enough time to make an in-depth analysis.

Attainment of each operational objective requires the assumption of inherent risks. Operational assessments focus on mitigating inherent process design and execution risks through the use of controls.

In other words, they don't have enough operational resilience. 86% of organizations surveyed agree they have too many suppliers concentrated in one area of the world.

Operational Risk vs. Business Risk. When you own or manage a business, there's always a risk of loss or failure. Your decisions can affect how much risk your company faces, whether it's a ...

The bank should have comprehensive documentation regarding its operational risk management policies and procedures; for example, the documentation should describe clearly how the bank identifies, ...

Nadine Gatzert, Andreas Kolb, Risk Measurement and Management of Operational Risk in Insurance Companies from an Enterprise Perspective, The Journal of Risk and Insurance, Vol. 81, No. 3 (September ...

By Parul Chowdhry and Tyler Andringa, CapcoThe rationale behind the migration to T+1 is solid – lower market, credit, and liquidity risks. However, it is worth noting that it also may lead to higher ...

How can security professionals help their organisations move from traditional governance, risk and compliance to integrated risk management that integrates risk activities from across an ...

If the capital rule recently proposed by the federal banking agencies is adopted, U.S. banks will end up holding over $300 billion in capital against "operational risk." The capital charge comes ...