000 03014nam a22002177a 4500
999 _c3839
_d3839
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008 221122b ||||| |||| 00| 0 eng d
020 _a9781789667080
082 _a332.0681
_bPYK
100 _aPykhova, Elena
_99061
245 _aOperational risk management in financial services:
_ba practical guide to establishing effective solutions
260 _bKogan Page Ltd.
_aLondon
_c2021
300 _axix, 357 p.
365 _aGBP
_b39.99
504 _aTable of content Chapter - 01: Operational risk - Definition and taxonomy;Chapter - 02: Operational risk framework and its implementation;Chapter - 03: The three lines of defence model - Its application to operational risk management;Chapter - 04: Operational risk events;Chapter - 05: Risk and control self-assessments;Chapter - 06: Operational risk assessment of change initiatives;Chapter - 07: Key risk indicators;Chapter - 08: Scenario analysis;Chapter - 09: Operational risk appetite;Chapter - 10: Operational risk reporting;Chapter - 11: Operational risk training and education;Chapter - 12: Risk culture;Chapter - 13: Embedding and maturity assessment;Chapter - 14: Operational resilience;Chapter - 15: Appendix 1 Operational Risk Champion - Role Description;Chapter - 16: Appendix 2 Example operational risk event reporting template;Chapter - 17: Appendix 3 ORA template;Chapter - 18: Appendix 4 Table of 50 key risk indicators;
520 _aAbout the book Technology failures, data loss, issues with providers of outsourced services, misconduct and mis-selling are just some of the top risks that keep financial firms up at night. In this context effective operational risk management is, simply, a commercial necessity. The management of operational risk, defined by the Basel Accord as arising from failures of processes, people, systems or external events, has developed considerably since its early years. Continued regulatory focus and catastrophic industry events have led to operational risk becoming a crucial topic on senior management's agenda. This book is a practical guide for practitioners which focuses on how to establish effective solutions and avoid common pitfalls. Filled with frameworks, examples and diagrams, this book offers clear advice on key practices including conducting risk assessments, assessing change initiatives, designing key risk indicators, establishing scenario analysis, drafting appetite statements and carrying out risk reporting. Operational Risk Management in Financial Services also features results from polls taken by risk practitioners which provide a snapshot of current practices and allow the reader to benchmark themselves against other firms. This is the essential guide for professionals looking to derive value out of operational risk management, rather than applying a compliance 'tick box' approach.
650 _aRisk management
_9177
650 _aOperational risk
_92948
650 _aFinancial services industry--Management
_92941
942 _2ddc
_cBK