Fundamentals of Operational Risk Management
Kogan Page Ltd (Verlag)
978-1-3986-0504-6 (ISBN)
Threats to an organization's operations, such as fraud, IT disruption or poorly designed products, could result in serious losses. Understand the key components of effective operational risk management with this essential book for risk professionals and students.
Fundamentals of Operational Risk Management outlines how to implement a sound operational risk management framework which is embedded in day-to-day business activities. It covers the main operational risk tools including categorisation, risk and control self-assessment and scenario analysis, and explores the importance of risk appetite and tolerance.
With case studies of major operational risk events to illustrate each concept, this book demonstrates the value of ORM and how it fits with other types of risk management. There is also guidance on the regulatory treatment of operational risk and the importance of risk culture in any organization. Master the essentials and improve the practice of operational risk management with this comprehensive guide.
Dr Simon Ashby is Associate Professor of Financial Services at Vlerick Business School, based in Brussels, Belgium. Prior to this he was Associate Professor at Plymouth Business School, UK and worked as a financial regulator and a senior risk manager in a number of top UK financial institutions. He is a Fellow and former Chairman of the Institute of Operational Risk (IOR) and a Senior Research Fellow at the Centre for Risk, Banking and Financial Services at the University of Nottingham. The IRM is a world leading professional body for risk management, driving excellence in managing risk to ensure organizations are ready for opportunities and threats of the future.
Chapter - 01: Understanding operational risk - Key concepts and management objectives;
Chapter - 02: Embedding operational risk management;
Chapter - 03: Categorizing operational risks;
Chapter - 04: Risk culture;
Chapter - 05: Risk appetite;
Chapter - 06: Operational risk governance;
Chapter - 07: Risk and control self-assessments;
Chapter - 08: Operational loss events;
Chapter - 09: Operational risk indicators;
Chapter - 10: Scenario analysis and stress testing;
Chapter - 11: Organizational resilience;
Chapter - 12: Regulating operational risk
"This is an excellent book, serving as an effective pragmatic tool for risk practitioners working in all three lines across the world, as well as a good guide for the academics in operational risk."
"It is becoming more and more clear that operational risk models are of limited use, while taking behavioural elements into account in risk culture, governance etc. is of tremendous importance. This book sets absolutely the right focus - and numerous case studies confirm that Simon is not just a seasoned academic, but very familiar with the important details of practical implementation as well. Really worthwhile reading!"
| Erscheinungsdatum | 29.03.2022 |
|---|---|
| Verlagsort | London |
| Sprache | englisch |
| Maße | 176 x 252 mm |
| Gewicht | 820 g |
| Themenwelt | Schulbuch / Wörterbuch ► Lexikon / Chroniken |
| Wirtschaft ► Betriebswirtschaft / Management ► Allgemeines / Lexika | |
| ISBN-10 | 1-3986-0504-2 / 1398605042 |
| ISBN-13 | 978-1-3986-0504-6 / 9781398605046 |
| Zustand | Neuware |
| Haben Sie eine Frage zum Produkt? |
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