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Identify, assess, and mitigate operational risk with this practical and authoritative guide

In the newly revised second edition of Operational Risk Management: A Complete Guide for Banking and Fintech, accomplished risk executive and expert Philippa Girling delivers an insightful and practical exploration of operational risk in organizations of all sizes. She offers risk professionals and executives the tools, strategies, and best practices they need to mitigate and overcome ever-present operational risk challenges that impact business in all industries.

This latest edition includes:

  • Insight into how operational risk can be effectively managed and measured in today's digital banking age.
  • Updates on the latest regulatory guidance on operational risk management requirements in all aspects of the operational risk framework.
  • Updates on the new Basel II capital modeling methodology for operational risk.
  • New explorations of operational risk events in recent years including the impact of the global Covid-19 pandemic.
  • Updated case studies including large events at Wells Fargo, Credit Suisse and Archegos Capital Management.

Ideal for executives, managers, and business leaders, Operational Risk Management is also the perfect resource for risk and compliance professionals who wish to refine their abilities to identify, assess, mitigate, and control operational risk.

Table of Contents

  1. Cover
  2. Series Page
  3. Title Page
  4. Copyright
  5. Dedication
  6. Preface
  7. Acknowledgments
  8. CHAPTER 1: Definition and Drivers of Operational Risk
  9. CHAPTER 2: The Regulatory Push
  10. CHAPTER 3: The Operational Risk Framework
  11. CHAPTER 4: Operational Risk Governance
  12. CHAPTER 5: Culture and Awareness
  13. CHAPTER 6: Policies and Procedures
  14. CHAPTER 7: Internal Operational Risk Event Loss Data
  15. CHAPTER 8: External Loss Data
  16. CHAPTER 9: Key Risk Indicators
  17. CHAPTER 10: Risk and Control Self-Assessments
  18. CHAPTER 11: Scenario Analysis
  19. CHAPTER 12: Capital Modeling
  20. CHAPTER 13: Reporting
  21. CHAPTER 14: Risk Appetite
  22. CHAPTER 15: Reputational Risk and Operational Risk
  23. CHAPTER 16: Operational Risk and Convergence
  24. CHAPTER 17: Best Practices in Related Risk Management Activities
  25. CHAPTER 18: Case Studies
  26. Appendix: Answers to Review Questions
  27. About the Author
  28. About the Website
  29. Index
  30. End User License Agreement