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Elena Pykhova
Goodreads Author
Born
Moscow, Russian Federation
Genre
Member Since
May 2021
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Developing Risk Thinking
During the COVID-19 pandemic, in addition to dealing with financial challenges such as drop in assets or liquidity, organisations are faced with issues that go to the core of operational risk management - people, systems, processes and external environment.
Operational risk, defined by the Basel framework as arising from failures of processes, people, systems or external events, concerns itself wi Read more of this blog post »
Operational risk, defined by the Basel framework as arising from failures of processes, people, systems or external events, concerns itself wi Read more of this blog post »
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“Risk culture is the area where the Board’s engagement is key. It is good practice to develop a set of questions that a Board should be constantly asking itself, to prompt good risk conversations. These may include, for example, how it perceives the tone it is setting from the top; whether decisions are taken within the stated risk appetite; and what mechanisms are in place to ensure that new joiners absorb the desired values of the firm.”
― Operational Risk Management in Financial Services: A Practical Guide to Establishing Effective Solutions
― Operational Risk Management in Financial Services: A Practical Guide to Establishing Effective Solutions
“Risk culture is the area where the Board’s engagement is key. It is good practice to develop a set of questions that a Board should be constantly asking itself, to prompt good risk conversations. These may include, for example, how it perceives the tone it is setting from the top; whether decisions are taken within the stated risk appetite; and what mechanisms are in place to ensure that new joiners absorb the desired values of the firm.”
― Operational Risk Management in Financial Services: A Practical Guide to Establishing Effective Solutions
― Operational Risk Management in Financial Services: A Practical Guide to Establishing Effective Solutions
Risk Managers Book Club
— 8 members
— last activity Jul 06, 2020 07:46AM
Book recommended by Risk Managers for Risk Managers, about Risk Management...If you don't like risk management, this group is probably going to be ver ...more
