Operational Risk Management: A Complete Guide to a Successful Operational Risk Framework

by Philippa X. Girling

A best practices guide to all of the elements of an effective operational risk framework While many organizations know how important operational risks are, they still continue to struggle with the best ways to identify and manage them. Organizations of all sizes and in all industries need best practices for identifying and managing key operational risks, if they intend on exceling in today's dynamic environment.Operational Risk Management fills this need by providing both the new and experienced operational risk professional with all of the tools and best practices needed to implement a successful operational risk framework. It also provides real-life examples of successful methods and tools you can use while facing the cultural challenges that are prevalent in this field.Contains informative post-mortems on some of the most notorious operational risk events of our time Explores the future of operational risk in the current regulatory environment Written by a recognized global expert on operational risk An effective operational risk framework is essential for today's organizations. This book will put you in a better position to develop one and use it to identify, assess, control, and mitigate any potential risks of this nature.

352 pages, Kindle Edition

First published January 1, 2013

Reviews

[Thomas III · Rating 4 out of 5]

The author methodically picks apart the basics of Operational Risk Management and Risk Framework. The strong case studies brought some of the dryer material to life. For example, the brief review of the 2012 London Olympics showed how we are surrounded, and potentially caught off guard, if we don't pay attention to the right risks. The visual examples and tables also provided strong supporting information. Although it's may not be the most exciting readying at times, it does have its enlightening moments. As an operational risk manager in my current role, I only wish I had read this guide as I was immersing myself into my new position. The consistent language with what typical large banks and what the regulators want is extremely helpful. This book is truly a definitive guide to OPS risk frameworks. If you're a risk manager or even have to think of this topic, it's a must reference guide to put you in a position to make critical decisions and take effective actions. - Thomas B. Dowd III, author of "The Transformation of a Doubting Thomas: Growing from a Cynic to a Professional in the Corporate World."

[Firew Gudero]

Soft Copy in Pdf

[Tùng Nguyễn · Rating 5 out of 5]

Good book for beginners