Managing Operational Risk: 20 Firmwide Best Practice Strategiess

Managing Operational Risk: 20 Firmwide Best Practice Strategiess

Published in association with the Global Association of RiskProfessionalsAs e-commerce and globalization continue to expand, so does thelevel of operational risk, increasing the need for guidance on howto measure and manage it. This is the definitive guide to managingoperational risk in financial institutions. Written in a concise,no-nonsense style, and containing numerous real-life case studies,it covers all the bases from the basics of what operational risk isto how to design and implement sophisticated operational riskmanagement systems. Readers will appreciate the up-to-the-minutecoverage of the latest techniques and practices to manageoperational risk. They will learn how to enhance their positions inthe face of anticipated new regulatory standards and capitalrequirements.Douglas G. Hoffman (Fairfield, CT) is an independent consultant inoperational risk management. His firm, Operational Risk Advisors,provides executive training and assists financial institutions andcorporate clients worldwide in operational risk analysis andmitigation.