When people think of banking as a risky business, they are generally concerned with fundamental financial exposures such as credit or interest rate risk. However, the risks faced by banks today stretch well beyond these traditional banking exposures. Technological innovation, growing complexity, and ever-bigger transactions have increased the potential for losses due to 'non-financial' causes. Modern-day institutions must deal with the full gamut of risk, from trade processing errors to rogue traders, technology failures to terrorist attacks. These non-financial types of risk are generally classified under the umbrella term 'operational risk'.

The identification, measurement, and management of operational risk is thus a real issue for banks today. But what exactly is operational risk, and how should a bank deal with it? This tutorial – along with the one that follows – addresses these issues in detail.

Objectives

Program Content

Target Audience

Prerequisites

Estimated Completion Time : 75 minutes

Registration Information

This short online course can be purchased individually or as part of the following discount scheme(s).

• Risk Management Expert

Once purchased, you will have access to this course for 365 Days.

Cost:

40.00

UK£ EUR US$   excluding including VAT*

Related CPD Courses

• Credit Risk - Identification And Measurement
• Credit Risk - Management And Regulation
• Interest Rate Risk - Identification An Measurement
• Interest Rate Risk - Management
• Liquidity Risk - Management And Regulation
• LiquidityRisk - Identification And Measurement
• Market Risk - Identification And Measurement
• Market Risk - Management And Regulation
• Operational Risk - Identification And Measurement
• Operational Risk - Management And Regulation
• Risk - Measurement And Management

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