Tags » Operational Risk

12 Costly Risks for Business

Murphy’s famous law about what could go wrong is just as applicable in business as for any other part of life – with the key learning being that you… 1,014 more words

Business Advisory

Diligence and Forward-Thinking Top Themes of Keynoters at RMA’s Annual Conference in D.C. #RMACONF14

Kicking off RMA’s Annual Risk Management Conference on Sunday, October 26, Spyro Karetsos, Principal and Director of Enterprise Risk Management, Vanguard Group, addressed over 640 attendees with the necessity for a back-to-basics approach in operational risk management. 393 more words

General

Time to say Muchas Gracias y Hasta Luego!

This last two months I could experience so much here in Colombia. It was a great time to work for Opportunity International Colombia and to get knowing so many nice people. 369 more words

Colombia

Operational Risk Quantification: Pinpointing Risk Drivers in Scenario Analysis

Operational Risk Quantification: Scenarios

Scenario analysis can be a useful, eye-opening experience for organizations attempting to understand some of the more challenging risks they face in their environment. 111 more words

Compliance

Action at Work

There was some real action in the office this week. Another visit to the potential new external archive to evaluate the status and then the city-wide alarm exercise.

Colombia

Quick Review for the Methods to Measure Operational Risk

Operational risk becomes a major risk for financial institutions nowadays. Basel Committee on Banking Supervision provides a guideline to mitigate operational risk, and banks have developed their own model to measure operational risk. 262 more words

Thinking