book

Operational Risk Management, 2nd Edition

by Philippa X. Girling

February 2022

Intermediate to advanced

384 pages

9h 28m

English

Wiley

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Title Page
THE DEFINITION OF OPERATIONAL RISK2012 LONDON OLYMPICS: A CASE STUDYOPERATIONAL RISK MANAGEMENT AND OPERATIONAL RISK MEASUREMENTDRIVERS OF OPERATIONAL RISK MANAGEMENTKEY POINTSREVIEW QUESTIONSNOTES
HISTORY OF THE BASEL ACCORDSRULES OF THE ACCORDSADOPTION OF BASEL II IN EUROPEADOPTION OF BASEL II IN THE UNITED STATESIMPACT OF THE FINANCIAL CRISISBASEL IIIKEY POINTSREVIEW QUESTIONSNOTES
OVERVIEW OF THE OPERATIONAL RISK FRAMEWORKTHE FOUNDATIONS OF THE FRAMEWORKTHE FOUR DATA BUILDING BLOCKSMEASUREMENT AND MODELINGREPORTINGRISK APPETITEKEY POINTSREVIEW QUESTIONSNOTE
ROLE OF GOVERNANCEFIRST LINE OF DEFENSESECOND LINE OF DEFENSETHIRD LINE OF DEFENSERISK COMMITTEESKEY POINTSREVIEW QUESTIONSNOTES

WINNING OVER THE FIRMMARKETING AND COMMUNICATIONAGILETRAININGPLANNINGTHE “USE TEST”KEY POINTSREVIEW QUESTIONNOTE
THE ROLE OF POLICIES, PROCEDURES, GUIDELINES, AND STANDARDSBEST PRACTICESOPERATIONAL RISK POLICYSAMPLE OPERATIONAL RISK POLICYSAMPLE STANDARDS, PROCEDURES, AND GUIDELINESKEY POINTSREVIEW QUESTIONNOTE
OPERATIONAL RISK EVENT DATAINTERNAL LOSS DATA OR INTERNAL OPERATIONAL RISK EVENTSRISK EVENT CATEGORIESUSING THE BASEL RISK CATEGORIESMINIMUM OPERATIONAL RISK EVENT DATA STANDARDSWHERE SHOULD OPERATIONAL RISK EVENT DATA BE COLLECTED?WHEN SHOULD OPERATIONAL RISK EVENT DATA BE COLLECTED?HOW SHOULD OPERATIONAL RISK EVENT DATA BE COLLECTED?KEY POINTSREVIEW QUESTIONSNOTES
EXTERNAL OPERATIONAL RISK EVENT DATASOURCES OF EXTERNAL LOSS EVENT DATACHALLENGES OF EXTERNAL DATAKEY POINTSREVIEW QUESTIONNOTES
KEY RISK INDICATORSSELECTING KRISTHRESHOLDSKRI STANDARDSKRI CHALLENGESMETRICS EXAMPLESKEY POINTSREVIEW QUESTIONNOTE
THE ROLE OF ASSESSMENTSRCSA METHODSRCSA SCORING METHODSRCSA BEST PRACTICESKEY POINTSREVIEW QUESTIONNOTE
ROLE OF SCENARIO ANALYSISSCENARIO ANALYSIS APPROACHESSCENARIO ANALYSIS OUTPUTKEY POINTSREVIEW QUESTIONSNOTES
OPERATIONAL RISK CAPITALBASIC INDICATOR APPROACHSTANDARDIZED APPROACHADVANCED MEASUREMENT APPROACHINSURANCEFUTURE OF CAPITAL REQUIREMENTS: BASEL IIIKEY POINTSREVIEW QUESTIONSNOTES
ROLE OF REPORTINGOPERATIONAL RISK EVENT REPORTINGRISK AND CONTROL SELF-ASSESSMENT REPORTINGKEY RISK INDICATOR REPORTINGSCENARIO ANALYSIS REPORTINGCAPITAL REPORTINGACTION TRACKING REPORTINGA CONSOLIDATED VIEWDASHBOARDSKEY POINTSREVIEW QUESTION
THE ROLE OF RISK APPETITEREGULATORY EXPECTATIONSIMPLEMENTING A RISK APPETITE FRAMEWORKMONITORING OPERATIONAL RISK APPETITERISK APPETITE TODAYKEY POINTSREVIEW QUESTIONNOTES
WHAT IS REPUTATIONAL RISK?REPUTATIONAL IMPACTREGULATORY OVERSIGHT OF REPUTATIONAL RISKSREPUTATIONAL RISK MANAGEMENT FRAMEWORKKEY POINTSREVIEW QUESTIONNOTES
OPERATIONAL RISK AS A CATALYST FOR CONVERGENCEGOVERNANCE, RISK, AND COMPLIANCE (GRC)CONVERGED OR GRC REPORTINGKEY POINTSREVIEW QUESTIONNOTES
NEW-PRODUCT APPROVALSUPPLIER AND THIRD-PARTY RISK MANAGEMENTLEGAL RISK MANAGEMENTREGULATORY RISK MANAGEMENTPEOPLE RISK MANAGEMENTFRAUD RISK MANAGEMENTTECHNOLOGY RISK MANAGEMENTCLIMATE RISKPANDEMIC PLANNINGSTRATEGIC RISKKEY POINTSREVIEW QUESTIONNOTES
JPMORGAN WHALE: RISKY OR FRISKY?REVIEW QUESTIONSNOTES
CHAPTER 1CHAPTER 2CHAPTER 3CHAPTER 4CHAPTER 5CHAPTER 6CHAPTER 7CHAPTER 8CHAPTER 9CHAPTER 10CHAPTER 11CHAPTER 12CHAPTER 13CHAPTER 14CHAPTER 15CHAPTER 16CHAPTER 17CHAPTER 18NOTES

Content preview from Operational Risk Management, 2nd Edition

Index

- Action tracking reporting, 250–253
- Advanced Measurement Approach (AMA), 208–221
  - hybrid approach, 221
  - loss distribution approach (LDA), 213–219
  - quantitative requirements, 209–213
  - scenario analysis approach, 219–221
- Agile, 73–74
- Audit, 63–64

- Banking scandals, 278–280
- Bank of International Settlements (BIS), 17–22, 183, 185, 199, 202, 275
- Basel Accords, 1–4, 6, 8, 10, 17–35
  - Basel I, 23
  - Basel II, 1–4, 6, 9–10, 23–28, 103–112, 126–128
    - business line categories, 127
    - capital modeling, 197–199, 202, 204, 205, 208, 213, 223, 232
    - disclosure, 232
    - European adoption of, 27
    - limitations of, 29
    - operational risk event categories, 104
    - Pillar 1, 24–26
    - Pillar 2, 10, 26–27, 259, 284, 311, 315
    - Pillar 3, 27
    - scenario analysis, 44
    - Standardized Approach, 202–208
    - U.S. adoption of, 27–28
  - Basel III, 10, 34–35
    - capital calculation, 11, 44, 223–235
    - Standardized Approach, 223–235
- Basel Committee on Banking Supervision (BCBS), 20–22, 34–35, 48–51, 65–67, 82, 259–263
- “Basel III: Finalising post-crisis reforms” (2017), 65
- Basic Indicator Approach (BIA), 199–201
- Business continuity metrics, 159
- Business continuity planning (BCP), 60, 61
- Business indicator (BI), 225–226
- Business indicator component (BIC), 226–229
- Business line categories, 127

- Capital modeling, 197–199, 197–238, 202, 204, 205, 208, 213, 223, 232
  - Advanced Measurement Approach (AMA), 208–221
    - hybrid approach, 221
    - loss distribution approach (LDA), 213–219
    - quantitative requirements, 209–213
    - scenario analysis ...