Operational Risk Control with Basel II book cover

Operational Risk Control with Basel II

Basic Principles and Capital Requirements

This book:*provides a sound methodology for operational risk control*focuses on management risk and ways to avoid it*explains why and how information technology is a major operational risk*shows how to integrate cost control in the operational risk perspective*details analytical approaches to operational risk control, to help with scorecard developments*explains the distinction between High Frequency Low Risk and Low Frequency High Risk events*provides many case studeies from banking and insurance to demonstrate the attention operational risks deserve

Audience
This book addresses itself to commercial bankers, investment bankers, loans officers, traders, treasurers, backoffice managers, internal and external auditors, consultants, and regulators

Hardbound, 400 Pages

Published: October 2003

Imprint: Butterworth Heinemann

ISBN: 978-0-7506-5909-3

Contents

  • Operational risk is present in every enterprise- The many types of operational risk; Why management risk, legal risk, and information technology risk are the most important operational risks; Other key operational risks to which senior management and the back office should pay attention; Identification, monitoring, and measurement of operational risk; A case study with operational risk in the insurance industry; Addressing the top-most operational risk- A case study with operational risk in management; Why deficient cost control is the best result of management risk; Legal aspects of operational risk; A case study on operational risks in information technology; Establishing the basis of the scorecard approach- Analytical solutions to operational risk control; Needed experimentation in understanding and gauging operational risk; The scorecard approach suggested by the Basle committee; High frequency low risk and low frequency high risk events; Financial Reserves are not the only means of for facing operational risks- Capital reserves for operational risks; Using insurance as an alternative to operational risk capital requirements;

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