This work shows an in-depth examination of the practical implementation of new approaches to the challenging area of operational risk. Over 30 expert contributors define and describe key steps in building consistent operational risk measurement and management. Topics include the psychology of decision-making, model risk, operational risk in retail banking, and operations risk and capital allocation.
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In my opinion this is the most useful publication on operational risk yet produced, valuable both for benchmarking existing risk functions and for giving focus to new ones being established. -- Paul Dorey, Barclays Bank
A ground-breaking reference work on the newest - and most nebulous - risk management frontier.
* 30+ expert contributors define and describe key steps in addressing the issue of consistent operational risk measurement and management
* Topics include the psychology of decision-making, model risk, operational risk in retail banking, and operations risk and capital allocation
"About this title" may belong to another edition of this title.
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