Operational Risk: The New Challenge for Banks
| Author | : | |
| Rating | : | 4.35 (564 Votes) |
| Asin | : | 0333968689 |
| Format Type | : | paperback |
| Number of Pages | : | 156 Pages |
| Publish Date | : | 2015-07-18 |
| Language | : | English |
DESCRIPTION:
He was previously an internal auditor, controller, IT-Manager, CFO and Head of Operations with Rabobank (1988-1999) both in the Netherlands and Germany. About the Author GERRIT JAN VAN DEN BRINK is Senior Operational Risk Controller with Dresdner Bank AG. He has also worked as a consultant in operational risk to German banks.
No value added to the subject A Customer One of the most significant debates in the financial industry nowadays is the one of quantification of operational risk. This book does not add anything to the discussion. Find qualitative standards for operational risk inside a bank is a challenging but always achievable task as it usually relies on the particular characteristics of the own organization. . A Customer said Breaking New Ground. This is a thoughtful and comprehensive piece of work by an industry insider whose practical experience of the topic is clear. I found this helpful both for myself as head of operational risk in a financial institution, as have some of the other staff in my department.
The successful management of operational risk requires preventative action and will be a significant competitive advantage for banks in the future. This book is a practical guide to achieving control of operational risk. Damage control measures introduced by banks have often proved ineffective. He goes on to discuss future developments in both the regulatory and insurance sectors, including the most recent Basle Committee proposals.. Using qualitative analysis, the author suggests risk identification procedures and provides tools for the analysis, quantification and management
GERRIT JAN VAN DEN BRINK is Senior Operational Risk Controller with Dresdner Bank AG. . He has also worked as a consultant in operational risk to German banks. He was previously an internal auditor, controller, IT-Manager, CFO and Head of Operations with Rabobank (1988-1999) both in the Netherlands and Germany