Operational Risk Management in Financial Services by Elena Pykhova

Operational Risk Management in Financial Services

A Practical Guide to Establishing Effective Solutions

Elena Pykhova

Kogan Page · Print & ebook · September 24, 2024

Technology failures, data loss, issues with providers of outsourced services, misconduct and mis-selling are just some of the top risks that the financial industry faces.

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Who it’s for
Practical guidance covers risk assessments, change initiatives, indicators, cyber risk, GenAI, and ESG.
Genres
Financial Risk Management, Financial Services
Published
Kogan Page, September 24, 2024

About this book

Technology failures, data loss, issues with providers of outsourced services, misconduct and mis-selling are just some of the top risks that the financial industry faces. Operational risk management is, simply, a commercial necessity. The management of operational risk has developed considerably since its early years. Continued regulatory focus and catastrophic industry events have led to operational risk becoming a crucial topic on any senior management team's agenda.

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This book is a practical guide for practitioners which focuses on how to establish effective solutions, avoid common pitfalls and apply best practice to their organizations. Filled with frameworks, examples and diagrams, this book offers clear advice on key practices including conducting risk assessments, assessing change initiatives and designing key risk indicators. This new edition of Operational Risk Management in Financial Services also features two new chapters reflecting on the future of operational risk management, from cyber risk to GenAI, and guides practitioners in incorporating ESG into their day-to-day strategies. This is the essential guide for professionals looking to derive value out of operational risk management, rather than applying a compliance 'tick box' approach.

Operational Risk

Practical guidance covers risk assessments, change initiatives, indicators, cyber risk, GenAI, and ESG.

Come here for

  • Frameworks, examples, and diagrams
  • Advice on risk assessments and change initiatives

Expect

  • Advice on designing key risk indicators
  • Chapters on cyber risk, GenAI, and incorporating ESG into day-to-day strategies

Where it sits

Financial Risk Management89%
Financial Services45%

Percentages are BookFrontier’s reading of the book.

Publisher categories

  • Banks & Banking
  • Financial Risk Management
  • Risk Assessment & Management
Authors
Elena Pykhova
Publisher
Kogan Page
Published
September 24, 2024
Format
Print & ebook
Reading lane
Banks & Banking