The CRO calls a meeting of the Operational Risk Team. He opens the meeting by congratulating the team on the excellent you have done so...

As with every solution, it needs to be tested to ensure it is fit for purpose. So too with the ECRG. The ECRG will be used throughout the...

You used the Case Study 1 to create an RMF to guide the CRO and the Organization to effectively and efficiently manage risks. The RMF...

The Risk Management Framework The RMF provides an organization-wide consistent comprehensive, hierarchical structured guideline for...

Assignment Templates Assignment 1 Assignment 2 Assignment 3 Assignment 4 Assignment 5

To become a proficient operational risk manager, you need to build fundamental capabilities (BFC) by deliberately practicing "What You...

Active reading is a technique that helps you understand and remember what you read better. Here’s how to do it: 1.      Preview the...

The Case You are the newly appointed Head of Operational Risk Management at ABC Bank. It is 7 a.m. and you just arrived at your office,...

Learn to Think and Do Like a Chief Risk Officer (CRO) You might wonder why we're focusing on what a CRO does in a course about...

The picture captures the essence of the 3 elements of any model. First, what is a model? A model is a process that takes the values of...

There will be 5 mini cases and each is worth 20% They are based on What You Should be Able to Do. They test know how not know about, so...

The 5 elements of risk culture Here is a synthesis of 5 behaviors that dimension various aspects of a risk culture. Describe each one....

Climate risk has two components: the potential financial and reputational losses arising from Physical Risk: increased frequency and...

Long-Term Capital Management (LTCM) was a prominent hedge fund founded by several renowned economists and financial experts, including...

Model Risk Managemenrt 1: A model generally refers to a methodology, system, and/or approach that applies theoretical and (expert)...

Details of the National Institute of Standards and Technology guidance on Cyber Risk Management can be found by clicking on the Image

There is a widespread tendency in risk management for each specialty to develop its own customer frameworks, processes, and reporting...

Cybersecurity Breach at XYZ Bank: A Case Study XYZ Bank boasts a reputation for its strong commitment to cybersecurity, investing heavily...