Define operational risk, Business Management

Assignment Help:

QUESTION

Globalization and deregulation in financial markets, combined with increased sophistication in financial technology, have introduced more complexities into the activities of banks and therefore their risk profiles. These reasons underscore bank's and supervisor's growing focus upon the identification and measurement of operational risk.

a) Define Operational risk.

b) Give two examples of operational risk associated with e-banking and explain how each could be manifested.

c) How can e-banking increase the level of operational risk for a financial institution?

d) How can a financial institution control operational risks?


Related Discussions:- Define operational risk

Business environment in strategic formulation, Business environment in stra...

Business environment in strategic formulation A business strategy depicts how a specific business proposes to succeed in its preferred market place versus its competitors. It

Organization for maintenance, Organization structures for maintenance var...

Organization structures for maintenance vary across companies the deciding factors on a particular type being the nature of industry ( electrical chemical or mechanical) size

High-context culture and low-context culture, QUESTION 1 Both encoding ...

QUESTION 1 Both encoding and decoding of messages lay traps for the unwary intercultural communicators (Hall, 1959 - The Silent Language). Using appropriate examples, discuss t

Partnership question, The Williams & Wiley partnership has two partners and...

The Williams & Wiley partnership has two partners and each partner has $50,000 invested in the firm. Woods is admitted to the partnership for one-third interest and invests $80,000

Humanistic aspects of tq, The human element is the most important input i...

The human element is the most important input in any industrial enterprise and it is the one which is most difficult to control. Quality Management is essentially a control

What are the control charts in management, What are the control charts in m...

What are the control charts in management? Control Charts: These charts are based upon statistical sampling theory, as per that an enough sized sample drawn, at various f

Explain offshoring value model of offshoring, Explain Offshoring's Value Mo...

Explain Offshoring's Value Model of offshoring. Offshoring's Value Model - theory. Four strategies - Strategic sourcing, Commodity sourcing, Value sourcing, Be

Managerial skills(10), what are some of the main best managerial skills

what are some of the main best managerial skills

What is bop, It is known as Balance of payments - an economic term. (BOP) c...

It is known as Balance of payments - an economic term. (BOP) calculates the payments that flow among any individual country and all other countries. It is used to summarize all int

Organizational approaches toward managing stress, Question 1: (A) Indu...

Question 1: (A) Industrial psychology is the area of psychology dealing with job analysis, defining and measuring job performance, performance appraisal, tests, employment int

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd