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

#title., What kinds of problems can emerge if a firm doesn’t communicate wi...

What kinds of problems can emerge if a firm doesn’t communicate with environmentalists, the news media, and the local community? Why? Do you know of any firms that aren’t responsiv

Discuss the relevance of herzberg theory of motivation, Problem 1: "Pla...

Problem 1: "Planning is important for the success of an organisation. Yet many organisations are reluctant to be involved in the planning process". Discuss the validity of thi

Importance of communication networks in an organization, QUESTION 1 Dis...

QUESTION 1 Discuss the importance of communication networks in an organization like the fisheries. Draw a diagram of one of the network you usually use and discuss its advantag

Explain the theories of belbin and tuckman, Mr. Brian Smith is the 0fficer-...

Mr. Brian Smith is the 0fficer-in-charge of a group of 15 persons, all posted in the correspondence/registry services of the Texman Services, a company in the insurance business.

Describe briefly the five stages of group development, QUESTION 1 a) Ho...

QUESTION 1 a) How can an understanding of the team roles as developed by Meredith Belbin help a manager in communicating effectively with his/her team? b) Discuss the major

Describes the reengineering business process, Q. Describes the Reengineerin...

Q. Describes the Reengineering Business Process? One of the most significant implementations of competitive strategies is Business Process Reengineering (BPR). A fundamental re

Quality defined in a generic sense, 1) Discuss fully 7 points of TQMS withi...

1) Discuss fully 7 points of TQMS within the 14 step framework as defined by the Deming. - Please ensure you provide the pros and cons of each point you discuss 2) How is Qualit

Political environment analysis of car industry, Analyse the political Envir...

Analyse the political Environment of car distribution industry.

Education an investment in human capital, The idea of humans as capital mea...

The idea of humans as capital means that humans have a particular worth to a company (or society). Education enhances that worth, making individuals more able to contribute to a co

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