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

BSBMGT616A, ? Develop a separate summary statement for each potential ally ...

? Develop a separate summary statement for each potential ally for a co-operative venture that describes their alignment with MacVille’s vision, mission, values and attributes, as

Activities in an organization - organizational structure, Organizational st...

Organizational structure defines the activities and the goals and the achievement level which defined by the organizations. Four organizational structures define the: 1. Func

Executive safety committee, Executive Safety Committee: The  executive  sa...

Executive Safety Committee: The  executive  safety committee consist of presidents  representative the general manager the  plant  superintendent  and the  sales manager. The chie

.managerial controls, what are the principle requirements for adequate cont...

what are the principle requirements for adequate controls

Explain the different roles that managers must play, QUESTION Managers ...

QUESTION Managers are directly responsible for the success or failure of any organization. Their main responsibility is to help the organization to achieve its objectives in an

Explain the difference between a Relation Schema and a Rela, Explain the di...

Explain the difference between a Relation Schema and a Relation Instance, Database Management System

The five steps in evaluation process of the purchasing, Five steps in the p...

Five steps in the process of evaluating the purchasing and supply system

Co-operatives, state and explain the types of co-operative societies

state and explain the types of co-operative societies

Business intelligence, Business Intelligence (BI) is aimed at supporting or...

Business Intelligence (BI) is aimed at supporting organisational decision makers who are often said to be operating under the assumptions of ‘Procedural rationality'. Explain what

What are barriers of communication, QUESTION a) (i) Elaborate on the...

QUESTION a) (i) Elaborate on the importance of feedback. (ii) Explain how it helps to enhance effective communication. b) (i) What are barriers of communication?

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