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

GBED1101, Some people argue that the matrix structure should be adopted onl...

Some people argue that the matrix structure should be adopted only as a last resort because the dual chains of command can create more problems than they solve. Do you agree or dis

Describe market development life cycle, Discuss the movement of a technolog...

Discuss the movement of a technology of your choice through the 'Market Development Life Cycle' presented by Geoffrey A. Moore (2004) in Darwin and the Demon: Innovating within Est

Just in time manugacturing, JIT  is a Japanese production  management  phil...

JIT  is a Japanese production  management  philosophy which  has been applied in practice since the  early  1970s  in many  Japanese manufacturing organizations. There  are strong

Performing and adjourning in team development, Question : Psychologist ...

Question : Psychologist Bruce Tuckman first came up with the memorable phrase "forming, storming, norming and performing" back in 1965. He used it to describe the path to high-

Limitations of jit manufacturing, Limitations of JIT JIT manufacturing...

Limitations of JIT JIT manufacturing  requires  considerable  co operation between the management  and workers, it  is commonly believed that JIT production system is very eff

Functions of inventory control, 1. Ensure Timely Availability of Materials:...

1. Ensure Timely Availability of Materials: Inventory control helps is preventing delays due to lack of materials by ensuring regular supply of proper qualities of mater

Describe briefly the sources of attitude formation, Question 1: a) Ide...

Question 1: a) Identity the four types of work teams. b) Describe the three elements which constitute a work team. c) Explain how do Industrial Psychologists help orga

Illustration based on production sectors, Production Sectors a) A = In...

Production Sectors a) A = Indonesia B = Belgium C = Czech Republic b) Indonesia Belgium Czech Republic Agricultu

Production capacity and storage facility, The capacity of production sys...

The capacity of production systems as well as the nature of storage faculties considerably affects the inventory policy of an organization, e, g capacity for heating oi

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