Identifying and assessing operational risk lets you make changes in your company to secure operations and reduce risk of business failure. Operational risk is the total of risks you run when operating ...

From fires to employee errors, all businesses face risks. Starting a business without risk is impossible, so to run successful businesses, small-business owners must understand and prepare for the ...

Companies that want to achieve a sustainable and profitable business need to focus on three dimensions of their operations, generally speaking. First is value protection, a foundational concern that ...

Today, the landscape of operational risk is being reshaped by cyber threats, third-party dependencies, artificial intelligence adoption and regulatory scrutiny. With operational resilience under the ...

Operational Risk e-learning programme is designed for both aspiring and active risk professionals, VPs, MDs, heads of departments, CFOs, CROs, analysts, operational and risk management staff within ...

Discover what the Professional Risk Manager (PRM) certification entails, including exams, career opportunities, and its ...

In a previous post, we suggested that to grow financially sustainable enterprises (social or otherwise) it’s important to build off of the demand for “choice”—not just the “needs”—of an underserved ...

Learn about model risk, its causes, management strategies, and real-world examples from financial industry pitfalls. Unlock ...

Third-party relationships are double-edged swords— they can be your most significant force multipliers or risks. Third-party vendors are ingrained in all aspects of an organization, from accountants ...

Jodi Richard never wanted to be a stay-at-home mom. Her mother was a manager at a regional bank and she instilled a solid work ethic within Jodi from a young age. There are no free rides. Richard went ...

Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...