Operational Risk

This class was created by Brainscape user Joey Rigden. Visit their profile to learn more about the creator.

Decks in this class (20)

Chapter 1: Risk Identification Tools
What is the main focus of the top...,
How often should the top down app...,
What techniques are involved in t...
21  cards
Chapter 2: Scenario Identification Process
What is scenario analysis sa in o...,
What are the steps in the scenari...,
What is included in the preparati...
14  cards
Chapter 3: Risk Definition and Taxonomy
What is the definition of technol...,
What is manual processing conside...,
How is compliance and regulatory ...
24  cards
Chapter 4: Risk Connectivity and Risk Networks
What are traditional risk lists o...,
What is the reality of risks in r...,
What segmentation is often used f...
27  cards
Chapter 5: Risk Appetite
What is the definition of risk ap...,
Who is responsible for monitoring...,
What are some example of operatio...
11  cards
Chapter 6: Risk and Control Self-Assessment
What is the risk assessment unit ...,
How are risks identified in rcsa 2,
What dimensions are used to asses...
25  cards
Chapter 7: Scenario Assessment
What are direct impacts 1,
What are indirect impacts 2,
What is meant by post event mitig...
22  cards
Chapter 8: Regulatory Capital Modelling
What are the two sources of fundi...,
Why do banks need own funds or ca...,
What was the glass steagall act s...
34  cards
Chapter 9: Operational Risk Governance
What is operational risk governan...,
What are the key components of op...,
What are the 3 lines of defense 3
22  cards
Chapter 10: Risk Mitigation
What is the definition of risk mi...,
What is avoidance in relation to ...,
What is reduction in relation to ...
20  cards
Chapter 11: Root Cause Analysis and Action Plans
Why are root cause analysis so im...,
What are the best practices for i...,
What are some effective practices...
11  cards
Chapter 12: Conduct and Culture
Is conduct a risk 1,
What is conduct at a firm 2,
What is culture at a firm 3
20  cards
Chapter 13: Incident Data Collection
What is the definition of inciden...,
What is the importance of inciden...,
What are the 4 data collection me...
32  cards
Chapter 14: Key Risk Indicators
What is the definition of a key r...,
Why are kris important 2,
What is the purpose of key risk i...
31  cards
Chapter 15: Risk Reporting
What is the primary purpose of ri...,
What is a golden rule of reporting 2,
Which 5 points should typical ris...
20  cards
Chapter 16: Valuable ORM
What is the purpose of maturity m...,
How do firms use self assessment ...,
What is an alternative to using m...
24  cards
Chapter 17: Project Risk Management
What is project risk management 1,
Why is effective risk management ...,
When should risk management act a...
22  cards
Chapter 18: Information Security Risks
What are the three main component...,
Why is safeguarding information c...,
What is the objective of implemen...
30  cards
Chapter 19: Operational Risks in Cryptocurencies
What framework is proposed for vi...,
What are the key operational risk...,
What is the blockchain in bitcoin 3
17  cards
Revision
What is the definition of risk ac...,
What is the main purpose of proce...,
Scenario analysis is particularly...
10  cards

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Operational Risk

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