Bank Operational Risk Management. Compared with financial risk, operational risk is more complex and more challenging to monitor, control and manage. continuously improve their approaches to operational risk management.
Effective management of bank operational risks can ensure that your organization continues to serve its stakeholders while enhancing and retaining their trust.
It is advisable that a "risk champion" be appointed to take overall.
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The issues presented are in line with interna-tional developments in banking that focus on a comprehensive approach to, and. Building an Operational Risk Framework Operational risk management is at the core of a bank's operations - integrating risk management practices into processes, systems and culture. As a pro-active partner to senior management, ORM's value lies in supporting and challenging them to align.
