Enterprise Risk Management lecturer Penny Cagan shares the evolution of the field of operational risk and dispels some of its ...

building an understanding of effective risk management is critical for financial institutions. This course covers the essential principles of op risk, from conducting impactful RCSAs to setting KRIs, ...

The three lines of defence is a risk governance framework that splits responsibility for operational risk management across three functions. Individuals in the first line own and manage risk directly.

he Reserve Bank of India (RBI) on Tuesday updated its “guidance note” on lenders’ operational risk management structure, bringing more lenders such as non-banking financial companies (NBFCs ...