Identification, quantification and monitoring of operational risk

Rajat Baijal
Additional contact information
Rajat Baijal: Cantor Fitzgerald, USA

Journal of Securities Operations & Custody, 2021, vol. 13, issue 3, 253-263

Abstract: This paper analyses some of the challenges of operational risk. Specifically it looks at using the risk and control self-assessment (RCSA) process to effectively identify and assess operational risk, using key risk indicators (KRIs) to enable a dynamic process around monitoring of operational risks and utlising the risk event management process to record and manage loss of data and perform appropriate trend analysis to enhance the control environment.

Keywords: operational risk; risk and control self-assessment (RCSA); key risk indicators (KRIS); risk event management (search for similar items in EconPapers)
JEL-codes: E5 G2 K22 (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
https://hstalks.com/article/6363/download/ (application/pdf)
https://hstalks.com/article/6363/ (text/html)
Requires a paid subscription for full access.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aza:jsoc00:y:2021:v:13:i:3:p:253-263

Access Statistics for this article

More articles in Journal of Securities Operations & Custody from Henry Stewart Publications
Bibliographic data for series maintained by Henry Stewart Talks ().