Operational risk management is more critical than ever. Whereas credit and market risks are willingly incurred and hedge-able, operational risks – including those related to regulatory compliance, corporate reputation, business process execution, privacy protection, and business disruption – are not fully diversifiable.
The Operations Risk Management Roundtable is designed for executives in all lending businesses who are tasked with devising risk management frameworks, setting risk tolerances, performing risk testing, measuring current exposure, and modeling future exposure and to exchange best practices.
Sample meeting topics include:
Organizational Structure and Governance
How the three lines of defense work together to ensure relevant goals are being hit
Testing, Measuring and Modeling
Leveraging data, analytics & testing to identify Operational Risk Events and be predictive in identifying potential future issues
Framework Development & Risk Tolerance Setting
How frameworks are developed in peer organizations; how and at what level risk tolerances are set; KPI/KRI identification