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Operational

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Risk Management Specialist vs. Generalist: Which Is Right for You?

Jun 9, 2023 | In the 1990s, when financial risk management was in its infancy, credit and market risk dominated ...

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Lying with Statistics: How Risk Model Selection Contributed to SVB's Downfall

Apr 21, 2023 | Choice is the root of all evil in statistics. We require bankers to use a single model, which ...

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Stress-Testing the Supply Chain for Risk Resiliency

Mar 31, 2023 | Disruptions to supply chains have become all too common in recent years, with far-reaching ...

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A Defense of Empirical Risk Management

Feb 24, 2023 | Is risk modeling broken? Many so-called experts are now beating that drum after flaws in ...

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Continuing Complications in Supply-Chain and Third-Party Risks

Feb 24, 2023 | In 2022, it became clear that effective supply chain risk management (SCRM) is not a luxury but a ...

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Risk Management Specialist vs. Generalist: Which Is Right for You?

Aspiring FRMs and junior-level risk managers must choose between two career paths. There is no right answer, but there are pros and cons a young risk...

Friday, June 9, 2023

5 Ways to Improve Model Risk Management

How risk assessment, data management, governance and AI can contribute to continuous improvement

Friday, November 17, 2023

The Unconventional Skills Chief Risk Officers are Now Seeking

In a world of civil unrest, geopolitical upheaval and coronavirus-driven economic shocks, risk managers with problem-solving capabilities are now in...

Friday, July 17, 2020

Operational Risk Capital Proposal: Time to Hit the Pause Button

The so-called Basel III Endgame could lead to significant amendments in operational loss estimation at big banks. But these recommended regulatory...

Friday, November 17, 2023

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What Do CROs Look for in a Risk Manager?

Feb 10, 2023 | You’re ready to interview for an exciting risk management position. You’ve researched the company’s ...

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Bypassing Legal Reviews and Procedures: An Overlooked Source of Risk?

Feb 3, 2023 | Corporate legal departments have frustrations that risk management and other control functions can ...

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Model Risk Management Challenges and Opportunities in a Volatile World: A Q&A with Evan Sekeris

Jan 20, 2023 | Contending with an unprecedented combination of shocks, financial risk modelers have lately had to ...

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Reducing Operational Risk with Systems Engineering

Jan 13, 2023 | Costly, impactful operational risk events – ranging from fraud, money laundering and record-keeping ...



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