Operational Risk Best Practice
Three important words that make up a process are policy, procedure and checklist. In this video, Olaf focuses on each of these components as he provides an overview of operational foundations.
Overview
The operational foundations of Operational Risk (OpRisk) involve the theories behind policies, procedures, checklists, the people who are involved in these decisions and whether the systems in place are efficient.
Key learning objectives:
Identify what makes up a process, and its key components
Judge which is more important: a policy or procedure
Summary
Expert
Olaf Ransome
Olaf helps banks and FinTechs master their processing; optimising control, capacity and cost. In the last 30 years, Olaf has worked in Investment and Private Banking, helping banks change their infrastructure to support new business or expand business.
