risk-culture

Learning objectives: Explain the Basel regulatory expectations for the governance of an operational risk management framework. Describe and compare the roles of different committees and the board of directors in operational risk governance. Describe the “three lines of defense” model for...

Learning objectives: Compare risk culture and corporate culture and explain how they interact. Explain factors that influence a firm’s corporate culture and its risk culture. Describe methods by which corporate culture and risk culture can be measured. Describe characteristics of a strong risk...

Learning objectives: Describe Enterprise Risk Management (ERM) and compare an ERM program with a traditional silo-based risk management program. Compare the benefits and costs of ERM and describe the motivations for a firm to adopt an ERM initiative. Explain best practices for the governance and...