Operational risk: A new governance tool for business strategy and decision making?
August 2 | 2 p.m. ET | 18:00 GMT
Host: Krissy Davis, partner, Deloitte & Touche LLP
1 Overview CPE credit | Specialized Knowledge & Applications
Operational risk events often originate outside of existing risk management frameworks. Why, with significant investments in operational risk management, do these control failures occur, and in light of recent fines and losses, what are expectations of operational risk among C-suite executives and boards of directors? We'll discuss:
- The impacts of changes in the standardized measurement approach (SMA) for operational risk capital exposure.
- How organizations are rethinking operational risk in terms of business strategy and decision making.
- How advancements in technology both require and enable improved operational risk capabilities.
Learn how operational risk is becoming a C-suite and board-level tool to manage and inform strategic and day-to-day business decisions.