{"product_id":"operational-risk-management-in-banks-sophia-beckett-velez-9781804552247","title":"Operational Risk Management in Banks and Idiosyncratic Loss Theory: A Leadership Perspective","description":"\u003cp\u003eA systemic risk event that leads to significant losses in banks that are significant financial institutions can expose them to insolvency, significant volatility and impose serious negative impact on a country's economy, as witnessed during the 2008 financial crash. The viral spread of operational losses through global markets by interconnected multinational banks can be referred to as idiosyncratic viral loss theory.\u003c\/p\u003e \u003cp\u003e\u003cem\u003eOperational Risk Management in Banks and Idiosyncratic Loss Theory: A Leadership Perspective\u003c\/em\u003e identifies important considerations that can bolster effective risk management practices in comprehensive enterprise-wide risk, fraud control, going beyond minimum risk assessment required by banking regulators as well as independent risk identification and management. These considerations towards improving risk management practices may help reduce systemic operational losses spread virally in banks.\u003c\/p\u003e \u003cp\u003e\u003cem\u003eOperational Risk Management in Banks and Idiosyncratic Loss Theory\u003c\/em\u003e is a useful tool for scholars, bank practitioners, regulators, and accountants to understand the behaviour of idiosyncratic viral losses in banks and in the use of effective risk management practices. Bank practitioners and regulators can leverage the suggestions made by the panel of sector experts and bank leaders to construct action plans and training programs.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Sophia Beckett Velez\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1804552240\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781804552247\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Emerald Publishing Limited\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 12\/07\/2022\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 216\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.01lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.00w x 0.56d","brand":"Sophia Beckett Velez","offers":[{"title":"Hardcover","offer_id":47425397489919,"sku":"9781804552247","price":110.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_a6d4a383-2cf4-4dbb-8390-a48e9a0df326.jpg?v=1761538941","url":"https:\/\/www.whiterainbookhouse.com\/products\/operational-risk-management-in-banks-sophia-beckett-velez-9781804552247","provider":"WR Book House","version":"1.0","type":"link"}