Skill

Operational Risk

Finance and Accounting

Operational Risk is the potential for loss resulting from inadequate or failed internal processes, people, systems, or external events, such as fraud, IT outages, human error, or natural disasters. It is a key risk category tracked by banks, insurers, and other regulated industries alongside credit and market risk, often under frameworks like Basel III. Risk managers assess and mitigate operational risk through controls, audits, and contingency planning.

Open roles requiring Operational Risk (0)

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• Risk Assessment
• Compliance
• Internal Controls
• Operational Risk Management (ORM)