Avoid hefty fines like the $65 million penalty against City National Bank. Discover eight actionable steps to enhance compliance and risk management in your financial institution.
City National Bank faces a $65 million penalty from the OCC due to risk management failures. Discover the implications for customers and the bank’s future.
Show how manufacturing, healthcare, and aviation manage ops risk. Focus: cross-industry learning, metrics, incident response, safety nets.
Discuss how AI/ML tools help in risk detection (e.g., anomaly detection in banking ops). Focus: benefits, ethical concerns, interpretability, human oversight.
List frequent events (cyber breach, vendor failure, process errors). Include detection methods, KRIs, and early warning systems. Tie to real company failures.
Walk readers through an actual operational risk assessment (e.g., a bank rolling out a new loan platform). Focus: RCSA process, inherent/residual risk, control design.
Guide for enabling risk awareness without creating bureaucracy. Use tech startups and challenger banks as examples. Focus: training, tone at the top, tools for agile risk culture.
Clarify the line between compliance and operational risk using case studies (e.g., AML vs internal fraud). Focus: regulatory risk, risk ownership, process interplay.
Provide a comparative view of risk tools like RSA Archer, MetricStream, and homegrown Excel models. Focus: use cases, pros/cons, integration ease, automation.
Analyze real-life operational failures (e.g., bank fraud, airline system outage). Focus: causes, impact, and lessons learned. Include both financial and non-financial sectors.
