FinCEN SAR FAQs Redefine BSA Compliance Thresholds and Triggers
Explores how FinCEN SAR FAQs reshape BSA compliance thresholds and triggers, clarifying SAR filing, monitoring, and documentation expectations for institutions.
Category: Operational Risk
Selecting the Right AI Stack and Vendors for Operational Risk Management
Learn the framework to select the right AI stack and AI technology vendors for operational risk management, technical metrics, compliance, securit.
Metrics and KPIs for Effective AI-Driven Operational Risk Management
Establishing comprehensive metrics and key performance indicators (KPIs) is essential to measure the true value of artificial intelligence (AI) in operational risk management. With the right metrics in place, organizations can track performance, identify improvement areas, demonstrate financial value, ensure regulatory alignment, and promote…
AI in Operational Risk Assessment : The Machine Learning Makeover
The year 2024 marked a watershed moment for operational risk management. JPMorgan Chase’s AI-powered Katana Lens platform now processes over 800 data sources daily, analyzing millions of transactions with machine learning models that detect suspicious patterns faster than any human analyst ever…
AI Implementation for Operational Risk: Roadmaps and Best Practices
Explore the roadmap and best practices for AI implementation in operational risk management. Learn how to strategically plan, build & deploy.
Common Operational Risk Events and How to Spot Them Early
List frequent events (cyber breach, vendor failure, process errors). Include detection methods, KRIs, and early warning systems. Tie to real company failures.
Operational Risk Management Tools: What Works and What Doesn’t
Provide a comparative view of risk tools like RSA Archer, MetricStream, and homegrown Excel models. Focus: use cases, pros/cons, integration ease, automation.
Real-World Failures Caused by Poor Operational Risk Controls
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.
Demystifying Operational Risk: What It Really Means in Practice
Introduce the concept of operational risk in simple terms. Use examples like a failed bank transaction or a supply chain glitch at a retail company. Focus: definition, key components, and why it matters.