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.
