Banks in recent years had been feeling increasingly sanguine about their ability to deal with risk. However, the events between 2007 and 2009 eradicated any complacency in the area. The complexities and subtleties of financial risk generated some unpleasant surprises, despite the extensive advances in the quantitative and qualitative work performed in the area. This course examines the foundations of both risk measurement and management, and analyses the increasing need for banks to pay attention to the regulatory context.
Prior to completing this course it is recommended you undertake:
- Risk Management - An Introduction
This online course forms part of the Intuition short course suite.
Learning objectives
- Explain how risk measurements are used in and across different business areas and outline the major difficulties faced in measuring risk
- Describe the organisational challenges facing a bank as it deals with risk management and measurement issues and outline the key processes of risk management
- Explain how regulatory risk management affects the process for an individual bank
