Regulators have defined operational risk as “the risk of loss resulting from inadequate or failed internal processes, people and systems, or external events.” While this risk category seems so basic, its occurrence is prevalent in our business world today, and companies have encountered significant resultant losses.
In this webinar, a K2 Integrity moderator calls upon Robert J. (Bob) Chersi to share the key concepts underlying operational risk, best practices for professionals to mitigate this risk, and the state of operational risk implementations in the financial services industry.
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