Integrated Operational Risk Management

A hands-on and tech-aware exploration of operational risk management

In Integrated Operational Risk Management: Tools, Techniques and Meeting Regulatory Expectations, distinguished risk and compliance practitioners Jimi Hinchliffe and Andrew Sheen deliver a practical discussion of operational risk management (ORM) with a pronounced focus on operational resilience and regulatory context, history, and expectations. The book offers a comprehensive explanation of how to create a holistic framework for ORM that breaks down the silos in non-financial risk management, improves efficiency, avoids duplication, and adds value to the business.

The authors examine ORM's place within enterprise risk management and describes the origins and evolution of ORM as a discipline. It considers the roles of the BCBS, UK FSA and the Institute of Operational Risk. You'll also find:

• A variety of ORM tools and frameworks you can implement immediately to incorporate best practices on governance, risk assessment, and other areas
• Strategies for risk identification and controls management and balancing
• Up-to-date discussions of the latest and best practices in operational risk management

Perfect for risk and compliance professionals at financial and non-financial firms, Integrated Operational Risk Management is a must-read resource for everyone interested in a forward-looking and contemporary examination of best practices in ORM.