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An Enterprise Risk Management Presentation - …

Operational Risk An Enterprise Risk Management Presentation Margaret Tiller Sherwood FCAS, ASA, MAAA, FCA, CPCU, ARM, ERMP, CERA President Tiller Consulting Group, Inc. Joint IACA, IAAHS and PBSS Colloquium in Hong Kong Session Number: TBR4 Operational Risk An ERM Presentation Joint IACA, IAAHS and PBSS Colloquium in Hong Kong Definition Types of Operational Risk Operational Risk Management Framework Quantification Mitigation Monitoring Risk Identification and Mitigation Examples Words of Wisdom 3 Definition Joint IACA, IAAHS and PBSS Colloquium in Hong Kong Basel II Operational risk is the risk of loss resulting from inadequate or failed internal processes, people and systems, or from external events.

Operational risk is the risk of loss resulting from inadequate or failed internal processes, people and systems, or from external events. This

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