Common mistakes in RCSAs and KRIs
Professor Tony Blunden author of Mastering Operational Risk, published by the Financial Times.
29th July at 09:00 BST
RiskLogix will be hosting a webinar on 29th July, at 9am BST
Professor Tony Blunden author of Mastering Operational Risk, published by the Financial Times, will be conducting a free webinar.
About this event
Operational Risk – Common mistakes in RCSAs and KRIs
Join us and your financial services colleagues for what will be an informative session covering common mistakes in RCSA and KRI work in operational risk. If you can avoid these common mistakes, business benefits are much easier to achieve.
Although risk and control self-assessments have been carried out for at least 25 years, there are still a variety of ways of conducting them. Each of the different approaches have downsides as well as upsides. We will look at how to avoid these common mistakes as well as recognising the benefits that RCSAs can bring.
Many firms either set indicators for every risk or select a small number of indicators which are not directly connected to a risk. We will look at the common mistakes in KRI work and how to side-step these and get business benefit from KRIs.
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