Tag: operational risk management

ORM Software

The 7 – Step Approach to Mitigate Operational Risk Management

Mohammed Nasser Barakat

Partner at CAREWeb
(Mohammed Nasser) Barakat, is the BRS Service Line Leader for the ME region. Nasser has an MBA in Professional Accounting and a BS Degree in Banking and Finance.He is a Certified Public Accountant in Colorado State, USA, a Certified Control Self Assessment Practitioner and a Certified Fraud Examiner. Find me on

Operational risks impact the reputation and financial stability of a business significantly. A lack of strong risk mitigation strategies results in various operational failures, leading to crises in organizational management. That is why many businesses have started procuring significant resources to design a more robust risk-management framework. Contemporary businesses are particularly keen to develop business…

The 7 – Step Approach to Mitigate Operational Risk Management was last modified: October 10th, 2014 by Mohammed Nasser Barakat



Remidies

Operational Risks Management – Causes and Remedies

Mohammed Nasser Barakat

Partner at CAREWeb
(Mohammed Nasser) Barakat, is the BRS Service Line Leader for the ME region. Nasser has an MBA in Professional Accounting and a BS Degree in Banking and Finance.He is a Certified Public Accountant in Colorado State, USA, a Certified Control Self Assessment Practitioner and a Certified Fraud Examiner. Find me on

What are operational risks? Banks and other financial institutions face losses from a failure to manage internal processes and systems. Operational risk arises from disruptions to daily operations that contribute to direct or indirect losses. Managing and understanding key operational risk has grown exponentially over the past few decades. This has generated a need to…

Operational Risks Management – Causes and Remedies was last modified: November 3rd, 2014 by Mohammed Nasser Barakat



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