Tag: orm software

risk managers

Stress Tests will stick around for Big-belly Banks

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

Within months of the financial downturn, regulators began to fortify the financial sector with stress testing. It opened eyes in Wall Street, and many “too big to fail” banks, to perils only they had invited. Initially, regulators faced heavy criticism for the objective and purpose of stress testing. However, Critics are now changing their opinions…

Stress Tests will stick around for Big-belly Banks was last modified: November 3rd, 2014 by Mohammed Nasser Barakat



ORMbig-01

Five Essential Features to Incorporate in Your ORM Software

Fadi Al-khatib

Manager at CAREWeb
Fadi has BA degree in Accounting, and he is a Certified Operational Risk Executive. He has more than three years practical experience in the field of internal audit in one of the biggest banks in Jordan Before joining Grant Thornton in 2008 as a Senior Consultant, where he has conducted audit assignments in several companies, branches and business units.  Fadi has participated in the preparation and execution of many CRSA workshops and the implementation of Operational Risk Management systems for large clients in various industries.

Choosing your company’s Operational Risk Management (ORM) software can be tricky. ORM software should be custom designed to allow for analysing the functions and workflow of specific business structures in a precise manner. Its purpose is to measure and manage risks by monitoring the workflow closely. Every organization has a different work trajectory and the…

Five Essential Features to Incorporate in Your ORM Software was last modified: November 3rd, 2014 by Fadi Al-khatib



Alan1

Are you as proficient as Alan’s risk manager?

Fadi Al-khatib

Manager at CAREWeb
Fadi has BA degree in Accounting, and he is a Certified Operational Risk Executive. He has more than three years practical experience in the field of internal audit in one of the biggest banks in Jordan Before joining Grant Thornton in 2008 as a Senior Consultant, where he has conducted audit assignments in several companies, branches and business units.  Fadi has participated in the preparation and execution of many CRSA workshops and the implementation of Operational Risk Management systems for large clients in various industries.

Alan is one of the smart CEOs who have understood that proactive, risk-adjusted decision-making and effective management of capital is critical for success in business.  He is looking to counter risks, boost operational effectiveness, improve business processes and mitigate costs.   Jack is an efficient enterprise risk management software professional who emphasizes on developing ERM…

Are you as proficient as Alan’s risk manager? was last modified: October 10th, 2014 by Fadi Al-khatib



Operational Risks

Operational Risk Management and Innovation – Cure For Risks Faced In Organizations

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

Although it might sound surprising, a few businesses across the world still think that innovation and risk management do not go hand in hand. Innovation and risk management are increasingly seen as adversaries, rather than being complementary. When appropriately combined, the two can help organizations leverage on opportunities that spring from a risk-averse culture. On…

Operational Risk Management and Innovation – Cure For Risks Faced In Organizations was last modified: October 10th, 2014 by Mohammed Nasser Barakat



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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