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Risk management/Operational risk

Taking a health check

When global economic recovery eventually takes place, it is essential energy trading organisations are in a position to capitalise on market changes. Julie Shochat and Ryan Rogers of Enite set out some guidelines

A shining example

In the oil and gas industry, there's a lot to lose if operational risk management isn't top notch - lives are at stake. Financial services firms would do well to imbue their op risk frameworks with the same sense of significance, says Victoria Pennington

Traitors in our midst

As staff turnover rises and the pressure to perform increases, firms face the very real risk of good (or not so good) employees going bad. David Benyon looks at what firms can do to deter wrongdoing and protect their less tangible assets

A combined effort

Rather than running the business process and operational risk management frameworks in tandem, why not combine them and use one structure to comply with many rules? By Dennis Dickstein

More for your money

A new OR&C Intelligence Survey shows that, as profits fall and levels of fraud increase, financial institutions are working hard to adopt an enterprise-wide approach to fraud management. Victoria Pennington assesses the results

Highly cultured

Patricia Jalleh, head of group operational risk at United Overseas Bank Group, says that to achieve a robust op risk framework, a risk culture must be well and truly embedded within the firm. And no risk culture is perfect - it's a matter of constantly…

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