OpRisk North America: Conference focuses on problems of op risk appetite

Defining risk appetite is a vital part of the op risk function, but it's not an easy task, according to speakers at OpRisk's New York conference


Problems surround the calculation of operational risk appetite, but used correctly it can be a valuable tool, delegates at the OpRisk North America conference in New York heard today.

"The real question is why we do it, and even should we?" said Philippa Girling, business chief risk officer for Capital One Commercial Bank. "A lot of the time my sense is that it is just meeting a regulatory requirement."

David Kenny, global head of operational risk for State Street Global Markets, agreed: "I

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

Modernising compliance functions with regtech

Regtech addresses the complexities of regulatory requirements, offering innovative tools to modernise compliance functions, streamline processes and enhance efficiency. This article explores its role in compliance and reporting within the banking sector,…

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here