GE Capital's Sabath describes '1.2 line of defence' model
GE Capital Energy Financial Services' VP of regulatory and operational risk outlines model with embedded op risk managers taking on most of the review role, with the second line of defence acting "as consultants"
Far more responsibility for reviewing and challenging operational risk management belongs on the front lines, under a risk management model described by a senior op risk executive at GE Capital Energy Financial Services' today (June 10) at the OpRisk Europe conference in London.
John Sabath, vice-president of regulatory and operational risk at GE Capital Energy Financial Services in Stamford
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