Bread-and-butter op risks at the top table

Op Risk Benchmarking: As G-Sibs are forced to do more, how can they avoid doing more wrong?

Credit: Risk.net montage/Getty

This article is the second in our series scrutinising op risk practices at the world’s biggest banks – a new initiative. The other articles in the series will be published here over the coming days.

According to one op risk manager, execution and processing errors are the “bread and butter” of op risk – getting stuff wrong, slipping up, blundering, bungling, boo-booing, or botching something in the ordinary course of business. Why are global systemically important banks so worried about it

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

If you already have an account, please sign in here.

Investment banks: the future of risk control

This Risk.net survey report explores the current state of risk controls in investment banks, the challenges of effective engagement across the three lines of defence, and the opportunity to develop a more dynamic approach to first-line risk control

Op risk outlook 2022: the legal perspective

Christoph Kurth, partner of the global financial institutions leadership team at Baker McKenzie, discusses the key themes emerging from Risk.net’s Top 10 op risks 2022 survey and how financial firms can better manage and mitigate the impact of…

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