Scenario Analysis For Basel Ii Operational Risk Management
Essay specific features


Written by:
Adrian R
Date added:
May 11, 2015
Level:
University
Grade:
B
No of pages / words:
9 / 2520
Was viewed:
743 times
Rating of current essay:
Essay content:
“Obviously, you have no idea how our funds are managed or what extreme measures we take to make sure that no money is lost.”
With a hint of pride in his voice, he added, “You know our monthly losses are only in the thousands of Rand, even though we handle millions of Rand on average. We are able to do this because we have sound procedures for money management, prudent guidelines for investing and highly trained personnel...
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We are able to do this because we have sound procedures for money management, prudent guidelines for investing and highly trained personnel.”
Not easily dissuaded, Susan, the scenario analysis manager, responded by acknowledging the risk manager’s success. However, she urged him to identify a group of key personnel to participate in a scenario analysis exercise...
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