Skip to main content

It’s Time For Banks to Reassess the Role of Their Operational Risk Departments

With the introduction of the Standardized Measurement Approach by the Basel Committee in December 2017, banks have an opportunity to reassess the mission of their operational risk departments.  In the first of a two part series, Marsh and Oliver Wyman collaborate to outline how banks can leverage data and resources to actively mitigate, finance, and transfer operational risks.

It's Time for Banks to Reassess the Role of Their Operational Risk Departments