Recent financial and non-financial events, including Brexit, the Eurozone crisis, the 2023 collapse of various banks and current geopolitical issues have highlighted to both senior banking leaders and regulators significant operating risk challenges.

In this webinar, industry leaders Nick Wilcock, Director and Head of Non-Financial Risk at Delta Capita, and Ross Dilworth, Chief Problem Solver at RDX Strategy, discuss the issues banks face managing operating risks and event risks, key considerations and the actions can banks take to better prepare for future events. Topics explored include:

• Why it’s important banks consider the 360 operating risk impact of events
• How AI and model risk management, the emergence of new asset classes and other developments could present fresh operating risk management challenges for banks in the next 2-5 years
• Why mitigating the operating risk impact of future events requires senior bank leaders to focus right now on risk management frameworks, organisational design, and clarity around areas of responsibility and ownership
• The value of authentic horizon scanning in preparing for future risk events
• The benefits banks can reap every day by improving operating risk management processes for future events

Video Music by: Bensound.com/royalty-free-music
License code: MWDUXIKBLFTD3P2W