essay

You are expected to provide a critical overview of the approaches available to measure and manage a non-market risk which is the Operating Risk.

Your essay should be well-referenced. (maximum 1500 words, excluding references)

Marks will be awarded for the student's ability to:

· Demonstrate an understanding of Operating Risk (explaining the source and why is significant )

· Do a research focusing on the measurement of operating risk and the ways it can be managed

· How operational risk is identified ?

· The measurement approaches and management practices should both evolve from the early days and should be a focus on what is most recent implementations in this areas.

· Demonstrate an understanding of recent developments in the area of risk analysis and risk management; (looking at the dynamic process how it emerge and what recently has been implemented )

· Present evidence of a clear appreciation of the value and limitations of risk measurement and management tools; (Critical assessment of those measures in place for measurement and management )

· Present the evidence in a clear and well-structured way

· evidence of research, thinking and learning (not reading & copying).

·how this risk is addressed and Recommendations

· Correctly referencing throughout in Harvard style ;