User Account

All Pages

How the risk management goals

Assignment Help Operation Management
Reference no: EM13957450

You are the Chief Risk Officer (CRO) for a small community bank located in a town of about 100,000 people. The institution has one building, which is the bank itself. The bank has a two-lane drive-thru, as well as a walk-up automated teller machine. There are 18 full-time employees and 12 part-time employees. Your job as the CRO is to design a complete risk management program, covering both perspectives of traditional risk management and financial Enterprise Risk Management.

In your paper, identify and address at minimum ten risks, with at least three each from traditional risk and ERM. You are expected to provide clarity and thoroughness in your explanations, and focus on risks that a business owner/bank manager would need to be legitimately concerned with. Please do not choose trivial examples.

In your paper, address how the Risk Management Goals presented in Module 1 of the course will be attained. They are:

Tolerable Uncertainty

Legal and Regulatory Compliance

Survival

Business Continuity

Earnings Stability

Profitability and Growth

Social Responsibility

Economy of Risk Management Operations.

Verified Expert

This assignment talks about enterprise risk management. Risk Management in Banking program gives executives a detailed and broad overview of risk issues in a banking environment. Banks have made dramatic changes to risk management in the past, It will need to be a core part of banks' strategic planning. This assignment is prepared in MS word and it is about 500 words.

Reference no: EM13957450

Questions Cloud

Description of the potential customers for their product : Albert and Tania produce and sell vanilla, chocolate, lemon, peppermint, and strawberry flavor extracts for baking. They are debating over a description of the potential customers for their product. Albert and Tania are trying to define:
The marketing concept assumes : The marketing concept assumes
What is the average cost per year under the optimal policy : Each year the Smalltown branch of a furniture store sells 20,000 dining room tables. The local store orders tables from the company warehouse providing stock for many local branches and the cost of doing this is $15 per table plus a fixed cost of $10..
Expanding production of calculators to drive down the cost : Texas Instruments, one of the first producers of handheld calculators, put a great deal of effort into expanding production of calculators to drive down the cost and thus, expand the market. This is most indicative of the _____ concept.
How the risk management goals : You are the Chief Risk Officer (CRO) for a small community bank located in a town of about 100,000 people. The institution has one building, which is the bank itself. The bank has a two-lane drive-thru, as well as a walk-up automated teller machine. ..
Marketer seeks to retain customers long-term preference : If a marketer seeks to retain customers' long-term preference and business through a win-win business style, the marketer is engaged in _____ marketing.
Focusing on the performance of individual brands or models : What are the pros and cons of a retailer’s using category management as opposed to focusing on the performance of individual brands or models?
Factors may influence future management decision-making : What type of factors may influence future management decision-making in these two companies? What types of control criteria would you expect these companies to use in evaluating their operations and determining how well they are doing?
Efforts affects consumer perceptions of the retailer : Comment on this statement: “The quality of store maintenance efforts affects consumer perceptions of the retailer, the life span of facilities, and operating expenses

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd