Management of financial and operational risk

1
Management of financial and operational risk

• dr hab. Marek Szczepanski

2
Management of financial and operational risk-
Programm

• Part I Financial Risk
• Introduction to risk management
• Risk frameworks and standards
• Financial crimes frauds and corruption
• Credit risk
• Investment risk
• Market risk
• Longevity risk
• Part II Operational Risk
• What is operational risk?
• How to manage operational risk?
• Risk and control selfassessments
• Regulatory compliance

3
Literature

• 1) Anthony Tarantino, Deborah Cernauskas
• Essentials of Risk Management in Finance, John
  Wiley, 2010. 
• 2) David Tattam, A Short Guide to Operational
  Risk, Gower Publishing Company, 2011.
• 3) Pawel Matkowski, Zarzadzanie ryzykiem
  operacyjnym, Wolters Kluwer, Kraków 2006.
• 4) Michael C.Erhard, Eugene F.Bringham, Corporate
  Finance, Cengage Learning, USA, 2011, part. 3,
  chapter 6.

4
Classes

• Financial risk
• The relationship between Risk and Return
• on financial market (examples)
• Credit risk (examples, case study).
• Global finacial crisis 2008-2009
• Dealing with finacial risk in banks and assurance
  companies (case study)