Category: Risk

Risk Audit

Risk Audit

Risk Audit – The role of internal audit in auditing the work of risk management The business that the auditor has the right to audit on the Risk Department, the Audit Risk Department has a lot of work, and the Audit Department must have a qualified and capable team and an expert in the Risk […]

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Credit Risks

Credit risks and ways to reduce them

Credit risks and ways to reduce them What are the credit risks faced by banks? There are many credit risks facing banks and banks in the business world, and the bank management must take the necessary precautions to reduce these risks and their impact. Among the most important of these risks are the following: Risks […]

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Risk Management in Banks

Risk Management in Banks

Risk Management in Banks All banks are currently working on paying attention to risk reports in banks. Banks reports and understand them in detail, and we will show in “Money Makers“, in detail the importance of risk management in banks. About risk management in banks Risk management in banks is one of the most important […]

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Certified Financial Risk Management Consultant

CFRMC® (Certified Financial Risk Management Consultant)

Certified Financial Risk Management Consultant – CFRMC® The Certified Financial Risk Management Consultant – CFRMC® designation is designed to provide learners with a solid understanding of business risk and explains the strategies for managing risk efficiently and effectively. Risk management should be a top priority for your business. Not only can effective risk management strategies […]

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Risk Assessment

Conducting a Risk Assessment

Conducting a Risk Assessment Once you have gathered the data and set the scope for a risk assessment project, the process moves on to conducting the risk assessment itself. Risk assessment serves many purposes for an organization, including reducing operational risks, improving safety performance, and achieving objectives. While many individuals are involved in the process and many factors come […]

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Risk management standards

Risk Management standards / ISO 31000

Risk Management standards and examples Since the early 2000s, several industries and government bodies have expanded regulatory compliance rules that scrutinize companies’ risk management plans, policies, and procedures and Risk Management Standards. In an increasing number of industries, boards of directors are required to review and report on the adequacy of enterprise risk management processes. As a […]

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Risk management process

Risk Management Process

Risk Management Process In the Risk management approaches, after the companies, specific risks are identified and the risk management process has been implemented, there are several different strategies companies can take in regard to different types of risk: Risk avoidance. While the complete elimination of all risks is rarely possible, a risk avoidance strategy is […]

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Risk management process

Risk Management Process & Strategies

Risk Management Process & Strategies All risk management process plans follow the same steps that combine to make up the overall risk management process: Establish context. Understand the circumstances in which the rest of the process will take place. We must also set standards that we will use to assess risks and define the structure […]

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Risk management

The Importance of Risk Management

What is Risk Management and Why is it Important? Risk management is the process of identifying, assessing, and controlling threats to an organization’s capital and earnings. So These threats, or risks, could stem from a wide variety of sources, including financial uncertainty, legal liabilities, strategic management errors, accidents, and natural disasters. So IT security threats […]

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Risk Treatment

Risk Treatment

Treatment of the Risk You must eliminate or contain every danger as soon as possible. So It is important that ‎responses are appropriate to the significance of the risk treatment, cost-effective in meeting the ‎challenge, realistic within the project context, agreed upon by all parties involved, and ‎owned by a responsible person.‎ Dealing with Threats […]

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