---
product_id: 273253543
title: "Operational Risk Management in Financial Services: A Practical Guide to Establishing Effective Solutions"
price: "₹ 12553"
currency: INR
in_stock: true
reviews_count: 13
url: https://www.desertcart.in/products/273253543-operational-risk-management-in-financial-services-a-practical-guide-to
store_origin: IN
region: India
---

# Operational Risk Management in Financial Services: A Practical Guide to Establishing Effective Solutions

**Price:** ₹ 12553
**Availability:** ✅ In Stock

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- **What is this?** Operational Risk Management in Financial Services: A Practical Guide to Establishing Effective Solutions
- **How much does it cost?** ₹ 12553 with free shipping
- **Is it available?** Yes, in stock and ready to ship
- **Where can I buy it?** [www.desertcart.in](https://www.desertcart.in/products/273253543-operational-risk-management-in-financial-services-a-practical-guide-to)

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- Customers looking for quality international products

## Why This Product

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## Description

Technology failures, data loss, issues with providers of outsourced services, misconduct and mis-selling are just some of the top risks that keep financial firms up at night. In this context effective operational risk management is, simply, a commercial necessity. The management of operational risk, defined by the Basel Accord as arising from failures of processes, people, systems or external events, has developed considerably since its early years. Continued regulatory focus and catastrophic industry events have led to operational risk becoming a crucial topic on senior management's agenda. This book is a practical guide for practitioners which focuses on how to establish effective solutions and avoid common pitfalls. Filled with frameworks, examples and diagrams, this book offers clear advice on key practices including conducting risk assessments, assessing change initiatives, designing key risk indicators, establishing scenario analysis, drafting appetite statements and carrying out risk reporting. Operational Risk Management in Financial Services also features results from polls taken by risk practitioners which provide a snapshot of current practices and allow the reader to benchmark themselves against other firms. This is the essential guide for professionals looking to derive value out of operational risk management, rather than applying a compliance 'tick box' approach.

Review: Simply the best guide to Operational Risk - This book is a MUST HAVE for anyone who is involved in Operational Risk or just wants to get a better understanding of what it is and the associated framework. I am a Prograame Manager in Fin Services with some understanding of Op Risk and ordered the book to gain a better understanding. I was slightly concerned it would be too complicated to read or dry, I was pleasantly surprised how easy it is to read ( couldn’t put it down!) and it takes you from basics to quite detailed knowledge and practical examples. Industry examples and case studies is the icing on the cake! It is clearly written by an author who knows what they are talking about.
Review: Fabulous - Common sense and knowledgable - I bought this in preparation for my new senior role in Governance and Assurance. I now feel well equipped with the book in my tool kit. Everything is explained in accessible terms and brings the true meaning of operational risk management to life. I have recommended the book to three of my new colleagues and I’m sure I will be referring to it in years to come. Thank you Elena for such an insightful book

## Technical Specifications

| Specification | Value |
|---------------|-------|
| Best Sellers Rank | 817,904 in Books ( See Top 100 in Books ) 156 in International Finance 225 in Professional Financial Insurance 447 in Financial Risk Management |
| Customer Reviews | 4.8 out of 5 stars 40 Reviews |

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## Customer Reviews

### ⭐⭐⭐⭐⭐ Simply the best guide to Operational Risk
*by A***3 on 12 July 2021*

This book is a MUST HAVE for anyone who is involved in Operational Risk or just wants to get a better understanding of what it is and the associated framework. I am a Prograame Manager in Fin Services with some understanding of Op Risk and ordered the book to gain a better understanding. I was slightly concerned it would be too complicated to read or dry, I was pleasantly surprised how easy it is to read ( couldn’t put it down!) and it takes you from basics to quite detailed knowledge and practical examples. Industry examples and case studies is the icing on the cake! It is clearly written by an author who knows what they are talking about.

### ⭐⭐⭐⭐⭐ Fabulous - Common sense and knowledgable
*by E***T on 28 January 2023*

I bought this in preparation for my new senior role in Governance and Assurance. I now feel well equipped with the book in my tool kit. Everything is explained in accessible terms and brings the true meaning of operational risk management to life. I have recommended the book to three of my new colleagues and I’m sure I will be referring to it in years to come. Thank you Elena for such an insightful book

### ⭐⭐⭐⭐⭐ Authoritative book, written by an expert
*by M***E on 6 November 2022*

Simply a must-have book on Operational Risk Management! Unique as it is full of tips and valuable advice that one cannot easily find out there. As a tenured risk practitioner I related to the book and still learned a great deal, and particularly enjoyed RCSA, KRIs and Risk Culture chapters. Would highly recommend to all risk professionals.

## Frequently Bought Together

- Operational Risk Management in Financial Services: A Practical Guide to Establishing Effective Solutions
- How to be a Chief Risk Officer: A handbook for the modern CRO: 2

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*Product available on Desertcart India*
*Store origin: IN*
*Last updated: 2026-10-30*