Operational Risk Risk Management
Operational risk risk management involves identifying, assessing, and mitigating potential risks that may arise from the day-to-day operations of a business. This includes evaluating the effectiveness of internal controls, monitoring compliance with regulations, and developing strategies to minimize the impact of unexpected events on the organization's objectives. Operational risk risk management aims to enhance decision-making processes and ensure the continuity of business operations in the face of various threats and uncertainties.