Rossi A Risk Professional s Survival Guide

Applied Best Practices in Risk Management
1. Auflage 2014
ISBN: 978-1-118-95304-4
Verlag: John Wiley & Sons
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 528 Seiten, E-Book

Reihe: Wiley Finance Editions

Balanced, practical risk management for post - financialcrisis institutions
Fundamentals of Risk Management fills a critical gap leftby existing risk management texts. Instead of focusing only onquantitative risk analysis or only on institutional riskmanagement, this book takes a comprehensive approach. The disastersof the recent financial crisis taught us that managing risk is bothan art and a science, and it is critical for practitioners tounderstand how individual risks are integrated at the enterpriselevel.
This book is the only resource of its kind to introduce all ofthe key risk management concepts in a cohesive case study spanningeach chapter. A hypothetical bank drawn from elements of severalreal world institutions serves as a backdrop for topics from creditrisk and operational risk to understanding big-picture riskexposure. You will be able to see exactly how each rigorous conceptis applied in actual risk management contexts. Fundamentals ofRisk Management includes:
* Supplemental Excel-based Visual Basic (VBA) modules, so you caninteract directly with risk models
* Clear explanations of the importance of risk management inpreventing financial disasters
* Real world examples and lessons learned from past crises
* Risk policies, infrastructure, and activities that balancelimited quantitative models
This book provides the element of hands-on application necessaryto put enterprise risk management into effective practice. The verybest risk managers rely on a balanced approach that leverages everyaspect of financial operations for an integrative risk managementstrategy. With Fundamentals of Risk Management, you canidentify and control risk at an expert level.

Autoren/Hrsg.

Rossi, Clifford

Inhaltsverzeichnis

Preface ix
Acknowledgments xi
About the Author xiii
CHAPTER 1 Navigating Risk at Sifi Bank 1
CHAPTER 2 Overview of Financial Risk Management 33
CHAPTER 3 Risk Governance and Structure 61
CHAPTER 4 Economic Capital, Risk-Adjusted Performance, and Capital Allocation 83
CHAPTER 5 Credit Risk Theory 115
CHAPTER 6 Consumer Credit Risk Measurement 145
CHAPTER 7 Commercial Credit Risk Overview 193
CHAPTER 8 Credit Risk Mitigation 223
CHAPTER 9 Interest Rate Risk 255
CHAPTER 10 Market Risk 287
CHAPTER 11 Liquidity Risk Management 311
CHAPTER 12 Market Risk Hedging 345
CHAPTER 13 Hedging Interest Rate Risk 375
CHAPTER 14 Operational Risk Management 405
CHAPTER 15 Model, Regulatory, Legal, and Reputational Risk Management 431
CHAPTER 16 Toward Integrated Risk Management 461
Answer Key 477
Index 497

Über Autor(innen)

CLIFFORD ROSSI is Professor-of-the-Practice andExecutive-in-Residence at the Robert H. Smith School of Business atthe University of Maryland. He also has nearly 25 years' experiencein banking and government. Dr. Rossi's most recent position wasManaging Director and Chief Risk Officer for Citigroup's ConsumerLending Group. He has also held senior risk management positions atFreddie Mac and Fannie Mae. Dr. Rossi is frequently quoted onfinancial policy issues in major newspapers and has appeared on FoxNews, C-SPAN, and CNN's Situation Room.