Managing Risks in Commercial and Retail Banking takes an in-depth, logical look at dealing with all aspects of risk management within the banking sector. It presents complex processes in a simplified way by providing real-life situations and examples.
The book examines all dimensions of the risks that banks face—both the financial risks—credit, market, and operational—and the non-financial risks—money laundering, information technology, business strategy, legal, and reputational. Focusing on methods and models for identifying, measuring, monitoring, and controlling risks, it provides practical advice backed up by solid theories, without resorting to the use of complicated mathematical and statistical formulas.
Author Amalendu Ghosh exposes topics that are usually absent in books on managing banking risk—such as design of control framework, risk management architecture, credit risk rating, risk-based loan pricing, portfolio analysis, business continuity planning, and corporate governance.
- Author has extensive experience with a variety of major banks and institutions worldwide and brings a fresh perspective in the wake of the global finance crisis
- Presents a novel approach using models of the credit risk rating of different types of borrowers, the methodology for assigning weights for deriving the rating, and the scoring process
- Covers the essentials of corporate governance and options for credit risk assessment in line with the recommendations made in the New Basel Capital Accord
- Explains the methodology of risk-based internal audit, including techniques to enable bank branches to switch over from the old transaction-based audit methods
With its logical sequence of the aspects of risk management, the book's layout is ideal for presentations, making it a handy tool for risk management training
Keywords: risk, risk management, financial risks, measuring risk, corporate governance, managing risks, risk management for the banking sector, credit risk, market risk, operational risk, information technology, business strategy, reputational risk, monitoring risk, controlling risk, managing banking risk, credit risk rating, risk-based loan pricing, credit risk assessment, risk management training, risk-based bank supervision, risk management consultancy, banking operational risks, information technology risk, risk-based loan pricing, risk-based internal audit, corporate governance in banks, the Basel New Capital Accord, internal credit risk rating models, financial risk management, banking regulation, bank regulation, financial regulation, commercial banking, retail banking, commercial bank training, global banking, global finance, Managing Risks in Commercial and Retail Banking, Amalendu Ghosh, Banking Regulation Department, Reserve Bank of India